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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:

What Are Businesses Saying about Tax Reform Now?
In a recent macroblog post, we shared some results of a joint national survey that is an ongoing collaboration between the Atlanta Fed, Nick Bloom of Stanford University, and Steve Davis of the University of Chicago, and Jose Barrero of......
Friday, March 23, 2018

A First Look at Employment
One Friday morning each month at 8:30 is always an exciting time here at the Atlanta Fed. Why, you might ask? Because that's when the U.S. Bureau of Labor Statistics (BLS) issues the newest employment and labor force statistics from......
Tuesday, March 6, 2018

Weighting the Wage Growth Tracker
? The Atlanta Fed's Wage Growth Tracker (WGT) has shown its usefulness as an indicator of labor market conditions, producing a better-fitting Phillips curve than other measures of wage growth. So we were understandably surprised to see the WGT declin...
Wednesday, February 28, 2018

GDPNow's Forecast: Why Did It Spike Recently?
If you felt whipsawed by GDPNow recently, it's understandable. On February 1, the Atlanta Fed's GDPNow model estimate of first-quarter real gross domestic product (GDP) growth surged from 4.2 percent to 5.4 percent (annualized rates) after a manufact...
Tuesday, February 13, 2018

How Low Is the Unemployment Rate, Really?
In 2017, the unemployment rate averaged 4.4 percent. That's quite low on a historical basis. In fact, it's the lowest level since 2000, when unemployment averaged 4.0 percent. But does that mean that the labor market is only 0.4 percentage......
Thursday, January 18, 2018

What Businesses Said about Tax Reform
Many folks are wondering what impact the Tax Cuts and Jobs Actówhich was introduced in the House on November 2, 2017, and signed into law a few days before Christmasówill have on the U.S. economy. Well, in a recent speech,......
Wednesday, January 17, 2018

Financial Regulation: Fit for New Technologies?
In a recent interview , the computer scientist Andrew Ng said, "Just as electricity transformed almost everything 100 years ago, today I actually have a hard time thinking of an industry that I don't think AI [artificial intelligence] will transform....
Thursday, January 4, 2018

Is Macroprudential Supervision Ready for the Future?
Virtually everyone agrees that systemic financial crises are bad not only for the financial system but even more importantly for the real economy. Where the disagreements arise is how best to reduce the risk and costliness of future crises. One......
Wednesday, January 3, 2018

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...
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......
Monday, November 6, 2017

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