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Econbrowser

Analysis of current economic conditions and policy

Russian Forces in Ukraine

Edit/update 8/30:

T72BM_in_Ukraine

T72BM (only known to be in service in the Russian army) in Ukraine, 8/26. Source: IISS

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This entry was posted on August 28, 2014 by Menzie Chinn.

Guest Contribution: “The Cause of Secular Stagnation? Relative Prices, Trade, and the People’s Republic of China”

Today we are fortunate to have a guest contribution written by Doug Campbell, assistant professor at the New Economic School (Moscow).


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This entry was posted on August 27, 2014 by Menzie Chinn.

I Killed Some Brain Cells Today: Episode 2

“Energy regulation efficiency” and economic growth.

Last time, we turned to the Phoenix Institute for some mind-numbing, soul-killing “research”. Today we look to the Pacific Research Institute for some dumbfounding “analysis”.

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This entry was posted on August 25, 2014 by Menzie Chinn.

What did quantitative easing accomplish?

Roger Farmer has taken a new look at an issue concerning the Federal Reserve’s program of large-scale asset purchases (referred to in the popular press as “quantitative easing”) that I’ve been discussing on Econbrowser and in my research with University of Chicago Professor Cynthia Wu for some time.

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This entry was posted on August 24, 2014 by James_Hamilton.

New Quarterly Gross State Product Series: Wisconsin and Minnesota

The BEA has released a new quarterly Gross State Product (GSP) series for states — a tremendous innovation for those of us interested in tracking state economies.

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This entry was posted on August 22, 2014 by Menzie Chinn.

Chinn-Ito Financial Openness Index Updated to 2012

The Chinn-Ito index revised and updated to 2012 is now available here.

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This entry was posted on August 22, 2014 by Menzie Chinn.

UCSD graduate program in economics

I saw an interesting statistic in the latest issue of Journal of Economic Perspectives. If you rank North American economics Ph.D. programs in terms of the publishing success of their median student in the first six years after graduating, UCSD comes in second.

Number one? Seems to be Princeton.

This entry was posted on August 21, 2014 by James_Hamilton.

(Not) The Leader of the Pack: Wisconsin and Her Neighbors

Today the Philadelphia Fed released coincident indices (measures of aggregate economic activity) for the states and the US. Wisconsin outperforms Kansas — a very low bar — and yet has lagged all her neighbors.

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This entry was posted on August 20, 2014 by Menzie Chinn.

Wisconsin Employment Trends in Context

Following up on last Thursday’s post, here is a depiction of how Wisconsin and Kansas — ALEC darlings — fare against Minnesota and California.

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This entry was posted on August 18, 2014 by Menzie Chinn.

Implications of Procyclical Fiscal Policy: Wisconsin Edition

I’ve read several comments lauding the move toward a structural budget balance in Wisconsin under Governor Walker’s administration. I decided to take a look at what the actual evidence for a surplus is, and what the economic impact has been of policies purported to improve economic performance.

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This entry was posted on August 18, 2014 by Menzie Chinn.

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Authors

James D. Hamilton is Professor of Economics at the University of California, San Diego

Menzie Chinn is Professor of Public Affairs and Economics at the University of Wisconsin, Madison

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