UMN Economics
@umn-econ.bsky.social
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Representing the University of Minnesota Department of Economics
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UMN Economics
@umn-econ.bsky.social
· Aug 25
US Debt-to-GDP of 250% Won’t Push Up Rates: Jackson Hole Paper
US government debt could reach 250% of gross domestic product without putting upward pressure on interest rates, according to a paper presented at the Federal Reserve’s Jackson Hole conference.
www.bloomberg.com
Reposted by UMN Economics
UMN Economics
@umn-econ.bsky.social
· Jul 11
Understanding the impact of private equity on employees
The growth of the private equity in recent years has raised concerns about its consequences. This column matches 2.5 million workers who were employed by 3,600 firms in the US that underwent leveraged buyouts with workers at firms that were not acquired to explore the effects of private equity on labour market outcomes. The authors find that unemployment for workers at bought-out firms rises and wages fall substantially after buyouts, with wage losses concentrated among those who leave the bought-out firm. These dynamics appear to be the result of private equity acting to increase efficiency rather than exploiting labour market power.
cepr.org
UMN Economics
@umn-econ.bsky.social
· Jun 26
UMN Economics
@umn-econ.bsky.social
· Jun 18
Season preview- Trade wars, tradeoffs, and turbulence: Examining economics in the Trump-era
The four-episode series delves into the policy priorities of Trump's second term, from Federal Reserve independence to inflation, foreign trade, and the U.S. relationship with China.
cla.umn.edu
UMN Economics
@umn-econ.bsky.social
· Apr 23
Fed's Kugler, citing inflation risks, supports steady policy rate
Federal Reserve Governor Adriana Kugler said on Tuesday that with U.S. import tariffs significantly larger than expected and likely to put upward pressure on prices, the central bank ought to keep short-term borrowing costs unchanged until inflation risks recede.
www.reuters.com
UMN Economics
@umn-econ.bsky.social
· Apr 7