Statistical challenges due to the economic and financial crisis
Nils Bernstein, Governor of the National Bank of Denmark summarises the issues in this neat speech. The speech focuses on Denmar and EU but can be applied to most countries: Statistics are the basis...
View ArticleJapan policymakers running out of options?
How things have changed in such quick time. From optimistic economic outlook you get news item which are getting increasingly pessimistic. Here is a NYT report on Japanese outlook. It says perhaps...
View ArticleLessons from Korea’s unemployment insurance program
Sung Teak Kim of Korea Labor Institute has this insightful paper on the topic. Interestingly Korea has a pretty good unemployment insurance program. They expanded the program after the 1997-98 South...
View ArticleHow central banks actions are understood by the public?
There are quite a few papers on how financial markets interpret central bank actions. I mean the entire attention is there. But when you talk to a central banker they always say they are there for the...
View ArticleEconomists predicting housing market crash: Optimists vs Pessimists vs Agnosts
This is a must read paper from Boston Fed economists. If there is one paper you have to pick to understand US housing market crash. This is it. It summarises the debate which economists had before the...
View ArticleBlogging is going to weak for next one month
This blog is going on a vacation and blogging is likely to remain weak. I will try and post once a while but it is not going to be regular. Full blogging should resume in mid-September. But do keep...
View ArticleComparing economics with physics… physics is a science and economics isn’t
I know am late on this but still people who have not read the speech should take a look. RBI Gov Subbarao reflects on the crisis and issues with economics. He says economics was seen as science before...
View ArticleAssorted Links
Twoi vistors to this blog have sent these links: Rakhi Gupta sends these two links: Recently RBI has released Annual Report for 2009-10. This document provides inner insights in simple and summarised...
View ArticleJackson Hole Conference 2010
This annual erence has always been the much anticipated event. The papers and speeches for 2010 conference have been put on the website. WSJ Blog had a number of posts on the event Economists Consider...
View ArticlePre-1980s, Norway’s economic policy was much like India’s
Norway’s Central Bank Governor Svein Gjedrem gives this superb lecture tracking developments in economic policy focusing on Norway. He also looks at state of economics in general and why should we...
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