I don't know whether anyone ever had the temerity to argue that central banking is boring. Of course, one could always argue that central banking and monetary policy are supposed to be boring in the sense that the central bank should be blindly following some version of a Taylor rule and/or a specific nominal target for the inflation rate as well as the growth rate in the monetary base. Kind of like a good referee in soccer; if you don't notice him (or her), we should consider it a job well done.
Ultimately of course life... Continue Reading
Submitted ByTim Price
“A fool and his money are lucky enough to get together in the first place.” - Gordon Gekko (Michael Douglas) in the film ‘Wall Street’. First, a happy new year to all readers. There was a fitting circularity to 2008,...
Submitted ByClaus Vistesen
I don't know whether anyone ever had the temerity to argue that central banking is boring. Of course, one could always argue that central banking and monetary policy are supposed to be boring in the sense that the central bank should be blindly following some version of a Taylor rule and/or a...
Submitted ByClaus Vistesen
The following describes the menu of five courses which will be served for a select number of students during the month of January 2009. Students from the Erasmus program has been free to choose their own menu but in the following only slight deviations will occur from the more general, and fixed...
Submitted ByEdward Hugh
By Edward Hugh: Barcelona“In Ukraine, the evidence is still that policymakers do not quite understand the seriousness of the challenges they face,”. Timothy Ash, analyst at the Royal Bank of Scotland. “There is a burgeoning economic crisis in the European periphery,” Krugman said on the ABC...
Submitted ByClaus Vistesen
The ink on the post below suggesting that I would wind down for Christmas (and exam preparation) has hardly dried before I am forced back into action (more or less that is).
And the occasion?
Well, I am not going into too much background here, but one event important to remember (out of so many...
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