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.
The best summary of the state of our economy is the graph (below) of employment as a fraction of population for people over 16 years old. The decrease is large, but the most troubling feature of the graph is the flat trend .
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.
Money Supply M1 growth is now over 20% per year over a 12 month lag. M1 growth has touched 20% before, but not with excess reserves of $1.6 trillion. Where is M1 headed?
The Economics Roundtable is sponsored by EconModel.
The Classic Economic Models cover micro, macro, and financial markets.
"Economists on Environmental and Natural Resources: News, Opinion, and Analysis”
Definition: evoking a keen sense of sadness or regret.
Example (from the RESECON listserv):
The U.S. Environmental Protection Agency (U.S. EPA) has published a new report, 'Climate Change Indicators in the United States, 2016 (Fourth Edition)'.
â€˜The Earth's climate is changing. Temperatures are rising, snow and rainfall patterns are shifting, and ...
The US government passed its first Air Pollution Control Act in 1955, but the major amendments to that law passed in 1970--including the creation of the Environmental Protection Agency to administer the law--greatly expanded the federal and state enforcement efforts. The EPA has published a web report called ...
Drivers this year paid the second lowest gas prices for Thanksgiving since 2008, and the national average has steadily dropped days ahead of Wednesdayâ€™s OPEC meeting in Vienna, Austria. During the meeting, OPEC is expected to carve out the details for a production cut which could potentially result ...
From October 31:
Some outreach of community-based faculty/student research:
[Watauga County] Commissioners heard from High Country Recreation representative Dr. Scott St. Clair and ASU economics professor John Whitehead about the economic benefits of a recreation center. The presentation indicated that a recreation center could generate a $36 million dollar impact on the local economy and ...
Thomas Stratmann at medium.com (Five Ways to Write a Better Essay):
Itâ€™s the end of the semester. Your term paper is due soon. Youâ€™re starting to stress about grades. Writing long essays is tiring. A major essay that can make or break your semester grade? Thatâ€™s ...
Sunrise over the #HortonFire. Updates will be shared after operational briefings are ...
President-elect Donald Trump conceded Tuesday there is "some connectivity" between human activity and climate change and wavered on whether he would pull the United States out of international accords aimed at combating the phenomenon, which scientists overwhelmingly agree is caused by human activity.The statements ...
I think I could confuse some people if I applied for the position of Director of the Haub School of Environment and Natural Resources:
Please distribute this announcement to individuals you think may be interested for the Director position of the Haub School for the Environment and Natural Resources. It ...
This one is on my Christmas list:
A Primer on Nonmarket Valuation
Editors: Champ, Patricia A., Boyle, Kevin, Brown, Thomas C. (Eds.)Covers the main nonmarket valuation techniques at a level appropriate for individuals who do not have a PhD in economics Chapters are laid out similarly with the ...