RUDI'S BLOG

Why Christopher Sims won the Nobel Prize?

Rudi — Tue, 29 Nov 2011 02:18:09 +0000

In October 2011, Christopher Sims of Princeton University shared the Nobel Prize for economics with Thomas Sargent of New York University “for their empirical research on cause and effect in the macroeconomy”. This column by one of Professor Sims’ former students – now a distinguished professor – discusses the importance of his work.

Why Christopher Sims won the Nobel Prize?

Filed under: Monetary Policy

FISCAL POLICY AND PUBLIC DEBT DYNAMICS IN INDONESIA

Rudi — Tue, 29 Nov 2011 01:36:52 +0000

This paper investigates the sustainability of the Indonesian fiscal policy by examining the responses of the government primary balance to variations of the debt-to-GDP ratio. Using quarterly data from 1998:1 to 2010:4 the results have indicated that the government primary balance has systematically responded to changes in the debt-to-GDP ratio, suggesting that the fiscal policy can be considered sustainable during the period of analysis.(Rudi Kurniawan).

Filed under: Monetary Policy

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2011

Rudi — Wed, 12 Oct 2011 11:57:12 +0000

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2011 was awarded jointly to Thomas J. Sargent and Christopher A. Sims “for their empirical research on cause and effect in the macroeconomy”

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2011

Filed under: Monetary Policy

Mr Keynes and the moderns

Rudi — Tue, 21 Jun 2011 04:32:30 +0000

Mr Keynes and the moderns

Keynes’ General Theory is 75 years old. In this column, Paul Krugman argues that many of its insights and lessons are still relevant today, but many have been forgotten. A broad swath of macroeconomists and policymakers are applying old fallacies to today’s crisis. As the nostrums being applied by the “pain caucus” are visibly failing, Keynesian ideas may yet make a comeback.

Filed under: Monetary Policy

Understanding Public debt Limit

Rudi — Thu, 19 May 2011 09:42:33 +0000

Learning issues on public debt limit from the case of US:

Filed under: Macroeconomic Tagged: Public debt limit

Gustav Mahler: in memoriam

Rudi — Wed, 18 May 2011 03:37:49 +0000

On this day in 1911, late in the evening, Gustav Mahler died. So this is the 100th anniversary of his death. Let’s appreciate this: Mahler’s Symphony No 5, 4th movement.

Filed under: Classical Music (Loveable)

Claire de Lune (Debussy)

Rudi — Tue, 17 May 2011 13:58:53 +0000

Click here: Claire de Lune (Debussy) on guitar by John Williams & Julian Bream. A very beautiful interpretation!

Filed under: Classical Music (Loveable)