Economics Roundtable

NOTICE 9/30/177

The Economics Roundtable website has been up and running for a couple of days now. Further periods of testing will be necessary. The RSS feed is still not working. The left sidebar links are also probably not updating correctly.

The problems were caused by updates to the programming language php and to the Apache operating system. It is taking time to track down the problems this causes with my system. - Bill Parke

March 2017 Fed Funds Rate

What is the effect of a 0.25% change in the Fed Funds rate?.

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.

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May 2014 Payroll Employment

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

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Jobs

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 .


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.


Remember M1?

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?


Click on the chart for a larger version.


EconModel

The Economics Roundtable is sponsored by EconModel.

The Classic Economic Models cover micro, macro, and financial markets.


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Aplia Econ Blog

"News for Economics Students”


September 12, 2017, 1:13 pm, 1771264
The other day I took my car to the mechanic for what I thought would be a quick maintenance appointment. However, I was sadly mistaken when my bill came in ...


September 12, 2017, 1:13 pm, 1771265
“Buyers know what goods cost.” Some version of that assumption comes up in the very first weeks of just about every introductory econ course. It becomes one of the few assumptions that ...


September 12, 2017, 1:13 pm, 1771266
A famous economics joke says it best: A physicist, a chemist and an economist are stranded on an island, with nothing to eat. A can of soup washes ashore. The physicist says, "Let’s ...


September 12, 2017, 1:13 pm, 1771267
A few months ago, my car was burglarized; the side window was broken and my iPod taken. I had to pay $230 for the window repair and although the 2-year ...


September 12, 2017, 1:13 pm, 1771263
It’s a good thing I don’t have to watch my cholesterol, because after moving to the Maine seacoast last July, I simply cannot get enough lobster. Though I haven’t had ...


September 12, 2017, 1:13 pm, 1771262
Recently several California towns and counties introduced new rules concerning single-use grocery bags in an attempt to reduce the harmful effects of paper and plastic refuse on the environment. Plastic bags are ...


September 12, 2017, 1:13 pm, 1771259
Economists are famous, perhaps infamous, for disagreeing with each other. Indeed, economists have
different views on policies, different scientific judgments, and different values. Even ...


September 12, 2017, 1:13 pm, 1771260
The Federal Reserve's decisionon September 18th to continue purchasing $85 billion in longer-term bonds each month took financial markets by surprise. Collective wisdom expected that the Fed would begin tapering its purchases of U.S. ...


September 12, 2017, 1:13 pm, 1771261
The Chicago Cubs hold the record for
the longest championship drought in the four major US sports, not giving their fans a World Series ...


September 12, 2017, 1:13 pm, 1771258

If you are like many Americans, you made a New Year's ...