Jacob Solomon's group - M2015(B)

This article talks about the inflation and unemployment rates in the United States. According to the Federal Reserve Chair, the economy is still unstable as unemployment rates exceed the Fed's goals, while inflation rates need a boost to achieve the target of 2%. The article suggests that monetary policies are going to be used in order to achieve the macroeconomics target of the USA. 

This article talks about the predictions of the world's largest package-delivery compony. It also shows the price chart for United Parcel Service. The analyst, Kevin Sterling said that UPS will remove 1.2 billion in obligations from its balance sheet, a trade-off worth the one-time hit to earnings.

The "Obamacare" has faced public opposes, but some people like some of its most significant provisions. The guaranteed issue is responsible for trade-offs that people bitterly oppose. 

This article from Forbes is primarily titled to be a forecast about inflation in the coming fiscal year but it also interestingly (and relevant to our studies) discusses the different arguments and criticism surrounding the modelled Phillips Curve. The article also contains an interesting graph that is based on recorded statistics about inflation and unemployment which helps to demonstrate the problems with the Phillips Curve model. 

Micheal Theis writes that according to a survey conducted by the Austin office of Neighborhood Housing and Community Development, more than half of the ones who moved to Austin had made some kind of a trade off to be able to live where they do. This is because the housing prices are going up and are considered very high.

The article discusses inflation in the eurozone.

great article about the macroeconomy of S.Korea. Maybe it gives too much info so it leaves less space for analysis.

This article deals with the connection between inflation and unemployment, which is one of the current issues we're discussing.

This article describes how the CPI works and how inflation affects different groups of people with different incomes differently. Ben Casselman claims that inflation is higher for the poor households, by looking at the poor separately instead of as an average with the rest of the CPI. This way he says that he can show that the poor spend differently than the rich and that therefore the inflation is higher for them. This is not evidence, however, because inflation is about the rising of prices, and the prices rise equally no matter whether you are rich or poor. The only difference is the impact it has on the different groups.

This article discusses unemployment in Italy and how it could be tackled.

This article is not very long, however, we can see a lot of the concepts studied this week within the article. It is clear that Indonesia has an independent central bank. It is also clear that some actions are being taken in order to reduce inflation and they seem to be successful as inflation has actually fallen, however, this small amount of change could be good in the long run. 

This article concerns the publication by the Office of National Statistics that, after six years, the weekly wages have met inflation rates.

Japan's inflation rate continues to rise according to this article from the Guardian. Prime minister Shinzo Abe aims to boost the inflation rate in the country to an approximate 2% level but, as typical with many countries, wages have not caught up with these levels and thus consumer spending power has been reduced drastically. Other interesting things to note are the rise in electricity and gas prices contributing to the increased CPI data.

This article shows how important it is to sustain proper inflation. It should be not too high as well as not too low. Central Bank is able to control it with the interest rate.

This article is dealing with the inflation in India. The inflation in India are seemed to be sticky, but due to El Nino (the warmer-than-average sea surface temperature in the central and eastern tropical Pacific Ocean). It contributes to extreme droughts that makes the price of food increase, and therefore the inflation for food increase

This article is about inflation, and that it has fallen after six months to 1.6 per cent. However, regular pay is  expected to rise in rate from 1.3 per cent to 1.8 per cent. 

This article deals with the effect of unemployment benefits on the unemployment rate.

In this article stated that Spain's largest bank made a claim saying the unemployment will take over a decade just to fix. Spain are in a large amount of debt as they rose from last year and the Spanish research and development spending is 70% below the EU level

The unemployment rate, though, tells a much cheerier story: it dropped to 6.6% in January from 7% in November. Indeed, it could soon hit the Federal Reserve's 6.5% threshold at which it may consider raising interest rates.

This article describes the unemployment among youths in Australia. It describes how no matter whether you have a degree or not, it is barely possible to find a job. This is due to a lack in demand for labor, which generally results from a lack of aggregate demand, meaning that the economy isn't operating at its full potential. Therefore there is a surplus of supply for a minimal demand of labor, leading to a decrease in wage cost and a decrease in chances of finding a job. This is why many people are recommending doing internships for free, because firms are no longer paying as much for the employees, but even these internships are hard to get.