Nick Bunker
Equitable Growth
Washington, DC, United States
Contact Nick
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Past articles by Nick:
Understanding the importance of monopsony power in the U.S. labor market
With the launch of our new website, we are reintroducing visitors to our policy issue areas. Informed by the academic research we fund, these issue areas are critical to our mission of advancing evidence-based ideas that promote strong, stable, and broad-based economic growth. Through June and continuing in July, expert staff have been publishing posts … → Read More
The lack of Federal Reserve maneuvering room is very worrisome
This column for Bloomberg by the very sharp Tim Duy strikes me as simply wrong. Contrary to what the professor of practice and the senior director of the Oregon Economic Forum at the University of Oregon says, the Federal Reserve does have room to combat the next crisis, only if the next crisis is not … → Read More
Why macroeconomics should further embrace distributional economics
Ten years ago, some of the failings of macroeconomics models were made quite bare as the Great Recession ripped through the global economy. Economists were—and continue to be—criticized because their models seemed to lack any sort of connection to reality. Yet in one critical area, those charges don’t stick these days. Macroeconomists are increasingly not … → Read More
Puzzling over U.S. wage growth
Puzzling over U.S. wage growth on Equitable Growth | The state of U.S. wage growth these days is puzzling. The unemployment rate is below where it was before… → Read More
JOLTS Day Graphs: March 2018 Report Edition
JOLTS Day Graphs: March 2018 Report Edition on Equitable Growth | Every month the U.S. Bureau of Labor Statistics releases data on hiring, firing, and other… → Read More
How inequalities of wealth matter for consumption
How inequalities of wealth matter for consumption on Equitable Growth | If policymakers inject some money into the economy—whether it be through a tax cut… → Read More
What would lead to monetary overshooting by the Fed?
After years of dormancy, inflation in the U.S. economy just might be heading upward. The Federal Reserve’s preferred measure of inflation-the personal… → Read More
JOLTS Day Graphs: November 2017 Report Edition
JOLTS Day Graphs: November 2017 Report Edition on Equitable Growth | Every month the U.S. Bureau of Labor Statistics releases data on hiring, firing, and… → Read More
JOLTS Day Graphs: October 2017 Report Edition
JOLTS Day Graphs: October 2017 Report Edition on Equitable Growth | Every month the U.S. Bureau of Labor Statistics releases data on hiring, firing, and… → Read More
Just how tight is the U.S. labor market?
Just how tight is the U.S. labor market? on Equitable Growth | Overview Is the U.S. unemployment rate as low as it can go? After years of a very weak labor… → Read More
JOLTS Day Graphs: August 2017 Report Edition
JOLTS Day Graphs: August 2017 Report Edition on Equitable Growth | Every month the U.S. Bureau of Labor Statistics releases data on hiring, firing, and other… → Read More
Old companies may be slowing down the U.S. economy
Old companies may be slowing down the U.S. economy on Equitable Growth | Though Stevie Nicks didn’t sing about them, firms are getting older too. The age of… → Read More
Another lesson from the 1930s for the Federal Reserve
The disoriented series of economic events over the past decade may seem unprecedented, but there are very few new things under the macroeconomic sun. Not even the upcoming unwinding of the Federal… → Read More
JOLTS Day Graphs: July 2017 Report Edition
JOLTS Day Graphs: July 2017 Report Edition on Equitable Growth | Every month the U.S. Bureau of Labor Statistics releases data on hiring, firing, and other… → Read More
When the next recession hits, how will fiscal stimulus affect government debt sustainability?
When the next recession hits, how will fiscal stimulus affect government debt sustainability? on Equitable Growth | There’s a strain of thinking that argues… → Read More
The importance of equitable growth for future mobility in the United States
A recent paper looks at the likelihood that a child would earn the same amount of money or more than their parents at the same age. → Read More
Is declining competition causing slow U.S. business investment growth?
A new paper looks for evidence of a causal relationship between competition and investment. → Read More
Is the Fed being misguided by the Phillips curve?
Looking at the numbers, there’s some reason to be skeptical of the Federal Reserve’s implicit Philips curve. → Read More
Monetary policy via income redistribution
Monetary policy via income redistribution on Equitable Growth | Traditionally, central bankers haven’t considered income and wealth inequality much when they… → Read More
What unconventional policies are likely to stay in central bankers’ toolkits?
According to a recent paper from four economists, monetary policy innovations of the financial crisis era are likely to remain in central bankers’ toolkits. → Read More