Economics
Bank of Canada Review (Winter)
Winter edition of bulletin contains articles on inflation persistence, capital flows in emerging markets and the accessibility of banknotes
Bayesian reasoning in boom-bust cycles
Bank of Japan paper finds that investors cause inflations and deflations in asset prices when they base decisions on past experience of the market
Ireland’s Honohan pushes for wage cuts
Irish central bank governor says cuts necessary to reverse unemployment rise
Real-estate poses threat to recovery: Minneapolis Fed’s Kocherlakota
Minneapolis Fed president Narayana Kocherlakota echoes recent comments from other regional Fed leaders in his first speech, says recovery will be slow
Corporate bond activity booming in Singapore: MAS executive director
Monetary Authority of Singapore executive director Kola Luu says the island is considered a gateway to major markets in South and East Asia
Living standards and the wealth of nations: successes and failures in real convergence.
Edited by Leszek Balcerowicz and Stanley Fischer. MIT Press, 2006.