Tag "Robert Shimer"
Economics
International
3 reasons economists keep forecasting growth wrong
The Fed and IMF again downgraded US growth projections, as they have done repeatedly for the last five years. When the Federal Reserve and the IMF downgraded their forecasts for
Economics
North America
How much slack does the U.S. labor market really have?
U.S. labor market slack, the unused part of economic production capacity, is an important economic indicator used by the Federal Reserve to determine forward guidance. The question is how much