These are now out. The general government balance for 2009 is now projected at minus 12 percent of GDP.
The CSO has released a multivariate analysis of the 2007 National Employment Survey which shows broadly similar results to the recent ESRI study (which used data from the 2003 and 2006 surveys). I imagine that next week’s ESRI seminar should stimulate some interesting debate on this important topic.
The trend continues, with the distinguished macroeconomist Narayana Kocherlakota (Nair-ah-yah-nah Koach-er-lah-ko-tah) appointed as President of the Minneapolis Fed. The press release is here.
He recently made a very interesting recent contribution to the debate on macroeconomics research – but his note seems to have been ‘delinked’ since the announcement of his appointment.
Organised by the University Philosophical Society at TCD, Hernando de Soto will give a talk on his book (The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else) and there’ll be a short Q & A afterwards.
Time: 12.30-2 on Monday October 19th
Venue: Ed Burke Theatre, Arts Block, TCD
SPEs have been much discussed in the context of the global financial crisis: the BIS has just released a comprehensive new report on this topic.