Alfred Duncan

348 posts

Alfred Duncan

@Alfred_Duncan

Senior Lecturer in Economics at the University of Kent.

Canterbury, UK Katılım Eylül 2013

852 Takip Edilen246 Takipçiler

Alfred Duncan retweetledi

National Institute of Economic and Social Research@NIESRorg·22 Kas

Enjoy *free access* for a limited period to this paper by @EconUniKent's @Alfred_Duncan & @UofGAsbs's Charles Nolan 🔓 They discuss Adam Smith's vision for #banking & try to deduce how he might have approached some current issues in banking regulation🏦👇 hubs.la/Q02Z9sBV0

National Institute of Economic and Social Research tweet media

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Alfred Duncan retweetledi

National Institute of Economic and Social Research@NIESRorg·24 Şub

#Weekend Reading: Enjoy open access to this paper by @EconUniKent's @Alfred_Duncan and @UofGAsbs's Charles Nolan🔓 They discuss Adam Smith's vision for #banking and try to deduce how Smith might have approached some current issues in banking regulation🏦 hubs.la/Q02m2sjR0

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Alfred Duncan retweetledi

NIER@NIESRreview·5 Oca

In the seventh paper, @EconUniKent's Alfred Duncan and @UofGAsbs's Charles Nolan discuss why Adam Smith's vision for #banking went unrealised and try to deduce how Smith might have approached some of the current issues in banking regulation 🏦 9/12 cambridge.org/core/journals/…

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Alfred Duncan retweetledi

Amanda Gosling@AmandaGosling3·9 Kas

Its with great sadness that we (@EconUniKent ) announce that Tony Thirlwall died yesterday after a long illness. He was a great and influential economist, a valued colleague and a kind and generous man- Rest in peace

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Alfred Duncan@Alfred_Duncan·23 Eki

@AlexisBrassey "2021 or latest year available" is not ideal. I've seen this data and some of the numbers are pre-covid, some are 2020 and some are 2021. I've found it interesting comparing with NZ, with similar income, lower spend. NHS does some things much better, and some things much worse.

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Alfred Duncan retweetledi

VSET Virtual Seminars in Economic Theory@VSET_contact·17 Eki

Miltos will be remembered for his kindness, sense of humor, intellectual prowess, curiosity, and love for life. We miss him deeply.

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Alfred Duncan@Alfred_Duncan·11 Eki

interested to see if the BoE keeps reporting measures of inflation expectations derived from the spread between linkers and unlinked gilts, now that they’re buying both.

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Alfred Duncan@Alfred_Duncan·10 Eki

The ONS website is awful.

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Alfred Duncan@Alfred_Duncan·10 Eki

Mervyn King in End of Alchemy ch7: "The essential problem with [LOLR] is that ... the only way to provide sufficient liquidity in a crisis is to lend against bad collateral - at inadequate haircuts and low or zero penalty rates."

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Alfred Duncan@Alfred_Duncan·10 Eki

BoE now accepting corporate bonds >= BBB- as eligible for it's pawnbroker of last resort operations. Maybe surprisingly, haircuts same as for >= A-. 35% on 5-10 yr issues.

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Alfred Duncan@Alfred_Duncan·4 Eki

Giving short talks on the LDI disruption to our @kentecon1 @KENTINVEST societies and our @EconApprentice programme this Thursday. Looking forward to it! @EconUniKent @MaghicU

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Alfred Duncan@Alfred_Duncan·30 Eyl

@t0nyyates @Frances_Coppola I was also wondering about sterilisation. Thought maybe they were worried about effects of sales of <10yr on the already disrupted mortgage market. Hopefully Bailey/Pill are asked about it the next time they go in front of select committee.

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Tony Yates@t0nyyates·30 Eyl

@Frances_Coppola Not my idea, although it is a pretty obvious one. Can't say whose unfortunately. Maybe they don't have anything short enough to be clear of the mess on the curve. [But then they could coordinate with DMO.]

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Tony Yates@t0nyyates·30 Eyl

Huw is expresssing a hope, not a certainty. I’m sure temporary is what’s intended but time will tell, not the ex ante assertion. Just as with the rest of the asset purchases.

Ed Conway@EdConwaySky

BoE chief economist Huw Pill on the background to the Bank’s intervention yesterday: Was taken to prevent “a self-sustaining vicious spiral” These operations “do not create central bank money on a lasting basis”.

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Alfred Duncan@Alfred_Duncan·28 Eyl

I guess this is exactly what the BoE is responding to.

Alfred Duncan@Alfred_Duncan

30 year gilts have fallen in price by about 24% since last Thursday. It costs roughly 30% more future tax revenue to fund a pound of spending today than it would have this time last week. No similar price movements outside of the UK.

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Alfred Duncan@Alfred_Duncan·28 Eyl

@AlexisBrassey No, maybe looking more like other small open economies though, where high yields on >10yr sovereign bonds can make them poor value for the taxpayer. Shortening issuance in response can make public finances more sensitive to rates. Anything interesting happening in tier 2s?

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Alfred Duncan@Alfred_Duncan·28 Eyl

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Alfred Duncan@Alfred_Duncan·27 Eyl

@J_Meanwell I’m less generous if the mistake carried forward leads to an implausible answer later on, and the student doesn’t show awareness that something has gone wrong.

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James Graham@J_Meanwell·27 Eyl

Hey #EconTwitter, need some exam grading advice. Suppose you have an exam Q. with multiple parts. How much “persistence” do you allow for in “mistakes carried forward” across parts? Allowing mistakes in part A. to show up in part G. seems generous. What’s a fair middle ground?

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Alfred Duncan@Alfred_Duncan·13 Ağu

@t0nyyates Sciascia - The day of the owl Lem - Solaris / the Invincible. Zola - Germinal

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Tony Yates@t0nyyates·12 Ağu

I need something that is very easy to read; a book whose pages turn themselves, but which is considered of extremely high literary worth so I can feel good about myself and forget a box set addiction.

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Keşfet

@EconUniKent @UofGAsbs @kentecon1 @KENTINVEST @EconApprentice @MaghicU @t0nyyates @Frances_Coppola