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Mark Thoma
Eugene, Oregon
Professor of Economics, University of Oregon
Recent Activity
Chart of the Day: Welfare Reform and the Great Recession - Kevin Drum Shifts in the Beveridge Curve - Diamond and Sahin Core Success - Paul Krugman Types of unemployment - mainly macro How can we measure media power? -... Continue reading
Posted yesterday at Economist's View
54
David Keohane at FT Alphaville: Buiter on helicopter drops: Some further, further reading on Friday — a new paper from Citi’s Willem Buiter, on why helicopter drops of money always work. From the abstract...: Three conditions must be satisfied for... Continue reading
Posted yesterday at Economist's View
31
Via Vox EU: Minority mortgage market experiences leading up to and during the financial crisis, by Stephen L. Ross, Vox EU: The foreclosure crisis that followed the subprime crisis has had significant negative consequences for minority homeowners. This column reviews... Continue reading
Posted yesterday at Economist's View
11
The inflation "obsession" continues despite the fact that there is little evidence that inflation is likely to be a problem. Why?: Hawks Crying Wolf, by Paul Krugman, Commentary, NY Times: According to a recent report in The Times, there is... Continue reading
Posted yesterday at Economist's View
151
Why inflation remains best way to avoid stagnation - FT.com UK 2015: 2010 Déjà vu, but without the excuses - mainly macro Measuring inflation: Signal extraction redux - Cecchetti & Schoenholtz Eurasia Project on Population and Family History - Understanding... Continue reading
Posted yesterday at Economist's View
50
At MoneyWatch Who wins and loses from global trade?: Why are most economists more in favor of free trade than the general public? One reason may be that the models economists use to evaluate the impact of global trade often... Continue reading
Posted 2 days ago at Economist's View
85
Posting the video mysteriously causes formatting problems for the blog, so took it down and replaced it with link to the video: Chris Sims: Inflation, Fear of Inflation, and Public Debt Continue reading
Posted 2 days ago at Economist's View
12
Inequality Delusions - Paul Krugman Naive Keynesianism to Keep You from Believing - Brad DeLong Nominal GDP targeting for developing nations - vox The Middle Class Isn’t Buying Talk About Economic Good Times - NYT Fed to give clearer signal... Continue reading
Posted 2 days ago at Economist's View
127
Dean Baker: What does the Fed have to do with Social Security? Plenty: Most of the people who closely follow the Federal Reserve Board’s decisions on monetary policy are investors trying to get a jump on any moves that will... Continue reading
Posted 3 days ago at Economist's View
63
Beyond the Lies - Paul Krugman Are You Sure We're Not There Yet? - macroblog RBC models we can believe in? - Noahpinion Irrational exuberance meets secular stagnation - Antonio Fatas Why You Should Care About Jackson Hole - Bloomberg... Continue reading
Posted 4 days ago at Economist's View
66
I am here today: 5th Lindau Meeting on Economic Sciences 19-23 August 2014, Lindau, Germany Lindau Meeting of the Laureates of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel The 5th Lindau Meeting on Economic Sciences... Continue reading
Posted 4 days ago at Economist's View
Brad DeLong tries to make sense of the labor market: Over at Equitable Growth: In Which I Make Myself Very Confused About Cyclical Recovery: Will somebody please tell me that I have made a gross arithmetic error in what is... Continue reading
Posted 4 days ago at Economist's View
78
Antonio Fatás: Irrational exuberance meets secular stagnation: Robert Shiller warns us in the New York Times about the potential risks of high stock market valuations in the US. According to Shiller "the United States stock market looks very expensive right... Continue reading
Posted 4 days ago at Economist's View
Rajiv Sethi: The Agent-Based Method: It's nice to see some attention being paid to agent-based computational models on economics blogs, but Chris House has managed to misrepresent the methodology so completely that his post is likely to do more harm... Continue reading
Posted 4 days ago at Economist's View
15
Irrational exuberance meets secular stagnation - Antonio Fatas Are You Sure We're Not There Yet? - macroblog RBC models we can believe in? - Noahpinion The Disease of American Democracy - Robert Reich Stock Returns: Between Shiller and DeLong -... Continue reading
Posted 4 days ago at Economist's View
66
[Long, long travel day today, so just a few quick ones before hitting the road.] Steven Braun, John Coglianese, Jason Furman, Betsey Stevenson, and Jim Stock: Understanding the decline in the labour force participation rate in the United States, by... Continue reading
Posted 5 days ago at Economist's View
76
Simon Wren-Lewis: Balanced-budget fundamentalism: Europeans, and particularly the European elite, find popular attitudes to science among many across the Atlantic both amusing and distressing. In Europe we do not have regular attempts to replace evolution with ‘intelligent design’ on school... Continue reading
Posted 5 days ago at Economist's View
21
Cecchetti & Schoenholtz: To RMB or not to RMB? Lessons from Currency History: China is the world’s largest trader and (on a purchasing power parity basis) is about to surpass the United States as the world’s largest economy (see chart).... Continue reading
Posted 5 days ago at Economist's View
Why do wars still exist? Why We Fight, y Paul Krugman, Commentary, NY Times: A century has passed since the start of World War I, which many people at the time declared was “the war to end all wars.” Unfortunately,... Continue reading
Posted 5 days ago at Economist's View
83
Why central banks use models to forecast - mainly macro Political Arithmetick Becomes Measurement Economics - David Warsh Heritability & inequality - Stumbling and Mumbling Making sense of the ASA - Understanding Society Financial Liberalisation causes Volatility - Lindau Economics Continue reading
Posted 5 days ago at Economist's View
34
Roger Farmer: ...How successful was operation twist at changing the maturity structure of Treasury securities held by the public? ...I break down Treasuries held by the public as a fraction of total debt outstanding. This ... shows that although the... Continue reading
Posted 6 days ago at Economist's View
The Mystery of Lofty Elevations - Robert Shiller The ownership of the machines - Digitopoly Search in the goods market? - mainly macro The unrecognised benefits of grade inflation - vox Economics, Democracy, and the New World Order - Danny... Continue reading
Posted 6 days ago at Economist's View
122