BoJ: What Drives China’s Growth? Evidence from Micro-level Data

05th December, 2018

The linked Bank of Japan research paper discusses the sustainability of China’s rapid growth mainly based on the estimation of the corporate-level total factor productivity of Chinese listed firms.

External Link: http://www.boj.or.jp/en/research/wps_rev/wps_2018/wp18e19.htm/

The Great Telegraph Breakthrough of 1866

08th November, 2018

“The transatlantic telegraph cable amounted to the information revolution of the day, tying global markets together in unprecedented ways.”

External Link: https://www.richmondfed.org/publications/research/econ_focus/2018/q2/economic_history?platform=hootsuite

RBA Speech: The Evolving Australian Labour Market

07th November, 2018

“The long-running trend towards more flexible work and the implications it might have for a monetary policymaker”.

External Link: https://www.rba.gov.au/speeches/2018/sp-so-2018-10-05.html

Planet Money – Episode 864: The Central (Bankers’) Question

07th November, 2018

“It used to be central bankers had a powerful lever to guide the pace of the economy: The ability to raise or lower interest rates…But lately, the lever hasn’t been behaving like the textbooks say it should.”

External Link: https://www.npr.org/sections/money/2018/09/14/647979229/episode-864-the-central-bankers-question?utm_term=nprnews&utm_content=bufferef794&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

RBA: Does it pay to study economics?

08th October, 2018

The RBA has written an interesting analysis on the economics of studying economics.

External Link: https://www.rba.gov.au/publications/bulletin/2018/sep/does-it-pay-to-study-economics.html

Older workers account for most of the US job growth since 2000

24th September, 2018

Blog article from the St. Louis Fed shows the composition of US job growth since 2000, with almost all of the growth since 2000 attributable to people over the age of 55.

External Link: https://www.stlouisfed.org/on-the-economy/2018/september/staff-pick-older-workers-account-almost-all-job-growth-2000?utm_source=BlogList&utm_medium=Email&utm_campaign=BlogAlert

The spectacular power of Big Lens

24th September, 2018

A long article but it provides an interesting insight into the eyewear industry and the two dominant companies within it that are in the process of merging.

Essilor is a prescription lens business that manufactures a large share of the worlds prescription lenses and Luxottica is known by many consumers through its retail brand Sunglass Hut.

External Link: https://www.theguardian.com/news/2018/may/10/the-invisible-power-of-big-glasses-eyewear-industry-essilor-luxottica

St Louis Fed: How Did South Korea’s Economy Develop So Quickly?

30th July, 2018

A look at how the South Korean economy industrialised, taking it from an agriculture-based economy in the 1960’s to become the 11th largest economy in the world in terms of gross domestic product (GDP) in 2016.

External Link: https://www.stlouisfed.org/on-the-economy/2018/july/staff-pick-how-south-korea-economy-develop-quickly?utm_source=BlogList&utm_medium=Email&utm_campaign=BlogAlert

St Louis Fed: US New Car Buyers Hold Cars Longer

06th June, 2018

Since the last recession new car buyers have held their cars longer, increasing the average vehicle age from 5.5 in 2005 to 6.8 to 2012.

External Link: https://www.stlouisfed.org/on-the-economy/2018/may/great-recession-effect-new-car-buyers-hold-cars-longer?utm_source=BlogList&utm_medium=Email&utm_campaign=BlogAlert

IMF Working Paper: Australia’s Linkages with China

24th May, 2018

China and Australia have increasingly strong links, especially through trade. These links are influenced by China’s transition to a services-driven, consumer-led economy. Three risks (both upside and downside) to China during this transition process are considered, focusing on their spillovers to Australia.

External Link: http://www.imf.org/en/Publications/WP/Issues/2018/05/22/Australia-s-Linkages-with-China-Prospects-and-Ramifications-of-China-s-Economic-Transition-45846?cid=em-COM-123-37107