Monthly Archives: July 2006
A new Canadian economics blog
A new blog popped up while I’ve been on vacation: true dough, written by a prolific (averaging about 2 posts a day!), anonymous (so far) woman who is a welcome addition to the still-way-too-small club of Canadian economics bloggers.
The Bank of Canada will not raise interest rates tomorrow
When the Bank raised the overnight rate target by 25 basis points to 4.25% on May 24, it seemed to be for the last time (after seven such raises since last September), barring a significant change in the data: BoC Press release: …[T]he target for the overnight rate is now at a level that is […]
Social choice and optimal inference
One of the highlights of my graduate school years was the lecture where I learned about Arrow’s Impossibility Theorem. It’s hard to imagine an question more important to the social sciences that the social choice problem: how can we aggregate individual preferences into a coherent social order? Arrow’s answer is that we can’t, but that […]
Worthwhile Canadian Initiative 
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