Best of the Web: 17-08-01 nr 1716

Good Morning. Cool new dataset by the ECB on financial crises

https://www.ecb.europa.eu//pub/pdf/scpops/ecb.op194.en.pdf

Bunch of old geezers…
eNqSB8wwg4PlIVnWufBnFDyQ8QPNd3Zlj48qyRztt56di8MGeyr26NbMOvjJo7ZS2godcUwu7Lw3PrZ4d_wiDRGmRaTlG8JNZ31ja_AC5skG0cTncJZ1EC3XM8TofizZCXPu477p
https://www.economist.com/blogs/graphicdetail/2017/07/daily-chart-20

The VIX is more about realised volatility than people seem to realise
N5EQ1JtKDU4shY4SIOMKZxXl91xY3ikZmr2TjUefnzHBfY9vDir2_H2YWBoorcs1jkEi7WwXncfvGzxPYrqoeq2IGAn1mctYFo_7zRKJqqTX6byZBYEGLPWDOwkg4XwwHkPQ5POw
https://www.aqr.com/cliffs-perspective/please-stop-talking-about-the-vix-so-much

The winners take more and more…
PGbEPGk9cdSwSL_e7f5kTWETTnHPD6Jr26vjh53vP0SxRIFHuWIaelenD-pjLkinnOAN2EQ9rgfJm4p0QNvfDuZJ0KippjTSqs96TMH5rVBiZUi0JM6Uh-E6xHHpzo8m32BSVHwV
https://qz.com/1040046/30-firms-earn-half-the-total-profit-made-by-all-us-public-companies/

There is no Q1 seasonal mismatch in the US after all (or: not that big)
CFPLQ9ftYeDtaQnnvJtNrf2docA0IOIogrmS57NWUtXINQaTEvOopJmvq0MkdkraJxKhyWgz1Aadz42z6lIO0aa7tMGZ9mGXWCRefvn5hUrHwBz0CaOA56JLrsCsZVZQ1s94sM1F
https://www.federalreserve.gov/econres/notes/feds-notes/another-look-at-residual-seasonality-in-gdp-20170728.htm

Probably worth the read: on real versus monetary analysis
RPw6D6F0e9hq4Px1VNirrutLZ5-AVpBGJCg0chuy3B0xDDHPLRjPAY4jg7mQM7ARhoKwEpVkPmpsZ-z2K_GuuwfdMoOZSJqTnuiwOZydZrdXTwe4CQq0IedkJ04LljJInljS9b_v
http://voxeu.org/article/excess-saving-and-low-interest-rates-theory-and-evidence

There is a 7% chance of a rate hike in the Eurozone.
7DQneioHfBSmRy3fy9YHReLGTogu7Eht1B1fTl8rr5lgyeljGWWpUxJ5-_rJ28NnN85s06WxY0y7-pAG3pTAMfaNguCUh4iO5m0fSTGgmVsLZlwgUUviPRz5GWfdExRghjWiXSGq
http://voxeu.org/article/economic-conditions-and-ecb-interest-rate-increases

Medieval cities. The Netherlands opted for the slow start, by the looks of this
rvno7N83C1M0B8Gx75UWwkzM_e5Z8XW2zjhb94wyXPNejCPgGVLYgDMYmjHpxFRyNSMCFnjQw8dgWTbJVUz-AFiyWrTrwfbQ3wkVSInbdO9um9dLMWwDPkWEx4a8lAjtkdtu8DiV
http://understandingsociety.blogspot.nl/2017/07/dynamics-of-medieval-cities.html

 

A complete overview of all previous editions of Best of the Web can be found here http://tinyurl.com/c8ge4c5. All links provided are collected from public websites, unless otherwise specified. I have not checked the data or information for accuracy used, and therefore do not guarantee that all data provided will be 100% correct. The links provided do not necessarily reflect my personal opinion and should be seen as general interest: oftentimes I do not agree with arguments presented, but nevertheless think it is worthwhile to read them. It is up to the reader to make up their own mind. Suggestions or discussions are more than welcome. Do not quote unless specifically cleared beforehand!

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