Economics Roundtable

January 2014 Payroll Employment

We are getting closer to the previous peak.

Click on the image to get a bigger version.


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.


RSS Feed

WSJ:  Real Time Economics

"Economic insight and analysis from the Wall Street Journal.”


April 17, 2014, 11:03 am, 1257009

Breastfeeding in America hit its lowest rates ever in the 1970s, and since then health organizations world-wide have tried to halt unnecessary formula feeding.

The Centers for Disease Control and Prevention, World Health Organization and American Society of Pediatrics ...


April 17, 2014, 11:03 am, 1257010

An unprecedented period of low productivity growth in the U.K. may partly be explained by the fact that fewer businesses collapsed in the years following the financial crisis than during previous recessions, according to economists at the Bank of England.

The key to the “productivity puzzle” is central to determining how ...


April 17, 2014, 9:03 am, 1256935

Just how worried should the European Central Bank be about the strong euro? Some economists say, not at all.

A strong currency can make an economy’s goods and services more expensive in global markets, damping exports. It could also weaken already low inflation in the euro zone by reducing the cost ...


April 17, 2014, 9:03 am, 1256934

The Wall Street Journal’s Daily Report on Global Central Banks for Thursday, April 17

Sign up for the newsletter: http://on.wsj.com/grandcentralsignup.

Highlights

Da Costa’s Take: Bubbles, Bubbles, Toil, and Trouble Yellen Stakes Out a Flexible Policy Path Lockhart: ...


April 17, 2014, 7:03 am, 1256881
Nobuyuki Nakahara, a former Bank of Japan policy board member who is an adviser to Prime Minister Shinzo Abe, says the bank may need to consider successive rounds of ...


April 17, 2014, 7:03 am, 1256880
Growth in China’s electricity output picked up in March from its January-February pace. Reuters

BEIJING—Official data shows China’s economy in the first quarter grew at its slowest ...


April 17, 2014, 7:03 am, 1256878

The Wall Street Journal’s Daily Report on Global Central Banks for Wednesday, April 16

Sign up for the newsletter: http://on.wsj.com/grandcentralsignup.

Highlights

Hilsenrath’s Take: Connecting the Fed’s Dots Yellen Lays Groundwork for Rules on Short-Term Credit Markets ...


April 17, 2014, 7:03 am, 1256879

It’s that time of year again when speculation mounts over what promising young U.S. economist will run off with the American Economic Association’s John Bates Clark medal.

Set to be announced Thursday, the Clark medal is the field’s second-most prestigious honor after the Nobel Prize in economics. It is given every ...


April 17, 2014, 7:03 am, 1256863

Slowing growth in China’s massive economy has raised concerns that the rest of Asia would suffer if China continues to lose momentum.

Rapid growth in lending to the mainland would seem ...


April 17, 2014, 7:03 am, 1256862

Just how worried should the European Central Bank be about the strong euro? Some economists say, not at all.

A strong currency can make an economy’s goods and services more expensive in global markets, damping exports. It could also weaken already low inflation in the euro zone by reducing the cost ...