An alternative view on the dollar’s strength and trend over time.
Author Archives: Menzie Chinn
Trends in Iraq
Casualties, force levels and expenditures
Perspective on the Employment Release and Preliminary Benchmark Revision
There was a lot of discussion surrounding the BLS’s benchmark revision. Dave Altig at Macroblog has an excellent review, while Ritholz at Big Picture is perturbed about the magnitude of the data revision. Without claiming to have greater insights into why the revision is so large, I do think a look at the context would be useful.
Twin deficits redux
On the current account deficit, “We have met the enemy, and he is us”.
It’s not such a small world after all (and it’s getting bigger)
Taking a break from recession talk, I discuss some aspects of the progress of economic integration highlighted in a paper by Bergin and Glick presented at a SCCIE–JIMF conference on Financial and Commercial Integrations.
Further reflections on productivity and compensation trends
Another way to look at the relationship between productivity and real compensation.
Two Pictures and Prospects for the Dollar
The dollar weakens. Why? For how long? Against Whom?
Current Account Release for 2006q2
According to the BEA current account release (discussed by Bloomberg here) for the second quarter, net asset-based income on a Balance of Payments basis has been negative for the past three quarters.
Productivity and Compensation
A close-up picture
Measuring the U.S.-China trade balance
Some complications