- NY Fed economist Erkko Etula finds that he can predict oil prices using the volume of broker-dealer financial assets.
- Washington University Professor James Morley and separately Kansas City Fed economist Todd Clark haven’t given up on the Great Moderation.
- My colleague Eli Berman discusses his book Radical, Religious, and Violent: The New Economics of Terrorism
- Fannie Mae and Freddie Mac may seek an increase to their $400 billion federal lifeline before the end of the year.
- Billy Hallowell puts together a blog carnival on Facing Up to the Nation’s Finances.
- Berkeley Professor Petr HoYava proposes a new theory of gravity.
Author Archives: James_Hamilton
Should the Fed be the nation’s bubble fighter?
That’s a question recently taken up by
the Wall Street Journal. Here are my thoughts.
College football playoffs
Commodity prices and the Fed
I’ve been discussing possible explanations for the recent tendency of the dollar prices of commodities to move together. On Friday we received a very useful data point for distinguishing between the different hypotheses.
Deficit links
Some quick excerpts of what others are saying.
Anemic recovery
Recent indictors continue to support the impression that we’re in the midst of a weak economic recovery.
Cash for appliances
From the folks who brought you Cash for Clunkers.
Yes the future deficits are worrisome
Factors in local house price declines
UCSD Ph.D. candidate Sam Dastrup has completed a very interesting study with his advisor Professor Richard Carson of what accounts for differences across U.S. communities in the magnitude of the decline in real estate prices that we’ve seen over the last several years.
Receiver operating characteristics curve
Travis Berge and Oscar Jorda of the University of California, Davis have an interesting new paper on statistical criteria for distinguishing economic expansions from recessions.