Questions tagged [united-states]
The united-states tag has no usage guidance.
95
questions
0
votes
1
answer
41
views
Why do all filled bids receive the same rate, which is the rate of the lowest filled bid, during the US Treasury auction process?
This question pertains to the US Treasury auction process. {1} states:
Treasury auctions are designed to minimize the cost of financing the national debt by promoting broad, competitive bidding and ...
3
votes
0
answers
67
views
How can there be a "lack" of workers? The Vanishing American Worker
I don't understand the current economic situation. The savings rate is at a long-time low. Something like 30% of Americans failed to pay mortgage or rent in June, inflation is signficantly increasing ...
- 1,728
4
votes
1
answer
72
views
Why is the Chinese stock market weak while its economy is strong?
China's economy has had a decent growth rate even post-2008 however, the stock market indices appear to be weak and stuck at more or less the same level since long time as shown below for Shanghai, ...
- 153
1
vote
0
answers
45
views
United States - Is it the case that cost-push inflation is debunked?
While cost-push inflation makes intuitive sense for explaining the inflation uptrend in recent years: disruptions to the supply chain and volatile energy markets lead companies to pass on price hikes ...
- 1,091
3
votes
1
answer
211
views
What would happen if China were to suddenly stop all trade with the US?
What would happen if China were to suddenly stop all trade with the US (for political reasons)? Have any respectable economists made any predictions about the consequences of such a move for the ...
- 501
5
votes
3
answers
543
views
In US, was there an instance in the history when two consecutive quarters of GDP decline wasn't classified as recession?
This topic has been a bit politicized. The common perception that two consecutive quarters of negative GDP growth counts as a recession is a myth. There is actually a committee that determines whether ...
- 151
1
vote
0
answers
20
views
Survey of Consumer Finances - What counts as a family?
I am looking at the Federal Reserves survey of consumer finances. I am wondering what counts as a family? For example, would a single person living alone count as a family?
What about an adult son ...
- 123
2
votes
1
answer
117
views
Are High Inflation Rates In Foreign Countries Unrelated to High Inflation Rates In The United States?
This recent question on politics.se is asking about the cause of high inflation in the United States. One of the statements made in the question is:
...since many countries are also experiencing high ...
- 123
1
vote
2
answers
62
views
How can employment be up but production is down?
I don't really understand current macro economics. There is definite scarcity. Production of practically every major commodity and common durable goods is down. This is causing prices to increase, as ...
- 1,728
3
votes
1
answer
51
views
Does high inflation in the UK and US have the same cause?
UK inflation has risen to 7%, the highest rate it has been for 30 years, and could reach 10% by the end of the year. But also The consumer price Index, which averages prices across America, rose by 8....
- 131
1
vote
0
answers
56
views
Effect of green energy on petro dollar system
US economy in part related to petrodollar system where all oil from Saudi to be traded in US dollars there by creating demand for dollars. What happens to this system and its impacts when world ...
- 119
0
votes
1
answer
63
views
Why there was inflation before Nixon shock in august 1971 in the US?
As far as I know before August 1971 the US dollar and gold were convertable. Means that every US dollar was backed by some fix amount of gold in the US treasury or central bank (I don't know exactly). ...
- 125
1
vote
1
answer
84
views
Eurodollars - the real reason for the "Greenspan conundrum?"
While the jury seems to still be out on a similar question I posed earlier: Why did Greenspan think rate hikes would increase treasury term premiums?, I have recently begun entertaining an entirely ...
- 1,091
1
vote
2
answers
62
views
Why does a company need to pay 90% of its income as dividends to qualify as a REIT?
I came across this page on Investopedia that says that according to the US tax code, to qualify as a REIT, a company must pay a minimum of 90% of taxable income in the form of shareholder dividends ...
- 111
1
vote
1
answer
283
views
Did Biden's stimulus packages cause inflation in the US?
Can we state with high confidence that Biden's stimulus packages were indeed a major factor in the spiraling (or, at least, pretty high) inflation in the US? Did Biden go over the top with it after ...
- 1,187
1
vote
2
answers
290
views
How leveraged are banks in the United States?
My understanding of fractional-reserve lending is that it allows for banks to only keep a small fraction of raw currency in reserve, and lend out the rest. When this lent out money is put into banks, ...
- 139
1
vote
1
answer
90
views
List of private investors who own the most US debt
At this website (document `Federal debt', table FD-5) I see that more than 16 trillion dollars of US debt is owned by private investors. Is there a list available of the private investors who own the ...
- 37
5
votes
1
answer
184
views
A large spike in home ownership in the U.S. in 2020: why?
