Comments on: Critical Transitions in Markets and Macroeconomic Systems http://www.macroresilience.com/2010/07/29/critical-transitions-in-markets-and-macroeconomic-systems/ towards a more resilient macroeconomy Sun, 05 Feb 2012 10:17:44 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: The Pathology of Stabilisation in Complex Adaptive Systems at Macroeconomic Resilience http://www.macroresilience.com/2010/07/29/critical-transitions-in-markets-and-macroeconomic-systems/comment-page-1/#comment-74143 The Pathology of Stabilisation in Complex Adaptive Systems at Macroeconomic Resilience Wed, 14 Dec 2011 10:52:25 +0000 http://www.macroresilience.com/?p=523#comment-74143 [...] stimulus. The phenomenon of ‘rapid cycling’ explains a phenomenon I noted in an earlier post which is the apparently schizophrenic nature of the markets, turning from risk-on to risk-off at [...] [...] stimulus. The phenomenon of ‘rapid cycling’ explains a phenomenon I noted in an earlier post which is the apparently schizophrenic nature of the markets, turning from risk-on to risk-off at [...]

]]> By: admin http://www.macroresilience.com/2010/07/29/critical-transitions-in-markets-and-macroeconomic-systems/comment-page-1/#comment-2728 admin Fri, 30 Jul 2010 14:47:55 +0000 http://www.macroresilience.com/?p=523#comment-2728 John - I hope to take a look at monetary policy regimes but it's a very thorny topic that I haven't made up my mind on fully yet. John – I hope to take a look at monetary policy regimes but it’s a very thorny topic that I haven’t made up my mind on fully yet.

]]> By: admin http://www.macroresilience.com/2010/07/29/critical-transitions-in-markets-and-macroeconomic-systems/comment-page-1/#comment-2727 admin Fri, 30 Jul 2010 14:43:13 +0000 http://www.macroresilience.com/?p=523#comment-2727 Jeremy - Thanks. The magnitude of the catastrophic transition is even even more pronounced in fixed income markets like CP than it is in equities. Jeremy – Thanks. The magnitude of the catastrophic transition is even even more pronounced in fixed income markets like CP than it is in equities.

]]> By: John http://www.macroresilience.com/2010/07/29/critical-transitions-in-markets-and-macroeconomic-systems/comment-page-1/#comment-2724 John Fri, 30 Jul 2010 12:16:25 +0000 http://www.macroresilience.com/?p=523#comment-2724 Will the series discuss monetary policy regimes? I'd enjoy seeing your thoughts on Selgin's Less Than Zero argument, which hinges on how well nominal income targeting promotes resilience in the price system. The IEA has the paper in PDF at their site. Will the series discuss monetary policy regimes? I’d enjoy seeing your thoughts on Selgin’s Less Than Zero argument, which hinges on how well nominal income targeting promotes resilience in the price system. The IEA has the paper in PDF at their site.

]]> By: Jeremy Stark http://www.macroresilience.com/2010/07/29/critical-transitions-in-markets-and-macroeconomic-systems/comment-page-1/#comment-2702 Jeremy Stark Thu, 29 Jul 2010 20:13:03 +0000 http://www.macroresilience.com/?p=523#comment-2702 you may want to look at the graph of daily 30-day commercial paper rates at: http://www.federalreserve.gov/releases/cp/ looks to me like a system in equilibrium which shows signs of non-linearity/feedback and then goes totally wild. stick this graph into James Gleick's -Chaos- and nobody would bat an eye.... you may want to look at the graph of daily 30-day commercial paper rates at:

http://www.federalreserve.gov/releases/cp/

looks to me like a system in equilibrium which shows signs of non-linearity/feedback and then goes totally wild. stick this graph into James Gleick’s -Chaos- and nobody would bat an eye….

]]> By: FT Alphaville » Macro-prudence, macro-unintended consequences http://www.macroresilience.com/2010/07/29/critical-transitions-in-markets-and-macroeconomic-systems/comment-page-1/#comment-2696 FT Alphaville » Macro-prudence, macro-unintended consequences Thu, 29 Jul 2010 14:27:15 +0000 http://www.macroresilience.com/?p=523#comment-2696 [...] links: Securitized Banking and the Run on Repo - NBER Critical Transitions in Markets and Macroeconomic Systems – Macro [...] [...] links: Securitized Banking and the Run on Repo – NBER Critical Transitions in Markets and Macroeconomic Systems – Macro [...]

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