Presentation on macro data sources.
StatBank: The CSO’s main database.
Irish Housing Statistics from the Dept. of the Environment.
National Account Data for EU Countries: AMECO Database.
Cross-country and and cross-sector data for Europe: The EU KLEMS Project.
US National Accounts data from the Bureau of Economic Analysis.
US macro and financial data (and some international data) from the St. Louis Fed’s FRED. Good for charts.
IMF World Economic Outlook database
Cross-Country PPP-comparable data from the Penn World Table.
US financial data from the Federal Reserve Board.
The ECB’s Statistical Data Warehouse.
US stock market data from Robert Shiller.
Ken French‘s data on returns for various types of stock portfolios.
Data from the World Bank on health, development, finance and other things.
Data from the World Bank Project: “Doing Business“.
Developmentdata.org: A fantastic collection of all sorts of cross-country information and other development data.
I haven’t been as euphoric as some commentators about Ireland’s prospects of getting a “seismic” “game-changing” deal on bank-related debt. Still, even my relatively mild hopes have been dashed a bit by this evening’s statement by the German, Dutch and Finnish finance ministers. Thoughts here.
Newspaper reports today suggest that greater moves towards an EU fiscal union, in the form of an expanded EU budget that could perhaps partially fund unemployment benefits in member states, are being considered. This is a further sign that Europe is going through a period of historic change. Thoughts on the benefits and problems associated with these proposals are here.
I have been sensing over the past few weeks that markets have been so enthusiastic about Mario Draghi’s bond-buying plans that they have forgotten about the longer-term structural problems facing the euro. Some thoughts on this here.
An updated version of my promissory note paper is now available. Details here.
I think the “sectoral balances” viewpoint of the macroeconomy, which emphasises that income equals spending, is hugely important for understanding what is going on in today’s global economy. However, an article today by Joe Weisenthal that appeals to this framework to pin the blame for the global financial crisis on Bill Clinton, struck me as incorrect. My response here.
The heat seems to increasing on the ECB to release the secret letter to Ireland. In a rare public interview (with CNN) Jean-Claude Trichet was asked whether the letter should be released. His answer: Non! My comments here.
Asset and Liabilities of US Banks. From the Federal Reserve.
Statistical Data Warehouse. From the ECB.
FRED. The St. Louis Fed. Very good for charts.
The EONIA rate (European Overnight Interest Average)
Volume of overnight unsecured lending in the Euro area.
The ECB’s Balance Sheet.
The Fed’s Balance Sheet (Factors Supplying Funds is Assets, Factors Absorbing Funds is Liabilities)
Selected Interest Rates from the Federal Reserve.
Economics Blogs That Sometimes Cover Issues Related to this Course
FT Alphaville. Detailed coverage of financial news stories.
Felix Salmon. Reuters blog on financial issues.
Economist’s View. Academic Mark Thoma from Oregon offers views and links to articles on the US economy.
Calculated Risk. An excellent site for US economic news, with a particular focus on housing.
Paul Krugman. Thoughts on macro from a Nobel prize winner. Best accessed via Twitter or you’ll run into the New York Times’s 10 articles per month limit.
Econbrowser. US macroeconomic commentary from academics Menzie Chinn and Jim Hamilton.
Mainly Macro. A thoughtful UK-oriented blog from Simon-Wren Lewis of Oxford
Monetary Dialogue with the ECB. Not a blog but lots of papers by leading European economists on monetary policy issues.