December 4, 2023

MainStreet Macro: Bumpy rides and soft landings

I spent last week at a lovely hotel in France with a beautiful view of the ocean. Naturally, because I’m an economist through and through, the ocean view had me thinking of inflation news on both sides of the Atlantic. Two of the world’s largest economies – the United States and the European Union – have suffered with big bouts of high inflation since the pandemic. Now, they’re adjusting to higher, for possibly longer, interest rates in three important ways.
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June 29, 2023

When using AI to predict pay, context matters

by Tim DeckerBen Hanowell

We built an algorithm to predict wages from job titles. Our findings reveal the promise and pitfalls of artificial intelligence as a way to study the labor market.
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