World Bank’s corporate board determines flow of funds
I came across this interesting paper by Harvard Law School student Ashwin Kaja and HBS professor Eric Werker. The paper says that countries that serve on Banks’ board lead to more funding for their...
View ArticleFischer Black Prize – a victim of this crisis?
Today (24 April 2009) AEA would award the John Bates Clark Medal. It is given to the most budding American Economist under age of 40. WSJ Blog has a list of probable candidates (two of them have done...
View ArticleHistory of development of US financial system
Richard Sylla of NYU is a professor in History of Financial Institutions and Markets. I came across this paper which discusses how US financial system developed. It highlights the role Alexander...
View ArticleIndia FinMin India Rupee Symbol Design Contest
I had posted about this contest from India’s Finmin. The contest is to design a symbol for Indian rupee. I have been getting a lot of comments on this post and some excellent designs. The interested...
View ArticleA hearing on Too Big to fail
Joint Economic Committee scheduled a hearing on Too Big to Fail. It has testmonies from Thomas Hoenig, Joseph Stiglitz and Simon Johnson. All are a must read. Hoenig has become the person to read for...
View ArticleTime for some more Japan lessons
Bank of Japan Governor has given an excellent speechsummarising the lessons from the Japanese crisis of 90s and compares it with US crisis now. He does not like the term the lost decade as the...
View ArticleEmmanuel Saez gets Clark Medal for 2009
Though, I am really late on this but still am posting on it. As I had pointed earlier Clark Medal was to be announced on last Friday. Emmanuel Saez of UC Berkeley as expected has got the award. His...
View ArticleA peek into eco research at Indian Ivy Leagues/ Think tanks
I have noted there is a lot of research flowing from educational institutions/ think-tanks on impact of crisis on their respective economies. In US, UK etc there is simply an overdose and I keep...
View ArticleWould crisis have been mitigated if Yuan was free float?
Dr. Rakesh Mohan, Deputy Governor of RBI in his recent speech says (a nice ppt as well): It would be interesting to explore the outcome had the exchange rate policies in China and other EMEs been more...
View ArticleRelation between money and GDP growth?
Well you often come across research between money and inflation (lately on whether money matters at all for inflation or not). Here is a short noteby St Lois Fed economist Yi Wen who looks at the...
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