Posts Tagged ‘great recession’

  • throwin papers quit job

    One Reason That Quitting is Good

    Apr 13, 14 • 258 Views • No Comments

    I have read that Fed Chair Janet Yellen is particularly interested in JOLTS. Representing Job Openings and Labor market Turnover Survey, JOLTS data tell an interesting story. You can see how the trend in job openings parallels the Great Recession almost...  [read more]

  • Cost of the QE3

    Monetary Policy: The Cost of QE3

    Sep 20, 13 • 728 Views • No Comments

    Quantitative easing began and continues in front of a computer. If you had visited the Fed when QE1 was being implemented, you would have seen several people, daily, sitting in front of a computer, selecting securities and then buying them. Keeping track of...  [read more]

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    Economic Ideas: The Blame Frames

    Jun 29, 13 • 463 Views • No Comments

    Analyzing the housing bubble, we can all agree with some basic facts. If you look at the Case-Shiller Index, you would see that a typical home in a major US city was worth 26% less during April 2013 than November 2006. Then, at the end of 2006, the home...  [read more]

  • Monetary Policy: QE Insight

    Jun 25, 13 • 321 Views • No Comments

    At a 2002 conference honoring Milton Friedman on his 90th birthday, then Federal Reserve Governor Ben Bernanke concluded his remarks with… “Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to you,...  [read more]

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    The US Real Estate Bubble: Was This Time Different?

    Apr 21, 13 • 360 Views • No Comments

    Our recent housing bubble has been called a unique phenomenon by economist Robert Shiller. With its national impact, a connection to houses rather than land, and a demand side surge fueled by “investor-induced speculation,” the rise and subsequent...  [read more]