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Mark Thoma
Works at University of Oregon
Lives in Eugene, Oregon
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Mark Thoma

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From the Atlanta Fed's Macroblog: Are Long-Term Inflation Expectations Declining? Not So Fast, Says Atlanta Fed: "Convincing evidence that longer-term inflation expectations have moved lower would be a concern because declines in consumer and business expectations about inflation could put...
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Mark Thoma

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Tim Duy: So You Think A Recession Is Imminent, Employment Edition, by Tim Duy: The recession drumbeat grows louder. This is not unexpected. Most forecasters have an asymmetric loss function; the cost of being wrong by missing a recession exceeds...
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"First, we could have huge inequality because individuals vary hugely in their productivity..
"Second, we could have huge inequality based largely on luck..., those who hit the jackpot ... just happen to be in the right place at the right time.
"Third, we could have huge inequality based on power: executives at large corporations who get to set their own compensation, financial wheeler-dealers who get rich on inside information or by collecting undeserved fees from naïve investors."

All 3 are true. People are more productive because they were lucky and have power. They have leverage.
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Tim Duy: So You Think A Recession Is Imminent, Yield Curve Edition, by Tim Duy: If I had to rely on only two leading indicators of recessions, they would be initial unemployment claims and the yield curve (next in line...
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People
In his circles
3,728 people
Have him in circles
4,257 people
Sean Walsh (Irish Photo Archive)'s profile photo
Romina Wilcox's profile photo
POOJA ARORA's profile photo
Brent Imholte's profile photo
Andrew Bendelow's profile photo
Michael Wernecke's profile photo
Brandon Jubar's profile photo
Reena Sharma's profile photo
bukky ojomu's profile photo
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Currently
Eugene, Oregon
Previously
Colusa, California
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Occupation
Professor of Economics
Employment
  • University of Oregon
    Professor of Economics, present
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