Jared Bernstein on The Phillips Curve: The Fed, Jobs, interest rates, and economic models | Blog#42
The Phillips Curve is at best in ill repair, if not just outright broken. Jared Bernstein August 23rd, 2015
The Phillips Curve is at best in ill repair, if not just outright broken. Jared Bernstein August 23rd, 2015
Jobs Report for July: Solid job gains, no wage pressures
Precious little is written anymore about economic policy and Black unemployment.
What we’re arguing about when we’re arguing about trade deals.
March 27th, 2015 When it comes to the debate over whether the Trans Pacific Partnership trade agreement should include rules against managing currency, the recent, sharp rise in the value of the dollar offers a little something for everyone.
Josh Barro does an excellent job describing many of the key points about the challenges of crafting what politicians are calling “middle-class economics.” As I see it, they’re talking about policies that reconnect overall economic growth and the prosperity of the middle class. Though median household incomes have been rising in recent years, as best … Continue reading Middle Class Economics: Josh Barro nails some critical points | Jared Bernstein | On the Economy
I’m a bit behind on curating Jared Bernstein’s posts. I am merging three separate, but related, posts from the past week into one long blog.
First, the Huffington Post’s assessment: For Some Who Are Back At Work, Positive Jobs Report Doesn’t Tell The Full Story
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 … Continue reading Jared Bernstein: Full #employment, trade deficits, and the dollar as reserve currency
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.