Archive for February 21st, 2012

Economics of Family Life/Lovenomics 101

February 21, 2012

A superb profile of Justin Wolfers and Betsey Stevenson, the power economics couple who also do a lot of research on issues related to couples – love, marriage, divorce, children etc.

Here is an Economics 101 on basic principles of Lovenomics. Just love the explanation on why not to marry….:-)

A very light reading with interesting application of economics to human life….

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European crisis – lessons from Latin America??!!

February 21, 2012

Well we are in interesting times for sure. If developed economies need to get lessons from Latin American economies on crisis management, the world has indeed changed. Barring some concerns from Argentina, most of LatAm has stood pretty strong in this crisis.

Guillermo Ortiz (ex-Governor of Bank of Mexico and now Chairman, Grupo Financiero Banorte) gives this interesting speech on the topic.

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Christy Romer picks books to read on Great Depression…

February 21, 2012

A superb interview of Christina Romer on the topic.

She picks 5 books/paper to read on Great Depression:

  • A Monetary History of the United States, 1867-1960 By Milton Friedman and Anna Schwartz (on how decline in aggregate demand  was the main reason behind the crisis)
  • Golden Fetters By Barry Eichengreen (on how the depression became internatuional event via the gold standard system)
  • Essays on the Great Depression By Ben Bernanke (explaining the non-monetary factors for the depression i.e. how the collapse of banking system made the depression so prolonged)
  • America’s Greatest Depression By Lester Chandler (gives details on policies framed during depression)
  • The End of One Big Deflation by Peter Temin and Barry Wigmore (on how the event added – it was basically because of strong monetary response which ended the depression – quitting gold standard etc)

She was in a dilemma over whether to pick Friedman’s treatise or Keynes’ tome:

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Internship at Central Statistical Organisation 2012-13

February 21, 2012

CSO  announced its internship program for the year 2012-13.

CSO plans to take around 210 students this year in various stats related fields.

The Central Statistics Office in the Ministry of Statistics and Programme Implementation announces the scheme of summer internship for post-graduate/research students of recognized universities/institutes during 2012-13. A total number of 210 interns are proposed to be selected during the year i.e. 2012-13. The broad fields/disciplines for interns include National Accounts, Economic Statistics (Including Index Numbers), Social Statistics, Field Surveys, Price Statistics, Official Statistical System and Software Development. The aim and scope, eligibility, duration, expected output from interns; remuneration and procedure for selection etc. are given in the enclosed scheme for internship. Interested and eligible candidates may send their applications in the prescribed format to concerned Officers as per the details given in the enclosed scheme document

Pass on the information to  interested students…


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