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James Hamilton Articles

What does the GDP deflator measure?

As Menzie explained yesterday, it isn't inflation...
by James Hamilton - Aug 06, 2008 - in Economy

Not quite a recession

The Bureau of Economic Analysis reported today that U.S. real GDP grew at a 1.9%...
by James Hamilton - Jul 31, 2008 - in Economy

Due diligence

Tanta caught this story from the Orange County Register: In November, Wells Fargo...
by James Hamilton - Jul 31, 2008 - in Economy

Oil prices and demand

More evidence of significant changes in the behavior of American consumers...
by James Hamilton - Jul 30, 2008 - in Economy

Oil prices and economic fundamentals

Oil was selling for $123 a barrel on May 7, and that's where it closed this week...
by James Hamilton - Jul 26, 2008 - in The Markets

Quarter 2 may come out OK, but challenges remain

At least that's the assessment of Federal Reserve Bank of San Francisco economist...
by James Hamilton - Jul 21, 2008 - in Economy

New estimates of the high school dropout rate

I was shocked by today's report that the high school dropout rate in California has...
by James Hamilton - Jul 18, 2008 - in Economy

Did Fannie and Freddie cause the mortgage crisis?

Some thoughts about the role played by the GSEs in the run-up in mortgage debt and...
by James Hamilton - Jul 16, 2008 - in Economy


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