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Tim Duy

Tim Duy is the Director of Undergraduate Studies of the Department of Economics at the University of Oregon and the Director of the Oregon Economic Forum.

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Tim Duy's Latest Articles | 167

Another Financial Market Experiment?

Feb 6, 2012| 

In the fall of 2008, US authorities conducted a financial market experiment.  They allowed a large and heavily interconnected firm, Lehman Brothers, to file for... Read »

Europe Needs a Real Fiscal Union

Feb 1, 2012| 

The rhetoric is heating up as we head into Monday’s European Union’s summit.  On one hand, we see rumors circulating that a deal in the Greek debt talks... Read »

I Don’t See How This Can Continue

Feb 1, 2012| 

The European unemployment numbers are out.  The story from the Financial Times: Unemployment in the 17 euro countries climbed to 10.4 per cent in December, with... Read »

ZIRP and Interest Income

Jan 30, 2012| 

Edward Harrison at Credit Writedowns describes the Fed’s zero interest rate policy as “toxic,” noting that it is a transfer from savers and fixed-income... Read »

Fed Is Poised for More Easing

Jan 26, 2012| 

The basics are well known at this point.  The Fed extended its expectation for low rate out through the end of 2014, with the new hawk on the FOMC, Richmond Fed... Read »

Japan, Revisted

Jan 20, 2012| 

I haven’t had a chance to comment on the recent debate regarding Japan’s lost decades, so I am coming to the party a bit late.   A view is forming that... Read »

Is Europe About to Unravel?

Jan 17, 2012| 

Even the illusion of political unity in Europe appears to be dissolving before our eyes.  This, of course, should come as no surprise to anyone watching the European... Read »

How’s That Austerity Working?

Jan 17, 2012| 

From a Wall Street Journal article on the collapse of the Greek debt talks: The negotiations have been tortuous. After first insisting no default by any euro-zone... Read »

Output Gaps and Inflation

Jan 11, 2012| 

Regarding, again, the size of the output gap, this remark is found in the most recent Fed minutes: However, a couple of participants noted that the rate of inflation... Read »

Ultimately, It’s About the Inflation Target

Jan 8, 2012| 

Ryan Avent reports from Chicago on the willingness to believe the Fed is powerless to produce additional inflation: Why is Mr Hall—why are so many economists—willing... Read »

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