Noah Smith's blog post "Yes, most Americans own capital" states
A majority of American households — consistently a little less than 2/3 — are homeowners:
and follows that up with a figure:
...
- 2,131
1
vote
1
answer
34
views
Are there an official divide of regions for economic data in united states?
When I was viewing economic data charts for US, I see these 8 different divisions:-
1)
2)
3)
BEA regions: which contains:
Far West: Alaska, California, Hawaii, Nevada, Oregon, Washington.
Great ...
- 113
0
votes
1
answer
29
views
What would the theoretical ramifications of a mass sell-off of United States bonds be?
If a sovereign nation or nations were to sell off large amounts (say 30%) of United States bonds, what effects would it have on the United States' economy and debt situation? I am guessing that a mass ...
-1
votes
1
answer
42
views
Can economic models predict China overtaking the United States?
I recently read an article about China's economic progress:
Chinese economy to overtake US 'by 2028' due to Covid
Can models and simulations based on economic data predict when China's economy will ...
0
votes
2
answers
269
views
What percentage of utils do the top 1% pay in tax
A commonly cited statistic in American politics is the top 1% of Americans earn 20% of all income, but may 40% of all income taxes. This is measured in dollars, however, and a dollar is worth more to ...
0
votes
1
answer
49
views
Why West Virginia is one of the least-vaccinated states in the country due to cash giveaway announcement?
In a newspaper, I saw the paragraph
In some U.S. states that held lotteries for vaccine recipients, with
some prizes reaching the million-dollar mark, leaders reported upticks
in interest, but it’s ...
- 1,068
1
vote
0
answers
31
views
Are there any state-level data on US banking regulation stringency?
In Barth, Caprio, and Levine (2008) Rethinking bank regulation: Till angels govern. Cambridge University Press, authors assemble and showcase large dataset on stringency of banking regulation and ...
- 50.3k
3
votes
1
answer
41
views
Where can I find resources that show the median or mean effective taxation on households in the United States divided into percentiles?
I am looking for a resource similar to this website that shows the mean effective federal taxation on households in different percentiles broken down into percentiles (and even shows historical data ...
- 145
0
votes
1
answer
56
views
Have the deregulation measures that caused the 2007-2008 crisis been rolled back?
The 2007-2008 financial crisis was largely attributed to several deregulation measures, especially the Gramm-Leach-Bliley act. Have any of these measures been rolled back after the crisis, or new ones ...
- 501
43
votes
3
answers
9k
views
Why is healthcare so expensive in the USA?
I find this phenomenon to be kind of puzzling.
USA is one of the countries with one of the highest purchasing powers in the world, yet when it comes to healthcare an standard US citizen is likely to ...
- 611
0
votes
2
answers
81
views
What is the purpose of taxes if central banks can fund deficit spending?
Somewhat straight forward. If the federal reserve can print money to buy treasuries to fund deficit spending, what is the purpose of taxes? Sure, taxes reduce the amount of deficit that needs to be ...
- 191
1
vote
1
answer
56
views
Why is the Social Security tax split midway between employer and employee?
On page 99 of Hidden Order, David Friedman writes:
Social Security taxes are paid half by the employer and half by the worker. How would the effect of the tax change if it
were collected entirely ...
- 199
0
votes
1
answer
80
views
Does Russia have higher inflation than US and Canada? If so, why in this particular case does money supply increase doesn't lead to higher prices? [duplicate]
My understanding is that Russian inflation in recent years is considered to be running in the 5-6 % range, while US and Canada - in the 2-3% range (as measured by price increases/CPI). But I'd expect ...
- 101
-1
votes
1
answer
25
views
What was the annual real growth rate in the US from 2010 to 2015?
If we look at the US M0 money supply after the global financial crisis (GFC):
we see that it doubled from 2010 to 2015.
If we look at the Consumer Price Index in the same period:
it rose by 8%.
So ...
- 219
4
votes
2
answers
312
views
Is modern monetary theory sustainable?
I am looking around at a lot of the central banks around the world (primarily ECB, Fed, and BOJ) and they all seem to be simply printing their way out of any issues with their economies. As far as I ...
- 191
3
votes
1
answer
96
views
Can inflation show up in assets without necessarily being reflected in classic inflation indexes?
I have been having an argument with a friend of mine who obtained an economics degree in college. I have been arguing that increased money supply from the fed has led to inflation in asset prices, ...
- 191
4
votes
1
answer
71
views
What was the US monetary policy like in the 70s?
Today the US inflation target is roughly 2%.
