Recently added articles from Federal Reserve Bank of Minneapolis Quarterly Review:

On the needed quantity of government debt.

Nov 01, 2007; Birkeland, Kathryn ... We need to change our way of thinking regarding government debt. First, the government debt that a country owes to its citizens is not debt in the usual sense of the word. This form of government debt is a mechanism that facilitates intergenerational borrowing and lending, and is an ...

Modeling Great Depressions: the depression in Finland in the 1990s *.

Nov 01, 2007; Conesa, Juan Carlos ... The general equilibrium growth model is the workhorse of modern economics. It is the accepted paradigm for studying most macroeconomic phenomena, including business cycles, tax policy, monetary policy, and growth. The collection of papers edited by Kehoe and Prescott (2002, 2007) and ...