https://github.com/justinjjlee/okun-phillips-620

https://github.com/justinjjlee/okun-phillips-620

economics julia labor-economics recession

Last synced: about 1 month ago
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• Host: GitHub
• URL: https://github.com/justinjjlee/okun-phillips-620
• Owner: justinjjlee
• License: mit
• Created: 2021-01-05T16:29:35.000Z (about 4 years ago)
• Default Branch: main
• Last Pushed: 2021-08-04T03:55:31.000Z (over 3 years ago)
• Last Synced: 2024-01-20T08:27:58.119Z (12 months ago)
• Topics: economics, julia, labor-economics, recession
• Language: Julia
• Homepage:
• Size: 310 KB
• Stars: 1
• Watchers: 1
• Forks: 0
• Open Issues: 0
• Metadata Files:
  • Readme: README.md
  • License: LICENSE

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README

        
# Activities through the lens of output, spending, and labor

Charting of economic indicators to observe trends in economic recovery. This code is used to construct extract, transform, and load (ETL) process.

Analysis from the data sources also track changes in measurements, as Okun's Law and Phillips Curve (Spirit of the data visualization by [Ball et al. (2017)](https://onlinelibrary.wiley.com/doi/abs/10.1111/jmcb.12420) and [Gordon (2020)](https://www.aeaweb.org/articles?id=10.1257/aer.100.2.11)).

- Visualization in Tableau Public (TBD), comparing three different nations.

Data pulled using API for economic data, from the Federal Reserve Bank of St. Louis

- [Federal Reserve Economic Database (FRED)](https://fred.stlouisfed.org/)

- [Geographical Federal Reserve Economic Data (GeoFRED)](https://geofred.stlouisfed.org/)

Sources:

- Federal Reserve Bank of Dallas

- Federal Reserve Bank of St. Louis

- Lewis, Mertens, and Stock (2020) - [Data](https://www.dallasfed.org/research/wei), [Working Paper](https://www.newyorkfed.org/research/staff_reports/sr920)

- U.S. Bureau of Economic Analysis

- U.S. Bureau of Labor Statistics

- U.S. Census Bureau - [Household Pulse Survey](https://www.census.gov/programs-surveys/household-pulse-survey/data.html)

## Macroeconomic recovery

### Economic output



  



### Consumer spending in retail



  



### Wage and labor force participation rate



  



### Unemployment and part-time employment for economic reasons



  



## Heterogeneous state and industry recovery

### Changes in labor force participation rate by state



  



### Changes in unemployment rate by state



  



### Employment recovery for industry-dependent states

#### Nevada (Hospitality) and Texas (Oil & Gas)



  



## Disparitas Americana

### Growing food insecurity for low-income households with children during the 2020 Pandemic