April 10, 2008

Whither Mankiw's online teaching resources?

Has any instructor other than me found that the Mankiw website is impossible to navigate? This makes the promised instructional resources impossible to find and integrate into one's course.

I'm discouraged.

April 08, 2008

ECO 2040: Exporting inflation

Asian Inflation Begins to Sting U.S. Shoppers:

The free ride for American consumers is ending. For two generations, Americans have imported goods produced ever more cheaply from a succession of low-wage countries — first Japan and Korea, then China, and now increasingly places like Vietnam and India.

But mounting inflation in the developing world, especially Asia, is threatening that arrangement, and not just in China, where rising energy and labor costs have already made exports to the United States more expensive, but in the lower-cost alternatives to China, too.

Continue reading "ECO 2040: Exporting inflation" »

March 21, 2008

TSLF, AAA, RMBs, CMOs and CMBs

From Real Time Economics (New York Fed Unveils TSLF Terms):

The Federal Reserve Bank of New York announced the terms of its first Treasury swap auction set for March 27, indicating that it will offer $75 billion in government securities to the primary dealer banks and modifying the type of collateral it will accept in return.

The Term Securities Lending Facility, announced in early March, is an extension of an already existing facility at the New York Fed. Under the extended facility, primary dealers not only can offer a broader range of collateral against Treasury securities, they can also borrow for a longer term — 28 days versus overnight.

In total, the New York Fed has been authorized to lend up to $200 billion of Treasury securities through TSLF auctions. TSLF, the Fed’s latest tool to help revive strained financial markets, was created last week and will supply banks with scarce Treasury securities in exchange for less-liquid securities.

Market participants hope the new tool with help to ease conditions in strained securities repurchase markets and curb investors’ mad dash for cash. ...

February 05, 2008

ECO 2040: Spring exam dates

  • Monday, February 18
  • Monday, March 31

ECO 2040: Sleep study opportunity

From the DoE webpage:

Dr. David Dickinson and Dr. Todd McElroy are screening potential subjects for research studies in the general area of sleep and decisions. This screening requires you to provide certain demographic information. If you are selected, you become eligible for participation in future cash-compensated research experiments. Please note that you must complete the entire questionnaire to be eligible for selection. The estimated time to complete this questionnaire is about 6 minutes. Completion of this questionnaire does not guarantee your selection and participation in a future experiment, it only provides the researchers authorization to place your e-mail address in a recruitment pool for future consideration. If selected, you will be contacted at a future date.

More information from Dr. Dickinson:

The survey should only take 5-6 minutes, so it is really short, but subjects who do this online survey become eligible for recruitment for some cash compensated experiments I’m starting to do this semester.  In other words, just registering with the online lab recruitment system does NOT make them eligible for these experiments I’m doing, so students will hopefully take a few minutes to click both links.  Additionally, you can highlight that there will be a drawing at the end of the semester for a prize of $100 worth of educational supplies.  So, 6 minutes of their time puts them into a drawing for $100 of educational supplies and, more importantly, makes them eligible to recruitment to some cash-compensated experiments for which doing this survey is a prerequisite.

April 2008

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