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MacroBlog

Visit Site - http://www.macroblog.typepad.com/

Dave  Altig

David Altig, a professor at the University of Chicago, needed a way to help his students learn about monetary  [Read More]

Categories: Finance/Investing


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Latest Posts:

Labor Supply Constraints and Health Problems in Rural America
A recent research study by Alison Weinberg at the Federal Reserve's Board of Governors found that wages for relatively low-skilled workers in nonmetropolitan areas of the country have been growing more rapidly than those in metropolitan areas. In a t...
MacroBlog
Wednesday, November 15, 2017


Building a Better Model: Introducing Changes to GDPNow
Among the frequently asked questions on GDPNow's web page is this one: Is any judgment used to adjust the forecasts? Our answer: No. Once the GDPNow model begins forecasting GDP growth for a particular quarter, the code will not be......
MacroBlog
Monday, November 6, 2017


How Ill a Wind? Hurricanes' Impacts on Employment and Earnings
According to the Current Employment Statistics payroll survey, seasonally adjusted nonfarm payroll employment declined 33,000 in September. This decline was the first drop in employment since 2010 and followed a 169,000 gain in August. At the same ti...
MacroBlog
Thursday, October 19, 2017


When Health Insurance and Its Financial Cushion Disappear
Personal health care costs can skyrocket with a new diagnosis or accident, often leading to catastrophic financial costs for people. Health insurance plays an important role in protecting individuals from unexpected large financial shocks as a result...
MacroBlog
Friday, September 8, 2017


What Is the "Right" Policy Rate?
What is the right monetary policy rate? The Cleveland Fed, via Michael Derby in the Wall Street Journal, provides one answer—or rather, one set of answers: The various flavors of monetary policy rules now out there offer formulas that suggest......
MacroBlog
Thursday, September 7, 2017


Is Poor Health Hindering Economic Growth?
It is well known that poor health is bad for an individual's income, partially because it can lower the propensity to participate in the labor market. In fact, 5.4 percent of prime-age individuals (those 25-54 years old) reported being too......
MacroBlog
Wednesday, August 30, 2017


Behind the Increase in Prime-Age Labor Force Participation
Prime-age labor force participation has been on a tear recently. Over the last eight quarters, it is up by about 65 basis points (bps) and more than 40 bps in just the last year. When combined with declines in the......
MacroBlog
Monday, July 31, 2017


An Update on Labor Force Participation
With the unemployment rate essentially back to prerecession levels, economists have been paying increased attention to the labor force participation rate (LFPR). Many economists, including those at the Congressional Budget Office , believe untapped r...
MacroBlog
Wednesday, July 12, 2017


Another Look at the Wage Growth Tracker's Cyclicality
Though Friday's employment report showed that payroll employment rose by a robust 222,000 jobs in June—much higher than most forecasts—enthusiasm for the news was tempered somewhat by average hourly wages coming in below expectations. Is the (ongoing...
MacroBlog
Tuesday, July 11, 2017


GDPNow's Second Quarter Forecast: Is It Too High?
Real gross domestic product (GDP) growth slowed from a 2 percent pace in 2016 to an annual rate of 0.7 percent in the first quarter of 2017. The Federal Open Market Committee viewed this slowdown in growth "as likely to......
MacroBlog
Monday, May 22, 2017



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