Technical Problems 3/9/15
The website was down several hours today, but is back up now.
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.
WSJ: Real Time Economics
"Economic insight and analysis from the Wall Street Journal.”
The Commerce Department on Friday said it is planning a series of steps to smooth out statistical quirks that may be affecting quarterly gross domestic product data.
The move could make first (and fourth) quarters of the year a little less bad and the rest of the year a little ...
The Wall Street Journal’s Daily Report on Global Central Banks for Friday, May 22, 2015:
Sign up for the newsletter: http://on.wsj.com/grandcentralsignup
HighlightsBlackstone’s Take: ECB Turns Up Heat on Governments Fed Proposes Relaxing Rules Impacting Municipal Bonds
It’s an age-old tradeoff in economics: Should a ...
Did the ...
Federal Reserve Chairman Janet Yellen ...