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Boeing CEO Kelly Ortberg told CNBC Monday that the planemaker will need “a couple more years” to repair its finances before launching a new commercial jet, signaling that the company is focused more on stabilizing its existing business rather than rushing to develop a successor to its best-selling 737 MAX. Boeing must clear three hurdles…
We thank Eric Leeper and Juan Rubio-Ramirez for helpful discussions. Massimiliano Marcellino and Tommaso Tornese kindly provided code implementing their Algorithm 2. The views expressed herein are those of the authors and do not necessarily reflect those of the Federal Reserve Bank of Atlanta, the Federal Reserve System, or the National Bureau of Economic Research.
The USD/JPY pair extends the previous day’s late pullback from the vicinity of mid-162.00s and attracts some follow-through sellers during the Asian session on Tuesday. Spot prices drop to the 161.70-161.65 region in the last hour, though the downside remains cushioned in the absence of any intervention by Japanese authorities and a supportive fundamental backdrop….
By appointing John Healey as chancellor of the exchequer, British Prime Minister Andy Burnham has taken a calculated risk. If Healey can leverage his insider knowledge of the Treasury, pursue a bold, pro-growth agenda, and manage his defense-spending instincts, he may be able to provide the structural shake-up the UK economy needs. NEW YORK—The United…
The author order was determined using the American Economic Association’s (AEA) randomized author order tool (confirmation code: 97bxnitDoKnK). The study was pre-registered in the AEA RCT Registry (AEARCTR-0016106). We are grateful for financial support from the Abdul Latif Jameel Poverty Action Lab (J-PAL) North America, the Texas A&M Bush School Seed Grant, and the Strada…
Image: Jamie Street/Unsplash The fourth in a series of extracts from Global Government Forum’s new study on future-proofing digital capability examines how a strong technical workforce alone is not enough – leadership is increasingly critical to digital delivery The Future-proofing government digital capability study, led by Kevin Cunnington, executive advisor at GGF and former director general of…