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Rate of Return on Everything, 1870–2015* | The Quarterly Journal of Economics

Abstract. What is the aggregate real rate of return in the economy? Is it higher than the growth rate of the economy and, if so, by how much? Is there a te

United kingdomFrance generalÎe de franceSan franciscoUnited statesNew zealandBruxelles capitaleHarvard dataverseMario richarzJohannes stroebelFrancisco amaralThomas schwarzYevhenii usenkoClara martPhilipp hofflinThomas piketty

Stalled inflation vexes the Fed Is it noise or a new trend?

The fundamentals suggest inflation should still be headed down, but the Fed isn’t betting on that.

United statesSan franciscoAdam shapiroDavid mericleJonathan pingleJerome powellDemi nakamuraUniversity of californiaGoldman sachsFederal reserveChair jerome powellSan francisco fedAffordable care actUs fedInterest ratesMonetary policy

Economy averts one woe, faces another

SAN ANTONIO—The good news: the U.S. is headed for growth this year, not recession. The bad news: there is as yet little prospect growth will be any better than before

United statesColumbia universityNew yorkUnited kingdomGabrielt rubinJanice eberlyGlenn hubbardLorie loganJames hinesDemi nakamuraJohn lewisFederal reserve bankEuropean unionUnited nationsAmerican economic associationUniversity of michigan

The Fed is taming inflation, but politicians want to make it harder next time

The Fed is taming inflation, but politicians want to make it harder next time
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United statesJeromeh powellArthur burnsDemi nakamuraRichardm nixonElizabeth warrenRo khannaAmerican economic associationFederal reserveFed chairEconomic association

Opinion | The Fed is taming inflation Politicians want to make it harder to do

Opinion | The Fed is taming inflation Politicians want to make it harder to do
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United statesJeromeh powellDemi nakamuraRichardm nixonArthur burnsAmerican economic associationUniversity at california berkeleyElizabeth warrenFed chair jeromePresident richardFed chair arthur burns