Paul Krugman

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197 Posts
Academic and writer for the New York Times
Another utility post: Truflation, a crypto-backed site that purports to offer an improved measure of inflation, doesn't offer a permalink to its estimate. But here's what it looks like
Utility post: Real GDP growth in G7, IMF pre-pandemic projection vs reality
Squishy numbers all around, but the point is that even given narrow concerns about potential GDP the rise in women's work was comparable to the much-hyped rise in globalization 4/

Compare with globalization; a while back I did a back-of-the-envelope on the gains from hyperglobalization, putting them at around 5 percent https://archive.nytimes.com/krugman.blogs.nytimes.com/2013/10/01/the-gains-from-hyperglobalization-wonkish/

3/

The Gains From Hyperglobalization (Wonkish)

A calculation I wanted to make.

Paul Krugman Blog

Link: https://fred.stlouisfed.org/series/LNS11300002

Given women's lower hours and earnings, a growth-accounting estimate would put the resulting rise in potential GDP ~ 5 percent, more if you consider capital endogenous 2/

Labor Force Participation Rate - Women

Graph and download economic data for Labor Force Participation Rate - Women (LNS11300002) from Jan 1948 to Oct 2024 about females, participation, 16 years +, labor force, labor, household survey, rate, and USA.

Utility post: I'm working on Claudia Goldin, and trying to put the economic important of rising female labor force participation in context. Between 1970 and 2000 the female LPR rose about 17 points, so an increase in overall labor supply of ~8 percent 1/
Utility post; not gonna give Musk content when I can help it. Three-year inflation rates since Reagan
What's happened to labor force participation
Another test
I've been neglecting this account. Testing whether I can use it to post figures