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econbrowser.com - 11/3/2009
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Most economists are projecting a slow recovery in terms of employment. What do historical correlations imply?
In order to investigate this question, I examine the relationship between GDP and nonfarm payroll employment over the 1986-2009 period, which encompasses the "Great Moderation". ...
baselinescenario.com - 10/30/2009
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baselinescenario.com —
Yesterday morning I testified to a Joint Economic
Committee of Congress hearing. The session discussed the latest...
GDP numbers, the impact of the fiscal stimulus earlier this year, and whether we need further fiscal expansion of any kind. I argued that a global recovery is underway and in ...
(more)
Baseline Scenario, October 30, 2009
curiouscapitalist.blogs.time.com - 10/29/2009
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curiouscapitalist.blogs.time.com —
What can we learn from this morning's surprisingly
strong 3.5% real GDP growth report ? 1) Goldman...
Sachs does not know all. The bank's economists had been on eerie run of sending out prescient alerts the day before major data releases—mainly the ...
(more)
The Curious Capitalist
businessweek.com - 10/30/2009
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businessweek.com —
By overlooking cuts in research and development, product
design, and worker training, GDP is greatly overstating the...
economy's strength
(more)
The GDP Mirage
| Prospects for Employment under Differing Econometric Specifications http://bit.ly/220z8J 11/3/2009 |
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links for 2009-11-02
Economist's View —
... Help Small Businesses Hire Again - NYTimes.com
Prospects for Employment under Differing Econometric Specifications - Econbrowser ...
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