Economics Roundtable

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.


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.


RSS Feed

David Smith’s EconomicsUK.com

"The personal website of David Smith, Economics Editor of the Sunday Times, London.”


May 21, 2017, 4:04 am, 1749399
My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. This election is turning out to be a bit more interesting than I was expecting although, unless the polls are spectacularly wrong, though they are narrowing,...


May 14, 2017, 4:04 am, 1747426
My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. The governor of the central bank was perfectly clear. High and rising household debt “has made the economy less resilient to future shocks”. It is more...


May 7, 2017, 4:04 am, 1744938
My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. There have been times in the past when voters were entitled to be nervous about interest rates in the run-up to a general election, because of...


April 30, 2017, 4:04 am, 1742473
My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. It is not something I recall every saying before, but sometimes other countries’ elections are more interesting than our own. Theresa May’s regal progress towards endorsement...


April 23, 2017, 4:04 am, 1740162
My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. It is hard to think it was only two years ago. Then, in the run-up to the 2015 election, it was important to dig into the...


April 16, 2017, 4:04 am, 1738190
My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. The squeeze is back. Real wages have stopped growing in Britain, a few months earlier than expected, thanks to the combination of rising inflation and sluggish...


April 2, 2017, 2:04 am, 1734176
My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. If you were looking for single word description of our prime minister it would be inscrutable. Her ability to pad away difficult questions with non-answers rivals...


March 26, 2017, 4:04 am, 1731750
My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. They are the two sides of the same pound coin. Sterling’s sharp post-referendum fall has pushed inflation above the 2% target and is squeezing household incomes...


March 19, 2017, 6:04 am, 1729878
My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. It might be an age thing but the pace of life these days can be dizzying. There was a time when budgets rarely unravelled, and even...


March 12, 2017, 5:04 am, 1727881
My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. When it comes to budgets, there are some eternal verities. One is the contrast between the picture of the economy painted by the chancellor and the...