ricardian ambivalence

Would a failed JGB buyback matter?

The Japanese Business paper Nikkei reports that the Bank of Japan will kick off their easing campaign with Y1.2tn of

One of the most productive tricks in vim is the finger macro. Say you wish to assign a macro to

The March non-farm payrolls report was about half expected, printing at +88k (mkt +193k: range +170k to +230k). There was some

Ben Bernanke made a splash in the late 1990s criticising the Bank of Japan. He argued that the Japanese situation

[This is the third in a series looking at the February employment report: here are links back to the first

I am a big fan of Mark the graph’s blogs (both his election blog and his currently ‘paused’ economics blog).

The April RBA decision was another pause at 3% (last move -25bps to 3% in Dec’12). This was well anticipated

Today’s April RBA meeting is not of much interest for the decision itself. Futures markets imply a 9% probability of

There have been many false dawns in the US recovery, but — at risk of calling the next one —

If you only know one thing about the labour market report, it is probably that the unemployment rate has been

I’ve been trying to find the time to write about that February jobs report. Trying, because this was an important

After a period of calm, Eurogeddon is back. The current form is a Cyprus headache. While it is a surprise