Chinese Saving Dynamics: The Impact of GDP Growth and the Dependent Share
China’s national saving rate rose rapidly in the 2000s after declining through the late 1990s. These dynamics are not explained by precautionary motives, the institutional
China’s national saving rate rose rapidly in the 2000s after declining through the late 1990s. These dynamics are not explained by precautionary motives, the institutional
The addition of 120,000 jobs in March was much less than expected. The consensus was for an increase of 201,000 jobs and for no change in
The US Bureau of Labor Statistics released the February 2012 Employment Situation this morning with another month of better than expected jobs numbers. The consensus was for an increase
1. ANOTHER BUSY WEEK WITH LOT TO DISCUSS. ON MONDAY THE PRESIDENT RELEASED HIS BUDGET PROPOSAL, BY WEDNESDAY HAD PLENTY OF EVIDENCE OF CONTINUED EURO-AREA
1. THE US BUREAU OF LABOR STATISTICS RELEASED ITS MONTHLY EMPLOYMENT REPORT THIS MORNING AND REPORTED ANOTHER DECREASE IN THE US UNEMPLOYMENT RATE? Yes, this
Q1. THERE HAS BEEN A LARGE AMOUNT OF ECONOMIC NEWS THIS WEEK, CAN YOU SUMMARIZE WHERE THINGS STAND? A1. This was a busy week. On
1. THE COUNCIL ON REVENUES MET YESTERDAY AND LOWERED ITS FORECAST FOR STATE TAX REVENUES FOR 2012. HOW MUCH WAS THE REVISION, AND WHY DID
1. WE HAVE BEEN HEARING ABOUT THE SUPER COMMITTEE AND THEIR WORK ON A DEFICIT REDUCTION PLAN DUE NEXT WEDNESDAY. WHAT IS THE SUPER COMMITTEE?
Almost four years after the start of the great recession total output of goods and services in the US has surpassed its pre-recession peak. The