On Monday evening, Greece agreed to a last-minute economic bailout deal – its second – which may have warded off an all-out financial calamity in Europe. While it may fix … read more »
Economics professor Kamran Dadkhah analyzes why the price of gold plunged earlier this week and what international factors affect its value.
Northeastern faculty members have written at length on a wide range of topics. Here, we highlight the third batch of published works in a feature on recent faculty books.
Congress and President Obama reached a last-minute agreement on Tuesday to raise the nation’s debt ceiling, and avoid default. However, the crisis has damaged the United States’ standing in the world’s economy, according to Kamran Dadkhah, an associate professor of economics at Northeastern University.
On Monday, Treasury Secretary Timothy Geithner told Congress the U.S. has reached its debt ceiling — the limit on how much money the government can borrow. Not only has raising this limit been at times a contentious political issue, it also raises larger issues related to the U.S. economy’s long-term health, says Kamran Dadkhah, associate professor of economics at Northeastern University.
The value of silver soared to an all-time high last Thursday, and plunged dramatically yesterday, illustrating the constant volatility of the precious-metals market, which includes lustrous commodities like gold, silver and platinum. Here, Kamran Dadkhah, an associate professor of econometrics and macroeconomics at Northeastern, who has studied the value of silver and gold in the foreign exchange market, discusses how the declining value of the dollar relates to the ever-shifting value of precious metals and other commodities, such as oil.