In 2014 Janet Yellen spoke about using multi-dimensional labor market dashboard to determine labor market slack. But FOMC continued to treat reduced participation rate as structural -> raised rates. Nevertheless, by 2019 participation was rising @AdamPosen
asia.nikkei.com/Opinion/Centra… https://t.co/EWuwYBxB7t
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…