Jacob Solomon's group - M2015(B)

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

This article is dealing with a book called "Dead Men" that is about how the government is so divided into two halfs, where both try to stay away from increasing taxes as that is what the voters mostly look for.

This article discusses how less inequality does not mean less efficiency looking at trade offs.

This article details France's success in it's road to recovery following the Eurozone sovereign debt crisis. This week the IMF has hailed president François Hollande's cutback path to repair the countries economy but commented that his targets may be 'very challenging.' This comes after the French government has delivered vast savings through austerity measures whilst retaining general stability despite the rise of far-right groups like The Front National. In my opinion for a country in the eurozone Hollande's France seems to be doing well for itself on the road to recovery and could set an example for other Eurozone countries, like Greece and Portugal.

As a number of officials wanted to give more information about how long the US Federal Reserve will wait before it starts to reduce the size of its balance sheet, the central bank starts to plan an exit from easy monetary policy. 

As early as next month, the European Central Bank is expected to act to counter persistently low inflation and to try to invigorate the eurozone's lethargic economy. Among the evidence the ECB will weigh: Thursday's report that the 18 countries that use the euro collectively grew just 0.2...

This article shows how one city could be responsible for the growth of a whole country. The growth in london is mostly due to big economic activity as money is constantly being invested and injected, the circular flow is also very fast. 

Agustin Carstens, governor of the Central Bank of Mexico warns about the spillover affects into the developing world from advanced economies' banks' monetary policies. Money has found its way into emerging markets leading to higher exchange rates and weakening exports according to Carstens. This is a dangerous bubble that could be liable to burst should growth pick up soon. Overall this article provides an interesting insight into how one countries policy choices can have global consequences and how international economics really is.

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.

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 deals with the long- and short term unemployment and their impact on inflation. Federal Reserve's paper gives doubts whether there is any difference between them. Worth looking through!

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

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

The article discusses inflation in the eurozone.

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.

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. 

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 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.