Skanda Amarnath – Medium

Skanda Amarnath

Skanda Amarnath

By Doubling Down On Inflation Targeting, The Fed Is At Risk of Forgetting Lessons From 2008 & 2011

The Fed has chosen to double down on an inflation-oriented framework for setting monetary policy. While there are some advantages in the…

10 min readAug 27, 2020

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By Doubling Down On Inflation Targeting, The Fed Is At Risk of Forgetting Lessons From 2008 & 2011

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Skanda Amarnath

The Fed Still Needs To Do Its Part — Six Ways To Improve The Evans Rule To Recover Jobs And Wages

Authors: Skanda Amarnath & Sudiksha Joshi

19 min readJul 29, 2020

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The Fed Still Needs To Do Its Part — Six Ways To Improve The Evans Rule To Recover Jobs And Wages

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Skanda Amarnath

The Success of the Evans Rule and The Case For State-Based Quantitative Forward Guidance

Author: Skanda Amarnath & Sudiksha Joshi

9 min readJul 28, 2020

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The Success of the Evans Rule and The Case For State-Based Quantitative Forward Guidance

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Skanda Amarnath

How Congress Can Stop The Fed From Dragging Its Feet In How It Lends To Municipalities

Summary:

7 min readJun 12, 2020

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How Congress Can Stop The Fed From Dragging Its Feet In How It Lends To Municipalities

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Skanda Amarnath

The Fed Can And Should Support State Government Efforts To Respond To COVID-19 Right Now

Authors: Skanda Amarnath (Employ America), Yakov Feygin (Berggruen Institute)

8 min readMar 15, 2020

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The Fed Can And Should Support State Government Efforts To Respond To COVID-19 Right Now

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Skanda Amarnath

COVID-19 and Low Interest Rates Make Fiscal Stimulus And Enhanced Automatic Stabilizers A…

The impact of COVID-19 is likely to be sizeable. Regardless of the precise composition of the shock to supply and demand, further…

8 min readMar 9, 2020

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Skanda Amarnath

Tracking Gross Labor Income In Real-Time Without Revisions

The official national accounts estimate of gross labor income (GLI) is based on the Quarterly Census of Employment and Wages (QCEW), but…

5 min readFeb 6, 2020

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Tracking Gross Labor Income In Real-Time Without Revisions

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Skanda Amarnath

The Fed’s Revelations About The Labor Market Warrant A New Approach To Policy

The Fed now recognizes that its interventions have helped to create millions of jobs and promoted a better equilibrium in the long run. A…

6 min readAug 12, 2019

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The Fed’s Revelations About The Labor Market Warrant A New Approach To Policy

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Skanda Amarnath

Are Recessions Rare? Depends On The Definition: Lessons From The Prime-Age Employment Rate

Recessions are commonly defined as real GDP contracting for two consecutive quarters, but this definition is both arbitrary and heavily…

4 min readJun 14, 2019

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Are Recessions Rare? Depends On The Definition: Lessons From The Prime-Age Employment Rate

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Skanda Amarnath

The Northern Frontier: What Prime-Age Employment In The US & Canada Reveal

The prime-age employment-to-population (PA EPOP) ratio is better than the headline (U-3) unemployment rate as a barometer of labor…

5 min readJun 13, 2019

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The Northern Frontier: What Prime-Age Employment In The US & Canada Reveal

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Skanda Amarnath

Skanda Amarnath

Skanda is the Director of Research & Analysis at Employ America. He was previously an economist at MKP Capital Management and a research analyst at the NY Fed.

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