Archive for November 18th, 2010

Has the Fed Been a Failure?

November 18, 2010

Is the title of this food for thought post by Tyler Cowen. Cowen points to few papers on the topic. All look like a decent read.

What a turn around for Fed. Just till 2009, it was how successful Fed has been. And now the question of whether Fed has been a failure ?

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Financial Crisis Inquiry Commission postpones final report – Republican members dissent

November 18, 2010

I don’t know what to make of this interesting story.

Financial Crisis Inquiry Commission (FCIC) was to submit its report on the crisis on 15 Dec 2010. Y’day FCIC released a press release saying the report would now be released in January 2011.

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Indian Economy – Fortnightly Update

November 18, 2010

The latest issue has been uploaded. Includes discussion on IIP, WPI Inflation and export data.

Why does economy fall to pieces after a financial crisis

November 18, 2010

This is the title of a new paper by Robert Hall in the latest issue of Journal of Economic Perspectives.

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White Papers for Future Research in the Social, Behavioral & Economic Sciences

November 18, 2010

I came across this superb link where you have white papers from top economists on future of economic research (HT Market Design Blog).

The National Science Foundation sent out a Dear Colleague letter requesting white papers on grand challenges in the social and behavioral sciences. The Directorate for the Social, Behavioral, and Economic Sciences of the National Science Foundation (NSF/SBE) will use these white papers “to frame innovative research for the year 2020 and beyond that enhances fundamental knowledge and benefits society in many ways. This request is part of a process that will help NSF/SBE make plans to support future research.” The Dear Colleague letter is available here. Advance copies of some of the papers were also sent to the AEACGR and are available below.

So you have white papers from Acemoglu, Poterba, Rodrik, Duflo, Alesina, Diamond etc. The topics are also highly diverse – development economics, macroeconomics, environment economics, market design etc. You name it and you have it here.

On each, there are neat 4-5 pager papers on what to expect from econ research in their fields in future and what are the challenges?

I have started reading them…..will post on them if I find anything interesting. Superb resource.


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