Tuesday, January 30, 2018

There is one thing...

›
Reading Credit, Financial Conditions, and Monetary Policy Transmission , the "preview" PDF from the AEA ... It's really go...
4 comments:
Monday, January 29, 2018

Are you high?

›
Sometimes it is important to distinguish between the trend and the "trend" of data. Yesterday's post looked at the trend of...
3 comments:
Sunday, January 28, 2018

Seeing past the aberrations in Debt-to-GDP

›
Total debt, relative to GDP: Graph #1 : Total Debt relative to GDP I've seen a lot of people point out the low, flat area betwee...
Saturday, January 27, 2018

Where we stand

›
The FRED Blog has a post dated 11 January which shows this graph: The Green Line (quarterly data) ends at Q3 2017. The others appear t...
Friday, January 26, 2018

Shiller: What drives these decade-long swings in confidence?

›
Consumer Confidence Is Lifting the Economy. But for How Much Longer? by Robert J. Shiller Jan. 26, 2018 Amid the constant turmoil in dom...

An interesting footnote on the Federal debt

›
From page 15 of The Economic Expansion of the 1990s (at Google Books): The ratio of the interest-bearing national debt to GDP is frequen...
4 comments:
Thursday, January 25, 2018

On raising interest rates

›
One of the arguments for raising interest rates is that we need rates high enough that they can be cut when the next recession comes. It ...
17 comments:
Wednesday, January 24, 2018

The "Forgotten Crash" (1966)

›
Syll shows this graph and asks: "Time for another crash?" Philip George replies: "Probably not yet", which makes ...
3 comments:
Tuesday, January 23, 2018

You wanna count what?

›
Somebody once explained to me that the growth of debt (back then) was probably due to the increase of women in the workforce. When women we...