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Monday, June 19, 2006

"Many central bankers view discussion of the monetary base with about the same enthusiasm as I would have for the propsect of being locked in a telephone booth with someone who had a bad cold, or some other infectious disease." - McCallum, 1999:8

I find the same way about this textbook.

Wth is this 3D empirical yield curve?! I suspect more than half the book is not only not in the syllabus but of a level far beyond what the syllabus requires.

Damnit, they need to get an American textbook for this module. It's hard enough already as it is.
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