• Jeff Frankels Weblog

  linked to by 2 other blogs recently

  http://content.ksg.harvard.edu/blog/jeff_frankels_weblog

  Views on the Economy and the World

  recession financial crisis fiscal stimulus

Most recent posts

• Nominal GDP Targeting is Left, Right?

  posted to Jeff Frankels Weblog on Thu 2nd May 13

  The recent surge in interest in Nominal GDP Targeting, as an alternative to money targeting or inflation targeting if the central bank is to commit to a nominal target of some sort, has prompted some pushback. This is not surprising. But one of the responses

• Fear of Fracking: The Problem with the Precautionary Principle

  posted to Jeff Frankels Weblog on Thu 18th Apr 13

  An amazing thing has happened over the last five years. Against all expectations, American emissions of carbon dioxide into the atmosphere, since peaking in 2007, have fallen by 12%, back to 1995 levels. (As of 2012. US Energy Information Agency).How can this

• McKinnons Claim that RMB-$ Appreciation would not Reduce Trade Imbalances

  posted to Jeff Frankels Weblog on Sun 10th Mar 13

  The International Economy magazine (Winter 2013) asks 16 authorities, “Can Changes in Exchange Rate Valuations Affect Trade Imbalances?“ It is referring to the claim in a recent book by Stanford economist Ron McKinnon that pressure on Chinato let

Most popular posts

• Ten Ways to Move the Budget Back Toward a Sustainable Path

  posted to Jeff Frankels Weblog on Wed 2nd Dec 09

  The National Journal asks President Obama and his team said recently that the fiscal 2011 budget will represent a credible effort to reduce budget deficits and put the federal government on a path toward “sustainable” deficits How would you alter

• The labor market has NOT yet signaled a turning point

  posted to Jeff Frankels Weblog on Mon 8th Jun 09

  The rate of decline in employment fell abruptly in May, according to the BLS figures released June 5, to about half the monthly rate of job loss recorded over the preceding six months (345,000 vs. 642,000). The news was received in a variety of ways. First,

• Job Market Confirms End of Recession

  posted to Jeff Frankels Weblog on Mon 5th Apr 10

  The recession is over. The last piece has fallen into place, with the BLS announcement that employment rose in March.Identifying the beginnings and ends of recessions has been difficult in recent decades because the two most important indicators, output and

Latest posts linking here

• Noted for May 4, 2013

  posted to Grasping Reality with Both Hands: Economist Brad DeLong's Fair, Balanced, and Reality-Based Semi-Daily Journal on Fri 3rd May 13

  Jeffrey Frankel: Nominal GDP Targeting is Left, Right?: "The recent surge in interest in Nominal GDP Targeting, as an alternative to money targeting or inflation targeting if the central bank is to commit to a nominal target of some sort, has prompted some

• Links for 05-03-2013

  posted to Economist's View on Fri 3rd May 13

  More services means longer recoveries - The Berkeley BlogComment on Reinhart and Rogoff's FT article - Jonathan PortesGovernment Spending Cuts Contribute to Slower Growth - NYTAll About Spherically Distributed Regression Errors - Dave GilesStolen from Brad's

• Noted for April 20, 2013

  posted to Grasping Reality with Both Hands: Economist Brad DeLong's Fair, Balanced, and Reality-Based Semi-Daily Journal on Sat 20th Apr 13

  Paul Krugman: Correlation, Causality, and Casuistry: "One last thing: even if you take Dubes forward-looking regression as a causal relationship, which you shouldnt, notice how weak that relationship is in the relevant range. It looks as if raising debt from