Bond yields are an important economic indicator for investors, even those who don’t invest in bonds.
Reading
This election will be won by the Coalition and Prime Minister Scott Morrison if the economic models perform as expected – and they usually do.
A model refined in 2000 by then Melbourne University economists Lisa Cameron and Mark Crosby found that most federal election results in records going back to 1901 can be predicted pretty well by just two economic indicators.
And they are not the indicators that might be expected.
Canada’s 2022 federal budget had a very strong housing focus. I’ve written a ‘top 10’ overview of the budget here: https://nickfalvo.ca/canadas-2022-federal-budget-was-a-housing-budget/
Clinging to the assumption that only dictatorships start military conflicts, proponents of democratization believed that the global success of their project would usher in a world without war. But this theory lacks a sound foundation and has produced one disaster after another when put into practice.
As always, if you enjoy this work, please consider helping me keep it sustainable by joining my weekly newsletter, Sparky’s List!
Since 2018 Russia has had an alternative payment clause in its Eurobond contracts that allows it to pay principal and interest in Roubles
A first look at Doctor Who’s feature-length Centenary special, and Jodie Whittaker’s final episode, has revealed the return of the Doctor’s biggest adversary – The Master (Sacha Dhawan), who last appeared in series 12’s final episode The Timeless Children.
And for the first time since the show returned to BBC One in 2005, The Master, the Daleks and the Cybermen will all feature in one single story.
Ever find yourself lapsing into lines from a Beatles film or song in the course of everyday conversation? Turning up the radio for a particular bit of harmony? Almost 28 years ago, Bill King and Al Sussman (with a hand … Continue reading
Fans of this website will perhaps remember a certain house from the “worst of suburban Illinois” post. I’m here to alert you to the fact that the interior of said house may in fact be the pinnacle of what has been dubbed by my colleague Cocaine Decor as “Cocaine Decor.” This 1990 house has lived rent free in my brain for a while, and now it will live rent free in all of yours. It sits at $1.1 million USD and precisely 10,000 square feet, each of which exists in ignorance of the Light of God.
Remember her? I wish I didn’t. Anyway.
Starting from the seminal works of Wynne Godley (1999; Godley and Lavoie 2005, 2007a, 2007b), the literature adopting stock-flow consistent (SFC) models for two or more countries has been flourishing, showing that consistently taking into account real and financial markets of two open economies will generate different results with respect to more traditional open economy models. However, few contributions, if any, have modeled two regions in the same country, and our paper aims at filling this gap.
Array
The post The Case Against Homework appeared first on Alfie Kohn.
I guess it’s appropriate that we can’t agree on what the brain worms metaphor’s original vehicle actually is. In his description of the Internet culture term, Max Read claims, reasonably, that the originals are maybe like tapeworms or toxoplasma. But I always think about the Ceti Eel in Wrath of Khan (but then, I’m always thinking of Wrath of Khan, especially, these […]
"Only Murders In The Building" has been nominated for a Peabody Award. The 30 winners of the 82nd annual Peabody Awards will be named during a multi-day virtual celebration from June 6 - June 9.
From parenting pauses to television show tweeting, three economists talked about how interests outside a particular focus helped with their careers.
When Labor leader Anthony Albanese couldn’t say whether the unemployment rate was 5% or 4% on Monday, he might have had a point.
It’s 4%. But for a decade – the entire decade leading up to COVID – it never strayed too far from five-point-something per cent.
Melbourne University labour market specialist Jeff Borland points out that in March 2010, Australia’s unemployment rate was 5.4%. Ten years later, before COVID changed things in March 2020, it was 5.3%.
Roughly two years into the economic recovery from the COVID-19 crisis, the topic of elevated inflation dominates the economic policy discourse in the United States. And the aggressive use of fiscal policy to support demand and incomes has commonly been singled out as the culprit.
I’m writing an open access e-textbook on homelessness. Each chapter will be uploaded to my website as it becomes available. I’ve just finished Chapter 1 titled “What causes homelessness?” A ‘top 10’ overview of Chapter 1 is available here (in English): https://nickfalvo.ca/what-causes-homelessness/ An ‘top 10’ overview in French is available here: https://nickfalvo.ca/quest-ce-qui-cause-litinerance/ The full chapter is available here (English only): https://nickfalvo.ca/wp-content/uploads/2022/04/Falvo-Chapter-1-What-causes-homelessness-4apr2022.pdf
Many thanks for all the kind comments last week! And as always, if you enjoy this work, please consider helping me keep it sustainable by joining my weekly newsletter, Sparky’s List!
Offered a menu of issues to choose from as the most important in the May 21 election, Australia’s top economists have overwhelmingly zeroed in on one.
Three quarters of the 50 top economists surveyed by The Conversation and the Economic Society of Australia have nominated “climate and the environment” as the most important issue for the incoming government and the most important in the election.
The 74% who nominated climate and the environment is more than twice the proportion that nominated the four substantial runners up: housing availability and affordability, health, tax reform, and education.
The latest edition of our magazine TARDIS is now available to buy from the DWAS Online Shop - just click the link above to buy.
We celebrate the Second Doctor, Patrick Troughton, and 55 years of the Yeti in issue 4 of Tardis, published in aid of The Multiple Sclerosis Society.
Do unskilled people actually underestimate their incompetence?
The post The Dunning-Kruger Effect is Autocorrelation appeared first on Economics from the Top Down.