May links
Posts and papers that I have read and used in my own blogposts in May. Deposit insurance and lender of last resort Lessons from the Northern Rock failure - Cass Business School Bank runs, deposit insurance & liquidity - Diamond & Dyvbig UK UK trade balance charts - Reuters The truth about welfare - Ian Mulheirn How Mervyn King lost the battle of Britain's banks - Simon Nixon trashes Mervyn King Europe ECB assessment of Eurosystem staff macro projections ECB: Target balances and monetary policy operations (very good paper) Pew Report: The new sick man of Europe http://www.pewglobal.org By the law of noncontradiction - Ashok Rao: World Sub-Saharan Africa winning the world easy money sweepstakes - Simone Foxman (Quartz) IMF report on sub-Saharan Africa Debt sustainability in emerging markets IMF's "we got it wrong" on sovereign debt restructuring . Painful! Mismeasuring Poverty - ProSyn Reuters on the FX effects of QE....