Institutional Economics

Institutional Economics

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Institutional Economics
Institutional Economics
When the Pitchford thesis goes into reverse: Australia’s net capital outflows
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When the Pitchford thesis goes into reverse: Australia’s net capital outflows

Plus, Lowe versus Svensson on flexible inflation targeting

Stephen Kirchner
Sep 10, 2022
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Institutional Economics
Institutional Economics
When the Pitchford thesis goes into reverse: Australia’s net capital outflows
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Last year, we lost both John Pitchford and Tony Makin, two of Australia’s best macroeconomists, who changed the way policymakers think about our economic interactions with the rest of the world. In p…

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