Could be the greatest game in the history of college football, says Matt Zemek.
Author Archives: James_Hamilton
What will the Fed do next?
Probably nothing.
WIN buttons and Arthur Burns
I normally find myself agreeing with Dave Altig’s high-quality analysis over at Macroblog. But I’m afraid I have to leave Dave all alone in his latest quixotic mission to defend Arthur Burns (Chair of the Federal Reserve during the great inflationary episode from 1970 to 1978) and Gerald Ford’s old WIN buttons.
Encouraging numbers for new home sales
The Census Bureau today reported that new home sales were 3.4% higher in November relative to October, on a seasonally adjusted basis.
Blood, oil, and ideology
Mark Thoma and
Two Angry
Bears
call attention to this post
from Christopher Hayes.
The term premium and reduced volatility
I earlier discussed the role that foreign government purchases of U.S. Treasury securities may have played in reducing long-term bond yields. A study by Fed researchers Glenn Rudebusch, Eric Swanson, and
Tao Wu that is soon to appear in
Monetary and Economic Studies explores an alternative explanation based on reduced volatility of underlying macroeconomic and financial fundamentals.
Glimmers of hope in new housing numbers
Last month’s surprisingly bad numbers for housing are now followed by some mixed good cheer from the Census Bureau and the National Association of Home Builders.
Additional thoughts on Iraq
Shivaji Sondhi and Michael Cook, who direct the Project on Oil, Energy and the Middle East at the Princeton Institute of International and Regional Studies, offer these additional thoughts for the cross-blog discussion on Iraq as a follow-up to their original contribution.
Blogging colloquium on Iraq
Dave Schuler and his Glittering Eye have called for a cross-blog discussion on options and prospects for Iraq. I’m glad to contribute with some thoughts on the economic situation, and invite you to participate as well, with comments left here or at any of the other participating sites.
2006 and the Econbrowser crystal ball
This seems like a good time to review some of the occasions over the last year when I’ve been brave (or foolish) enough to make a specific quantitative prediction.