4 posts from December 2006

Here are some rough solutions for you to check your answers on the practice final.  I'll be holding my last office hours tomorrow (Monday) for any remaining questions, etc.

Solutions to Practice Final

-Joe

Professor DeLong encouraged us to add interesting things to the blog, so in that spirit, Econbroswer has posted a follow-up to the post we read last month on possible explanations of the inverted yield curve:

http://www.econbrowser.com/archives/2006/12/the_yield_curve_3.html.

They suggest that large foreign holding of US bonds may be holding down the term premium and therefore making the yield spread negative.  This effect, according to a recent econometric study cited on the post, may be causing up to a one percentage point decrease in the 10-year note's nominal yield.

The blog's recent topics also include China and the strength of the dollar, for anyone looking to read more about other topics we've been studying.

-Jeff Naecker

I will be holding office hours at the following times:

Thursday 12/7 -- 11:30am-1:00pm -- 508-7 Evans
Friday 12/8 -- 10:00am-11:30pm -- 508-5 Evans
Monday 12/11 -- 11:30am-1:00pm -- 508-3 Evans

-Joe

Final exam to be given in 534 Davis, at 12:30 PM on Wednesday, December 13.

"Where is Davis?" you ask. I have no idea. Davis used to be where the gigantic hole now on Hearst now is.

UPDATE: Ah. They only tore down half of Davis. What I thought was the back half of Bechtel is actually the front half of Davis.

And here is the practice final exam: http://delong.typepad.com/print/20061205_mock_final_101b.pdf