Economics Roundtable

Database Maintenance 7/4/15

Routine database maintenance will induce some duplicated items for the next day or two.


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.


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 .


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.


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. 


July 20, 2015, 7:33 am, 1511965
Nashrah Ahmed, Alain Chaboud, Dobrislav Dobrev, Joseph Fiorica, Michael Fleming, Frank Keane, Michael McMorrow, Suraj Prasanna, Ernst Schaumburg, Nathaniel Wuerffel, and Ron Yang



The $12.7 trillion U.S. Treasury market plays a critical ...


July 20, 2015, 7:33 am, 1511966
Nina Boyarchenko, Thomas Eisenbach, and Or Shachar

In a previous post, “Mapping and Sizing the U.S. Repo Market,” our colleagues described the structure of the U.S. repurchase agreement (repo) market. In this post, we consider whether recent regulatory changes have changed the behavior of securities ...


July 17, 2015, 7:33 am, 1510909
Mary Amiti and Tyler Bodine-Smith




The recent strengthening of the U.S.dollar has raised concerns about its impact on U.S.GDP growth. The U.S.dollar has appreciated around 12percent since ...


July 15, 2015, 7:33 am, 1509521
Maxim Pinkovskiy



Second in a two-part series

My aim in the second post of this series on Thomas Piketty’s Capital in the Twenty-First Century ...


July 13, 2015, 11:33 am, 1508238
Giorgio Topa, Olivier Armantier, Wilbert van der Klaauw, and BasitZafar



The Federal Reserve Bank of New York’s Survey of Consumer Expectations (SCE) turned two years old ...


July 13, 2015, 7:33 am, 1507909
Maxim Pinkovskiy



First in a two-part series

Thomas Piketty’s 2014 book Capital in the Twenty-First Century may have been a greater sensation upon publication ...


July 10, 2015, 7:33 am, 1506800
Amy Farber

One could say that Sesame Street character Bert’s extreme interest in paper clips is misguided, but his obsession ...


July 8, 2015, 7:33 am, 1505494
Andreas Fuster and Basit Zafar



When a household is looking to buy a home, financial considerations are usually very important. In particular, in deciding “how much house ...


July 6, 2015, 7:33 am, 1504111
Jason Bram and Matthew Ploenzke



For at least the past few decades, New York City’s economy, both its booms and busts, have been driven primarily by ...


July 2, 2015, 7:33 am, 1500523
Mary Amiti, Tyler Bodine-Smith, Michele Cavallo, and Logan Lewis