Inflation, Greedflation, Economy-wide vs. Corporate Sector
[ad_1] In a recent SF Fed Economic Letter, Sylvain Leduc, Huiyu Li, and Zheng Liu answered the question: “Are Markups Driving the Ups and Downs
Exchange Rates and Interest Rates: Some Papers
[ad_1] I’ve spent the last week seeing lots of presentations on macro and international finance. Of particular interest are some papers on interest rate parity:
CEA: “Tariffs as a Major Revenue Source: Implications for Distribution and Growth”
[ad_1] Released today by CEA: Well first a picture depicting plausibility: Onto the conclusion: Strategically targeted tariffs are an important tool to protect economic and
Four Measures of Consumer Prices for June (and Two for May)
[ad_1] In addition to CPI, we have chained CPI, CPI-wage earners, HICP, a nowcast for PCE, as well as May PCE – market based. The
Instantaneous PPI Inflation | Econbrowser
[ad_1] PPI reads above consensus: Figure 1: Month-on-Month PPI inflation (black), instantaneous PPI (blue), instantaneous core PPI (tan), for T=12, a=4 per Eeckhout (2023). Source:
Instantaneous Inflation in June | Econbrowser
[ad_1] CPI m/m (headline, core) below consensus (-0.1% vs +0.1%, +0.1 vs +0.2, respectively). Figure 1: Instantaneous inflation per Eeckhout (2023) T=12, a=4, for CPI
Nontraditional Reserve Holdings, Through 2022
[ad_1] …although incomplete data for 2022. Figure 1: Geometric average of reserve holdings (expressed in USD) for reporting central banks. Very incomplete data for 2022.
Reserve De-Dollarization in Progress? | Econbrowser
[ad_1] More articles on dollar dominance, e.g. in Foreign Policy, Wells Fargo, vs. BitcoinNews. But most of the discussion centers on dollar use in terms
An Alternative Civilian Employment Measure
[ad_1] Several observers have pointed out the gap between civilian employment as measured by the CPS, and the nonfarm payroll employment numbers obtained from the
Alternative Employment Measures of NFP
[ad_1] CPS based series adjusted to NFP way below official NFP, early benchmark. Figure 1: Nonfarm payroll employment from CES (blue), CES hours (red), QCEW