Economics Roundtable

May 2014 Payroll Employment

After 76 months, we finally got back to the prerecession level of payroll employment.

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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 .


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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.


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Liberty Street Economics (NY Fed)

Liberty Street Economics features insight and analysis from economists working at the intersection of research and Fed policymaking. 


September 30, 2016, 7:33 am, 1679785
Anna Snider

In recent months, there have been some high-profile assessments of how far the Federal Reserve has come in terms of communicating about monetary policy since its “secrets of the temple” days. While observers say the transition to greater transparency “still seems to ...


September 28, 2016, 7:33 am, 1679158
Robert Rich, Joseph Tracy, and Ellen Fu



Second of two posts In Monday’s post, we ...


September 26, 2016, 7:33 am, 1678481
Robert Rich, Joseph Tracy, and Ellen Fu



First of two posts Much has ...


September 18, 2016, 11:33 pm, 1674989
Grant Aarons, Daniele Caratelli, Matthew Cocci, Domenico Giannone, Argia Sbordone, and Andrea Tambalotti



What is the weather today? You don’t need to be a meteorologist ...


September 18, 2016, 11:33 pm, 1674990
Beverly Hirtle and David Lucca



Last month the New York Fed held a


September 18, 2016, 11:33 pm, 1674988
Thomas Eisenbach, David Lucca, and Robert Townsend



While bank regulation and supervision are the two main components of banking policy, the difference between them is often overlooked and ...


September 18, 2016, 11:33 pm, 1674987
Beverly Hirtle, Anna Kovner, and Matthew Plosser


September 18, 2016, 11:33 pm, 1674960
Jason Bram and Daniele Caratelli


September 18, 2016, 11:33 pm, 1674958
Alexander Kroeger and Asani Sarkar



The Federal Open Market Committee implements monetary policy by ...


September 18, 2016, 11:33 pm, 1674959
An interview with Jamie McAndrews



As Director of Research for the New York Fed ...