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National Association for Business Economics (NABE)
NABE Economic Measurement Seminar: July 30-31, 2012 Now in its 9th year, The NABE Foundation's Economic Measurement Seminar is a convenient, cost-effective program designed to strengthen your knowledge of economic statistics and analytical techniques, enhancing your ability to add value in your workplace. Each session at the EMS pairs data producers with prominent data users to provide you with an insightful view of how data are compiled and how they are used by leading analysts.Open IIS Help , which is accessible in IIS Manager (inetmgr), and search for topics titled Web Site Setup , Common Administrative Tasks , and About Custom Error Messages .
On-Line Economic Resources
At the height of the foreclosure crisis the problems experienced by some so-called “sprawl” markets, like Phoenix and San-Bernardino-Riverside, led some observers to see the largest price declines as largely confined to outer ring suburbs. Some analysts who had long been predicting (even hoping for) the demise of the suburbs skipped right over analysis to concoct theories not supported by the data. The mythology was further enhanced by the notion – never proved – that high gas prices were forcing home buyers closer to the urban core.
The Myth of the Strong Center | Newgeography.com
A couple weeks ago the Federal Reserve announced results of the latest Comprehensive Capital Analysis and Review (CCAR), aka stress test, for large banks. The stress scenario included 13% unemployment, a 50% drop in stock prices and a further 20% drop in housing prices. Basically, the scenario is a severe double dip recession. In order to “pass” the test, each bank had to estimate loan losses over a nine quarter horizon and show that they would remain in compliance with all capital requirements. That is, capital today must be sufficient to absorb any losses due to the difficult economic scenario and still maintain a surplus relative to the capital standards.
The CERF Blog | Center for Economic Research and Forecasting
Economics - Wikipedia, the free encyclopedia
For a topical guide to this subject, see Outline of economics . Economics is the social science that analyzes the production , distribution , and consumption of goods and services . The term economics comes from the Ancient Greek οἰκονομία ( oikonomia , "management of a household, administration") from οἶκος ( oikos , "house") + νόμος ( nomos , "custom" or "law"), hence "rules of the house(hold)". [ 1 ] Political economy was the earlier name for the subject, but economists in the latter 19th century suggested 'economics' as a shorter term for 'economic science' that also avoided a narrow political-interest connotation and as similar in form to ' mathematics ', 'ethics', and so forth. [ 2 ]
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A parable about how one nation came to financial ruin. - By Char
Modern Keynesians base their ideas on a version of Keynes’ General Theory that assumes that prices and or wages are “sticky” (Clarida et al 1999). In a pair of columns, I summarise results from a research agenda that reconciles Keynesian economics with Walrasian general equilibrium theory in a new way that does not assume “sticky prices”. This column concentrates on economic theory. The next column explains how my ideas are connected with previous attempts to reconcile these Keynesian and classical ideas, and it draws out the implications of my work for economic policy. My research focuses on two key ideas from Keynesian economics and one from microeconomic theory.
Macroeconomics for the 21st century: Part 1, Theory | vox - Rese
The chief economist for the International Monetary Fund, Olivier Blanchard, recently argued that Western economies should accept inflation rates of up to 4 percent. State meddling in the economy may not be such a bad thing either, he argues. Leading economists are unimpressed. In 1972, Helmut Schmidt, then Germany's minister for both economics and finance, declared at an election campaign appearance that "5 percent inflation is easier to bear than 5 percent unemployment." When Schmidt became chancellor of West Germany just two years later, he got both. Inflation soared to 4.9 percent, while unemployment reached 7 percent, its highest level since the end of World War II.
IMF Musings: Can Higher Inflation Be a Good Thing? - SPIEGEL ONL
Newgeography.com | Economic, demographic, and political commenta
It hurts. When a bigtime Harvard economist writes off your city as a loss, and says America should turn its back on you, it hurts. But Ed Glaeser’s dart tossing is but the smallest taste of what it’s like to live in place like Buffalo.
economic history - Bubblegeneration - Swicki swicki - powered by
The Economic History Association was founded in 1940. Its purpose is to encourage and promote teaching, research, and publication on every phase of ec...For Chicago (and the U.S.), no one would argue that economic conditions have approached a state of full recovery. Almost three years into the expansionary phase of recovery from the 2008–09 recession, Chicago’s unemployment rate remains lodged near 9 percent. Yet, these three years of expansion may be telling in other ways. That is, comparing Chicago’s current experience with its past recovery experiences can provide insights into the structure and outlook for Chicago’s economy. As seen in the chart, the Chicago area’s unemployment rate is typically slower to recover from recessions than the U.S. overall.
Midwest Economy
US & Canada - Self-doubt tarnishes Brand America
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