I was reading this interesting paper by Robert Hall. Econs call 1990-91 and 2001 US recessions as modern recessions. What is a modern recession?
Archive for July 13th, 2010
Modern recessions vs Older recessions
July 13, 2010IIP Update: May 2010
July 13, 2010IIP for May 2010 was at 11.5% (y-o-y). It was much lower than market expectations of around 16% (various newswire agencies). The figure for April was revised lower from 17.6% to 16.5%.
Assorted Links
July 13, 2010- ECB and its Watchers XII Conference
- JRV points to some econometrics analysis from the recent RBI Currency and Finance report
- Gulzar points Economy and football – contrasting images of Spain
- Cowen points to charts showing economy going down again
- Krugman says ECB monetary policy is One Size Fits One; Also read this post where he explains we are giving Fed more credit than it deserves
- PSD Blog points to a paper which looks at the impact of the crisis on development thinking
- Chinn on measuring the trilemma
Mostly Economics 
