An industry or company’s contribution to GDP is determined by the value it adds to the inputs it uses (its gross value added, or GVA); from an income perspective, this should be equal to the sum of a company’s profits and its expenditure on wages… [Please click below to read the full note.]
The case for free entry to museums comes from the positive spillovers for society that are not captured in private market demand, writes Fathom economist Ingrid Standal in this week’s #ThankFathomItsFriday fathom-consulting.com/free-mu…
Ratesetters are keeping monetary policy separate from tackling problems in the banking system, but there are conflicts between rate hikes and liquidity provision. More in this the latest #FathomRecessionWatch fathom-consulting.com/researc… pic.twitter.com/gt4kVPGdR7
Central banks pressed ahead with rate hikes in March amidst concerns about the banking system. High levels of implied volatility on Treasury options suggest investors are unsure about where short and long rates go from here #FathomRecessionWatch fathom-consulting.com/researc… pic.twitter.com/alA9ndMl8s
Markets are pricing US rate cuts from this summer, but only moderate ones — we see that as unlikely. Rates tend to fall faster in easing cycles than hiking cycles, and investors systematically underestimate the pace of easing #FathomRecessionWatch fathom-consulting.com/researc…
Have you ever left a restaurant without paying? In this week’s #ThankFathomItsFriday Ellen Ó Fríl argues that honesty really is the best policy fathom-consulting.com/a-free-…
The case for free entry to museums comes from the positive spillovers for society that are not captured in private market demand, writes Fathom economist Ingrid Standal in this week’s #ThankFathomItsFriday fathom-consulting.com/free-mu…