The Economic Effects on Finance, Investing, Social Interactions, and Politics
Contributor's Links: Global Economic Intersection

Global Economic Intersection (Econintersect) focuses on the economic effects on finance, investing, social interactions, and politics / public policy.  It features original economic commentary, debate, and economic analysis of economic indicators.  It features original ... more


Is Job Switching On The Decline?
Unemployment is at a historically low level, yet nominal wage growth is not even back to prerecession levels.
Historians, Avoid The Mistakes We Economists Made
Apparently something of a controversy has arisen regarding a recent study in the Proceedings of the National Academy of the Sciences that was discussed on Andrew Brown’s blog at The Guardian.
Monetary Policy Transmission And The Size Of The Money Market Fund Industry
The elasticity of bank CD rates to monetary policy tightening is much lower than that of MMF shares and has become ever lower after the financial crisis.
Fiscal Year Ended With $984M Deficit. New Fiscal Year Deficit On Track To Top $1T.
In fiscal year 2019, which ended on September 30, the federal budget deficit totaled $984 billion—$205 billion more than the shortfall recorded in 2018.
Mexico's Economic Outlook Revised Down Further As Growth Disappoints
Mexico’s gross domestic product (GDP) declined 0.5 percent in the first half of the year, its weakest growth in six years.
The Economics Of Counterfeit Money
The supply of money in the economy is determined by the demand for money which, in turn, is determined by the demand for credit. This idea, however, leaves out what is actually a rather important component: counterfeiting.


Latest Comments
Betting On India
4 years ago
I am a foreigner who lives in India about 6 months a year. there is a theory that a ship runs smoother if all rowers are rowing in the same direction - even if it is wrong. At this point Rajan is the rower trying to move the ship in the opposite direction. It is significantly easier to slow an economy down than speed it up - in fact, i see no evidence from anywhere in the world that monetary policy can be used to accelerate an economy. Rajan's policies are a brake on the indian economy.
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Latest Posts
Managing Debt Vulnerabilities In Low-Income Developing Countries
Government debt in some of the world’s poorest countries is rising to risky levels.
The Dominance Of Google And Facebook In One Chart
Over the next couple years, digital advertising is expected to pass television to become the largest ad market in existence.

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