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Author:Kliesen, Kevin L. 

Journal Article
A report on economic conditions in the Little Rock zone

Burgundy Books , Issue 2Q

The Rise (and Fall) of Inflation During the Early 2020s

Inflation has been on many people’s minds. There are several measures of inflation available, and each one plays a role in providing a more complete understanding of inflation’s causes and effects. This Page One Economics® Econ Primer describes key measures of inflation, including the consumer price index, and how the Federal Open Market Committee pays particular attention to these measures as it makes policy decisions—adjusting its policy stance when necessary to move the economy toward maximum employment and price stability.
Page One Economics Newsletter

Journal Article
The Year of Living Dangerously: The COVID-19 Shock and the Probability of Deflation

With inflation currently low, the probability that it turns negative (deflation) will likely increase over the near term.
Economic Synopses , Issue 14

Journal Article
How susceptible is the United States to the Asian flu?

The financial maladies that have afflicted East Asian nations recently have left many policymakers feeling ill at ease. But is there true cause for concern?
The Regional Economist , Issue Apr , Pages 10-11

Journal Article
How good are the government’s deficit and debt projections and should we care?

Each year, the Congressional Budget Office (CBO) publishes its Budget and Economic Outlook. The CBO?s deficit projections for the current fiscal year (FY) and the next 10 FYs are widely followed because they provide an assessment of the medium-term budget outlook based on current law and a presumed path for the economy over the next decade. Admittedly, this task is more difficult because of the required assumption that the laws governing future outlays and revenues do not change. Nevertheless, given its nonpartisan nature and the CBO?s well-respected staff of professional economists and ...
Review , Volume 94 , Issue Jan , Pages 21-39

Journal Article
A guide to tracking the U.S. economy

Analyzing and forecasting the performance and direction of a large, complex economy like that of the United States is a difficult task. The process involves parsing a great deal of data, understanding key economic relationships, and assessing which events or factors might cause monetary or fiscal policymakers to change policy. One purpose of this article is to reinforce several key principles that are useful for tracking the U.S. economy?s performance in real time. Two principles stand out: First, the economy is regularly hit by unexpected economic disturbances (shocks) that policymakers and ...
Review , Volume 96 , Issue 1 , Pages 35-54

Journal Article
A report on economic conditions in the St. Louis zone

Burgundy Books , Issue 1Q

Journal Article
Economy still growing albeit at a tepid pace

The Regional Economist , Issue Oct , Pages 22

Journal Article
The economy continues to strengthen, but risks remain

The Regional Economist , Issue Apr , Pages 17

Journal Article
Assessing the generational gap in future living standards through generational accounting

Figuring out how to equalize the tax burden across generations is easy. Deciding who's going to pay for it is the hard part.
The Regional Economist , Issue Apr , Pages 5-9




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