Tuesday, December 28, 2010
Hit #2. Research on the unemployment crisis also makes The Globalist Top Ten
The article—The Global Unemployment Crisis: Costs, Causes, Cures made it in the Globalist Research Center’s Top Ten Feautures of 2010. Also, see the full report on the unemployment crisis.
The article—The Global Unemployment Crisis: Costs, Causes, Cures made it in the Globalist Research Center’s Top Ten Feautures of 2010. Also, see the full report on the unemployment crisis.
Friday, December 24, 2010
Interview with Joe Stiglitz makes The Globalist’s Top Ten Features
Monday, December 13, 2010
Nobel-worthy
Avinash Dixit, who many consider deserving of the Economics Nobel Prize, was profiled in an IMF publication. See other IMF profiles of famous economists , including one of Nobel Prize-winner Joseph Stiglitz and an interview with him called “The Vindication of Joe Stiglitz”.
Avinash Dixit, who many consider deserving of the Economics Nobel Prize, was profiled in an IMF publication. See other IMF profiles of famous economists , including one of Nobel Prize-winner Joseph Stiglitz and an interview with him called “The Vindication of Joe Stiglitz”.
Sunday, December 12, 2010
China: Property Bubble in the Making?
Ashvin Ahuja, an economist with the IMF, has made a study of property prices in China. Follow the link to compare China’s housing market with others around the globe.
Hong Kong
Ashvin Ahuja, an economist with the IMF, has made a study of property prices in China. Follow the link to compare China’s housing market with others around the globe.
Hong Kong
Thursday, December 9, 2010
Whether Cyclical or Structural, Unemployment is a Human Tragedy
Is the increase in unemployment cyclical or structural? In an article released today by the IMF, Mai Dao and I summarize some new evidence on this topic. A recovery in output, using monetary and fiscal policy tools, takes too long to lift the boats of the long-term unemployed, and even then does not give them much of a lift. But whether it’s cyclical or structural, unemployment takes a severe human toll and merits a decisive policy response, as we discuss in the article. A longer version is available here.
Prakash Loungani and Mai Dao
Is the increase in unemployment cyclical or structural? In an article released today by the IMF, Mai Dao and I summarize some new evidence on this topic. A recovery in output, using monetary and fiscal policy tools, takes too long to lift the boats of the long-term unemployed, and even then does not give them much of a lift. But whether it’s cyclical or structural, unemployment takes a severe human toll and merits a decisive policy response,
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- Mobility and Political Upheaval in an Age of Inequality
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- The accuracy of long-term growth forecasts by economics researchers
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- Construction Activity Can Signal When Credit Booms Go Wrong
- Scottish Home Prices: Compatible with Euro Membership?
- Growth divergence and income inequality in OECD countries: the role of trade and financial openness
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- Housing View – January 2, 2020 [2020 AEA Annual Meeting Special Edition]
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- A Look at Housing Affordability in Asia
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- Local Capital Scarcity and Small Firm Growth: Evidence from Real Estate Booms in China
- Housing View – December 6, 2019
- Accuracy and Determinants of Self-Assessed Euro Area House Prices
- Housing Market in Hungary
- South and Midwest Regions are Gaining Larger Share of Homebuyers
- Summer reading list for the Prime Minister 2019
- Chile’s insurgency and the end of neoliberalism
- The aggregate and distributional effects of financial globalisation
- The interplay between national and parental unemployment in relation to adolescent life satisfaction in 27 countries
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- Housing View – November 29, 2019
- Finance and decarbonisation: why equity markets do it better
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- Housing View – November 22, 2019
- A Look at the Evolution of Credit as a Policy Tool
- Should Monetary Policy Take Inequality and Climate Change into Account?
- Assessing House Prices in Canada
- Housing View – November 15, 2019
- How developing countries can get ahead
- Resolving the missing deflation and inflation puzzles
- Empirical Analysis of Labor Markets over Business Cycles
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- Housing View – November 8, 2019
- Who deserves the Nobel for China’s economic development?
- Housing View – November 1, 2019
- ►October(23)
- CBO’s Economic Forecasting Record: 2019 Update
- Building Urban Resilience: An Evaluation of the World Bank Group’s Evolving Experience (2007-2017)
- Geography of desperation in America
- Trade effects of 3D printing (that you didn’t hear about)
- Housing View – October 25, 2019
- The Phillips curve: Dead or alive
- Understanding the rise in second-home buying
- Housing policies to combat the affordability crisis
- Housing View – October 18, 2019
- The link between declining middle-wage jobs, rising wage inequality, and worker welfare
- Putting Economic Policy to the Test: An economist’s real-life experiments yield surprising results
- Recession 2020?
