What caught my eye: The labor market then and now, central bank interest rates, you need quiet time, and much more…

 

“The US labor market has experienced significant changes since the turn of the century. Some of the most profound changes were driven by technology, others shaped by business, policy, and shifting social norms. Two enormous economic shocks, the Great Recession of 2007–2009 and the pandemic recession of 2020, also drove changes in the economy and labor market.”

The Labor Market, Then and Now: The First Two Decades of the 21st Century

By Nyerere Hodge, Stuart Andreason, and Carl E. Van Horn

https://www.atlantafed.org/cweo/workforce-currents/2023/09/07/the-labor-market-then-and-now-the-first-two-decades-of-the-21st-century

“Since the global financial crisis, the Federal Reserve has relied on two main rates to implement monetary policy—the rate paid on reserve balances (IORB rate) and the rate offered at the overnight reverse repo facility (ON RRP rate). In this post, we explore how these tools steer the federal funds rate within the Federal Reserve’s target range and how effective they have been at supporting rate control.”

The Federal Reserve’s Two Key Rates: Similar but Not the Same? By Gara Afonso, Marco Cipriani, Gabriele La Spada, and Peter Prastakos:

“The Outlook for Long-Term Economic Growth: What are the prospects for economic growth in the United States and other advanced countries over the next several decades?… growth rates could slow in the future. This prediction is reinforced by declining population growth throughout the world. In contrast, other forces could potentially sustain or even increase growth. The emergence of countries such as China and India provides large numbers of people who could search for ideas. Improvements in the allocation of talent — for example, the rise of women inventors — and increased automation through artificial intelligence are other potential tailwinds.” by Charles I. Jones:

https://www.nber.org/papers/w31648

or http://web.stanford.edu/~chadj/

Interview with Benjamin Spock de Vries on the carbon economy. Highly recommended:

“Charting a Course Through Rough Seas: How Emerging Markets Can Navigate Tougher External Conditions” Keynote Address by First Deputy Managing Director Gita Gopinath at the South African Reserve Bank Biennial Conference:

https://www.imf.org/en/News/Articles/2023/09/sp090123-gita-gopinath-keynote-address-at-the-sarb-biennial-conference?

“Financial Risk Forecasting: The Theory and Practice of Forecasting Market Risk: Financial Risk Forecasting provides a thorough introduction to practical quantitative risk management, with an emphasis on market risk.” by Jon Danielsson:

https://www.financialriskforecasting.com/

“The Busier You Are, the More You Need Quiet Time” by Justin Zorn and Leigh Marz

https://hbr.org/2017/03/the-busier-you-are-the-more-you-need-quiet-time?

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