Archive for November 1st, 2012

Ireland vs Neveda: Importance of Banking Union

November 1, 2012

A different take on Eurorea nations vs US  States by Daniel Gros.

This one looks at lack of banking union in Euroarea.

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How should macroeconomics be taught to undergraduates in the post-crisis era?

November 1, 2012

Wendy Carlin and David Soskice reflect on the voxeu debate.

The duo have written a macro text-book which they are updating to help make macro more realistic to students.

They say new textbooks have come post-crisis, but not satisfactory:

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Fiscal Implications of coalition governments in Indian Economy

November 1, 2012

A nice paper by Prof. Mala Lalvani of Mumbai Univ.

She looks at how coalition governments have impacted the fiscal accounts of the government. They manage to increase capital expenditure but unable  to curb revenue expenditures:

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