The Problem - I
Calculated Risk has the clearest picture of
the problem we face.
Click on the chart for a larger version.
The Problem - II
Calculated Risk adds the the clearest picture of
the housing tailspin.
Click on the chart for a larger version.
Special Topic 8/4/10
This week, the Roundtable will feature a special listing for reaction to the
payroll employment figures
from ADP on Wednesday and the BLS on Friday.
ADP: +42,000
BLS: -131,000/+71,000
Click on the chart for a larger version.
Special Topics 6/28/10
This week, the Roundtable will feature special listings for reaction to Wednesday's
CBO budget projections and the
payroll employment figures
from ADP on Wednesday and the BLS on Friday.
ADP: +13,000
BLS: -125,000/+83,000
CBO: Take your pick.
Click on the chart for a larger version.
Current Economic Conditions 6/5/10
James Hamilton summarizes the situation.
EconModel
The Economics Roundtable is sponsored by EconModel.
The Classic Economic Models cover micro, macro, and financial markets.
RSS Feed
New Economist
"Musings from a London-based economist and policy wonk”
January 11, 2010, 7:03 pm, 628840
The very welcome return of Dave Altig's Macroblog last week has prompted me to consider posting again too. Apologies for the protracted absence. My non-virtual life has been rather hectic in recent months. Now that things have settled down a little, I hope to return to semi-regular postings again. It's ...
January 11, 2010, 7:03 pm, 628841
A recent paper by McGill University's Jennifer Hunt to an NBER labour studies programme conference asks whether the increase in foreign-born college graduates has contributed to innovation in the United States. Her paper, How Much Does Immigration Boost Innovation? (PDF), finds that it does: In this paper I have demonstrated ...
January 11, 2010, 7:03 pm, 628842
Inter-county migration in China - mostly rural migrants moving to urban areas - increased four-fold during the 1990s, from just over 20 million in 1990 to 79 million by 2000. With what effect? Co-authors Alan de Brauw from the International Food Policy Research Institute and Michigan State University's John Giles ...
January 11, 2010, 7:03 pm, 628843
Semi-regular blogging service resumes this week with a few posts on migration - still a very topical issue on both sides of the Atlantic. The first paper I'd like to highlight is by the University of Chicago's Jeffrey Grogger, and UCSD's Gordon H. Hanson. Their recent NBER Working Paper No. ...
January 11, 2010, 7:03 pm, 628839
While Ken 'worst is yet to come' Rogoff is trying his level best to scare global financial markets about the credit crunch, research is now starting to filter through about just what happened last year. A new IMF working paper by Nathaniel Frank, Brenda González-Hermosillo and Heiko Hesse, Transmission of ...
January 11, 2010, 7:03 pm, 628838
The September/October 2008 edition of the MIT Technology Review has a feature by Mark Williams on Obama's senior economic advisor, Austan Goolsbee: Obama's Geek Economist No earth shattering insights, but another reminder of just how Chicago-ist an Obama presidency could be.
January 11, 2010, 7:03 pm, 628835
The Congressional Budget Office's new director, Douglas W. Elmendorf, testified on the state of the US economy before the House Budget Committee today. It makes sober reading. An accompanying blog post summarises his three key points: The economy is currently weathering a recession that started more than a year ago, ...
January 11, 2010, 7:03 pm, 628836
Controversial Monetary Policy Commitee member and Dartmouth professor Danny Blanchflower is leaving the Bank of England, according to The Times: Man who wanted early rate cuts David Blanchflower steps down from MPC Professor Blanchflower, who has voted to cut interest rates every month since October last year, said that he ...
January 11, 2010, 7:03 pm, 628837
Aside from China, no, according to a new IMF working paper by Marta Ruiz-Arranz and Milan Zavadjil. This is in large part an attempt to insure against a repeat of the 1997 Asian currency crisis: The paper has presented evidence that to a large extent explains Asia’s large reserve accumulation ...
January 11, 2010, 7:03 pm, 628834
For those hoping that credit conditions might gradually be returning to normal, today's IMF Global Financial Stability Report market update contained a stark warning: Risks to financial stability have intensified since October 2008. Macroeconomic risks have risen as global growth has fallen precipitously alongside a sharp slowdown of global trade. ...
