It is thus clear that most of the economic discussion and the events that we have been observing around us are very much at the macro level. They mainly focus on such complex topics as foreign ...

Top-down and bottom-up forecasts are increasingly diverging, and we think 2023 will be largely about how these divergences resolve themselves. In commodities, after a major spike in 2022, top-down ...

Agent-based modelling (ABM) has emerged as a pivotal tool in macroeconomics and economic policy analysis. By simulating the interactions of numerous heterogeneous agents — such as households, firms, ...

What is the state of the U.S. economy? What is the threat of a recession? How will these macro factors impact the agricultural economy? Your farm is being impacted by a myriad of macro and micro ...

Equity markets continue to march ever higher (up more than +1% on the week) with both the S&P500 and the DJIA closing at new record highs on Friday (on very light volume). The overall health of the ...

We review the “production approach” to estimating markups—the ratio of price to marginal cost. Paired with increasingly rich ...