See if you can find when Trump makes his statement about trade negotiations with China. Winning!
Guest Contribution: “Let’s Go Back to Good Old Tariff-Cutting”
Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers. A shorter version appeared in Project Syndicate.
Trade Policy Uncertainty: US, China
Source: policyuncertainty.com
Foxconn as Case Study of Targeted Development Subsidy
Or, “Ready, fire, aim”. From Mitchell et al. “The Economics of a Targeted Economic Development Subsidy,” Mercatus Center:
Odds on USMCA Passage by End-2019
Guest Contribution: “A non-Gaussian macro world”
Today, we are pleased to present a guest contribution written by Laurent Ferrara (Professor of International Economics, SKEMA Business School, Paris), and Director, International Institute of Forecasting.
Bleg: Examples of Bad Econometrics to Teach
I’ve been tapped to teach the second course in the statistics/econometrics sequence at the La Follette School. I need examples of excruciatingly bad econometrics to discuss. Please post your suggestions as comments. In 2016, I assigned students to examine the empirical content of “business conditions” indices, like Stephen Moore’s/ALEC Economic Outlook rankings.
How the Manufacturing and Agriculture Credit Saved Wisconsin Manufacturing
Or not.
Figure 1: Manufacturing employment in US (blue), and Wisconsin (red), in logs normalized to 0 in September 2018. Light orange shading denotes Walker administration. Source: BLS, DWD, author’s calculations.
The Wisconsin Manufacturing and Agriculture Credit was fully phased in as of January 2016.
Guest Contribution: “Yet Another Look at the Recent Inversion of the Yield Curve”
Today we are fortunate to have a guest contribution written by Kim Kowalewski, formerly Senior Adviser in the Macroeconomic Analysis Division of the Congressional Budget Office.
“New Foreign Direct Investment in the United States”
Some people think that foreign direct investment into the United States has surged as confidence in the American economy has risen under Mr. Trump’s administration. The data do not support such a supposition. From BEA: