macro, fiscal, Fed. creator of the Sahm rule recession indicator. Stay-At-Home Macro (SAHM) Substack.
Claudia Rae Sahm is an American economist, currently serving as Chief Economist for New Century Advisors. She is also the founder of Sahm Consulting. Claudia was formerly director of macroeconomic policy at the Washington Center for Equitable Growth, and a Section Chief at the Board of Governors of the Federal Reserve System, where she worked in various capacities from 2007 to 2019. Sahm specializes in macroeconomics and household finance. She is best known for the development of the Sahm rule, a Federal Reserve Economic Data (FRED) indicator for identifying recessions in real-time. .. more
Reposted by Menzie Chinn, Iikka Korhonen, Trevon D. Logan
www.youtube.com/watch?v=KckG...
www.federalreserve.gov/newsevents/s...
The Fed can’t defend itself from the White House. The Senate and the courts will have to step up. Will they?
www.youtube.com/watch?v=KckG...
www.federalreserve.gov/newsevents/s...
Reposted by Anne Applebaum, Stephen M. Walt, Kori Schake , and 88 more Anne Applebaum, Stephen M. Walt, Kori Schake, Claudia Sahm, Edward Witten, Daniela Gabor, Christian Odendahl, Nandita Sharma, Yuriy Gorodnichenko, Menzie Chinn, Axel Bruns, Will Jennings, Peter Thorne, Brendan Nyhan, David Dunning, Jennifer A. Richeson, Patrick A. Jansen, Alf Norkko, Joshua S. Weitz, Robert W. Wallace, Andrew Watt, David H. Kaye, Michael A. Clemens, David Feldman, Jonathan Wolff, Kevin Milligan, Rosemary A. Joyce, Richard Ashby Wilson, Caroline Krafft, Monika Schnitzer, David Rothschild, Guy Grossman, Ryan Enos, Shelly Lundberg, Ameet Sarpatwari, Michael Kevane, Iikka Korhonen, Trevon D. Logan, Laurent Pech, Robert C. Richards, Charles W. Smith, Lindsay M. Tedds, David L. Ortega, Rebecca Tushnet, David R. Miller, Silvia Secchi, Aaron Sojourner, Michael Zimmer, Holger Nehring, Gerald Friedman, Nazita Lajevardi, Scott A. Imberman, Robert B. Reich, Henry Farrell, Michael D. McDonald, Dean Eckles, Julia M. Wright, Brian Keegan, William Myers, Maria Abreu, Michael Müller, Michael Jones‐Correa, Kate Starbird, Shannon W. Anderson, Lisa Diedrich, Daniel Kuehn, Susan Strasser, Andrew Guthrie Ferguson, Alessandro Rigolon, Marcus Credé, Hisham Zerriffi, Simon Lester, Jay Shambaugh, Matthew Bodie, Tim Stephens, Peter Gratton, Aviel Roshwald, Martha Starr, Olúfẹ́mi Táíwò, Farah Mendlesohn, Nathan P. Kalmoe, Michael Evans, Ryan Calo, Timothy D. McBride, Ryan Goodman, Jeroen Van Bouwel, Suzanne Mettler, Kimberly A. Clausing, Stuart Shapiro, David Darmofal, Peter Jacobs
www.youtube.com/watch?v=KckG...
www.federalreserve.gov/newsevents/s...
Reposted by Iikka Korhonen
And the resistance now at the Fed? The 'audacious act' of focusing on their work and not the circus of Fed Chair sweepstakes.
I honestly don't get this argument.
Reposted by Claudia Sahm
Reposted by Claudia Sahm
🚨 My First Working Paper 🚨 using broader labor-utilization measures, like a U6-based @claudia-sahm.bsky.social style rule, flags recessions months before dating.
Please read + share:
papers.ssrn.com/sol3/papers....