https://andolfatto.blogspot.com/2010/10/
MacroMania: October 2010
october
https://andolfatto.blogspot.com/2016/04/how-old-were-inventors-of-major.html
MacroMania: How old were the inventors of major inventions?
I came across this fun column the other day listing a number of Famous Inventions , like the airplane, the camera, electricity, the car, e...
how oldthe inventorsmajorinventions
https://andolfatto.blogspot.com/2016/03/secular-stagnation-then-and-now.html?m=0
MacroMania: Secular stagnation then and now
Secular stagnation refers to a prolonged and indefinite period of slow growth and high unemployment (or subnormal factor utilization). Whe...
secular stagnation
https://andolfatto.blogspot.com/2017/08/a-monetary-fiscal-theory-of-inflation.html
MacroMania: A monetary-fiscal theory of inflation
On December 17, 2015, the FOMC has raised its policy rate (IOER) from 25bp to 50bp. It has since raised the IOER rate three more times to 1...
fiscal theorymonetaryinflation
https://andolfatto.blogspot.com/2014/06/
MacroMania: June 2014
june
https://andolfatto.blogspot.com/2014/01/
MacroMania: January 2014
january
https://andolfatto.blogspot.com/2012/02/what-output-gap.html
MacroMania: What output gap?
James Bullard In case you haven't seen it, you may be interested in this speech given recently by Jim Bullard, president of the St. Lou...
outputgap
https://andolfatto.blogspot.com/2017/04/the-st-louis-feds-macroeconomic-outlook.html?m=0
MacroMania: The St. Louis Fed's Macroeconomic Outlook
St. Louis Fed president James Bullard recently gave this speech on the U.S. macroeconomic outlook. The key themes of his talk were: The ...
st louisfedmacroeconomicoutlook
https://andolfatto.blogspot.com/2011/12/beveridge-curves-for-36-us-cities.html
MacroMania: Beveridge Curves for 36 U.S. Cities (updated)
On October 9, 2010, I posted some regional vacancy-unemployment data for the United States; see: Beveridge Curves for 36 U.S. Cities . M...
u sbeveridgecurvescitiesupdated
https://andolfatto.blogspot.com/2012/02/what-output-gap.html?m=0
MacroMania: What output gap?
James Bullard In case you haven't seen it, you may be interested in this speech given recently by Jim Bullard, president of the St. Lou...
outputgap
https://andolfatto.blogspot.com/2012/04/what-really-constrains-bank-lending.html
MacroMania: What really constrains bank lending
Thought I would share an interesting article by John Carney: What Really Constrains Bank Lending . If anyone out there has worked in the...
reallyconstrainsbanklending
https://andolfatto.blogspot.com/2011/03/?m=0
MacroMania: March 2011
march
https://andolfatto.blogspot.com/2023/07/
MacroMania: July 2023
july
https://andolfatto.blogspot.com/2013/10/
MacroMania: October 2013
october
https://andolfatto.blogspot.com/2014/03/?m=0
MacroMania: March 2014
march
https://andolfatto.blogspot.com/2010/05/?m=0
MacroMania: May 2010
may
https://andolfatto.blogspot.com/2016/03/does-fed-have-credibility-problem.html
MacroMania: Does the Fed have a credibility problem?
Former Minneapolis Fed president Narayana Kocherlakota thinks that the Fed's recent communication strategy has resulted in an unforced "cre...
the fedcredibilityproblem
https://andolfatto.blogspot.com/2019/05/
MacroMania: May 2019
may
https://andolfatto.blogspot.com/2013/09/?m=0
MacroMania: September 2013
september
https://andolfatto.blogspot.com/2018/
MacroMania: 2018
https://andolfatto.blogspot.com/2015/08/arguments-for-and-against-lift-off.html
MacroMania: Arguments for and against lift off
Should the Fed raise its policy rate this September or not? Seems like a lot of people want to know. For those not following the discussion...
for and againstargumentslift
https://andolfatto.blogspot.com/2015/08/?m=0
MacroMania: August 2015
august
https://andolfatto.blogspot.com/2011/04/ron-paul-on-bernankes-press-conference.html?m=1
MacroMania: Ron Paul on Bernanke's Press Conference
CNBC interview with Congressman Ron Paul yesterday (April 28, 2011); click here . The interviewer begins by quoting a statement Paul made ...
ron paulbernankepressconference
https://andolfatto.blogspot.com/2009/04/?m=0
MacroMania: April 2009
april
https://andolfatto.blogspot.com/2016/05/?m=0
MacroMania: May 2016
may
https://andolfatto.blogspot.com/2015/12/schumpeterian-growth-and-secular.html?m=0
MacroMania: Schumpeterian growth and secular stagnation
What is secular stagnation? The "secular" part suggests something that's persistent--in the order of decades (as opposed to the 2-5 yea...
growthsecularstagnation
https://andolfatto.blogspot.com/2012/
MacroMania: 2012
https://andolfatto.blogspot.com/2011/
MacroMania: 2011
https://andolfatto.blogspot.com/2013/12/labor-force-participation-gaps-us-vs.html
MacroMania: Labor Force Participation Gaps (U.S. vs. Canada)
This post is meant as a complement to my earlier posts: [1] Employment Gaps , [2] Employment Slumps in Canada and the U.S. , and [3] U.S. L...
