Economic Roundup

Economic Roundup

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On May 10, the House Committee on Oversight and Government Reform held a hearing on the future of capital formation.

Also on May 10, the Federal Reserve Bank of St. Louis published a study of the slow pace of job creation during the recent economic recovery. It says the effects will last for many years.

And on May 10, the Center for Retirement Research published an issue brief examining the price-earnings ratio for the stock market. Contrary to some analyses, it does not find that the stock market is overvalued.

A May 9 Census Bureau report found that college educated women are having fewer children and at a later date than those with only a high school education.

On May 9, the Bank of England posted a paper on the problem of myopia in capital markets – the tendency for them to focus excessively on short-term profits at the expense of long-term growth.

Also on May 9, the Center for American Progress published a report on recent trends in productivity.

On May 5, the Bureau of Labor Statistics published a study on how long people remain unemployed before they either find work or give up and leave the labor force.

On May 4, the Deloitte Center for Financial Services published a study of world millionaires.

On May 2, the Organization for Economic Cooperation and Development published a report on growing income inequality in its member countries.

Bruce Bartlett is an American historian and columnist who focuses on the intersection between politics and economics. He blogs daily and writes a weekly column at The Fiscal Times. Bartlett has written for Forbes Magazine and Creators Syndicate, and his work is informed by many years in government, including as a senior policy analyst in the Reagan White House. He is the author of seven books including the New York Times best-seller, Imposter: How George W. Bush Bankrupted America and Betrayed the Reagan Legacy (Doubleday, 2006).

Bruce Bartlett’s columns focus on the intersection of politics and economics. The author of seven books, he worked in government for many years and was senior policy analyst in the Reagan White House.