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.

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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 1, 2015, 7:33 am, 1537222
Rod Garratt

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Rod Garratt and Rosa Hayes

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August 28, 2015, 7:33 am, 1535613
Amy Farber

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August 26, 2015, 7:33 am, 1534315
Joseph Tracy, Robert Rich, Samuel Kapon, and Ellen Fu

Indicators of labor market slack enable economists to judge pressures on wages and prices. Direct measures of slack, however, are not available ...

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Stefania Albanesi, Claudia Olivetti, and Maria Prados

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August 24, 2015, 7:33 am, 1533054

August 21, 2015, 7:33 am, 1532150
Tobias Adrian, Michael Fleming, Daniel Stackman, and Erik Vogt
Fifth in a five-part series
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