Paul Krugman

@paulkrugman ↗

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Last Checked Oct. 10, 2022

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Thu Sep 08 17:40:46 +0000 2022

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Paul Krugman @paulkrugman

A lot of discussion out there about their use of vacancies to unemployment as a measure of labor market tightness. Indeed, the apparent outward shift in the Beveridge curve is the main driver of their pessimism. What do I think about that? No strong views 2/ — PolitiTweet.org

Posted Sept. 8, 2022

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Paul Krugman @paulkrugman

So, I'm reading the Ball/Leigh/Mishra paper Jason Furman calls "the scariest economics paper of 2022." It definitely paints an ugly picture. And these are serious guys, not at all permahawks. Their grimness might well be right. But I have questions 1/ https://t.co/ZCDekMAIq9 — PolitiTweet.org

Posted Sept. 8, 2022

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Paul Krugman @paulkrugman

Reasonable people on all sides here, and I don't feel that I understand post-Covid labor markets well enough to make a judgment. Put it this way: if we've had enough structural change to massively shift the B curve, we've also had enough to screw up standard measures. So, ??? 3/ — PolitiTweet.org

Posted Sept. 8, 2022