Sunday, July 31, 2011

Inequality in the US...

I found this good piece on inequality in the US;

ftp://ftp.igier.unibocconi.it/wp/2011/402.pdf

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Falling Bond Yields, Federal Reserve Credibility, and the Power of Long-Run Expectations in the U.S. Economy.....

Introduction Bond markets often respond to changing expectations before central banks formally alter policy rates, making government bond ...