debt – ricardian ambivalence

Another view on the credit crunch

The Sumner stuff on per-capita measures of nominal income growth made me wonder if it made more sense to think

The BIS has just published a paper which traces the main path through which QE works to stimulate the economy.

There was a bit of confusion about the path of debt subject to the legislative ceiling of AUD300bn following the

The other part of the Treasury Structural budget estimates working paper is the PBO study — both were published on 22

The Australian Treasury has released new structural budget deficit estimates, updating my favourite bulletin article (MacDonald &c.) of the last

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

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

Pity the fool that takes on Jim Hamilton. Jim had the good grace to publish Robert Pollin and Michael Ash’s