Tag Archives: full employment

What The Fed Does, Especially Under Trump, Should Matter To You | Economics on Blog#42

Why What The Fed Does, Especially Under Trump, Should Matter To You | Economics on Blog#42

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Jared Bernstein: CBPP Forum: Full Employment

Our full employment event…the video!

March 31st, 2015 at 10:14 am

Watch it here, where ‘it’ is the event CBPP ran yesterday for our full employment project. Ben Bernanke–now a fellow blogger(!)–gave a great keynote speech wherein he made a connection that I view as very important: adding an international dimension to the secular stagnation discussion.

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Defining Secular Stagnation | Economics

When we think of economic downturns, we generally think of them as flat up or down. We are all familiar with terms like recession. That is what we are now very slowly getting out of. We know, from our parents and grandparents, what the utter devastation of a depression is. We know, from our most recent experience, the Great Recession, what that feels like. Some months back, a term was added to the economic conversation: secular stagnation. Though the concept isn’t a new one, it has recently been reintroduced. Continue reading Defining Secular Stagnation | Economics

Jared Bernstein: Full #employment, trade deficits, and the dollar as reserve currency

By Jared Bernstein
October 7, 2014

Full employment, trade deficits, and the dollar as reserve currency. What are the connections?

I’ve been looking for an excuse to scratch out a few lines about the connections between full employment, the trade deficit, and dollar policy—connections that understandably don’t jump out at everyone—and I’ve found a particularly good one.

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Full employment and trade deficits: PK v. JB re $ | Jared Bernstein | On the Economy

By Jared Bernstein

October 8, 2014

Paul K’s agrees with me on the core aspects of my post yesterday regarding our persistent trade deficits as a barrier to full employment, but disagrees the dollars status as a reserve currency has much to do with it.

Continue reading Full employment and trade deficits: PK v. JB re $ | Jared Bernstein | On the Economy

Jared Bernstein: Absent full employment or a bubble, middle class income and wealth will fall

By Jared Bernstein
September 15, 2014

Robert Samuelson covers some useful ground this morning, reviewing income and net worth trends from the recent Survey of Consumer Finances, a triennial (it comes out every three years) survey of family income and wealth. I wanted to add a few points regarding timing of the trends he cites.

Continue reading Jared Bernstein: Absent full employment or a bubble, middle class income and wealth will fall