Gasoline prices (in case you’ve been hiding in a cave and didn’t know) have been on something of a roller coaster the last few years. And it looks as though we’re climbing back up another hill at the moment. How much are the recent increases in gas prices likely to weigh down American consumers?
Author Archives: James_Hamilton
Clive Granger memorial pages
The UCSD Economics Department has set up a remembrance page in honor of Clive Granger. Those of you who contributed such moving remarks here at Econbrowser are invited to enter them also on the UCSD remembrance page, as well as to visit the other material collected there.
Do you see what I see?
I’m still looking for, and still not seeing, the economic recovery that everybody is talking about.
How to lose on a sure-fire bet
There was a wonderful story in today’s WSJ about how some big banks managed to lose some of their hard-earned TARP money.
More on disaggregate bank landing
I’d like to mention two more useful analyses of the disaggregated behavior of bank lending over the last year. The first is from James Kwak at the Baseline Scenario, and the second is a new research paper by Silvio Contessi
and Johanna Francis.
Not a robust recovery
Often after a sharp economic downturn we observe an equally dramatic recovery. But nobody can claim to be seeing that so far in the currently available data.
More on bank lending data
Further evidence on the decline in bank lending.
Supply, demand, and the price of oil
Do recently rising oil prices signal a resurgence of economic growth?
Clive W. J. Granger, 1934-2009
It is with great sadness that I report that Sir Clive Granger passed away last night. He had been a wonderful colleague and good friend.
More papers on the credit crunch
Links to some interesting papers that I recently read.