On Wednesday, October 17.
Wednesday, October 17, 2018, 12:00PM – 2:00PM
Location: Grainger Hall, 975 University Avenue, Plenary Room
Asoka Mody, visiting professor in international economic policy at Princeton University, will discuss his recent book, followed by comments from La Follette School Professors Menzie Chinn and Mark Copelovitch.
Sponsored by the La Follette School of Public Affairs, Center for European Studies, University Lectures Fitch Fund, Department of Political Science.
Contact: [email protected].
Ashok’s guest posts here: A Program for Greece: Follow the IMF’s Research, The ECB and the Fed: A Comparative Narrative, The European Central Bank’s Lack of Accountability Has Consequences, and The ECB’s Strong Euro Problem
That’s from WaPo. In 2017, the US exported 1.2 billion bushels to China: North Dakota’s orphan soybeans today are nearly 1/5 of total sales to China in 2017…
Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers. A shorter version appeared in Project Syndicate.
Implicitly, Trump is saying John Taylor is crazy, since the original Taylor rule would imply even faster rises in the Fed funds rate (I am inferring from Professor Taylor’s discussion of neutral rates. Below I plot the implied Fed funds rate, assuming no interest rate smoothing, the Laubach-Williams one-sided estimate of the real natural rate, and a target variable of 4 quarter PCE inflation.
A reader alerts me – from CNBC, indications farmers are going to take a hit, as export volume drops off a cliff.
United States tariffs are beginning to take their toll on farmers and the storage, shipping and freight operations they need to move their crops to market.
In North Dakota, soybeans from 2017 are still in storage after China pulled its contracts. Of the 15.9 million bushels left from that year’s crop, 12.1 million bushels are sitting in grain elevators. That is an increase of 68 percent.
Has spending on international travel to and tourism in the US dropped more than expected based on world GDP and the value of the dollar? Yes.
Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers.
As international tourist arrivals have risen globally, those for the US have declined, as noted here.
Taxes announced, proposed, on Chinese imported goods. Or, shoot yourself in the foot edition.
How does a tariff work? A tariff is a tax on imported goods, so if a Chinese good is sold to an American, the American literally has to pay the tax.