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NOW: Our semiannual Global Economic Prospects event. @KarenDynan releases her outlooks for the US & global economies, @ojblanchard1 compares euro area & US inflation, & @melovely_max discusses China's economy. Watch #GEPFall2022 live: youtube.com/watch?v=pCx53M…
A new paper by Summers, Domash, and me. bit.ly/3ay0g7V The unemployment rate is very low, the vacancy unemployment ratio is exceptionally high. We show that this is the sign not just of high activity, but of worse matching in the labor market. This has two implications:
This is big. Mark your calendars to listen 18 May @WeyandSabine @MalmstromEU @WHNSC on transatlantic trade #PIIETradeWinds
MAY 18: @WeyandSabine, Director-General @Trade_EU, & Peter Harrell, Senior Director for International Economics & Competitivenes @WHNSC, join @MalmstromEU on #PIIETradeWinds to discuss the May 16 US-EU Trade & Technology Council meeting. Register: piie.zoom.us/webinar/regist…
🗣 “My view is not that globalisation is ending, but that globalisation is corroding. I emphasise ‘corrosion’ because globalisation is a multi-layered fabric, it’s not just about trade”. TUNE IN to hear @AdamPosen at #EconafterBrexit 🔽 app.sli.do/event/mHLiB5FE…
NOW: @KarenDynan discusses her global + US economic outlook. Follow along 👇 & watch #GEPSpring2022 live here: piie.com/events/global-…
Rough estimates find infrastructure assets worth $100 billion have been destroyed since Russia launched its invasion of Ukraine, Oleg Ustenko, chief economic advisor to President Volodymyr Zelensky says. Watch the full discussion here: piie.com/events/discuss…
Looking ahead it's likely that both nominal GDP & real GDP growth will slow in 2022 because the level of fiscal support is smaller & the economy is much closer to maximum employment. What happens to inflation depends on which of these slow more. Full blog: piie.com/blogs/realtime…
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