The median slope projection turns negative by year-end 2018 and reaches a low of –0.22% during the first quarter of 2020 before gradually reversing to a stable longer-run level near 0.2%. The upper ...

It is conventional wisdom that the reduced form Phillips curve has become flatter in recent decades. Accordingly, we show that the statistical relationship between changes in U.S. inflation and ...

The slope of the yield curve in the US has inverted in recent months, making long-term debt significantly cheaper than short-term debt. This inversion is a gauge of investors’ confidence in the ...

The curvatures in the relationships of both light-saturated CO2 assimilation at ambient CO2 and the initial slope of the A/Ci curves with total Rubisco activity were more pronounced than in their ...