Everyone who speculates on President-Elect Obama’s most likely choice for Secretary of the Treasury has the same two names: Larry Summers and Tim Geithner. I have known them for a long time, and worked with both in the Clinton Administration. Either one would be excellent. …
Blogs / Jeff Frankels Weblog | Views on the Economy and the World
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My Bet: Larry Summers will be Chosen Treasury Secretary
http://content.ksg.harvard.edu/blog/jeff_frankels_weblog/2008/11/14/my-guess-larry-summers-will-be-chosen-treasury-secretary/ -
A Few Tax Policy Suggestions for Our New President
http://content.ksg.harvard.edu/blog/jeff_frankels_weblog/2008/11/04/a-few-tax-policy-suggestions-for-our-new-president/Three areas that President Obama will have to address during his term in office are the recession, energy and the environment, and the long-run fiscal outlook. The recession is the most urgent. But the long-run fiscal outlook will be the most difficult. Social Security and Medicare would have …
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NOW Are We In Recession?
http://content.ksg.harvard.edu/blog/jeff_frankels_weblog/2008/10/30/now-are-we-in-recession/Is the United States in recession? If one looked solely at the adverse shocks that have hit the economy over the last year, one would infer an unusually high probability of a recession. If one consulted some of the most import economic measures over the last year, one would say the country …
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An egghead explains the recession call
http://www.stltoday.com/blogzone/mound-city-money/us-economy...How can the recession be a year old already? I thought the economy was growing for part of this year.” Thankfully, Jeff Frankel, a member of the NBER’s Business Cycle Dating Committee, has answers. On his blog, he explains the belated recession call this way: In past cycles, media reports have sometimes taken the line “Ivy Tower Eggheads Finally Figure Out What Everybody Else Has Known All Along.” The implicit critique is that the committee takes too
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1800blogger
http://www.1800blogger.comto a declaration by the NBER as opposed to any other group or individuals. Here are some thoughts on both questions, augmented with some retrospective views. First, to the question of whether it matters that there’s a declaration. Here, I turn to Jeffrey Frankel, who is on the NBER BCDC, but is speaking on his own behalf: We sometimes hear the question “Who needs the NBER Committee anyway?” This question most often comes in one of two forms: (a) Everyone in the real world has known that the economy has
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No Original Content
http://upanizza.blogspot.comNBER Eggheads Finally Proclaim Recession
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Phastidio.net | "Speak Softly And Carry A Big Stick" (T.Roosevelt)
http://phastidio.netreddito personale al netto dei trasferimenti, e da quello sul totale di ore lavorate e numero di occupati. Se poi vi chiedete a che diavolo serva avere un comitato che stabilisce con un anno di ritardo l’inizio di una recessione, la risposta ve la fornisce Jeff Frankels, che del Dating Committee fa parte. N.B. Non solo politici ed editorialisti non hanno visto arrivare la recessione. Anche il Council of Economic Advisers, l’istituzione popolata di accademici che consiglia il presidente degli Stati Uniti in materia
18 hours ago in Phastidio.net | "Speak Softly And Carry A Big Stick" (T.Roosevelt) by Phastidio · Authority: 101 -
NBER Eggheads Finally Proclaim a Recession
http://www.eminimaster.com/blog/2008/12/nber-eggheads-finall...Jeffrey Frankel
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It's Official - We're in a Recession
http://www.blogher.com/its-official-were-recessionWhen I saw the posts on CNN earlier, I only had one thought: "DUH!!!!" And when I saw that the economic panel had declared us in a recession since last December, I thought, "What the hell took ya so long?" You can read Economist Jeff Frankel's blog for more insight as to why the hell it took them so long. So what do the recession and the roller coaster stock market mean to you? A sampling of blogger reactions: And when CNN.com had a quick poll today that asked, "Should bank executives who
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Recession Dating: Some People Are Going to Be Surprised
http://www.econbrowser.com/archives/2008/12/recession_datin....to a declaration by the NBER as opposed to any other group or individuals. Here are some thoughts on both questions, augmented with some retrospective views. First, to the question of whether it matters that there's a declaration. Here, I turn to Jeffrey Frankel, who is on the NBER BCDC, but is speaking on his own behalf: We sometimes hear the question "Who needs the NBER Committee anyway?" This question most often comes in one of two forms: (a) Everyone in the real world has known that the economy has
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Econalypto
http://digitaldaily.allthingsd.com/20081201/whoops-econalyps...December 2007 might seem, you know, ludicrous. But the NBER’s business is quantitative historical analysis, not timely economic intelligence. As Jeffrey Frankel, a Harvard professor and member of the NBER’s business cycle dating committee, notes, “Our job is to be definitive, not fast.” And that makes today’s pronouncement even more worrisome. Because, according to the NBER, the current contraction, already the longest since 1982, is entirely likely to grow longer still. Certainly, that
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The Curious Capitalist - TIME.com
http://curiouscapitalist.blogs.time.comas the start date was payroll employment, which peaked that month and has declined in every month since. So there you have it. It's no longer a recession-like episode. It's the real thing. Update: Business cycle dater Jeffrey Frankel of Harvard offers his explanation: Why did we pick December 2007 as the start of the recession? As is the case surprisingly often, different economic indicators give very different answers to the date of the peak. Of the monthly indicators to which the BCDC gives primary attention,
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InVivoAnalytics.com
http://invivoanalytics.comeach day. Click your browser's reload button to see new items. BusinessWeek Economics Unbound » The Recession is A Year Old Abnormal Returns » Monday links: liquidity preferences The Economist: Free exchange » It's official Jeff Frankels Weblog » NBER Eggheads Finally Proclaim Recession Calculated Risk » NBER: December 2007 Peak in Economic Activity EconLog » Two Bad Ideas, by Arnold Kling Calculated Risk » Cliff Diving: ISM Manufacturing Index Econbrowser » So long, Tanta The Economists
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