Thomas Klitgaard |
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Economic Research Advisor |
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What Was Up with Grocery Prices? Can Electric Cars Power China’s Growth? Spending Down Pandemic Savings Is an “Only-in-the-U.S.” Phenomenon Assessing the Outlook for Employment across Industries The Disconnect between Productivity and Profits in U.S. Oil and Gas Extraction How Have the Euro Area and U.S. Labor Market Recoveries Differed? How Much Have Consumers Spent on Imports during the Pandemic? Is the United States Relying on Foreign Investors to Finance Its Bigger Budget Deficit? What Is behind the Global Jump in Personal Saving during the Pandemic? Has the Pandemic Reduced U.S. Remittances Going to Latin America? Reconsidering the Phase One Trade Deal with China in the Midst of the Pandemic Japan’s Experience with Yield Curve Control W(h)ither U.S. Crude Oil Production? Does a Data Quirk Inflate China’s Travel Services Deficit? How Has Germany’s Economy Been Affected by the Recent Surge in Immigration? The Perplexing Co-Movement of the Dollar and Oil Prices Is the United States Relying on Foreign Investors to Fund Its Larger Budget Deficit? Will Demographic Headwinds Hobble China’s Economy? Recycling Oil Revenue The Evolution of Mexico’s Merchandise Trade Balance The End of China’s Export Juggernaut The Need for Very Low Interest Rates in an Era of Subdued Investment Spending Inflation and Japan’s Ever-Tightening Labor Market The Rapidly Changing Nature of Japan’s Public Debt Crisis Chronicles: Gold, Deflation, and the Panic of 1893 The Turnaround in Private and Public Financial Outflows from China What Tracks Commodity Prices? Crisis Chronicles: The Long Depression and the Panic of 1873 The Importance of Commodity Prices in Understanding U.S. Import Prices and Inflation Crisis Chronicles: Defensive Suspension and the Panic of 1857 Do Asset Purchase Programs Push Capital Abroad? Falling Oil Prices and Global Saving Crisis Chronicles: The Man on the Twenty-Dollar Bill and the Panic of 1837 Demographic Trends and Growth in Japan and the United States The Declining U.S. Reliance on Foreign Investors High Unemployment and Disinflation in the Euro Area Periphery Countries Comparing U.S. and Euro Area Unemployment Rates Japan's Missing Wall of Money Capital Flight inside the Euro Area: Cooling Off a Fire Sale Foreign Borrowing in the Euro Area Periphery: The End Is Near The Different Paths of Greece and Spain to High Unemployment Income Flows from U.S. Foreign Assets and Liabilities Euro Area Spending Imbalances and the Sovereign Debt Crisis Central Bank Imbalances in the Euro Area The Vanishing U.S.-E.U. Employment Gap Would a Stronger Renminbi Narrow the U.S.-China Trade Imbalance? Thomas Klitgaard's CV The views expressed in the papers listed on this page are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System. |