However in 1974 the inflation rate was 11% and in 1980 it was 13.5%.
What monetary policy did they follow at that time that allowed the inflation to rise ...
- 219
0
votes
0
answers
18
views
Has the loan of securities from a retail investor to a well-established US broker ever resulted in a financial loss to the retail investor?
Retail investors may opt to loan some of the shares to their brokers:
In theory, one of the risks is that the broker and the collateral may have some issue, leaving the retail investor with a ...
1
vote
0
answers
19
views
Does the SEC have the list or definition of indexes that an ETF is allowed to track to be classified as an Index-Based ETF?
The SEC Investor Bulletin on Exchange-Traded Funds (ETFs) (mirror) divides ETFs into two classes: Index-Based ETFs and Actively Managed ETFs. As its name indicates, index-Based ETFs track some indexes....
0
votes
1
answer
137
views
Values of A,K,N,a in Cobb-Douglas function expressing GDP
In many basic macroeconomics textbooks a Cobb-Douglas production function with constant returns to scale is used to express the output of the economy as a function of labor and capital: $Y=AK^aN^{1-a}$...
0
votes
1
answer
58
views
Why is the Fed worried about short term interest rates going negative?
I refer to the following article: https://www.bloomberg.com/opinion/articles/2021-02-25/negative-interest-rates-could-be-trouble-unless-fed-acts, notably the following paragraph:
Market observers ...
- 109
0
votes
1
answer
107
views
Can the US government selectively cancel debt held by the Federal Reserve?
Sort of a follow-up to this question on the Politics SE, which asked about the US government cancelling debt held by China.
From the answers to that question, this kind of selective default is not ...
- 1,198
1
vote
0
answers
46
views
K-shaped recovery - is there a benign explanation for it?
I am often skeptical of emphasis placed on this "alphabet soup" that has surrounded the shape of the economic recovery. Given the uncertainties at play with this type of forecasting, it may ...
- 1,091
39
votes
5
answers
10k
views
Did real incomes drop significantly since the 1950s?
From what I heard, in 1950s America, you didn't have to go to college to support a large family and a stay-at-home wife. People could buy houses easily, drove giant cars and didn't worry about gas ...
- 501
3
votes
0
answers
50
views
Most outsourced industries of USA?
Which industries reduced the most in the USA as a result of outsourcing and imports?
Maybe textiles is one of them. I heard about a rust belt. Which ones are the others?
- 972
1
vote
2
answers
84
views
Why is the U.S. birth rate considered below replacement if more people are being born than are dying annually?
In 2018 there were 3.85 million births and 2.81 million deaths.
My understanding is that the U.S. birth rate is near or below replacement rate, but I don't understand why. If more people are being ...
- 121
1
vote
0
answers
48
views
How can I obtain monthly unemployment by ethnicity by state for the US?
Grateful for any help, thoughts and direction.
- 163
1
vote
1
answer
50
views
What's holding the U.S. from decreasing unemployment by cutting H1B limits?
I don't understand why doesn't the U.S. decrease the number of H1B visa holders (foreign workers) during the current economic crisis? The unemployment is skyrocketing, wouldn't this measure decrease ...
- 21
0
votes
3
answers
467
views
How does an increase in USD money supply affect inflation?
Say an average american household is bringing in $50,000 a year.
Between ongoing quantitative easing and the drastic stimulus packages passed in February-May 2020, the USD Money Supply increased by 25%...
- 121
0
votes
0
answers
34
views
Must US Treasury backstop US Federal Reserve?
The Constitutional Case for the Fed's Treasury Backstops | Cato @ Liberty writes no, I think? But I don't quite understand the financial terms iike "lever-up", backstop", "helicopter money". I looked ...
user27893
1
vote
1
answer
43
views
Under what BLS line do "people who want a job but haven’t searched in the last 12 months" show up?
I'm trying to understand how this CNN math was derived:
This category — jobless people who “want a job now” but “did not search for work in the previous year” — has hovered around 3 million workers ...
- 3,888
0
votes
1
answer
48
views
Where can I find charts with the amount of treasuries in existence?
Is there a place where I can see a chart with the amount of treasuries in existence organized by treasury type?
Ideally it would be a resource that has multiple charts (for bills, notes, bonds etc...)...
- 63
0
votes
1
answer
33
views
What exactly is on the Fed balance sheet?
All the rage these days is how crazily big the Fed's balance sheet has grown. Looking on federalreserve.gov, I can see its value topped up ~6,573,136 millions USD (~6 trillion USD).
Fine, but is ...
- 223