Menzie Chinn | TalkMarkets | Page 1

Menzie Chinn

Professor of Public Affairs and Economics at the University of Wisconsin
Contributor's Links: Econbrowser University of Wisconsin
Menzie David Chinn is a professor of public affairs and economics at the University of Wisconsin–Madison. He, along with James Hamilton, are co-authors of Econbrowser, a weblog on current macroeconomic issues. Menzie ...more
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If Output Is Near Potential, Why Is Inflation So Low?
Wednesday, November 26, 2014 4:08 AM EDT
There is a lot of discussion of how economic slack is fast disappearing, and I expect a lot of push on this view, given continued rapid growth in GDP.
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Downgraded: The Macro Outlook In Wisconsin
Monday, November 24, 2014 2:23 PM EDT
The Department of Revenue’s Wisconsin Economic Outlook, released last week, details a noticeable deterioration in forecast performance, in just the eight months.
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What Have The Nonpartisan Research Agencies Ever Done For Us?
Monday, November 24, 2014 9:15 AM EDT
I see Americans for Tax Reform is against reappointment of Doug Elmendorf as CBO head. It is a remarkable document, insofar as it is so full of factual errors that the head spins.
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The Japanese GDP Release: The Bad And The Not So Bad
Tuesday, November 18, 2014 3:34 AM EDT
Instead of a 0.2% q/q increase as in the WSJ survey, GDP declined 0.4%. It’s pretty bad news, but here are a couple of observations.
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Preventing A Global Slowdown
Friday, November 14, 2014 3:07 PM EDT
The importance of Japan and the euro area growth is highlighted by the amount of world GDP accounted by those economies.
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(Fiscally) Bleeding Kansas
Thursday, November 13, 2014 3:57 AM EDT
The deterioration in Kansas state finances not only continues unabated — it is seemingly accelerating.
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Known Unknowns In International Finance
Tuesday, November 11, 2014 4:55 AM EDT
Implications for the dollar’s trajectory.
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October Employment Release: Market Improvement, But Not Yet Tight
Friday, November 7, 2014 5:14 PM EDT
The cumulative growth since 2007M12 of the (estimated) household series adjusted to conform to the NFP concept remains substantially above that of the officially estimated NFP series — nearly 1% in log terms.
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Ruble Floats, And Sinks
Thursday, November 6, 2014 12:10 PM EDT
The depreciation of the ruble has already had an effect (along with Russian counter-sanctions). Inflation in the year ending in October was 8.3%, while food price inflation was 11.5% through September.
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Known Unknowns In Macro
Thursday, November 6, 2014 7:34 AM EDT
Since the market’s expectation is unobservable, then the real interest rate is in some sense not “knowable”.
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Mind The (Output) Gap
Saturday, November 1, 2014 9:59 AM EDT
While economic growth seems to be firming, it is far too soon to take away stimulus.
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Philadelphia Fed: Wisconsin And Kansas Growth Gaps Forecasted To Increase
Wednesday, October 29, 2014 5:37 PM EDT
Wisconsin and Kansas growth gaps forecasted to Increase.
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Ed Lazear Comments On Government Forecasts
Tuesday, October 28, 2014 5:57 AM EDT
Analysis of 1999-2013 reveals that the CBO’s real GDP growth forecasts for the next year were off, on average, by 1.7 percentage points, either too high or low.
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Wisconsin Employment: 108.6K Below Trend Required To Hit Walker’s 250K Target
Monday, October 20, 2014 3:33 PM EDT
Wisconsin must create 32.35 thousands per month for each of October, November, December and January in order to hit the Governor’s target.
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Russia Under Pressure: “Russia Moves Ruble Band In Biggest Intervention Since March”
Thursday, October 9, 2014 4:20 PM EDT
I’ve been surprised that the Russian economy has taken as much a hit as it has, partly in response to sanction and spillover effects onto confidence from those sanctions.
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Wisconsin Department Of Workforce Development Determines $7.25/hour Is A Living Wage
Wednesday, October 8, 2014 10:46 AM EDT
The standard critique — that there would be substantial job loss as a consequence of the a minimum wage hike, as argued by the Wisconsin Restaurant Association — were trotted out.
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1 to 16 of 50 Posts
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