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Il y a 3 jours · We also used a technique called Blinder-Oaxaca Decomposition. This was developed by economists Alan Blinder and Ronald Oaxaca to identify how much of an issue was due to characteristics seen in the dataset, and how much was due to factors that could not be captured by data such as the types of activities offered in youth clubs. What we found
Il y a 4 jours · ALAN BLINDER: People often emphasize the soft part of soft landing and forget about the landing part. You need to slow down. HORSLEY: Powell has said he and his colleagues don't want to see any further slowing in the job market, which is why the central bank is about to start cutting interest rates in less than two weeks.
Il y a 4 jours · Princeton economist Alan Blinder, who used to be vice chair of the Federal Reserve, says that's probably about what the current Chairman Powell is hoping for, as he and his colleagues try to...
Il y a 4 jours · One reaction to this grand failure has been for many “freshwater” types to simply declare everything since 1970 a big mistake. Just go back to ISLM from 1960s and 1970s undergraduate textbooks. Alan Blinder’s Monetary and Fiscal History is basically a book-length version of this argument, also made loudly by Paul Krugman. Lots of policy ...
Il y a 3 jours · The former Federal Reserve vice chairman Alan Blinder points out that using strict definitions, the United States has been able to achieve such a soft landing only once before in the past 60 years. In recent remarks, Jerome Powell, the chairman of the Fed, has all but declared victory and he deserves considerable praise for getting the balance of policy about right through some very ...
Il y a 3 jours · According to a much-cited academic study by Alan S. Blinder and Mark W. Watson, that’s been true at least since from the Truman administration through Barack Obama’s first term, and is true in every major economic category: GDP growth, job creation, unemployment, growth in real wages and controlling inflation. (That last very much the topic ...
Il y a 5 jours · In addition, similar to Blinder et al. (2008), the Chinese central bank reports are released regularly and are less likely to be affected by firms’ activities. Thus, the sentiments of central bank reports are relevant to the term structures (i.e., B t ), but are exogenous with other structural shocks besides the term structural shocks in ɛ t ( Fasani et al., 2023 ).
