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I always enjoy reading your posts and I look forward to your next one.
Re-uniting development economics
Development economics is split between macro- and micro-development economists. The former focus on economic growth and tend to analyze economy-wide policies such as trade, fiscal, and currency policies. Think Anne Krueger, Jeff Sachs, Bill Easterly, Paul Collier. The latter focus on individu...
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I always enjoy reading your posts and I look forward to your next one.
A short-term remedy for unemployment in South Africa
South Africa has been in the news lately, for unpleasant reasons: mob attacks against black migrant workers from neighboring countries. No doubt the high rate of unemployment among unskilled black South Africans is playing a role in the rising wave of xenophobia. Unemployment in South Africa is...
columbus injury lawyer
I always enjoy reading your posts and I look forward to your next one.
Changes at REStat
The Review of Economics and Statistics, which I edit along with my colleagues Alberto Abadie, Michael Greenstone, and Julio Rotemberg, is undergoing an editorial transition this summer. Julio, who has been the managing editor for the last couple of years, is taking a well-deserved rest, and we ...
columbus injury lawyer
I always enjoy reading your posts and I look forward to your next one.
Where I am not at today
I was supposed to be at this conference, delivering this paper. Alas, a sick child has kept me home, and away from what I was hoping would be a good discussion. It has also saved Bill Easterly--the co-organizer of the conference--an earful on what I think about his latest. But more on that later.
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I always enjoy reading your posts and I look forward to your next one.
Are we having the right discussion about the financial crisis?
by Ricardo Hausmann, guest blogger The discussion about avoiding a repetition of the current financial crisis has centered on the potential role of financial regulation. Hank Paulson announced on March 31 an organizational overhaul of the financial regulatory agencies. This seems more about proc...
columbus injury lawyer
I always enjoy reading your posts and I look forward to your next one.
Soccer, culture, and violence
If you are sick of posts about soccer and economics on this site, read no further. But Ted Miguel at UC Berkeley has sent me an interesting paper of his (co-authored with Sebastián M. Saiegh and Shanker Satyanath) which documents an intriguing empirical fact. Players in European leagues who co...
columbus injury lawyer
I always enjoy reading your posts and I look forward to your next one.
How do you explain the subprime mess to grandma?
Confused about how subprime mortgages, credit rating agencies, monolines, hedge funds, securitization, CDOs, credit default swaps and other derivatives interacted to produce the mess we are in? You are not alone. Here is an account by the Comptroller of the Currency which I found particularly u...
columbus injury lawyer
I always enjoy reading your posts and I look forward to your next one.
Larry Bartels responds
by Larry Bartels, guest blogger Professor Rodrik has kindly invited me to respond to some of the questions and comments generated by his recent post describing my analysis of partisan differences in income growth. I'll briefly address what I take to be the most important points. The relevant cha...
columbus injury lawyer
I always enjoy reading your posts and I look forward to your next one.
Korean chaebol, hedge funds, and double standards
What's the difference between Korean chaebol in the run-up to the Asian financial crisis of 1997-98 and hedge funds today? They were both excessively leveraged, but at least the first generated real economic value, argues Danny Leipziger, the World Bank's VP for Poverty Reduction and Economic M...
columbus injury lawyer
I always enjoy reading your posts and I look forward to your next one.
What's in a trade deal?
Virtually all of Colombia's exports enter the United States tariff-free, a fact that is advertised in the USTR web site to assuage US critics who worry about adverse employment implications in this country. But of course the same fact suggests Colombia is not getting much out of the proposed F...
columbus injury lawyer
I always enjoy reading your posts and I look forward to your next one.
Is "good governance" an end or a means?
And does it matter? Here are the opening paragraphs of my contribution to a panel discussion on governance tomorrow at the World Bank: A deep insight that has emerged out of the disappointments of the Washington Consensus is that successful policy reform is at its core governance reform. Refor...
columbus injury lawyer
I always enjoy reading your posts and I look forward to your next one.
Will Argentina waste a historic opportunity?
Rarely do you see a country where the mood among business people tells such a different story than the statistics. Now, in Argentina there are statistics are then there are damn lies--inflation figures are made up--but the broad contours of the economic performance of the last few years are not...
columbus injury lawyer
I always enjoy reading your posts and I look forward to your next one.
Guns, drugs, and financial innovation
Is there any difference between these, asks my latest column for Project Syndicate. All three provide private benefits (sometimes), but can cause havoc for the rest of us. Why do we approach regulation in each area so differently? (And how does Mark Thoma beat me to it every time, even when it i...
columbus injury lawyer
I always enjoy reading your posts and I look forward to your next one.
Adam Smith, the finance skeptic
Was Adam Smith a finance skeptic? The following passage from the Wealth of Nations, written in connection with a banking collapse in Scotland, suggests so: To restrain private people, it may be said, from receiving in payment the promissory notes of a banker, for any sum whether great or small...
columbus injury lawyer
I always enjoy reading your posts and I look forward to your next one.
The "free trade reduces prices" fallacy, yet again
This time the culprit is Tyler Cowen. In his column for the New York Times today, Cowen argues that freer trade in food commodities such as rice would boost global supplies and help reduce prices. He is probably right about the first, but not about the second. The effect of freer trade on domes...
columbus injury lawyer
I always enjoy reading your posts and I look forward to your next one.
The power of advertising?
Warning: this is a self-indulging post. (I can already hear the retort: "you mean all your others weren't...?") Princeton University Press ran a small ad for my book last Sunday in the New York Times book review. I was curious if it would have any effect on sales, so I ran a little experiment. ...
columbus injury lawyer
I always enjoy reading your posts and I look forward to your next one.
Graduate programs in development
Chris Blattman is one of the first graduates of the MPAID program and now maintains a very interesting blog on development, with special focus on Africa. Following his MPAID, Chris did a Ph.D. in economics at Berkeley and is now on his way to Yale as assistant professor of economics and politica...
columbus injury lawyer
I always enjoy reading your posts and I look forward to your next one.
Nonsensical arguments against capital controls
Every time somebody mentions the term "capital controls" in polite company, as Arvind Subramanian and I did in the FT recently, you get back a barrage of counter-arguments about how crazy the idea is. Policy makers should stay away from policies that try to stem the flow of capital across nation...
Thanks for the information. I know I can always count on your site to keep me up to date.
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Papers on growth diagnostics and binding constraints
I frequently get asked about references to papers that utilize the Growth Diagnostics framework and apply the binding constraints approach. So, at the urging of Roberto Zagha, I have decided to maintain a web page that lists links to some of the better work out there. At the moment, the page is...
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Feb 17, 2011
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