Ricardo

July RBA day – it is about the bias

No surprise that the RBA is a snooze today. Everyone expects the RBA to hold policy steady at 3.5% –

Consistent with their daily series, the RPData house price series for June showed a decent bounce of ~1%m/m. The headline

McCloskey makes the case against well intentioned liberalism. Unions raised wages for plumbers and auto workers but reduced wages for

LabourChartDude makes some appropriate points about bias in the private business and consumer surveys. I am not quite as skeptical.

Of the high profile blogging economists, John Cochrane is closest to my own views. His review of Taylor’s first principles

The Dutch Central Bank recently published a working paper that uses event studies to measure the impact of news about

It is inevitable that Greece will re-default – the only question is if they will remain in the EUR once

A meme that just will not die at the minute is that the RBA is worried about the recent weakness

Christina Romer calls for an open ended asset purchase programme, and the replacement of the fed’s low rate until 2014

Lots of ink gets spilled about what a terrible job the Fed is doing, or how the BoE ought to

The commentary surrounding the Q1 national accounts data has mostly focused on the veracity of the data – which is

The FT reports that Spain will get E100bn from official Euro funds. It will count toward their national debt, but