links for 2010-07-27

Vasco Curdia and Michael Woodford: The Central-Bank Balance Sheet as an Instrument of Monetary Policy







David Dayen: Obama Administration Threatens Veto on Any Bill Blocking EPA Carbon Regulations

DD: "This is pretty good news. It's important to note that the death of climate legislation does not mean the death of carbon regulation. It just moves it into a new phase, where the EPA takes the lead. And the Administration...