Podcasts Business Non-Profit Macro Musings with David Beckworth Ernie Tedeschi on Output Gaps, Labor Markets, and the State of the Economy

Ernie Tedeschi on Output Gaps, Labor Markets, and the State of the Economy

Published: Feb. 17, 2020, 5:30 a.m.

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Ernie Tedeschi is a policy economist and the head of fiscal analysis at Evercore ISI, a macro advisory firm. He is also an occasional contributor to The Upshot section at The New York Times. Previously, Ernie was a senior advisor and an economist at the US Department of Treasury. His research interests include the federal budget, monetary policy, and labor markets. Ernie joins the show to talk about output gaps, full employment, labor markets, and the state of the economy. Specifically, Ernie and David discuss Ernie\\u2019s recent articles titled *Participation in the Hot Labor Market* and *Pay is Rising Fastest for Low Earners, One Reason? Minimum Wages.*

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Transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/monetary-policy

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Ernie\\u2019s Twitter: @ernietedeschi

Ernie\\u2019s blog: https://medium.com/bonothesauro

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Related Links:

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*Participation and the Hot Labor Market* by Ernie Tedeschi

https://medium.com/@employamerica/participation-and-the-hot-labor-market-a84ef77a3bb1

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*Pay is Rising Fastest for Low Earners. One Reason? Minimum Wages.* by Ernie Tedeschi

https://www.nytimes.com/2020/01/03/upshot/minimum-wage-boost-bottom-earners.html

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*Labor Force Participation: Recent Developments and Future Prospects* by Stephanie Aaronson, Tomaz Cajner, Bruce Fallick, Felix Galbis-Reig, Christopher L. Smith, and William Wascher

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2495029

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David\\u2019s blog: macromarketmusings.blogspot.com
David\\u2019s Twitter: @DavidBeckworth

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