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Marenne M

Wages beat inflation as unemployment falls below 7% | Economy | The Guardian - 0 views

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    This article describes how the trade-off in Britain between unemployment and inflation is improving. It states how finally after several years, the rate of increase in wages is larger than the increase in the rate of inflation, causing a greater demand for work, and decreasing unemployment.
Yassine G

Yellen: Unemployment and Inflation Still Short of Fed's Goals - MarketPulse - 1 views

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    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. 
Mariam P

UPS sees 1.05 billion charge with teamster contract - 0 views

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    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.
Amanda Anna G

The trade-offs of Obamacare's preexisting condition coverage - latimes.com - 0 views

  • The trade-offs of Obamacare's preexisting condition coverage
  • Polls have consistently shown that even though the public opposes Obamacare, people like some of its most significant provisions. That's particularly true of the requirement that insurers ignore preexisting conditions when signing up customers for coverage. Yet that one provision, also known as guaranteed issue, is responsible for trade-offs that people bitterly oppose.
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    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. 
Haydn W

Inflation Forecast 2014-2014: Continued Mild Price Increases - 1 views

  • Inflation is likely to remain mild in the next two years, but first a caution: none of the inflation forecasting models is doing a good job these days.
  • the Phillips Curve was our primary way of looking at inflation. William Phillips found an inverse relationship between inflation and unemployment over the period 1861-1957. This simple approach was used here in the United States in the 1960s and 70s.
  • With lower unemployment you would expect greater inflation. However, the Phillips Curve does not explain why inflation didn’t go down much when our unemployment rate was high a few years ago.
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  • Milton Friedman said “Inflation is always and everywhere a monetary phenomenon . . . .” The relationship was solid for a long time, though financial changes in the 1990s made the theory harder to apply.
  • Unfortunately, the expectations-augmented Phillips Curve has not worked well in recent years. One study found that the predicted inflation for 2010 was negative 4.3 percent, while actual inflation was still positive.
  • Different theories tell us that the actual dynamics by which inflation changes are influenced not only by unemployment but also by inflation expectations.
  • Two different money concepts have been used, the money supply (such as the M2 definition) and the monetary base Recent data for both concepts indicate that inflation should have been much higher in recent years. The fact that inflation has accelerated very little suggests that in the current environment, the money-inflation connection is not very tight.
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    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. 
John B

What trade offs come with Austin housing? City investigates - Austin Business Journal - 0 views

  • housing prices are going up in the area — through they're still considered very reasonable compared to many coastal markets
  • The city's housing survey, conducted by the Austin office of Neighborhood Housing and Community Development, has so far found that more than half those who moved to Austin made some sort of trade off in order to live where they do.
  • more than half those who moved to Austin made some sort of trade off in order to live where they do.
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    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.
Clemente F

Euro zone inflation drops to lowest since 2009 - 4 views

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    The article discusses inflation in the eurozone.
Pietro AA

S. Korea's Economy Grows More Than Forecast as Exports Climb - Bloomberg - 0 views

  • South Korea’s economy expanded at a faster pace than forecast, showing momentum that could boost inflation pressures and build a case for a rate increase.
  • Gross domestic product grew 0.9
  • rivate consumption increased,
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  • Exports weathered the won’s 8 percent climb against the dollar
  • rowth will accelerate to the quickest pace this year since 2010, helping push inflation up to its target band.
  • he economy is doing well broadly, across exports, consumption and jobs
  • ncrease in the nation’s exports f
  • Growth was constrained by weakness in business investment,
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    great article about the macroeconomy of S.Korea. Maybe it gives too much info so it leaves less space for analysis.
Zuzanna G

Fed must choose: More jobs or less inflation - 1 views

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

There Is No Evidence Inflation Is Hitting the Poor Hardest - 1 views

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    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.
Clemente F

Italy agrees measures to tackle youth unemployment - 2 views

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

Indonesia's inflation seen slowing in April - 0 views

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    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. 
Hardy Hewson

Office of National Statistics: Wages Meet Inflation After Six Years - 0 views

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

Japan's consumer inflation set to reach five-year high | World news | The Guardian - 0 views

  • Country sees core consumer prices soar as sales tax hike forms part of PM Shinzo Abe's plan for reviving moribund economy
  • Core consumer prices in Tokyo, a leading indicator of nationwide inflation, appear to have risen by the largest amount for 22 years in April after an increase in Japan's sales tax drove up prices
  • The poll also suggested the headline figure for Japan's nationwide consumer inflation may have reached a five-year high in March
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  • Higher inflation is a key aim of the economic policies of the country's prime minister, Shinzo Abe, who was elected in 2012
  • Japanese consumer prices are expected to keep showing steady headway towards the Bank of Japan's 2% inflation target. But the erosion of consumer spending power due to the sales tax increase – to 8% from 5% – underlines the need for long-stagnant wages to catch up with inflation to underpin consumption and help economic recovery.
  • The core consumer price index for Tokyo, available a month before the nationwide data, is likely to have increased 2.8% in April from a year earlier
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    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.
Daniel B

Euro-zone lowflation - 0 views

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    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.
John B

Reserve Bank India may eventually tighten rates to tame inflation: HSBC - The Economic ... - 0 views

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    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
Amanda Anna G

Wage rises outstrip inflation for first time in six years - Telegraph - 1 views

  • Wage rises outstrip inflation for first time in six years
  • Wage rises are outstripping inflation for the first time in six years, official figures will show on Wednesday, leading to claims that the cost of living crisis is at an end.
  • Inflation figures showed a fall for the sixth month in succession to 1.6 per cent, leading Mr Osborne to say that it was “welcome news for families”. Meanwhile, the Office for National Statistics is expected to announce that regular pay is rising at a rate of 1.8 per cent, up from 1.3 per cent.
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    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. 
Zuzanna G

Supply, Demand and Unemployment benefits - 2 views

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

Spain unemployment to take 10 years to recover - report - RT Business - 1 views

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    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
Daniel B

Closing the gap - 0 views

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    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.
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