- Drilling Down: The Impact of Oil Price Shocks on Housing Prices
- Housing View – October 11, 2019
- Reigniting Growth in Emerging Market and Low-Income Economies: What Role for Structural Reforms?
- Housing market in Thailand
- Capital City: Gentrification and the Real Estate State – Book Review
- Changing business cycles: The role of women’s employment
- We cannot build our way out of inequality
- Housing View – October 4, 2019
- Structural Reforms and Election: Evidence from a World-Wide New Dataset
- To Tackle Housing Affordability in Canada, Build More Houses
- How Mexico’s Social Spending Reduced Poverty and Income Inequality
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- Tracking uncertainty across the globe
- The Phillips Curve: a Relation between Real Exchange Rate Growth and Unemployment
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- Beyond Growth: Towards A New Economic Approach
- Housing View – September 27, 2019
- Public economics and public policy: The ideas and influence of Martin Feldstein, 1939-2019
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- Housing View – September 20, 2019
- Advancing Inclusive Growth in Cambodia
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- Manufacturing Jobs and Inequality: Why is the U.S. Experience Different?
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- Housing View – September 13, 2019
- Reallocating Public Spending to Reduce Income Inequality: Can It Work?
- Fixing Capitalism
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- Macroeconomic and Financial Policies for Climate Change Mitigation: A Review of the Literature
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- Attempting to Avoid a Recession: Fortune or Folly?
- Housing markets and inequality
- Lessons in economics from Algeria’s victory in the Africa Cup of Nations
- Good for the environment, good for business: Foreign acquisitions and energy intensity
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- Labor Market Slack and the Output Gap: The Case of Korea
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- House Prices in Lithuania
- Designing Good Labour Market Institutions: How to Reconcile Flexibility, Productivity and Security?
- Residential Mobility and Unemployment in the UK
- A Hesitant Transition: Renewable Energy Growth and Carbon Emissions
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- Okun's Law--Sectoral and Cross Country Differences
- Costs of Recessions
- Mapped: The Countries With the Highest Housing Bubble Risks
- Decoupling-Debunked
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- Housing View – July 19, 2019
- Why Is Inflation Low Globally?
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- The effects of global warming on rural–urban migrations
- Explaining High Unemployment in ECCU Countries
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- Is There a Relationship between Inflation and Unemployment?
- Real Estate Prices in Portugal
- Housing View – July 12, 2019
- Housing Market in the Euro Area
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- Wealth Inequality and Private Savings in Germany
- Grenada : Climate Change Policy Assessment
- Capital Account Liberalization and Inequality
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- Robots and Firms---A fresh perspective
- Summer Reading: Recommendations by Experts on Housing Markets
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- Housing View – June 28, 2019
- Assessing House Prices in Canada
- U.S. Housing Market
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- Housing View – June 21, 2019
- Managing House Price Booms: Evolution of IMF Surveillance and Policy Advice
- The return of the policy that shall not be named: Principles of industrial policy
- Housing Market in Ireland
- Some Snapshots of the Global Energy Situation
- Housing Market in Czech Republic
- Housing View – June 14, 2019
- House Prices in Norway
- RIP Marty Feldstein
- IMF's Ian Parry receives the IAEE's 2019 annual prize for outstanding contributions to the field
- GDP and beyond: New Zealand's well-being budget prioritizes gross national well-being
- Understanding Housing Finance: Views from Susan Wachter
- Housing View – June 6, 2019
- Animated chart of US oil production by state, 1981-2018
- Stranded! How Rising Inequality Suppressed US Migration and Hurt Those Left Behind
- Qatar: Property Market Update
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- The radical plan to change how Harvard teaches economics
- Housing View – May 31, 2019
- A case for second-best solutions in climate policy
- Housing View – May 24, 2019
- Shorter working weeks needed to tackle climate crisis
- How inequality makes us poorer
- Climate Change Heterogeneity
- The Rise of Robots in China
- Daniel Hamermesh: How Do People Spend Time?
- Energy and the Military: Leading by Example
- The new globalisation and income inequality
- Housing View – May 17, 2019
- Evolution of Macroprudential Policies in Korea
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- Housing View – May 10, 2019
- Snapshots of US Income Taxation Over Time
- Is Something Different this Time about the Effect of Technology on Labor Markets?
- Globalization, Market Power, and the Natural Interest Rate
- Global Fossil Fuel Subsidies Remain Large: An Update Based on Country-Level Estimates
- The next US recession is likely to be around the corner
- The Great Divide: Regional Inequality and Fiscal Policy
- The next US recession is likely to be around the corner
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- Revisiting the causal effect of democracy on long-run development
- Shadows and lights of globalization
- Housing View – April 26, 2019
- Forty years of inequality in Europe: Evidence from distributional national accounts
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- Housing View – April 19, 2019
- The Captain Swing Riots; Workers and Threshing Machines in the 1830s
- It’s too soon for optimism about convergence
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- Housing View – April 12, 2019
- Inclusive development in Africa
- Stability of the labour shares: evidence from OECD economies
- Mirror, mirror on the wall, who is the richest of them all?
