That's Interesting
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St Louis Fed: How Has Trade Affected U.S. Manufacturing Jobs?
09th January, 2019‘Recent U.S. manufacturing job losses attributed to Chinese imports seem small compared with monthly turnover of the entire U.S. labor market, and the share of recent losses also seems small when looking at long-term declines in manufacturing employment.’
External Link: https://www.stlouisfed.org/on-the-economy/2018/december/trade-affected-us-manufacturing-jobs?utm_source=BlogList&utm_medium=Email&utm_campaign=BlogAlert -
US population growth hits 80-year low
09th January, 2019‘While 2018 was a year of economic revival with historically low unemployment and rising wage growth, demographic indicators stand in contrast, seemingly ushering in an era of population growth stagnation.’
External Link: https://www.brookings.edu/blog/the-avenue/2018/12/21/us-population-growth-hits-80-year-low-capping-off-a-year-of-demographic-stagnation/ -
BoJ: What Drives China’s Growth? Evidence from Micro-level Data
05th December, 2018The linked Bank of Japan research paper discusses the sustainability of China’s rapid growth mainly based on the estimation of the corporate-level total factor productivity of Chinese listed firms.
External Link: http://www.boj.or.jp/en/research/wps_rev/wps_2018/wp18e19.htm/ -
The Great Telegraph Breakthrough of 1866
08th November, 2018“The transatlantic telegraph cable amounted to the information revolution of the day, tying global markets together in unprecedented ways.”
External Link: https://www.richmondfed.org/publications/research/econ_focus/2018/q2/economic_history?platform=hootsuite -
RBA Speech: The Evolving Australian Labour Market
07th November, 2018“The long-running trend towards more flexible work and the implications it might have for a monetary policymaker”.
External Link: https://www.rba.gov.au/speeches/2018/sp-so-2018-10-05.html -
Planet Money – Episode 864: The Central (Bankers’) Question
07th November, 2018“It used to be central bankers had a powerful lever to guide the pace of the economy: The ability to raise or lower interest rates…But lately, the lever hasn’t been behaving like the textbooks say it should.”
External Link: https://www.npr.org/sections/money/2018/09/14/647979229/episode-864-the-central-bankers-question?utm_term=nprnews&utm_content=bufferef794&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer -
RBA: Does it pay to study economics?
08th October, 2018The RBA has written an interesting analysis on the economics of studying economics.
External Link: https://www.rba.gov.au/publications/bulletin/2018/sep/does-it-pay-to-study-economics.html -
Older workers account for most of the US job growth since 2000
24th September, 2018Blog article from the St. Louis Fed shows the composition of US job growth since 2000, with almost all of the growth since 2000 attributable to people over the age of 55.
External Link: https://www.stlouisfed.org/on-the-economy/2018/september/staff-pick-older-workers-account-almost-all-job-growth-2000?utm_source=BlogList&utm_medium=Email&utm_campaign=BlogAlert -
The spectacular power of Big Lens
24th September, 2018A long article but it provides an interesting insight into the eyewear industry and the two dominant companies within it that are in the process of merging.
Essilor is a prescription lens business that manufactures a large share of the worlds prescription lenses and Luxottica is known by many consumers through its retail brand Sunglass Hut.
External Link: https://www.theguardian.com/news/2018/may/10/the-invisible-power-of-big-glasses-eyewear-industry-essilor-luxottica -
St Louis Fed: How Did South Korea’s Economy Develop So Quickly?
30th July, 2018A look at how the South Korean economy industrialised, taking it from an agriculture-based economy in the 1960’s to become the 11th largest economy in the world in terms of gross domestic product (GDP) in 2016.
External Link: https://www.stlouisfed.org/on-the-economy/2018/july/staff-pick-how-south-korea-economy-develop-quickly?utm_source=BlogList&utm_medium=Email&utm_campaign=BlogAlert