ricardian ambivalence

AU and NZ budgets (it’s the terms of trade!)

The proximate release of the Australian and New Zealand Budgets has prompted some comparisons between the two (see this odd

The AUDUSD has fallen out of bed over the last week or so — making a fool of my bullish

A key reason for the AUD60bn increase in deficits in the 2013-14 budget (relative to the 2012-13 MYEFO) was the

The 2013-14 budget has been released, and it shows the (fairly) predictable consequences of the decline in the terms of

Budget forecast for 2012-13 deficit prints at 19.4bn in 2013-14 budget — only 600m from my most recent forecast! Deficit

Following on from yesterday’s (somewhat contentious) post, I am going to compare Australia with eight other nations that are rated

With Australia’s 2013-14 budget only a day away, I figured it’s time to have a look at Australia relative to

When it comes to the labour market survey, I mostly focus on the rates: the unemployment rate (see here for

I have been taking a modest interest in the monetary policy experiment that’s being conducted in Japan. Covering Japan during

The WSJ’s incomparable Jon Hilsenrath has the scoop on the FOMC’s exit strategy. It looks like Bullard has won the

The RBA today published their Q2 2013 SOMP. The bottom line is that every meeting is live, but i think

The April employment report has led the the predictable ‘we was robbed’ response from many of those who got the