Tag: US Retail Sales
US Retail sales up just 0.1%, still beats expectations
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Retail sales in the US increased just 0.05% on a monthly basis in August, down from the outsized 1.15% growth in July but still beats market expectation of -0.2%
Global Economy
Interviews
US needs large-scale Covid testing urgently: Nobel winning economist Paul Romer
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In an exclusive interview with EconReporter on Tuesday, Romer, co-recipient of the 2018 Nobel Prize in Economics Science, urged the US to adopt large-scale testing immediately to halt this most detrimental economic slump ever since the Great Depression in the 1930s.
DSGE model and the State of Macroeconomics | Q&A with Olivier Blanchard |
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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.
Fiscal Theory of Price Level and State of Macroeconomics | Q&A with John Cochrane...
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John Cochrane talks about Fiscal Theory of Price Level and how can we apply this theory on the current macroeconomy.
Politics and the Economics of Banking Crises | Q&A with Charles Calomiris |
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In this installment, we continue our discussion with Prof. Charles Calomiris, Henry Kaufman Professor of Financial Institutions at Columbia Business School. The topic of this installment is the missing role of politics in economics models of banking crises. We also discussed if Calomiris thinks macroeconomics has a similar problem.