Macro and Markets

Jun 13, 2019

The Northern Frontier: What Prime-Age Employment In The US & Canada Reveal

by Skanda Amarnath

Canada shows us that even when PA EPOP is pushed to new highs, wage and price acceleration does not necessarily follow or persist. It is time we rethink the interactions between labor markets and inflation.

May 17, 2019

Floor It! Fixing the Fed’s Framework With Paychecks, Not Prices

by Skanda Amarnath

The Federal Reserve should revise its framework to achieve at least a floor rate of gross labor income (GLI) growth, as opposed to simply tweaking its existing strategy of targeting consumer price inflation.

Macro and Markets

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