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.

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.


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.


The Economics Roundtable is sponsored by EconModel.

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

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The RePEc Blog

"Information about Research Papers in Economics (RePEc)”

September 12, 2017, 1:19 pm, 1774222
June was a surpisingly busy month, especially in terms of content expansion. We have now reached 600,000 works listed on RePEc, and it took only 10 months to add the last 100,000. Traffic was also heavy for the season, reaching 584,843 downloads and 2,803,705 abstract views. The following institutions joined ...

September 12, 2017, 1:19 pm, 1774223
Hotlinking is the practice of linking to a web page deep in a web site, instead of its front page. This practice is discouraged by many news sites, both because they prefer users to browse through the site and because links may become obsolete. At RePEc, we actually encourage hotlinking. Links ...

September 12, 2017, 1:19 pm, 1774224
Women have always been underrepresented in Economics. For example, regarding US faculty, the Committee on the Status of Women in the Economics Profession (CSWEP), a subcommittee of the American Economic Association, determines in its latest annual report that women represent 28% of assistant professors, 21% of associate professors and 8% ...

September 12, 2017, 1:19 pm, 1774225
Many authors may have rejoiced about the increase in their citation counts in their last monthly notification. At least part of this increase is due to an error that crept in while fixing a citation display issue for authors on IDEAS. This error is now fixed and next month’s mailing ...

September 12, 2017, 1:19 pm, 1774221
As highlighted in a recent post, we encourage deep linking in RePEc services. This is particularly useful for reading lists and syllabi. In fact, IDEAS provides simple tools to create such lists on its web site. The first one allows to create reading lists by providing code that is similar ...

September 12, 2017, 1:19 pm, 1774220
There are many ways to rank researchers, but rarely has one been adopted as fast as the h-index. It has been introduced by physicist Jorge E. Hirsch in August 2005, and is defined by h, with h works from an author having at least h citations. Compared to “raw” ...

September 12, 2017, 1:19 pm, 1774217
NEP (New Economics Papers) is an email service that alerts subscribers to new online working papers in their area of interest. About 80 fields are currently available, and the roughly weekly emails are sent free of charge. While the RePEc team thought email dissemination was sufficient, there also appears to ...

September 12, 2017, 1:19 pm, 1774218
While the Summer is usually calm, RePEc has just passed some historic benchmarks in terms of content and traffic: 750 journals listed, 2000 working paper series, half a million works available online, 20 million working paper downloads recorded, 200,000 works that are cited within RePEc. This all reflects the tremendous ...

September 12, 2017, 1:19 pm, 1774219
Two RePEc services, EconPapers and LogEc, are down since late Saturday or early Sunday. This post will provide updates on the situation. EconPapers provides a browsable and searchable database of bibliographic entries from RePEc. IDEAS provides a similar service and can be used in the meanwhile. LogEc provides usage statistics for ...

September 12, 2017, 1:19 pm, 1774216
Previous discussion on this blog (1, 2) covered the issue of peer review of new research, in particular now that the Internet has become such a predominant medium of communication. One way in which peer-reviewing could work is through blogs, wherein in a blogger discusses a paper and lets others ...