labor force participationu sgapsvscanada
https://andolfatto.blogspot.com/2015/09/
MacroMania: September 2015
september
https://andolfatto.blogspot.com/2010/
MacroMania: 2010
https://andolfatto.blogspot.com/2008/12/
MacroMania: December 2008
december
https://andolfatto.blogspot.com/2010/05/volcker-rule.html
MacroMania: The Volcker Rule
A number of my colleagues and myself (at the FRB St Louis) attended a meeting yesterday with Paul Volcker to hear him opine on the so-called...
volckerrule
https://andolfatto.blogspot.com/2018/03/?m=0
MacroMania: March 2018
march
https://andolfatto.blogspot.com/2010/05/euro-crisis.html
MacroMania: The Euro Crisis
An interesting piece today in Spiegel: The Euro Crisis . Take a look at this (a few pics reproduced below).
the eurocrisis
https://andolfatto.blogspot.com/2013/11/?m=0
MacroMania: November 2013
november
https://andolfatto.blogspot.com/2018/03/inflation-and-unemployment-part-2.html?m=1
MacroMania: Inflation and Unemployment (Part 2)
In my previous post ( Inflation and Unemployment ), I reviewed what I thought was a fair characterization of the way the Federal Reserve Bo...
inflationunemploymentpart
https://andolfatto.blogspot.com/?m=1
MacroMania
https://andolfatto.blogspot.com/2010/04/are-mortgage-defaults-driving-consumer.html
MacroMania: Are Mortgage Defaults Driving Consumer Demand?
Came across this "funny" story: Mortgage Defaults May be Driving Consumer Spending . You've got to like this one: First he describes a case ...
mortgagedefaultsdrivingconsumerdemand
https://andolfatto.blogspot.com/2013/09/ngdp-targeting-and-taylor-rule.html
MacroMania: NGDP targeting and the Taylor Rule
Chris Waller pointed out to me this morning that the NGDP target is formally equivalent to a special case of the Taylor rule. (Maybe this ...
ngdp targetingand thetaylorrule
https://andolfatto.blogspot.com/2021/03/is-it-time-for-some-unpleasant.html
MacroMania: Is it time for some unpleasant monetarist arithmetic?
The title of this post alludes to a paper written by Tom Sargent and Neil Wallace 40 years ago " Some Unpleasant Monetarist Arithmetic ." Th...
time forunpleasantarithmetic
https://andolfatto.blogspot.com/2016/11/
MacroMania: November 2016
november
https://andolfatto.blogspot.com/2012/01/using-beveridge-curve-dynamics-to.html
MacroMania: Using Beveridge curve dynamics to identify cyclical and structural shocks
I recently gave a short presentation to the Board of Directors of the Louisville branch of the St. Louis Fed. Following my presentation (wh...
usingbeveridgecurvedynamics
https://andolfatto.blogspot.com/2017/02/?m=0
MacroMania: February 2017
february
https://andolfatto.blogspot.com/2016/03/is-bitcoin-safe-asset.html
MacroMania: Is Bitcoin a Safe Asset?
You're probably thinking no , of course not. The dollar price of bitcoin can be quite volatile (see here ). One can easily gain or lose 50%...
bitcoinsafeasset
https://andolfatto.blogspot.com/2017/11/tyler-cowen-on-central-bank.html
MacroMania: Tyler Cowen on Central Bank Cryptocurrencies
I enjoy reading Tyler Cowen and have learned a lot from his columns. So before I criticize his most recent effort, I want to thank him for...
tyler cowencentral bankcryptocurrencies
https://andolfatto.blogspot.com/2014/11/?m=0
MacroMania: November 2014
november
https://andolfatto.blogspot.com/2011/10/?m=0
MacroMania: October 2011
october
https://andolfatto.blogspot.com/2018/09/
MacroMania: September 2018
september
https://andolfatto.blogspot.com/2014/09/
MacroMania: September 2014
september
https://andolfatto.blogspot.com/2010/07/
MacroMania: July 2010
july
https://andolfatto.blogspot.com/2018/01/
MacroMania: January 2018
january
https://manpages.ubuntu.com/manpages/xenial/man3/Locale::RecodeData::MACROMANIA.3pm.html
Ubuntu Manpage: Locale::RecodeData::MACROMANIA - Conversion routines for MACROMANIA
Conversion routines for MACROMANIA
ubuntumanpagelocaleconversionroutines
https://andolfatto.blogspot.com/2009/11/?m=0
MacroMania: November 2009
november
https://andolfatto.blogspot.com/2022/?m=0
MacroMania: 2022
https://andolfatto.blogspot.com/2011/10/
MacroMania: October 2011
october
https://andolfatto.blogspot.com/2010/05/liquidity-and-debt.html
MacroMania: Liquidity and Debt
The empirical evidence shows that throughout history, money (broadly defined to constitute assets that circulate widely as media of exchange...
liquiditydebt
https://andolfatto.blogspot.com/2010/03/wsj-why-financial-reform-is-stalled.html
MacroMania: WSJ: Why Financial Reform is Stalled
Came across this excellent article today, by Peter J. Wallison. In case you haven't seen it, click here . In a nutshell, he criticizes the ...
financial reformwsjstalled
https://andolfatto.blogspot.com/2010/10/in-praise-of-older-women.html
MacroMania: In Praise of Older Women
By all accounts, the U.S. employment picture looks bad. But what do we mean by "bad?" The most common way to demonstrate how bad it is, is v...
in praise ofolderwomen
https://andolfatto.blogspot.com/2021/02/
MacroMania: February 2021
february