Private Sector Social Contributions Shocks and lagged macro-economy effects
Shocks affecting disposable income of households, Three fiscal shocks crucially affect the disposable income of households. These shocks are associated with direct taxes paid by households, social contributions paid by households and social benefits received by households (i.e. social transfers…
4-Week Average Jobless Claims increase to 240000, expect higher Unemployment
United States 4-week average jobless claims have increased to 240,000 from the previous 238,000, indicating that the U.S. economy is slowing the pace of hiring while the marginal profitability of American businesses shrinks. Price Stability is a Total fallacy and…