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November 24, 2014
COMMENTARY – by Michael J. Hicks, Ph.D.
Gruber is a well-regarded health economist who created a micro-simulation model used for health care policy.
It should come as no surprise that many economics professors are called upon to help with the development of public policy. After all, despite its elegance and rigor, economics is a practical discipline and economic models offer a great deal of insight into almost any policy.
Read the full text: Thank You, Professor Gruber
Last week's commentary: We Need Thoughtful, Sustained Policies for Growth, Not Gimmicks
The 19th annual Indiana Economic Outlook luncheon will be Thursday, December 4, 2014. Our keynote speaker will be Indiana Governor Mike Pence. Registration ends NOON, Monday, December 1st. Register now!
Registration and payment are required in advance. No payment will be accepted at the door.
CBER will be OPEN on Wednesday, November 26 during our regular business hours. We will be CLOSED Thursday and Friday (university-wide closure).
CBER will reopen for business on Monday, December 1st, which is also the deadline for our Outlook luncheon (see above).
DID YOU KNOW? – by Dagney Faulk, PhD
The Bureau of Labor Statistics released the October 2014 Consumer Price Index (CPI) last week. Inflation is measured as the growth rate of the CPI. The year-over-year increase in the CPI was moderate at 1.65 percent. The sectors that increased the most (>2%) were food and beverages, housing, and medical care. Sectors with decreases in the CPI were transportation, durables and energy.
For more details, see http://indicators.cberdata.org/dataset/5/110.
ECONOMIC INDICATORS – View all economic indicators (CBER Data Center).
WEDNESDAY: U.S. Durable Good Orders, Monthly
WEDNESDAY: U.S. Personal Income, Quarterly
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