Not So Scary After All: Disinflation and the Phillips Curve
Not So Scary After All Disinflation and the Phillips Curve Not So Scary After All- Disinflation and the Phillips Curve.pdf 4 MB download-circle Executive Summary In our previous piece in our vacancies series, we took a deep dive into Ball, Leigh...
Recessions are Mostly Driven by Lower Hiring
While layoffs are painful to workers, more attention needs to be paid to the threat of a rise in unemployment arising from a slowdown in hiring. In this report, we examine the important role that a fall in hiring rates plays during unemployment increases.
Expanding the Capacity Frontier: An Approach to Increasing Energy Commodity Production
Energy price volatility, which may be with us for quite some time as we pursue decarbonization, is one of our nation’s greatest macroeconomic threats.
Contingent Supply: Managing the Logistical Risk of Market-Contingent Acquisition
This is the fourth piece in the Contingent Supply series, which looks at the operational requirements, financial needs, and economic opportunities involved in using the SPR to stabilize oil markets.
The Argument for a Recession is Built on Weak Links: Inflation, Vacancies and Unemployment
This is the second piece of our vacancies series. In this piece, we refute specific vacancy-backed arguments that the Federal Reserve will need to engineer a recession in order to bring inflation under control.