リンク: Angry Bear.Monetary Policy in the Presence of an Outward Shift of the IS CurveDavid Altig takes my post on the fiscal-monetary policy mix (actually David was reading one of my comments to another Angrybear post where I made the sam…

リンク: Ban-Bang-Bangkok! タイ非居住者のバーツ預金に上限.“再び” と言うことですので、以前にもバーツ預金の上限があったようですが、限度額はいくらなのでしょうか？でも、バーツ預金をしている日本人の人には、きにする必要がない高額な上限と思います…

リンク: Greg Mankiw's Blog: Krugman on the Deficit. Paul Krugman's column in the NY Times today is worth reading--even if, naturally, I disagree with a lot of it. (Reprinted by Brad DeLong.) I interpret Paul as being in the left-realpoliti…

リンク: Economist's View: Reich: An Introduction to Economic Populism.Robert Rubin and Rubinomics are popular topics today. While Paul Krugman is advising Democrats to abandon Rubinomics in the post below this one, in this post Robert Reic…

リンク: Economist's View: "Moderating Growth Doesn't Change Inflation. Central Banks Change Inflation.".Is the title, which quotes Richmond Fed President Jeffrey Lacker, correct? Or does moderating economic growth bring down inflation as c…

リンク: Old Boy : Weblog.2012年 (これは京都議定書の期限、でもあるわけですが) までの、米国での「バイオマスエタノール 2,800万Kl」だって、それを米国産のトウモロコシだけで達成しようとすれば、そんなにスムースには行かない。国内の飼料価格が騰がる…

リンク: Forex Blog: PetroDollar peg drives US trade deficit.While the Yuan is currently rising at an annualized rate of 7% against the USD, China continues to earn the brunt of the ire of US politicians, who point to China’s nearly $200 Bi…

リンク: macroblog: How To Characterize Economic Policy In The 90's.A comment made by pgl in one of yesterday's posts at Angry Bear caught my attention:And [why is chairman of Bush's Council of Economic Advisers Ed] Lazear opposed to my sug…

リンク: RGE - With a lag, the financial world notices how rich the oil exporters have become ….Brad Setser | Dec 20, 2006 The Economist did a big feature on petrodollars. Breaking views and a host of financial columnists have hinted that H…

リンク: RGE - Crises of too much v. crises of too little.Brad Setser | Dec 21, 2006 I was not all that impressed by the “day after” coverage of Thailand’s capital controls in the financial press. Everyone initially looked for parallels to …

リンク: RGE - Bretton Woods 2: On its last legs? Or still going strong at the end of 2006?.Brad Setser | Dec 08, 2006Or perhaps a complicated combination of both? That is a question that has popped up over at Martin Wolf’s forum. It is a k…

http://blog.goo.ne.jp/ikedanobuo/e/75d9dfb9546ebc96e0069e9b755bfe5e なかなか反対論が登場しなかった。拝読して大変スッキリします。支持します。きっと多くの欧州諸国では鷹揚に受け入れられるような話題ではないかと思います。

リンク: Angry Bear.Brad Setser joins Steve Kyle on this $225 billion 2006Q3 current account deficit (or as Brad calls it, an annualized $900 billion figure). Actually, if 2006Q4 matches the average of the previous three quarters, we値l be …

リンク: Mish's Global Economic Trend Analysis: Nickels, Copper, Lumber.This post is a continuation of Pennies, Nickels, and Dollars with an additional look at copper and lumber. For those who missed it here is a brief recap:People who melt…

リンク: Mish's Global Economic Trend AMany people asked for a transcript of Contrarian Debate: Janszen vs Mish the discussion between Eric Janszen and myself on housing, a possible recession, and the terminal state of the asset bubble cycl…

リンク: イラン、ドル資産のユーロ建てへの移行を指示−ＡＦＰ通信｜Klug クルーク.本文なし

リンク: Marginal Revolution: Should we be afraid of hedge funds?.Sebastian Mallaby says no; this is the best piece I have seen on the topic. Excerpt:...hedge funds collectively do not so much create risk as absorb it. The funds can be view…

リンク: Eurozone Watch ? The case for political union: OCA revisited.by Daniela SchwarzerAs announced on this blog three weeks ago, Eurozone Watch intends to catch up with the arguments about a stronger political dimension of EMU which hav…

リンク: Greg Mankiw's Blog: Bernanke to China: Stop Saving.Ben Bernanke says the Chinese should stop saving so much:Today, about half of China's GDP is devoted to investment and to producing net exports for the rest of the world, and thus …

リンク: Forex Blog: Commentary: The Inevitable Decline of the USD. For years, economists have been arguing that the USD was vastly overvalued, and a fundamental correction was in order. Last month, their claims were born out, as the bottom…

リンク: WTO chief says large countries signal flexibility?|?International News?|?Reuters.com.MANILA (Reuters) - World Trade Organization (WTO) Chief Pascal Lamy said on Thursday that all leading WTO member states had signaled flexibility f…

リンク: Open Season: Foreign Banks Eye China - BusinessWeek :: China Digital Times (CDT) 中国数字时代.

リンク: People's Daily Online -- Effects of China's macro-regulation visible in five areas.Effects of China's macro-regulation visible in five areas China's economic operations have taken the desired direction following the introduction of…

リンク: China Refuses to Make Commitments on Exchange Rate - Ariana Eunjung Cha :: China Digital Times (CDT) 中国数字时代.

香港に行かれたことのある方にはお馴染みのライオンの図柄の香港ドルは、同行発行のもの。９３年に「香港金融管理局」が設立されるまでは中央銀行の役割を果たすなど、その信用力は邦銀の比ではありません。 83年秋の香港大混乱のころだったらどう表現するの…

リンク: The Impossible Mission of Changing China - Irwin Stelzer :: China Digital Times (CDT) 中国数字时代.

土曜日は非公開の小型国際ワークショップ。無事皆さんに集まっていただいて開催。やはりこの段階で多少無理をしても開いてよかったと思いました。ただ、早朝の六本木駅の雰囲気には驚き。夜も異様な国際的雰囲気？がありますが、土曜日の朝8時前後もかえって…

リンク: RealClearPolitics - Articles - Print Article.The End of Pax Americana? By Robert SamuelsonWASHINGTON -- With hindsight, we may see 2006 as the end of Pax Americana. Ever since World War II, the United States has used its military a…

リンク: Economist's View: Samuelson: Strength is Not Power.Robert Samuelson says the U.S. is still the strongest country in the world, but strength alone does not give a country power. "Power is the ability to get others to do what you wan…

リンク: [R30]: 書評『ヒューマン2.0』、または流動化のための心得集.最初に断っておく。先日出版記念パーティーにお誘いを受けた。久しぶりにお話しがしたい知り合いからのお誘いでもあったので、忘年会も兼ねてと思い、ひょいひょいと顔を出した。上はMSKK…