Article Artículo
A Better Way to Measure PovertyShawn Fremstad and / September 17, 2010
Article Artículo
Selection, or Election? The Monitor Describes the CEP’s Troubling Exclusion of Fanmi Lavalas et alCEPR / September 17, 2010
Article Artículo
Non-Agricultural Export Price Indices in Dollar and Foreign CurrenciesCEPR / September 17, 2010
Article Artículo
Core Prices Hold Steady in AugustDavid Rosnick / September 17, 2010
Article Artículo
Another Washington Post Deficit Editorial in the News SectionDean Baker / September 17, 2010
Article Artículo
Washington Post Uses Poverty Data to Promote Its Fairy Tale View of PoliticsDean Baker / September 17, 2010
Article Artículo
One in Three Americans Lacked the Income Needed to “Make Ends Meet” in 2009; Young Adults Among the Hardest HitShawn Fremstad / September 16, 2010
Article Artículo
Census Bureau Report Shows Deterioration in Economic SecurityCEPR and / September 16, 2010
Article Artículo
“Net Neutrality” Is Vital to Free Speech in the Internet AgeMark Weisbrot / September 16, 2010
Article Artículo
Post's Effort to Contextualize Budget Costs Doesn'tDean Baker / September 16, 2010
Article Artículo
The Post Insists on Ignoring the Over-Valued Dollar In Discussing International CompetitivenessDean Baker / September 16, 2010
Article Artículo
Man Who Wrecked the Economy Says Stimulus Didn't WorkDean Baker / September 15, 2010
Article Artículo
A Tale of Two GraphsJohn Schmitt and / September 15, 2010
report informe
The Wage Penalty for State and Local Government Employees in New EnglandJohn Schmitt and / September 15, 2010
Article Artículo
Casey at the Blog: Joy in Recession LandBut, at least we have the pleasure of watching the leading lights of the anti-stimulus crew flailing in the cyberspace of the NYT, trying to pretend that their case makes sense. And no one does this better than University of Chicago economist Casey Mulligan.
Professor Mulligan thinks that he can show that stimulus does not work by examining the job impact of the workers temporarily employed to carry through the 2010 Census. Mulligan notes the assumption of stimulus proponents that the there would be a multiplier effect of 1.6 for each job directly created by the stimulus. This means that for every person directly employed as a result of stimulus spending there would be 0.6 jobs created as a result of the spending out of this worker’s wages.
Mulligan applies this arithmetic to the hiring of temporary Census employees earlier this year. Census employment peaked at just under this 600,000. The 0.6 multiplier would imply a jump in 360,000 non-Census related jobs. Mulligan looks at the data and cannot find any evidence of this sort of jump and believes that he has an important piece of evidence against the stimulus.
CEPR / September 15, 2010
Article Artículo
The Soft Bigotry of Incredibly Low Expectations: The Case of EconomistsDean Baker / September 13, 2010