Prof Joseph Stiglitz chips into the debate over state of macro.
Archive for September 30th, 2014
Reconstructing macro theory to manage maco policy
September 30, 2014India’s food inflation and linkages with overall inflation trends
September 30, 2014Rahul Anand, Ding Ding and Volodymyr Tulin write on the topic.
They say food inflation cannot be ignored as it has wider linkages with overall inflation:
Why US yields trending lower despite Fed intending to exit?
September 30, 2014These are the recent trends in US treasury yields:
- US 10 Year started the year at 3% and is currently at 2.5%.
- 30 year at 3.92% and currently at 3.18%.
- 5 year is steady starting at 1.72% and currently at 1.77%.
Jérémie Cohen-Setton of Bruegel Blog wonders why is this happening? As Fed is expected to go off the stimulus, the yields should actually be rising. We are staring at the same problem as seen in 2005 called Greenspan conundrum (then most macro things were named after him).
Choosing between Apple iPhone 6 and iPhone 6 plus..insights from beh eco
September 30, 2014Cass Sunstein points to this really interesting insights from the field he knows best – behavioral economics.
He says people make different choices when buying a product standalone vs buying it in combination:
Mostly Economics 
