Economics Roundtable

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.

RSS Feed

Liberty Street Economics (NY Fed)

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

October 21, 2016, 7:33 am, 1685574
Anna Snider

The money market industry is in the midst of significant change. With the implementation this month of new Securities and Exchange Commission rules designed to make money market funds (MMFs) more resilient to stress, institutional prime and tax-exempt funds must report more accurate ...

October 19, 2016, 11:33 am, 1684948
Jason Bram and Joelle Scally

The 9/11 terrorist attack on the World Trade Center left ...

October 17, 2016, 7:33 am, 1684176
Fatih Karahan and Darius Li

Geographic mobility is thought to be important ...

October 14, 2016, 7:33 am, 1683616
Amy Farber

This is a story about a humorous bank ad that morphed into a promotional campaign. It’s a tale that shares themes with four previous Historical Echoes posts about Barbie, bank promotions, and bank tellers.

The story ...

October 12, 2016, 7:33 am, 1682943
Christopher S. Armstrong, Wayne R. Guay, Hamid Mehran, and Joseph P. Weber

October 7, 2016, 7:33 am, 1681693
Maureen Egan

October 5, 2016, 7:33 am, 1680995
Brandon Li and Asani Sarkar

October 3, 2016, 7:33 am, 1680329
Donald P. Morgan and Bryan Yang

Ten billion has become a big number in banking since the Dodd-Frank Act of 2010. When banks’ assets exceed ...

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 ...