Stay-At-Home Macro

Claudia Sahm
macroeconomics of the people, by the people, for the people.
Created 06 Feb 2021
  • Inflation is not the emergency
    13 Oct 2021 • 3 min read • 8 2
    Inflation is important. Prices at the pump are high which hurts. The cost of many things like cars, electronics, and home appliances are up too, if you can find them. But, inflation is not an emergenc...
  • Will the real Larry Summers please stand up?
    06 Oct 2021 • 6 min read • 7 6
    As a student and practitioner in macroeconomics, my frustration with the field reached a boiling point during the Covid economic crisis. A journalist friend recently asked me why I get so angry with L...
  • Universal cash for kids pays off
    04 Oct 2021 • 7 min read • 9 0
    Congress and the White House are mired in a policy debate that could shape the future of the United States. From the outside, it looks like a mess. It is. And it’s our best shot at sustainable growth ...
  • Macro tip #1: Learn from your mistakes
    30 Sep 2021 • 3 min read • 3 1
    In grad school, I learned macroeconomic theory, cutting-edge research, and statistical tools. At the Board, I learned how to apply them (or not) to the real world, so I could give the best advice poss...
  • What to expect when you're expecting inflation?
    27 Sep 2021 • 8 min read • 9 5
    Last week, Fed Chair Jay Powell spoke after the Federal Open Market Committee meeting. He had a lot to say about inflation and about inflation expectation: “Our framework for monetary policy emphasize...
  • Taking requests for paid-subscriber-only posts
    26 Sep 2021 • < 1 min read • 4 6
    I greatly appreciate your financial support! I want my Substack to be worth your time and money. To do so, I’d like to know what topics you want to know more about. The paid-subscriber-only posts will...
  • The Fed's image problem: Itself
    24 Sep 2021 • 4 min read • 7 0
    Yesterday, at a hearing about the Fed’s emergency lending facilities, Representative Jim Himes from Connecticut asked a tough question: “One of the challenges is that these programs are perceived by m...
  • It's time for the 'dot plot' to go.
    21 Sep 2021 • 4 min read • 9 4
    Tomorrow the Federal Open Market Committee will announce its latest decision on how much to support the economic recovery. Some will be watching closely, including analysts and traders on Wall Street;...
  • Good writing matters in economics!
    17 Sep 2021 • < 1 min read • 5 2
    In today’s post, I share my advice for writing economic research papers, especially the so-called “job market papers” that students write at the end of their PhD studies. Good communication matters, a...
  • Supply chain disruptions are not a new threat, and they're not going away.
    13 Sep 2021 • 4 min read • 11 2
    Programming Note: Today’s post is an in-depth answer to a reader question on “Ask Me Econ” yesterday. As promised, in addition, to short answers to each question there, I chose a question to write abo...
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