Workplace productivity is more of an issue in times of high inflation.
"Selection, Patience and the Interest Rate"
A tiny home village now helps ease homelessness in Austin.
Peter Ganong on economic dynamism and resiliency (with David Beckworth)
First, curb inflation, then focus on other challenges.
"How quickly will wage growth slow?"
Seven monetary policy mistakes in 2021-2022.
Inflation has been particularly hard on real wages.
Short-term interest rates will likely remain high for several years. Yet monetary policy is still more loose than it may seem.
Water system management will become increasingly important in the years to come.
"Men are struggling." Especially since the nature of work has dramatically changed.
"Debt Revenue and the Sustainability of Public Debt" (Ricardo Reis)
Texas needs to stabilize its rural communities.
Macroeconomics is still quite young.
Americans increasingly live in multigenerational households.
Some tiny homes are particularly built with flexibility in mind.
A "soft landing" remains possible.
A visual chart of healthcare spending and life expectancy by country.
Even though people in the U.S. benefit from fixed 30 year mortgages, this contributes to global monetary tightening right now. My thought: Since housing is such a strong transmission mechanism, affordable non traditional housing could actually function as a plus at a global economic level.
Despite rising nominal rates, the real interest rate is still low by comparison.
Why are there so many employment discrepancies?
Which hospitals are more transparent with their prices?
A Brad Delong draft for grand narratives.
Low income groups often need to move elsewhere once housing prices rise.
Life satisfaction changes dramatically with age.
A slowing in household formation will affect housing costs.
Somehow the Phillips Curve has reemerged as a policy guide.
"Why Isn't the Whole World Rich?"
Many doctors remain unwilling to work in rural areas.
Real wage growth is down alongside productivity.
Low income students tend towards more practical forms of education.
Some charted international income distributions.
Current inflation specifics for holiday retail.
When negative supply shocks trigger output losses, how does this affect monetary policy?
More GenX and Boomers live alone, if only today's housing could reflect this.
It's encouraging to come across an argument for local community based care in mental issues. Indeed, "task-shifting" or "task-sharing are essentially examples of time arbitrage.
Some research re the city to government connection.
Land value differences in U.S. states.
Baby boomers affect general equilibrium conditions as they move through life stages.
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