
This new economic model takes into account the fact you're irrational
Nick Bunker looks at a new paper that integrates some findings from behavioural economics into a New Keynesian macroeconomic model.
Nick Bunker is a Policy Analyst with the Washington Center for Equitable Growth. He is the lead contributor to Value Added, Equitable Growth’s daily column on economics research and the economic news of the day. His writing has been cited by the New York Times, the Washington Post, the Financial Times and other publications. Prior to joining Equitable Growth, he was a Research Assistant with the economic policy team at the Center for American Progress. Nick graduated from Georgetown University in 2010 with a degree in International Economics.
Nick Bunker looks at a new paper that integrates some findings from behavioural economics into a New Keynesian macroeconomic model.
New research examines long-term unemployment in the US.
Researchers have examined eligibility for subsidized lunches and the link to educational achievement and inequality.
US real wage growth has returned to pre-recession levels, but what could it mean for the Fed's interest rate plans?
The permanent income hypothesis, and how wealth inequality affects consumption.
The link between falling productivity growth and the Great Recession isn't clear, but this new research offers some clues.
In a recent speech Jason Furman, chair of the President’s Council of Economic Advisers, discussed the opportunities and challenges of AI.
New research suggests that policymakers should be working to encourage innovation from a much younger age.
A new report from the President's Council of Economic Advisors looks at male labour force participation.
Two new research conclusions look at how inequality could shape recessions - telling different stories.
The natural rate of interest is a concept developed by a late 19th and early 20th century Swedish economist, Knut Wicksell. This is why it matters.
US Jobs market seems to have a gap between job openings and job hires. Here's the complete information.
The United States is a less economically dynamic place than it was decades ago. Nick Bunker looks at what ails the US economy.