Two extremely useful books on China and the Chinese Currency: The Oxford Companion to the Economics of China and Renminbi Internationalization: Achievements, Prospects, and Challenges.
Author Archives: Menzie Chinn
Quasi-Stylized Facts about Employment after Troughs
Reader rtd writes: “…it is virtually guaranteed that after a nation’s business cycle trough, that same nation’s employment growth will display an upward trend”, but when asked about the euro area, argues “The Eurozone is a conglomerate of nations with varying fiscal policies, ideologies, cultures, and the list goes on and on. Please don’t compare apples with hand grenades.”
Private Employment under Obama and Bush
Reader Move On admonishes me to … move on. So here is job creation in this Administration, in comparative perspective.
Wisconsin: Only 93,200 Net New Jobs Needed in January 2015 to Hit Governor Walker’s 250,000 Jobs Target
According to WI DWD statistics released today.
Guest Contribution: “Measuring the On-going Changes in China’s Capital Controls”
Today we are fortunate to have a guest contribution by Jinzhao Chen (Paris School of Economics) and XingWang Qian (SUNY Buffalo State). This post is based on this paper.
Guest Contribution: “What Drives Housing Dynamics in China?”
Today we are fortunate to have a guest contribution written by Timothy Bian (University of International Business and Economics, China) and Pedro Gete (Georgetown University).
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IMF World Economic Outlook Update
From the IMF:
Global growth will receive a boost from lower oil prices, which reflect to an important extent higher supply. But this boost is projected to be more than offset by negative factors, including investment weakness as adjustment to diminished expectations about medium-term growth continues in many advanced and emerging market economies.
“Inflation’s Looming Shadow”
Paul Ryan in October 2009 writes:
“One of my key concerns is on the inflation front….”
Hottest on Record
Global temperatures in 2014, that is.
The SNB Removes the Cap
Commenting on what has been termed “Francogeddon” and a “tsunami” as well as consequent mayhem, Joe Weisenthal at Bloomberg/Business Week writes:
“Today the Swiss National Bank shocked the world when it announced it would remove the cap it had in place to prevent the Swiss franc from rising too high against the euro.”