- Rethinking the Phillips Curve: Inflation May Rise Modestly Next Year
- An Assessment of the IMF’s Unemployment Forecasts
- Illuminating Economic Growth
- Subjective Models of the Macroeconomy: Evidence From Experts and a Representative Sample
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- Assessing the Risk of the Next Housing Bust
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- Housing View – March 29, 2019
- News-driven inflation expectations and information rigidities
- The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy
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- Housing View – March 22, 2019
- Fundamental and Speculative Demands for Housing
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- Assessing House Prices with Prudential and Valuation Measures
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- Housing View – March 15, 2019
- Optimising Production: Industrial Policies in Networks
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- How finance affects income inequality
- Housing View – March 8, 2019
- Housing Market in Malta
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- ►February(34)
- Macro reasons to loath protectionism
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- Housing View – February 22, 2019
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- Labour mobility and adjustment to shocks in the euro area: The role of immigrants
- The forecasting record
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- The China shock and its impact on income inequality in Vietnam
- A Look at Housing, Mobility and Welfare
- Economics for Inclusive Prosperity (EfIP)
- Inequality of Opportunity, Inequality of Income and Economic Growth
- Housing View – February 15, 2019
- Housing Market in Croatia
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- ►January(34)
- Budget Deficits and Debt: Background and Tradeoffs
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- Public Debt Through the Ages
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- Factors in Unemployment Dynamics
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- Transmission of U.S. Monetary Policy to Commodity Exporters and Importers
- Paper Tigers
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- Wired for Work: Exploring the Nexus of Technology & Jobs
- GDP predictions are reliable only in the short term
- Housing View – December 21, 2018
- Housing Market in Cambodia
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- GDP predictions are reliable only in the short term
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- The Housing Boom Is Already Gigantic. How Long Can It Last?
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- Beyond Okun's Law: Output Growth and Labor Market Flows
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- Universal Basic Income: Debate and Impact Assessment
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- Optimal Control of a Global Model of Climate Change with Adaptation and Mitigation
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- Crowdsourcing Economic Forecasts
- Housing View – December 7, 2018
- The U.S. Just Became a Net Oil Exporter for the First Time in 75 Years
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- Housing View – November 30, 2018
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- A New Canadian Macroeconomic Database
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- Housing View – November 16, 2018
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- Fall 2018 Journal of Economic Perspectives Available On-line
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- ►October(33)
- Deregulating Job Protection: Surprising IMF/OECD Messages
- Becker Friedman Expectations Conference
- Remembering Albert Hirschman's Tunnel Effect
- Older Americans would work longer if jobs were flexible
- Expansions Don't Die of Old Age
- Timothy Taylor on Rent Control Returns
- Housing View – October 26, 2018
- Global Alcohol Markets
- Do Remittances Help Growth? A Lebanon Story
- When the Market Drives you Crazy: Stock Market Returns and Fatal Car Accidents
- More evidence that it’s really hard to ‘beat the market’
- Housing View – October 19, 2018
- Highlights of the Economic Outlook for the Euro Area
- Assessing Housing Risk
- Common factors of commodity prices
- The economics of artificial intelligence: Implications for the future of work
- The secular decline in US employment over the past two decades
- Housing and Macroeconomics
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- Housing View – October 12, 2018
- Inequality in and across Cities
- Why Has the Stock Market Risen So Much Since the US Presidential Election?
- Georgia: Residential Property Price Index
- Gender, Technology, and the Future of Work
- Economic Gains from Gender Inclusion: New Mechanisms, New Evidence
- Fun Facts about the Nobel Prize
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- Housing View – October 5, 2018
- Why economy watchers obsess over the U.S. monthly jobs report
- Measuring unfair inequality
- Sectoral Booms and Misallocation of Managerial Talent: Evidence from the Chinese Real Estate Boom
- House Price Synchronization and Financial Openness: A Dynamic Factor Model Approach
- House Prices in Philippines
- ►September(26)
- Francesco Saraceno on the End of the (Macro) Consensus
- Technology and the Future of Work
- Housing View – September 28, 2018
- What is the yield curve forecasting?
- Underemployment in the US and Europe
- Growth and well-being: policy should not be based on GDP alone
- Housing View – September 21, 2018
- House Prices and Labor Mobility in Norway: A Regional Perspective
- Affordable Housing: Views from Albert Saiz
- Urban Revitalization: The View from the Trenches
- RIP Deena Khatkhate, far-sighted IMF and RBI economist
- Systemic Banking Crises Revisited
- Housing View – September 14, 2018
- Fintech, Inclusive Growth and Cyber Risks in the MENAP and CCA Regions
- Housing Market Developments in Austria
- House Prices in Portugal
- Carbon Taxation for International Maritime Fuels: Assessing the Options
- New Evidence that Unions Raise Wages for Less-Skilled Workers
- A Shorter Work Week?
