That’s the title of this year’s Robert M. La Follette School of Public Affairs Spring Symposium, on April 3 (organized by Mark Copelovitch and myself):
More information and registration here.
Our spring symposium two years ago focused on Europe in Crisis, bringing in Gillian Tett (FT), and Peter Hall (Harvard) as keynote speakers.
Today, we are fortunate to present a guest contribution written by Ashoka Mody, Charles and Marie Visiting Professor in International Economic Policy, Woodrow Wilson School, Princeton University. Previously, he was Deputy Director in the International Monetary Fund’s Research and European Departments.
The President’s budget document included a table (S-9) including GDP forecasts (q4/q4). How much of an outlier are these forecasts? I let readers decide.
California GDP has grown a cumulative 13 percentage points more than Wisconsin over the Brown and Walker years. Employment, 10 percentage points…
The benchmark revisions halved the 2018 growth rate from 1.64% to 0.82%.
Figure 1: Wisconsin nonfarm payroll employment from December 2018 release (red), from January 2019 release (blue), in 000’s, s.a. Light green shading denotes benchmarked data. Source: BLS.
Or. Oops. (Again).
He’s made a lot more work for me over the past two years — re-arranging and updating lecture slides. One thing is moving up and emphasizing what a recession is (a 20 year old student doesn’t remember the last one, really), and what current indicators are flashing. (You can imagine what it’s done for my international trade class!)
Laura Elise Schwendinger Artemisia
Or more correctly, in Mr. Trump. As reported by Bloomberg, Mr. Trump has said:
“a gentleman that likes raising interest rates in the Fed, we have a gentleman that loves quantitative tightening in the Fed, we have a gentleman that likes a very strong dollar in the Fed.”