Tuesday, 26 June 2012

US petrol

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Living here in the US, I find people complaining about the cost of gasoline (currently about $3.40 per US gallon).  How does that compare?  ...
Monday, 25 June 2012

Has the Bank of England missed its inflation target?

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Martin Weal e writes Over the period since I joined the MPC, the average inflation rate has been just under 4% per annum. The target is 2...
Monday, 11 June 2012

Globalization and U.S. Wages

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Our latest paper in the Journal of Economic Perspectives.  Globalization and U.S. Wages: Modifying Classic Theory to Explain Recent Facts ...
Friday, 8 June 2012

How I helped add £3bn to UK GDP this morning

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With apologies for shameless self-promotion... Our Imperial team, working with ONS and the IPO, this morning raised GDP by £3bn .  Have we...
Thursday, 7 June 2012

Innovation measurement : a survey

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Bronwyn Hall has a very nice piece that I only just saw as part of an overall high-level EU pane l.  She comes out in favor of the growth a...
Wednesday, 6 June 2012

Economics writing, the master at work

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Are there better economics writers than John Kay?  He explains   Michael Albert, the writer, identified the twin origins of insurance: th...
Tuesday, 5 June 2012

Greece and taxes, once again

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Via the ever-fascinating Tim Taylo r, who blogs at Conversable Economis t, here's a table on child poverty. It shows the fraction of kid...
Monday, 4 June 2012

A banking union for Europe

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Key conditions from the excellent Wolfgang Munchau The deposit insurance should have no limits. It is probably best to anchor it at th...

More Eurocrisis readings

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The FT has a series of excellent pieces on this.  Here's my summary 1. Gideon Rachman says wind it all up now.  Monetary union needs ...
Monday, 20 February 2012

More financial crisis readings

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11..       Where Does The Greek Bailout Money Go? http://www.zerohedge.com/news/where-does-greek-bailout-money-go 19% only to Greeks, ...