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I hate one chart posts. No that was too weak, I despise single chart posts. But given that I am under the thumb of greater forces than myself (my thesis, my job) I have decided to do one. So what is this chart that tells us about the NZ labour market recovery? It is actually […]
It is received wisdom that Auckland has had a housing “shortage” for a prolonged period of time due to insufficient supply. However, on the face of it this is a bit strange as: Residential investment: Yes building rates have been low during the past 7 years, but the value of residential investment in the prior […]
Labour has put a bunch of thought into its discussion on monetary policy – and there is certainly nothing wrong with discussing the issues and putting out a policy document, in fact there is a lot right with that. Furthermore, over their entire document they recognise this is a multi-faceted issue we need to be careful […]
Although I no longer have the time to keep up with the literature on financial stability policy (and so am not commenting on it – this is due to my switch to detail income data analysis), I still spend a bunch of time looking at the national economy and monetary policy. I see that a […]
Via Mark Thoma, I spotted this piece in the Washington Post about the US Fed’s mandate. I disagree with this piece. But, it is well laid out and argued – which makes it a good piece! So let us go through the reason why I take issue:
Via Matt, the topic of Social Capital (SC) was recently raised, with some emphasis placed on recognising its oft-ignored “dark side”. Now, I am by no means an authoritative voice on SC, but I have done a bit of work in the past looking into specific Microfinance Institutions (MFI’s) who employ an SC based approach […]