Stay-At-Home Macro (SAHM)

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It's what you thought you knew but didn't that breaks your heart: GDP revision edition
This week, the Bureau of Economic Analysis will update the national accounts, which include GDP and other key statistics. It could alter the narrative…
 • 
Claudia Sahm
10
Why can't we shake the gloom? It's more than inflation or higher prices.
What should be good news for people seems to be falling flat even relative to prior times with high inflation.
 • 
Claudia Sahm
61
Labor Day is the end of summer. What if it's the end of the strong labor market, too?
It does not have to be.
 • 
Claudia Sahm
5
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Let's get real: the American Rescue Plan was the best economic policy in forty years
 • Claudia Sahm
14
Ban the Phillips Curve
 • Claudia Sahm
37
Why can't we shake the gloom? It's more than inflation or higher prices.
 • Claudia Sahm
61
Olivier throws it down: the Fed does not decide what is inflation is, we do
 • Claudia Sahm
24
The Sahm rule: I created a monster
 • Claudia Sahm
8
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The Star-ry Night in Jackson Hole
Central bankers will soon travel to Jackson Hole, Wyoming, as they do every year, to think big thoughts on monetary policy and relax under the stars.
 • 
Claudia Sahm
12
What would Frances Perkins do?
With the anniversary of the Inflation Reduction Act, comparisons of President Biden to F.D.R. and his legislation to the New Deal. But there's something…
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Claudia Sahm
11
How good is the economics in Bidenomics?
Last week, President Biden laid out his thinking on economic policy, so how does it line up with the thinking of economists?
 • 
Claudia Sahm
21
Looking local for early signs of trouble
Too often, we stop at national data to spin our story about the economy. Even though it's the local economy where workers and small businesses live…
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Claudia Sahm
14
Inflation: it's "complicated"
What's been causing inflation is important. Get it wrong, and we get the wrong policies. And we learn the wrong lessons for the future.
 • 
Claudia Sahm
17
Price-price spirals take us for a spin
Macroeconomists fiercely debate the causes of inflation now and how policymakers should respond. Profits as a driver of inflation is an especially…
 • 
Claudia Sahm
35
Is the Fed data-driven or data-ridden?
The Federal Reserve constantly reminds us that its decisions are “data-driven” or “data-dependent.” But what does that even mean? And what are the…
 • 
Claudia Sahm
25
Stay-At-Home Macro (SAHM)
Stay-At-Home Macro (SAHM)
My goal is to make economic policy and macroeconomics better.
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