Economics Roundtable

NOTICE 9/30/177

The Economics Roundtable website has been up and running for a couple of days now. Further periods of testing will be necessary. The RSS feed is still not working. The left sidebar links are also probably not updating correctly.

The problems were caused by updates to the programming language php and to the Apache operating system. It is taking time to track down the problems this causes with my system. - Bill Parke

March 2017 Fed Funds Rate

What is the effect of a 0.25% change in the Fed Funds rate?.

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.


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

My Economic Window (Roger Farmer)

"A space for quotes, graphs, thoughts and blogs”

September 12, 2017, 1:16 pm, 1773332
Jess Benhabib and I are running our second annual conference on multiple equilibria and financial crises at NYU over the weekend with the support of ...

September 12, 2017, 1:16 pm, 1773333

John Carney of the Wall Street Journal has written a ...

September 12, 2017, 1:16 pm, 1773334

Words are Powerful: especially if you put them in the right order. Roger Farmer

September 12, 2017, 1:16 pm, 1773335
Here is an update of the graphs I used here topoint to the link from QE to the stockmarket.The market is down 10% since ...

September 12, 2017, 1:16 pm, 1773331
Here is a link to an LA Times interview by James Peltz that features my work on link between confidence, the stock market and unemployment. Here is an excerpt.

September 12, 2017, 1:16 pm, 1773330
Here is a link to my Bloomberg TVsegment today on "What'd You Miss" with Scarlett Fu, Alix Steel and JoeWeisenthal: In which I

September 12, 2017, 1:16 pm, 1773327
I have just completed a new working paper, ”Asset Prices in an Economy with Two Types of People”. You can find it as an NBER
working paper here, as a CEPR discussion paper here, or directly from my website here. The paper ...

September 12, 2017, 1:16 pm, 1773328
This is my first post for a while: so, sorry if you missed me. I've been busy writing books and papers. I received the final galley proofs this week for my new book, Prosperity for All: How to Prevent Financial Crises. You canpre-orderit from OUPor Amazon ...

September 12, 2017, 1:16 pm, 1773329
There are religious nonconformists. There are climate change deniers. And there is now a new class of political agnostic: the secular stagnation skeptic. According to a piece in Time magazine this week, Barry Eichengreen finds the issue of secular stagnation so divisive amongst academic economists that ...

September 12, 2017, 1:16 pm, 1773326

I have consolidated my blog and my website on squarespace. If all goes according to plan: you will be able to find new andexisting blogposts ...