Economics Roundtable

NOTICE 4/30/18

The Economics Roundtable is back. The technical problem that has limited the set of blogs has been resolved. The RSS feed is, however, still not working.

Flushing caches will likely cause some old posts to show up for a day or two.

Employment as a Percentage of Population

The graph below shows employment as a fraction of population for people over 16 years old.

Click on the image to get a bigger version.

March 2017 Payroll Employment

Payroll employment has not grown impressively since 2000. Some baby-boomers retired, but that does not totally account for this graph.

Click on the image to get a bigger version.

May 2014 Payroll Employment

After 76 months, we finally got back to the prerecession level of payroll employment.

Click on the image to get a bigger version.

Graph-of-the-Year Candidates

Donald Marron likes European interest rates. Click on the image to get a bigger version. Can you find three distinct subperiods?

Brad DeLong favors the U.S. gdp gap.

RSS Feed

Environmental Economics

"Economists on Environmental and Natural Resources: News, Opinion, and Analysis”

September 12, 2018, 9:46 am, 1898700

Coral Davenport and Lisa Friedman at the NYTimes (The E.P.A.’s Review of Mercury Rules Could Remake Its Methods for Valuing Human Life and Health):

Last week the Trump administration took a crucial step toward de-emphasizing the life and health benefits in this calculus when the Environmental ...

September 5, 2018, 12:36 pm, 1896607

Alan Krupnick in toto (emphasis added):

At a press briefing in mid-August, Bill Wehrum, the appointed head of the US Environmental Protection Agency’s (EPA’s) Air Office, reiterated the Trump administration’s position that ancillary benefits are not to be counted in cost-benefit analysis of major rules. The context this time was the Affordable ...

August 29, 2018, 1:05 pm, 1894743

When I mention what I do (come up with ways to estimate the value of environmental goods and services), I sometimes get a response like this:  

It really is irritating that some people need to use economic measures to value our environment.

The reality is our environment, air, water, seas, national ...

August 27, 2018, 9:06 am, 1893885


Earlier this year, President Trump proposed significant cuts to the USDA's Economic Research Service--50% cuts in fact:

Funding for ERS would be slashed by 50 percent, to $45 million, in part by eliminating "low-priority research" that the administration said was already being done by the private sector or ...

August 27, 2018, 8:06 am, 1893859

Pollution and health have always been directly linked, both environmentally and medically, but few people consider the economic impact felt by countries afflicted with poor outdoor air quality. The World Health Organization estimates that the cost of disability and premature death from air pollution in Europe totalled close to ...

August 24, 2018, 9:45 am, 1893319

Sonja Kolstoe at the Society for Benefit-Cost Analysis "On Balance" blog:

This was my first time attending a World Congress. As a non-market valuation economist specializing in revealed and stated preference methods, I enjoyed the opportunity to discuss these methods and network with others from around the globe. For me, ...

August 23, 2018, 2:06 pm, 1893038

From the inbox:

Thank you! Your proof corrections for AJAR - AUSTRALIAN JOURNAL OF AGRICULTURAL AND RESOURCE ECONOMICS : 12280 : Contingent Valuation of Environmental Goods: A Comprehensive Critique, by Daniel McFadden and Kenneth Train (Eds.). Published by Edward Elgar Publishing, 2017, 319 pages, ISBN: 978-1-78643-468-5, AU$210 have been received.

August 23, 2018, 1:25 pm, 1893012

Brazen in its irony:

As the nation plans new defenses against the more powerful storms and higher tides expected from climate change, one project stands out: an ambitious proposal to build a nearly 60-mile “spine” of concrete seawalls, earthen barriers, floating gates and steel levees on the Texas Gulf Coast.

Like ...

August 23, 2018, 9:45 am, 1892918

That is the title of my talk at the "Tips for Students and Newish Economists" panel at the AERE@SEA meetings. Note that I am defining consulting very broadly. Here is my preliminary outline:

Enhance your research, teaching, service Don't make it another activity: i.e., research, teaching, service & consulting Community-based research ...

August 23, 2018, 9:25 am, 1892913

There are 17 sessions with 5 papers each (no discussants), 3 student sessions (with discussants, organized by Elaine Frey) and 1 panel discussion (the last session so attendance will be lower than our usual "tips" session):

Tips for Students and Newish Economists

Moderator: Elaine F. Frey, California State University, ...