How should a well-fed American react when some of the world’s poorest citizens in Haiti and Bangladesh riot over the rising price of food?
Author Archives: James_Hamilton
Central bank independence
Former Secretary of Labor Robert Reich (hat tip: Economist’s View) offered some thoughts Friday about democracy and the Federal Reserve. Both his insights and his errors are instructive.
Some more unwelcome developments
New bankruptcies as consumer sentiment deteriorates.
Visualizing foreclosures
Via Mortgage News Clips, an interesting interactive map of Denver foreclosures in USA Today.
Oil and the Great Moderation
Another interesting paper presented at the Society for Nonlinear Dynamics and Econometrics Symposium that I attended last week was by
Anton Nakov of the Bank of Spain and Andrea Pescatori of the Federal Reserve Bank of Cleveland on the role that changes in energy markets may have played in the reduction in GDP and inflation volatility observed since 1984.
Quite the finish
Amazing championship game for the NCAA men’s college basketball tournament.
Regional propagation of business cycles
This is the second of two posts (first can be found here) based on the Craig Hiemstra Memorial Lecture that I’ll be giving in San Francisco on Friday. There I’ll be discussing some ongoing research I’ve been doing with Mike Owyang of the Federal Reserve Bank of St. Louis on regional propagation of business cycles.
Downturn in auto sales continues
Automobile sales do not bode well for first-quarter GDP.
NCAA basketball: Round 4
Sixteen entries in the
2008 NCAA Bracket Econbrowser Challenge correctly picked all of the Final Four teams in the NCAA basketball tournament, including our two leaders who also correctly picked all of the Elite Eight finalists.
NCAA basketball: Round 3
And after Round 3 of the
2008 NCAA Bracket Econbrowser Challenge we have not one but two entries (from N. Klingenstein and H. Parsley) that correctly picked all of the Elite Eight finalists. How they knew Davidson would get there is beyond me.