Economic Measurement - Challenges and Policy Implications

US Trade Balance and the Corporate Tax System

US trade deficits may have persistently been lower than reported:

https://www.bloomberg.com/view/articles/2017-12-22/suddenly-america-s-trade-deficit-isn-t-so-awful

Measuring Inflation

NYFED’s new inflation gauge:

https://www.bloomberg.com/view/articles/2017-12-20/new-york-fed-s-new-inflation-gauge-is-a-red-herring