Economics Roundtable

NOTICE 4/30/18

The Economics Roundtable is back. The technical problem that has limited the set of blogs has been resolved. The RSS feed is, however, still not working.

Flushing caches will likely cause some old posts to show up for a day or two.


Employment as a Percentage of Population

The graph below shows employment as a fraction of population for people over 16 years old.


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.


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.


RSS Feed

Rajiv Sethi

"thoughts on economics, finance, crime and identity”


April 30, 2018, 8:08 pm, 1849710
The amount of money generated by college sports is staggering: broadcast rights alone are worth over a billion dollars annually, and this doesn't include tickets sales for live events, revenue from merchandise, or fees from licensing. But the athletes on whose talent and effort the entire enterprise is ...


April 30, 2018, 8:08 pm, 1849711
The following is a lightly edited version of my comment letter to the SEC in reference to the application by IEX to register as a national securities exchange. Related issues were discussed in a couple of earlier posts on intermediation ...


April 30, 2018, 8:08 pm, 1849712
Sendhil Mullainathan is one of the most thoughtful people in the economics profession, but he has a recent piece in the New York Times with which I really must take issue.
Citing data on the racial breakdown of arrests and deaths at ...


April 30, 2018, 8:08 pm, 1849713
The real money peer-to-peer prediction market PredictIt just made a major announcement: they plan to margin-link short positions. This will lead to an across-the board decline in the prices of many contracts, especially in the two nominee markets. Given that the prices in these markets are ...


April 30, 2018, 8:08 pm, 1849709
It's Super Tuesday, and if the polls and prediction markets aren't completely off base, Donald J. Trump is heading for a significant and perhaps insurmountable delegate lead in the contest for the Republican nomination. According to PredictIt, he is heavily favored to win all states except ...


April 30, 2018, 8:08 pm, 1849708
This wild and crazy election cycle is generating an enormous amount of data that social scientists will be pondering for years to come. We are learning about the beliefs, preferences, and loyalties of the American electorate, and possibly witnessing a political realignment of historic proportions. Several


April 30, 2018, 8:08 pm, 1849705
Since the launch of the pioneering Iowa Electronic Markets almost thirty years ago, prediction markets have grown to become a familiar fixture in the forecasting landscape. Among the most recent entrants is PredictIt, which has been operating for about a year under a no-action letter from ...


April 30, 2018, 8:08 pm, 1849706
The Securities and Exchange Commission has decided to delay for a second time ruling on the application by IEX to register as a national securities exchange. This time they did so without seeking or receiving permission from the applicant, on the grounds that a decision requires ...


April 30, 2018, 8:08 pm, 1849707
On Super Tuesday, and then again on March 5, there were systematic biases in prediction market forecasts. Specifically, Donald Trump lost four contests that he was predicted to win (Oklahoma, Alaska, Minnesota and Maine) and won no contests that he was predicted to lose ...


April 30, 2018, 8:08 pm, 1849704
This video is hard to watch but important to think about and learn from:

Here's what appears to have happened. At around 9pm on July 6, Philando Castile was stopped for a ...