Econ Blog

your daily dose of economic commentary

Extensions to the NGDP Gap

3741. Extensions to the NGDP Gap

David Beckworth discusses the NGDP gap as a measure for assessing monetary policy and its implications for economic stability and recovery during crises.

The Worst Jobs Day Ever

3742. The Worst Jobs Day Ever

The author discusses the unprecedented job losses and unemployment rates in the U.S. due to COVID-19, highlighting disparities among different worker demographics.

The Worst Jobs Day Ever

3743. The Worst Jobs Day Ever

Donald discusses the unprecedented job losses and unemployment rates in America due to the COVID-19 shutdown, highlighting disparities among different worker demographics.

Assorted Macro Musings

3744. Assorted Macro Musings

David Beckworth discusses economic mobilization strategies in response to the coronavirus pandemic, comparing them to wartime efforts and advocating for specific Federal Reserve actions.

If We Give Everybody Cash, Let’s Tax It

3745. If We Give Everybody Cash, Let’s Tax It

An argument that universal cash payments should be implemented during crises, with a subsequent taxation to ensure equitable distribution and fiscal sustainability.

3746. If We Give Everybody Cash, Let’s Tax It

An argument that universal cash payments can be beneficial if combined with a taxation system to recapture funds from higher earners, enhancing fiscal efficiency and inclusivity.

Economic Policy in the Time of COVID-19

3747. Economic Policy in the Time of COVID-19

The author discusses strategies for economic policy to mitigate the impacts of COVID-19 on public health and the economy.

Economic Policy in the Time of COVID-19

3748. Economic Policy in the Time of COVID-19

Donald discusses strategies for economic policy in response to COVID-19, emphasizing health protection, income support, and maintaining productive capacity for recovery.

The Decline of the 10-Year Treasury: Implications for Fed Policy

3749. The Decline of the 10-Year Treasury: Implications for Fed Policy

David Beckworth discusses the implications of the declining 10-year treasury yield for the U.S. economy and the Federal Reserve's policy framework.

Remembering My Dad, Donald Marron, 1934 – 2019

3750. Remembering My Dad, Donald Marron, 1934 – 2019

The author reflects on the life and memories of their father, Donald Marron, celebrating his achievements and personal moments shared together.

Remembering My Dad, Donald Marron, 1934 – 2019

3751. Remembering My Dad, Donald Marron, 1934 – 2019

Donald reflects on his father's remarkable life, sharing personal memories and the impact of his father's energy and generosity.

Everything's Significant When You Have Lots of Data

3752. Everything's Significant When You Have Lots of Data

Dave Giles discusses the implications of large sample sizes on statistical significance in econometric studies, emphasizing the need for revised significance levels.

3753. Reporting an R-Squared Measure for Count Data Models

Dave Giles discusses the challenges and considerations of reporting R-squared measures in count data models, highlighting their limitations compared to traditional regression models.

Allan Meltzer's Life Work

3754. Allan Meltzer's Life Work

David Beckworth discusses Allan Meltzer's contributions to economics and his new book, highlighting a recent event and his own involvement as editor and contributor.

The Repo Man Cometh

3755. The Repo Man Cometh

David Beckworth discusses recent pressures in the repo market, the Fed's response, and implications for its operating system amidst concerns of a financial crisis.

Some Assorted Macro Musings

3756. Some Assorted Macro Musings

David Beckworth discusses dollar dominance, inflation history, and the implications of NGDP targeting for central banking in his recent analyses and interviews.

More on the U.S. as a Banker to the World

3757. More on the U.S. as a Banker to the World

David Beckworth discusses the U.S. financial system's role as a global banker, highlighting its balance sheet dynamics and implications for safe and risky assets.

3758. Including More History in Your Econometrics Teaching

Dave Giles emphasizes the importance of incorporating historical context into econometrics teaching to enhance student understanding and engagement with the subject.

Seasonal Unit Roots - Background Information

3759. Seasonal Unit Roots - Background Information

Dave Giles discusses seasonal unit roots in time series data, emphasizing their significance and the terminology used in econometric analysis.

3760. New Articles on NGDP Targeting

David Beckworth discusses his recently published papers on nominal GDP targeting and its implications for monetary policy and financial stability.