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The Growth Economics Blog | This blog takes Robert Solow seriously | Page 2
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The Growth Economics Blog. This blog takes Robert Solow seriously. Skip to primary content. Skip to secondary content. Newer posts →. Women and the Wealth of Nations. December 8, 2015. I discussed a paper by David Cuberes and Marc Teigner. At the SEA meetings in New Orleans a few weeks ago. It provides some interesting calculations on the economic cost of discrimination against women in developing countries. CT set up a simple model of occupational choice, a la Banerjee and Newman. OECD groups and develo...
uneconomical.wordpress.com
Lessons from Switzerland | uneconomical
https://uneconomical.wordpress.com/2015/06/23/lessons-from-switzerland
Random comments on UK economics. UK GDP Data Sources. June 23, 2015. Which the Bank should have been doing anyway. That’s really a tortuously slow process. Policymakers like to think they maintain “credibility” by not making policy announcements which surprise the market. This makes sense to an extent, but it can go too far. To abuse a nautical metaphor, as is traditional, it’s sometimes too easy to imagine central bankers like the captain of the cruise liner who. British central bankers have announced f...
uneconomical.wordpress.com
Are we nearly there yet? (redux) | uneconomical
https://uneconomical.wordpress.com/2015/05/13/are-we-nearly-there-yet-redux
Random comments on UK economics. UK GDP Data Sources. Are we nearly there yet? Are we nearly there yet? May 13, 2015. As usual it doesn’t take long for the OBR employment forecast to look too low. Labour market data covering the three months to March. UK Total in Emplomyent, OBR Forecast and Trend, Outturn. Source: ONS MGRZ. OBR Budget 2015 EFO. The current labour market data is not comparable with old OBR forecasts. Another upward revision to the OBR’s trend seems not unlikely. OBR Budget 2015 EFO.
thedismaloperator.wordpress.com
Market Views 1 November 2014 | The Dismal Operator
https://thedismaloperator.wordpress.com/2014/11/01/market-views-1-november-2014
Market Views 1 November 2014. The Federal Reserve confirmed on Wednesday that it will allow the QE program to end, finishing the last round of ‘tapering.’ I remain of the view that this development is a negative for the market going forward. This doesn’t preclude prices from rising higher – in the 9 October post I posted the following chart of the S&P 500 when the last rounds of QE ended:. The reason for this is that QE is a relative tightening of monetary policy. Consider the following diagaram:. Click ...
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On the Implications of a Plunging Oil Price | The Dismal Operator
https://thedismaloperator.wordpress.com/2014/12/16/on-the-implications-of-a-plunging-oil-price
On the Implications of a Plunging Oil Price. As I wrote two months ago. In reference to the ending of Quantitative Easing by the Federal Reserve:. Since early 2010, energy producers have raised $550 billion of new bonds and loans as the Federal Reserve held borrowing costs near zero, according to Deutsche Bank AG. The Wall Street Journal. The chart in question:. Citing this quote from a NYT article. About the subject (emphasis mine):. Companies with junk credit ratings have been increasingly issuing bond...
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Market Views 9 October 2014 | The Dismal Operator
https://thedismaloperator.wordpress.com/2014/10/09/market-views-9-october-2014
Market Views 9 October 2014. The trend is your friend, until it ends…. The following is a chart of the S&P 500 futures since summer of 2011. (as with all charts, click for a larger view). Russell 2000, Social Media, Homebuilders. The Russell 2000 has definitively broken it’s 3 year trendline and is definitively making a series of lower highs and lower lows. The following is a closer view. On a strictly technical basis, the double top at 1219 serves as sort of a head, with the two touches of the yellow li...
thedismaloperator.wordpress.com
Steve Evets | The Dismal Operator
https://thedismaloperator.wordpress.com/author/thedismaloperator
The SNB has to pick its poison. It is damned for one set of reasons if it holds the currency peg, and damned for another set if it ditches the peg. Welcome to the world of horrible dilemmas facing modern central banks. Ambrose Evans-Pritchard, 15 Jan 2015. For every credibility gap, there is a gullibility gap. The Critics of the Swiss National Bank Have It Wrong. The following is a look at the unemployment from 2007, through to the present:. Now Exports from the same time period:. Unfortunately, the reco...
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Home | The Dismal Operator
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Click to print (Opens in new window). Click to share on Twitter (Opens in new window). Share on Facebook (Opens in new window). Click to share on Google (Opens in new window). Click to share on Reddit (Opens in new window). Click to share on LinkedIn (Opens in new window). Click to email (Opens in new window). Leave a Reply Cancel reply. Enter your comment here. Fill in your details below or click an icon to log in:. Email (Address never made public). Notify me of new comments via email. New Deal 2.0.
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More On the Oil Price Developments | The Dismal Operator
https://thedismaloperator.wordpress.com/2014/12/18/more-on-the-oil-price-developments
More On the Oil Price Developments. The consensus view on the recent plunge in oil prices is that it is a net positive. The logic involved is that the falling price represents a transfer of wealth from oil producers to oil consumers, and as there are far more of the latter, the boost to consumer spending will outweigh any difficulty faced by oil producers. The next issue to resolve is the reason for the declining demand. As Irving Fisher wrote in his 1913 article. The other day in examining the implicati...
thedismaloperator.wordpress.com
The Dismal Operator | Economics Markets | Page 2
https://thedismaloperator.wordpress.com/page/2
On the Implications of a Plunging Oil Price. A First Rate Madness: What the Invectives Against the ‘Save Our Swiss Gold’ Campaign Say About the Economic Establishment. It is difficult to get a man to understand something, when his salary depends on his not understanding it. Dedicated to reducing gold to merely a 6,000 year bubble (and being equally unkind to Bitcoin). Financial Times writer Izabella Kaminska alerted me to this note in one of her recent posts. Market Views 1 November 2014. At the end of t...
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