Consider the following three examples of seasonally adjusted vs. not seasonally adjusted data.
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Trade and Financial Policy Openness in EMDE’s, 1975-2019
Working on another project, I found this interesting correlation between the IMF’s “Measure of Aggregate Trade Restrictions” (MATR) (Estafania-Flores, Furceri, Hannan, Ostry and Rose (2022)) and the Chinn-Ito (JDE 2006) measure of financial openness (KAOPEN).
Just Because You Provide a Link, Does Not Mean that Link Is Worth Reading
This reprint of a The worst statistical analysis I have seen this year is motivated by Mr. Bruce Hall’s tendency to provide any ol’ link as support for a given position (actually, I believe it’s the worst I’ve *ever* seen).
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Weekly Macro Indicators thru 2/11: Up, Up and Away, or Slow Deceleration?
Weekly indicators from Lewis-Mertens-Stock (NY Fed) Weekly Economic Indicators, and Baumeister, Leiva-Leon and Sims WECI and Woloszko (OECD) Weekly Tracker through 2/11/2023 were released today.
“We had to destroy the village in order to save it.”
I’m reminded of that statement (perhaps apocryphal) when I think of Senator Johnson’s views on Social Security. From WPR:
Weekly Macro Indicators thru 2/4/2023 and Monthly GDP
Weekly indicators from Lewis-Mertens-Stock (NY Fed) Weekly Economic Indicators, and Baumeister, Leiva-Leon and Sims WECI and Woloszko (OECD) Weekly Tracker through 2/4/2023, released today, compared against monthly GDP.
Carl Walsh Blogging “Thoughts on Fed Policy”
Carl Walsh, author of Monetary Theory and Policy, joins the econ-blogging community at his blog. His most recent post is on the four surges in inflation.
Up to 50 M-1 Abrams MBTs to Ukraine
From NYT:
The Biden administration plans to send M1 Abrams tanks to Ukraine, U.S. officials said on Tuesday, in what would be a major step in arming Kyiv as it tries to seize back its territory from Russia.
Rookie Economist Errors: A Compendium
I start teaching a couple classes tomorrow; here are some cautionary notes.
Deja Vu. Oder, “Haben Sie einen Professor zu melden?”
From Turning Point USA‘s website: