Eurozone officials are considering a proposal to do away with one- and two-cent Euro coins, which cost more to make than they are worth. It may be a worthy cause, but amid historic levels of unemployment, grim economic forecasts, and a financial crisis that threatens the future of the currency itself, it would seem European […]

CFE and SPF Comparison   Real GDP Unemployment Nonfarm Payrolls   SPF Median CFE SPF Median CFE SPF Median CFE 2013Q2 1.8 2.6 7.6 7.5 179 196 2013Q3 2.3 2.6 7.5 7.3 143 198 2013Q4 2.7 3.0 7.4 7.1 173 199 2014Q1 2.5 3.0 7.3 7.1 179 203 2014Q2 3.2 3.0 7.2 6.8 185 209 […]

 “A Euro in Cyprus is not the same as a Euro elsewhere”…Olivier Jeanne. A debt crisis in the island nation of Cyprus threatened to blow into Europe as a full-blown financial hurricane this spring. How could trouble in such a small economy pose so much risk – and what do the EU’s stumbling efforts to […]

CFE Advisory Board Member and Chief Global Economist at Deutsche Asset and Wealth Management, Josh Feinman, wrote the following commentary on the current US fiscal situation: Deficits and debt, government spending and taxes: few issues command so much attention, and generate such heated debate.  It’s little wonder; virtually everyone has a stake in the outcome, and much […]

CFE Advisory Board Member and Chief Global Economist at Deutsche Asset and Wealth Management, Josh Feinman, wrote the following commentary on the current US fiscal situation: Japan: changing course?  For years, Japan has languished in the background of the global economy and financial markets, more a follower than a leader of key trends. Although it […]

CFE co-director Bob Barbera writes a piece digging into the sharp rise in employment in the September employment survey: Much Ado About Not Much

Discussion by CFE co-directors Bob Barbera and Jonathan Wright with Olivier Jeanne and Nicolas  Jabko on the unfolding situation in Europe, featured in the JHU Online Arts and Sciences magazine. http://krieger2.jhu.edu/magazine/2012/07/a-day-late-and-a-euro-short/

The crisis in Europe has been escalating for three years and has now turned into a bank run. Europe is facing the possibility of a currency breakup and/or entering into a continent-wide Depression. European institutions are in a dangerous stalemate and till now have consistently been way behind the curve. Bob Barbera and Jonathan Wright, co-directors of CFE, take to the electronic airwaves in this piece, offering their expertise, keen insights, and unconventional wisdom in helping us understand the financial crisis in Europe.

What were the root causes of the 2008 financial crisis, and what is the outlook for the European and U.S. economies? The Center for Financial Economics (CFE) acting Co-Director Jonathan Wright posed these questions to a panel of three Johns Hopkins alumni working in the finance and economics industry on Friday. As part of Alumni […]

The annual IMF meetings are getting underway and this morning IMF Chief Economist Olivier Blanchard discussed the latest World Economic Outlook (WEO) being released by the Fund. Blanchard is always worth a listen. In this case, sadly, the quick version is this: currently bleak, sources of problems not getting better. This report is of particular […]