Growth Forecast Errors and Fiscal Multipliers

The longer-form working paper version of the IMF study by Blanchard and Leigh is now available here, which includes new material that responds to various criticisms of the original box in the WEO.

Data set here.

December Exchequer Statement

3-1-2013 Final Exchequer Statement – December 2012
3-1-2013 Appendix 1 – End December 2012 Tax Receipts
3-1-2013 Appendix 11 – End December 2012 Net Voted Expenditure
3-1-2013 Alternative end-December 2012 Exchequer Returns Presentation
3-1-2013 End-December 2012 Exchequer Return Slides

Reinhart and Rogoff: “Shifting Mandates: The Federal Reserve’s First Centennial”

New paper here.

AEA Annual Meetings

The largest annual economics conference takes place this weekend in San Diego – programme (with links to many papers) is here.

Used to Hardship, Latvia Accepts Austerity, and Its Pain Eases

NYT article here.