253 posts on "Macroeconomics"
November 3, 2015
Exploring Differences in Unemployment Risk
The risk of becoming unemployed varies substantially across different groups within the labor market.
November 2, 2015
Understanding Earnings Dispersion
Fatih Karahan How much someone earns is an important determinant of many significant decisions over the course of a lifetime. Therefore, understanding how and why earnings are dispersed across individuals is central to understanding dispersion in a wide range of areas such as durable and non-durable consumption expenditures, debt, hours worked, and even health. Drawing […]
Beyond the Macroeconomy
The Federal Reserve’s statutory mission from Congress is to achieve maximum employment and price stability for the country as a whole.
October 16, 2015
Just Released: Regional Service Sector Resilient even as Manufacturing Slumps
The October 2015 Business Leaders Survey of regional service firms, released today, paints a considerably more benign picture of local business conditions than the more troubling October 2015 Empire State Manufacturing Survey, released yesterday.
October 1, 2015
Introducing Our New App: Economic Research Tracker
Our experiment in blogging began four years ago, when we launched Liberty Street Economics.
September 23, 2015
How Much Do Inflation Expectations Matter for Inflation Dynamics?
Inflation dynamics are often described by some form of the Phillips curve.
July 15, 2015
A Discussion of Thomas Piketty’s Capital in the Twenty‑First Century: Does More Capital Increase Inequality?
My aim in the second post of this series on Thomas Piketty’s Capital in the Twenty-First Century is to talk about the economist’s research accomplishment in reconstructing capital-output ratios for developed countries from the Industrial Revolution to the present and using them to explain why wealth inequality will rise in developed countries.
July 13, 2015
A Discussion of Thomas Piketty’s Capital in the Twenty‑First Century: By How Much Is r Greater than g?
Maxim Pinkovskiy describes the arguments that Thomas Piketty makes to conclude that wealth inequality will rise and that global capital taxation is needed to stop it, and offers a critical discussion of the arguments.
June 22, 2015
Just Released: U.S. Economy in a Snapshot
The Research Group at the New York Fed would like to announce the publication of US Economy in a Snapshot[RR1] .
Posted at 10:00 am in Macroeconomics | Permalink
June 8, 2015
The Myth of First‑Quarter Residual Seasonality
The current policy debate is influenced by the possibility that the first-quarter GDP data were affected by “residual seasonality.”
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