Professor of Economics at the University of California
Contributor's Links: Econbrowser University of California

James D. Hamilton has been a professor in the Economics Department at the University of California at San Diego since 1992. He served as department chair from 1999-2002, and has also taught at Harvard University and the University of Virginia. He received a Ph.D. in economics from the University ... more

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Economy Still Growing, But…
The Bureau of Economic Analysis announced that U.S. real GDP grew at a 2.1% annual rate in the second quarter of 2019. That’s pretty near the 2.2% average rate since the recovery from the Great Recession began in 2009:Q3.
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Libra: Economics Of Facebook’s Cryptocurrency
If the Libra becomes successful, it could undermine the ability of governments to force negative interest rates– the Libra could start to look like a more attractive money than euros.
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Yield Curve Inversion
The gap between long-term and short-term interest rates has narrowed sharply over the last year and is now dipping into negative territory. Historically that’s often been a signal that slower economic growth or even an economic recession ahead.
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U.S. Economy Keeps Growing - Friday, April 26
The U.S. economic expansion has now been under way for 9 and 3/4 years, one quarter shy of the longest expansion on record (1991:Q2-2001:Q1).
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Measuring Unemployment And Labor-Force Participation
The underlying data from which the U.S. unemployment rate and labor-force participation rate are calculated contain numerous inconsistencies– if one of the numbers economists use is correct, another must be wrong.
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The Long Expansion Continues
The Bureau of Economic Analysis announced yesterday that U.S. real GDP grew at a 2.6% annual rate in the fourth quarter of 2018. That’s below the 3.1% average for the U.S. economy over the last 70 years.
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Education

University of California, Berkeley
Ph.D.
/ 1983
Economics
University of California, Berkeley
Master's Degree
/ 1981
Economics
Colorado College
Bachelor's Degree
/ 1977
Economics

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