Author: Philip Lane

NYT Profile of Sargent and Sims

The NYT has an interesting profile of the 2011 Nobel prizewinners here.

Budget 2012: White Paper on Receipts and Expenditures

This pre-budget document is here.

Fixing Financial Crises – Lessons from the Asian and Global Financial Crises

Andrew Sheng will address this topic at the IIEA next Monday – details here.

Coordinated central bank action 
to address pressures in global money markets

The joint statement is here.

Solving the Fiscal Crisis Via Limiting Government Commitments

Ludger Schuknecht has a long track record in writing on public finance (in the mid-2000s, he was prominent in highlighting the windfall nature of revenues associated with real estate booms).  He is now with the German Ministry of Finance and this paper outlines one approach to solving the fiscal crisis.