Menzie Chinn Articles

Implications of adjustment to riskier dollar assets in a portfolio balance framework, illustrated in three steps

Consider a hypothetical world economy with assets denominated in dollars and euros...
by Menzie Chinn - Jul 24, 2008 - in Economy

Why a lot of people think the CPI is not representative of their experience ... and are right. At least partly.

Government statistics, particularly the CPI, have been in the news (e.g., [0])...
by Menzie Chinn - Jul 22, 2008 - in Economy

The Expansion: Retrospect and Prospect, Whine-Free

The President's press conference yesterday was meant to buttress consumer and...
by Menzie Chinn - Jul 17, 2008 - in Economy

Index Theory and the CPI

My previous post regarding government statistics elicited a lot of commentary, with...
by Menzie Chinn - Jul 15, 2008 - in Economy

Two Interesting Facts of the Day

As of 2008Q1, wholly 100% of the increase in the trade deficit since 2001Q4 is...
by Menzie Chinn - Jul 12, 2008 - in Economy

The Government's Macroeconomic Series: X-Files, Dilbert, or Resource Constraints?

Or, is the model for explaining why macro data sometimes appear so counter to...
by Menzie Chinn - Jul 10, 2008 - in Economy

The International Investment Position: Latest Estimates, and What's Missing

The BEA released the end-2007 International Investment Position data on June 27...
by Menzie Chinn - Jul 07, 2008 - in Economy

Iraq is a success if...

...oil was the objective. Maybe. From ABC: Five years after the US-led coalition...
by Menzie Chinn - Jul 06, 2008 - in Economy

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