Learning about economic geography
Paul Krugman recently wrote a superb paper on one of the topics he knows best – economic geography. After all his work on International Trade and international geography got him the Sweden prize. In a...
View Article2010 South-west monsoon is expected to be normal
The amount of rains in monsoon season is always a very important economic indicator every year. This year it will be all the more as we had a severe drought last year and had deficient food production...
View ArticleIndia’s core inflation – a note
On March 19 2010, RBI increased interest rates before the official policy. The main reason was rise in inflation and inflationary expectations. Anchoring inflation expectations and containing overall...
View ArticleHow would Schumpeter view this crisis?
This is an interesting lecture by Barry Eichengreen which he gives at Schumpeter society. Eichengreen says how would Schumpeter view this crisis: No doubt he would have been of the view that the...
View ArticleMuch Ado about Pigou ….and other defunct economists
I wanted to write on these two profile together – Schumpeter and Pigou. But Schumpeter one became too long so had to write a fresh post on Pigou. Bruce Yandle of Clemson University has a nice...
View ArticleSome interesting speeches etc to read
I would have preferred to put all these as separate posts but am running out of time. The stuff is getting outdated as well: Which Fed member moved markets most in 2009? An excellent analysis by...
View ArticleFinally, Fed may get a full board
I don’t recall which paper, but some economist pointed how Fed’s board has not been fully occupied for a while. Fed Board has seven governors (including chairman and vice chairman) but we have had only...
View ArticleUnderstanding the Goldman Abacus issue
I have not been able to understand it. The moment I read Goldman structured a deal called Abacus which invested in synthetic CDOs, it was enough to hide for cover. It sounded so similar to Enron which...
View ArticleMore interesting stuff to read
There is a deluge of interesting stuff to read: Simon Johnson and Peter Boone vote for Montek Ahluwalia to head IMF. The bigger part of the article deals with the stiff choices Europe faces now. Dallas...
View ArticleMoney Multiplier in India
RBI releases a lot of data on monetary aggregates on a weekly basis. Though, analysing monetary data is not in fashion anymore, it does throw long term trends. Take the case of money multiplier (MM)....
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