tag:blogger.com,1999:blog-2546602206734889307.post3362546264921165911..comments2024-03-28T04:29:22.717+00:00Comments on mainly macro: Fiscal councils: births, and the trials of youthMainly Macrohttp://www.blogger.com/profile/09984575852247982901noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2546602206734889307.post-20664059042287608942013-02-17T19:41:54.295+00:002013-02-17T19:41:54.295+00:00As the osteopath at the professional football club...As the osteopath at the professional football club, Hamburger Sport Verein, I'm working with professional athletes on a daily basis. Over the last two months we have integrated the NES mi<b><a href="http://www.vitalityshift.com.au" rel="nofollow">health device</a></b> to support our players - and we have experienced remarkable results. Our players recover faster and feel much more relaxed before games. They even want to use the NES mi<b><a href="http://www.vitalityshift.com.au" rel="nofollow">health device</a></b> themselves at home.suzana martinhttps://www.blogger.com/profile/06364317153631339761noreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-3614698849628757772012-07-06T16:05:54.560+00:002012-07-06T16:05:54.560+00:00I feel like I have to join this discussion since I...I feel like I have to join this discussion since I worked for the Mexican (dependent) fiscal council http://goo.gl/riybw <br /> I don't believe (as the post suggest) that a FC should have access to privilege data (many reasons, eg reliability, avoid collision, etc).<br /><br />In our case, one of our most important duties was to work with the available data and to construct our own models and estimates. So that we would be able to compare our projections with the Treasury Ministry and the Central Bank. In theory, if we would have inside information, our estimates should be very closely and no one would be able to replicate our results. That would add to the lack of credibility.Jorge Larahttps://www.blogger.com/profile/11452408461802722853noreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-37305723506789093562012-07-06T09:11:47.651+00:002012-07-06T09:11:47.651+00:00I'm afraid I'm not about to join your mino...I'm afraid I'm not about to join your minority, but I think there are very interesting issues here. Exchange of information is certainly good, but some skepticism may also be healthy. For example, if a government cuts spending, should a fiscal council assume that the monetary authority will be able to completely counteract the impact of this on output and inflation, particularly in a liquidity trap? Normally I think the issues of short term stabilisation (monetary policy) and long term debt control (fiscal council) are sufficiently different for it to make sense to have separation, but it can lead to problems in exceptional times.Mainly Macrohttps://www.blogger.com/profile/09984575852247982901noreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-44137462138775894392012-07-06T07:37:04.993+00:002012-07-06T07:37:04.993+00:00Prof Simon, I fully support your attempts to promo...Prof Simon, I fully support your attempts to promote fiscal councils. Though I disagree on the extent to which central bank monetary policy committees and fiscal councils should work hand in hand. At the very least, each of these two needs to know what the other is planning, wouldn’t you say? Personally, I’d merge the two because I don’t believe that fiscal and monetary policy should be implemented separately. But I’m in a minority of about one there.Ralph Musgravehttps://www.blogger.com/profile/09443857766263185665noreply@blogger.comtag:blogger.com,1999:blog-2546602206734889307.post-19366469460530648922012-07-06T02:20:56.381+00:002012-07-06T02:20:56.381+00:00In my experience (admittedly from inside Governmen...In my experience (admittedly from inside Government), Government-funded organisations tend to be even more critical of Government than non-funded organisations precisely because they feel the need to demonstrate their independence.<br />Jim GrovesJim Grovesnoreply@blogger.com