Economics Roundtable
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.
Finally, it's hard to argue against the payroll employment graph below (straight from FRED) and the comparison across recessions (courtesy of Calculated Risk).
Looking Up At 2001
In February 2001, U.S. payroll employment peaked at 132.5 million. The November 2011 figure of 131.7 million still falls 800,000 jobs short of the earlier peak.
Click on the chart for a larger version.
November Payroll Employment
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.
DataPoints: The Dismal Scientist
"A free and open exchange on the economy, and other things.”
by Moody’s Economy.com, a division of Moody’s Analytics.
Recent increases in mortgage purchase applications suggest home sales are starting to move higher.
November's employment data generates some head-scratching. Mark Zandi puzzles it out with the CNBC crew.
The congressional panel's failure to agree sets up a potential showdown for the economy. Mark Zandi discusses with Bloomberg TV.
Monetary policy
The Federal Reserve has aggressively eased monetary policy in response to the turmoil in financial markets and weaker economy. Policymakers have all but promised to maintain the federal funds rate target effectively at zero through mid-2013, and they are now selling short-term Treasury securities and purchasing long-term securities, in ...
Deal or no deal? Mark Zandi handicaps the chances of a deficit agreement, and discusses the consequences of the super committee's failure.
Watch the latest video at video.foxnews.comOctober's numbers weren't a disaster, but progress is achingly slow. Mark Zandi discusses the data on CNBC.
Monetary policy
The Federal Reserve has aggressively eased monetary policy in response to the turmoil in financial markets and weaker economy. Policymakers have all but promised to keep the federal funds rate target effectively at zero through mid-2013, and are now selling short-term Treasury securities and using the proceeds ...
What are the chances for a double-dip downturn in the U.S.? Mark Zandi and Nouriel Roubini discuss.
The pros and cons of the president's latest economic initiative were aired this week at NYU. Who won? Slate recounts the evening's ups and downs.
Debate: CONGRESS SHOULD PASS OBAMA'S JOBS PLAN - PIECE BY PIECE from Intelligence Squared U.S. on Vimeo.
Is the global economy resting on China's shoulders? Mark Zandi discusses with Nouriel Roubini.