tag:blogger.com,1999:blog-5713178645208582139.post7397308165222251979..comments2024-03-22T02:37:15.030-05:00Comments on Macro Musings Blog: NGDP Targeting in the United KingdomDavid Beckworthhttp://www.blogger.com/profile/04577612979801459194noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5713178645208582139.post-2988087408850150142020-07-08T14:30:00.966-05:002020-07-08T14:30:00.966-05:00송파오피【bamclick1。com】◈밤클릭◈ ⟐송파마사지⟐송파안마⟐송파유흥⟐송파휴게텔⟐송파...송파오피【bamclick1。com】◈밤클릭◈ ⟐송파마사지⟐송파안마⟐송파유흥⟐송파휴게텔⟐송파풀싸롱⟐송파키스방⟐송파건마⟐송파리얼돌⟐송파출장안마⟐송파룸싸롱⟐송파OPLorna Vadezhttps://www.blogger.com/profile/11147517873242547107noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-76722062453142087092020-06-25T13:16:13.359-05:002020-06-25T13:16:13.359-05:00I would like to know that answer too. I would like to know that answer too. Anonymoushttps://www.blogger.com/profile/00779095560367521676noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-9533615372078166602020-06-25T11:54:36.924-05:002020-06-25T11:54:36.924-05:00This is interesting -- any idea how Sajid Javid or...This is interesting -- any idea how Sajid Javid or Jim O'Neill got interested in NGDP targeting?BJHnoreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-8445958349673448172020-06-25T07:02:01.589-05:002020-06-25T07:02:01.589-05:00Yes, one can do a more sophisticated version like ...Yes, one can do a more sophisticated version like targeting NGDP per capita or even a labor income target. My point in the post, though, was to note that in practice most changes in potential real GDP that have occurred over the past half century in the UK weren't big enough to make a simple target overly hard to implement. David Beckworthhttps://www.blogger.com/profile/04577612979801459194noreply@blogger.comtag:blogger.com,1999:blog-5713178645208582139.post-18215926300649453962020-06-25T05:30:19.733-05:002020-06-25T05:30:19.733-05:00Over the long-run, changes in productivity and cha...Over the long-run, changes in productivity and changes in labor force/population are major drivers of potential GDP. Productivity can be hard to measure and predict, but population is relatively easier to measure and predict. It would be interesting to analyze the impact of adjusting the NGDP level target to perhaps NGDP per capita level target or NGDP per member of labor force level target. Johnhttps://www.blogger.com/profile/01457388998903348000noreply@blogger.com