Questions tagged [united-states]
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Can the current rise in joblessness in the US be caused by the AI replacement?
Currently there are big concerns regarding possible recession in the USA maily based on growth of joblessness and reductions in payrolls. At the same time, other indicators do not show any economic ...
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Relationship between drop in inflation rate vs. increase in unemployment rate (and vice versa)
I've read that inflation has historically had an inverse relationship with unemployment. This means that when inflation rises, unemployment drops. Higher unemployment, on the other hand, equates to ...
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Putative Value of Niche Units of Measure (Natural Gas)
In the State of Connecticut (for example, this happens elsewhere as well) Natural Gas is denominated in Cubic Feet (ccf, actually, which is Hundred Cubic Feet). The US EIA also reports natural gas ...
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Why aren't more cities privately owned by a single company
There is a city in Southern California called Irvine, perhaps one of the only few "private" cities in the US. That doesn't mean it doesn't have an elected body or government. It's still ...
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Delinquency rate on student loans in the United States
Why is the delinquency rate (90 days+) on student loans at an all time low in the United States (as illustrated in the last Household debt and credit report of the New York Fed).
For most borrowers, ...
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Why is almond butter so much more expensive than peanut butter?
Why is almond butter so much more expensive than peanut butter?
At least this is true in the 🇺🇸, where I've seen almond butter 2× as expensive.
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Why do states regulate home insurance rates?
With increasing damages and volatility, home insurance companies increasingly withdraw from entire states, including former low-risk states like Iowa. I was puzzled by this at first: The normal ...
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Where can I find latest data of Foreign holdings of US Treasuries?
This seems to be the official website, but data is old.
https://ticdata.treasury.gov/Publish/mfh.txt
Is there one that is updated monthly?
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What happens to the British pound if the dollar collapses?
Hypothetically, if the dollar's value collapsed either over night or a fast down hill crash, what would happens to the value of the British pound?
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Can a Federal District Bank be negative in SOMA shares after interdistrict settlement?
I looked at publications examining whether the FED interdistrict settlement could apply to the Target-2 system. While most of my questions were answered, I am still left with one big issue I could not ...
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US population growth: "natural increase" vs "fertility rate"
Based on the 2017 US Census population projections through 2060, specifically table 1 (Projected population size and births, deaths, and migration), the "natural increase," which is US ...
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Does the American Dream have any economic meaning?
If you watch enough American TV, you inevitably see something like this: A comedian who originally came from another country (let's say India, although it could be almost any country) is being ...
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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 ...
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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 ...
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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, ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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....
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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 ...
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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). ...
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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 ...
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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 ...
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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 ...
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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, ...
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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 ...
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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:
...
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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 ...
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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 ...
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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 ...
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2
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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2
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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 ...
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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, ...
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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 ...
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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 ...
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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....
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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: $Y=AK^aN^{1-a}$...
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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 ...