Low interest rates and low inflation at full employment
…the Wall Street Journal wrote about this yesterday. Here are some selected quotes from his article… “The super-low inflation rates (in Europe) are the average for the euro zone and…
…the Wall Street Journal wrote about this yesterday. Here are some selected quotes from his article… “The super-low inflation rates (in Europe) are the average for the euro zone and…
…program) 3) I am more favorably impressed than I would like to be. I will now attempt a super brief abstract (I am terrible at this — click the link)….
…implies that one can improve on the super simple red line forecast using lagged CPI inflation and lagged core CPI inflation (excluding food and energy). If people place higher weight…
…the First Amendment’s speech clause. But that doesn’t matter. Voting is speech. Y’know, just like giving a huge donation to a party, candidate or Super PAC is speech. The latter…
…program is super popular) disabled (and that program is not hated) or very few and getting tiny checks. I am sure that welfare hatred is not based on knowing people…
…battle super weak inflation in Europe, but he is not getting to the root of the problem. Real wages are being cut in an effort to increase competitiveness for Euro-zone…
…from a super simple sub-Taylor rule). The registered unemployment rate follows with a lag of about one year (longer than the standard pre-hysteresis 6 months but not very long). My…
…earlier super simple old fashioned approach to data help explain why macroeconomists don’t talk about such striking simple patterns in the data. Now I don’t think the conventional contemporary approach…
…without opening up other gaps that have already closed? It almost seems impossible or super complicated? Well, let’s go back and look at the stagflation of the late 70’s. What…
…consumption and savings. The suspicion that inequality leads to secular stagnation is based on the idea that the super rich are satiated — that they can’t possibly consume a large…