David Altig
David Altig's Latest Articles | 59
The Three Faces of Postcrisis Monetary Policy
The latest edition of the San Francisco Fed’s Economic Letter (written by Michael Bauer) has a nice review of the different channels through which the Fed’s... Read »
Is Inflation Targeting Really Dead?
Harvard’s Jeffrey Frankel (hat tip, Mark Thoma) is the latest econ-blogger to cast an admiring gaze in the direction of nominal gross domestic product (GDP)... Read »
Historical Perspective on Monthly Job Growth, and Jobs Calculator Enhancements
By now, if you’ve been paying attention to the coverage following the April employment report, you know the following: The March to April decline in the unemployment... Read »
Is the Composition of Job Growth Behind Slow Income Growth?
Harold Meyerson, Washington Post opinion writer, channels a Bloomberg report (via The Big Picture), and thinks he finds a smoking gun: “Why is this recovery... Read »
The Structure of the Structural Unemployment Question
In the middle of its thorough analysis of U.S. labor markets, the New York Fed tucked in a direct look at whether persistently high unemployment can be plausibly... Read »
In the Interest of Precision
As you may have heard, the minutes of the December 13 meeting of the Federal Open Market Committee (FOMC) contained the news that, starting with this month’s... Read »
Uncertainty about Uncertainty
One of the hotly debated issues among those debating policy in the pages of various Fed publications (virtual and otherwise) is why job creation in the United States... Read »
Maybe This Time Was At Least A Little Different?
Earlier this week, Derek Thomson, a senior editor at The Atlantic, began his article “The Graph That Proves Economic Forecasters Are Almost Always Wrong”... Read »
The Ongoing Lender of Last Resort Debate
Two days do not a policy success make, and it is a fool’s game to tie the merits of a policy action to a short-term stock market cycle. But at first blush... Read »
The Postrecession Job Picture
There is not much to be said about the August employment report released last Friday—or not much good, anyway. The ongoing updates at Calculated Risk provide a... Read »







