Archive - Institutional Economics

Output gap measures in the US, Japan, Canada and Australia

Jun 5 • Stephen Kirchner

May 2026

Immigration and living standards in the long-run

Australia, Belgium and Sweden

May 29 • Stephen Kirchner

What's not to like about rising bond yields?

AI and duration risk

May 22 • Stephen Kirchner

'One way or another': market hopium versus NACHO and expected conflict duration

Plus, the federal budget, inter-gen equity and long-run productivity growth

May 15 • Stephen Kirchner

From TACO to NACHO

Plus, recalibrating the Canadian economy for negative population growth

May 8 • Stephen Kirchner

US productivity growth, Treasury yields and AI

Plus, the war comes home

May 1 • Stephen Kirchner

April 2026

War and the second moment in US equities

Where's the vol?

Apr 24 • Stephen Kirchner

For whom the Strait tolls

Not for equities apparently

Apr 16 • Stephen Kirchner

Fade the ceasefire rally - it's not going to last

Plus, adventures in Claude Code

Apr 10 • Stephen Kirchner

Headlong into the Kindleberger trap

Are we missing the global hegemon yet?

Apr 2 • Stephen Kirchner

March 2026

Supply shocks all around

Mar 27 • Stephen Kirchner

Conservative nat sec narratives and strategic folly

Plus, Fed independence; and RBA dissents

Mar 20 • Stephen Kirchner

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