I’ve been at the Conference of Economists in Melbourne for the last few days. I econobloggers, Stephen Kirchner and Andrew Leigh, as well as Andrew’s co-author Justin Wolfers and lots of old friends and sparring partners. I gave a paper on Learning and Discovery, an attempt with Simon Grant to unravel the knotty problem of unknown unknowns. You can read a more accessible summary here
Olivier Blanchard gave quite an interesting paper on European unemployment, on which I’ll try to comment further. I also found out what’s wrong (and right) with the bootstrap (an econometric technique) and saw an interesting ranking of economics departments, which showed that one of my former homes was ranked #2 in Australia on per capita research output just at the time when it was closed down as part of the reform process.