The dollar weakens. Why? For how long? Against Whom?
Author Archives: Menzie Chinn
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
The July 2006 Trade Release
How surprising?
“Job Creation Continues: More than 5.7 Million Jobs Created Since August 2003” — White House
Following up on Floyd Norris’s article on how slow employment growth has been during the current expansion, as well as numerous other comments on the Web, I examine other dimensions of labor market performance.
Ex post versus ex ante benefit-cost analysis: Iraq 2003-
Now that the long-delayed Senate report on pre-Iraq War intelligence has finally put the Republican imprimatur on the well-established fact that the case for Iraqi WMD’s had been hyped (as well as the absence of a Iraq-al Qaeda link), we can return our attention to a rational benefit-cost assessment for the invasion and subsequent occupation, ex ante as well as (quasi) ex post.
Trade Deficit Watch: 2006q2
Stabilization in the non-oil trade balance arrives. What needs to happen for adjustment to continue without a recession?
The labor market and the incipient slowdown
Some other aspects of the employment release in context.
Net interest and factor payments in 2006q2
The message from yesterday’s NIPA release.