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US initial jobless claims falls to 233,000, lower than expected

The number of people filed their initial claim for unemployment insurance benefits in the US fell to 233,000 in the week ending August 3.

Interviews

DSGE model and the State of Macroeconomics | Q&A with Olivier Blanchard |

In this interview, Blanchard discussed his view on the role of DSGE model in modern Macroeconomics and policymaking. He also explained his decision to rewrite his macroeconomics textbooks after the Great Recession. His recent research on hysteresis was also discussed.