Department of Economics
The resignation of one of the top officials at the Federal Reserve will have a "profound" impact in reshaping the board, said Professor Peter Ireland in the Boston Herald.
While the president may not trust the Bureau of Labor Statistics unemployment numbers, Economics Professor Bob Murphy says that the BLS is a world-class independent statistical agency that is inherently nonpartisan, and that mistrust of the BLS is "not justified."
Economists are concerned about the Trump administration's skepticism of the national unemployment rate. In CNN Money, Professor Bob Murphy said that the process and statistical analysis that go into producing the unemployment rate are "rock solid."
"In the Name of the Son (and the Daughter): Intergenerational Mobility in the United States, 1850-1940," Claudia Olivetti and M. Daniele Paserman, American Economic Review, (08/2015, PDF)
"Sufficient Statistics for Tariff Reform when Revenue Matters," James E. Anderson, and J. Peter Neary. Journal of international Economics, (2016, PDf)
"Information in Tender Offers with a Large Shareholder," Mehmet Ekmekci and Nenad Kos, Econometrica, (01/2016, PDF)
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