- Understanding the Decline of U.S. Manufacturing Employment
- Housing View – September 7, 2018
- Housing Market in Latvia
- RIP Herman Stekler, A Forecasting Giant
- The Measurement and Macro-Relevance of Corruption
- How can central banks deal with climate change risks?
- Mitigation Policies for the Paris Agreement: An Assessment for G20 Countries
- ►August(22)
- Housing View – August 31, 2018
- What Drives OPEC’s Quota Decisions?
- Does Globalization Lower Tax Rates?
- Counting the Oil Money and the Elderly: Norway's Public Sector Balance Sheet
- The Economic Impact of Policies to Boost the Employment of Saudi Nationals
- Housing View – August 24, 2018
- Credit Supply and Housing Speculation
- Victories Against Air Pollution
- Forecasting Failures and the Need for Automatic Stabilizers
- Employment Protection Deregulation and Labor Shares in Advanced Economies
- Housing View – August 17, 2018
- Inequality in the Middle East
- The Global Liveability Index 2018
- Per Capita Income, Consumption Patters, and CO2 emission
- Housing View – August 10, 2018
- Housing Market in Hungary
- The Impact of Higher Temperatures on Economic Growth
- Twin Deficits in Developing Economies
- Predicting Fiscal Crises
- Housing View – August 3, 2018
- What Are Economists Getting Wrong Today?
- International Corporate Tax Avoidance: A Review of the Channels, Magnitudes, and Blind Spots
- ►July(40)
- Happy 106th birthday on July 31, Milton Friedman!
- Housing Price, Credit, and Output Cycles: How Domestic and External Shocks Impact Lithuania’s Credit
- Housing Market in Singapore
- Twin Deficits in Developing Economies
- Difficulties of Making Predictions: Global Power Politics Edition
- Heterogeneity and Persistence in Returns to Wealth
- Housing Market in China
- Housing View – July 27, 2018
- Housing Market in Slovak Republic
- House Prices in Peru
- Fundamental Drivers of House Prices in Advanced Economies
- Housing in Romania
- Income inequality in the U.S. by state, metropolitan area, and county
- EIU global forecast - Growth will slow in 2019
- Is the Cycle the Trend? Evidence from the Views of International Forecasters
- The Globalization of Farmland
- Housing View – July 20, 2018
- Carbon Dioxide Emissions: Global and US
- A carbon tax would be less regressive than energy efficiency standards
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- ►June(51)
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- Housing View – June 8, 2018
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- ►May(53)
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- ►February(26)
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- ►November(15)
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- ►October(17)
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- ►August(13)
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- ►June(18)
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- LTV and DTI Limits—Going Granular
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- Jobs & Inequality: Special Feature in Finance & Development
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- House Prices in Slovenia
- Tom Sargent on U.S. and Europe: A Blast from the Past
- Oil Prices and Employment: Some Evidence from US States
- Is Manufacturing Still a Key to Growth?
- International Jobs Report: It's Not Just About US
- The Secret of the (Economic) Universe
- Labour mobility in the EU: dynamics and policies
- Persistent Overoptimism about Economic Growth
- On Groundhog Day, Honoring A Forecasting Giant
- Global Housing Watch Newsletter
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- Labor Rewarded
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- The Science of Inequality
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- ►April(7)
- Global House Prices: Continue Rising
- Minimum Wages and Employment
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- IMF's World Economic Outlook--April 2014
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- Global House Prices: falling, recovering, or bubbling?
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- House Prices in Austria
- U.S. “Structural” Unemployment: Updated Estimates
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- A Marxist theory is (sort of) right
- ►August(8)
- Stan Fischer: A Class Act
- Florida vs. Spain: Labor Mobility within Currency Unions
- The Driving Force behind Construction in Europe
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- Great Recession and Not-So-Great Recovery
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- How the IMF became the friend who wants us to work less and drink more
- Why is the Global Recovery So Weak?
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- How Labor Markets Can Support Workers, Economic Growth
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- Tom Sargent on European and U.S. Economic Woes—and History
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- Manufacturing: Hope or Hopeless?
- Global Think Tanks Rankings
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- How Inequality Damages Economies
- The Good, the Bad and the Ugly (Boom, Gloom or Doom?): Global GDP Outlook from Ethan Harris
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- Energy Security: Depend, but Diversify
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- Econbrowser on Energy Independence
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- Oil price hike fuels recession fears
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