Roger Farmer's Economic Window

My pal David Andolfatto doesn't like it when I say that some unemployment is involuntary . Here is my response: David I am happy w...

Updated data at the request of Andrew Sentence on participation and unemployment in the U.S.   Business cycles are about unemployment; no...

My reading list on the overlapping generations model has already generated some questions. Rather than respond in the comment section to ea...

I applaud everyone who has weighed in on the Great Blog debate about debt ( Simon ,   Bob ,   me , and others too numerous to link. All of ...

In a recent post on the (non)-importance of debt buildup worldwide, Antonio Fatas makes the point that debt is not necessarily a problem. Wh...

A long time ago, in a galaxy far far away, there were two planets orbiting a star, not unlike our own sun.  The inhabitants of these planets...

Mrs. Merkel and Mr. Schäuble are worried . The ECB is planning to buy the sovereign debt of its member states and Mr. Schäuble doesn't t...