William (Bill) Dickens Distinguished Professor of Economics and Social Policy w.dickens@northeastern.edu Expertise COVID-19, Election 2020, inflation, intelligence testing, labor markets, psychology and economics, Unemployment, wage determination William Dickens in the Press Voice of America China’s Slide Into Deflation Raises Concerns About Economic Future William T. Dickens, a professor of economics and social policy at Northeastern University, told VOA he is concerned that deflation is likely to persist in China. Business Insider The real monster behind soaring prices William Dickens, a distinguished professor of economics at Northeastern University, told me that it would be “impossible” to implement any meaningful inflation-fighting law in the current political environment. American Banker Will pandemic compel Congress to ease bank capital requirements? “Somebody’s got to … reemploy people once this thing is over, and they’re going to need capital, and the banking system is the major source of that,” said William Dickens, a professor and chair of the … economics department at Northeastern University. WMAR2 Surprising shortages pop up amid the coronavirus pandemic “Coke is facing is a different sort of thing right now; it’s something that’s a shift in demand, which is temporary, and they’re not in position to respond to it other than to…put all of their eggs into the baskets that are going out the door fastest,” said William Dickens, University Distinguished Professor and chair […] Federal Reserve opts to wait on the American consumer with rate cut pause William Dickens, a professor at Northeastern University and a visiting scholar at the Boston Fed, suggested that the Fed is waiting for the lag. “With three cuts on the record now they want to see what effect those cuts have before they push further,” he said. 2018 global growth to roll to highs not seen in eight years A majority of economists in a separate Reuters poll last week said NAFTA will probably be renegotiated successfully with no significant changes, despite the Trump administration’s saber-rattling. “I still suspect that adults will prevail and NAFTA will not be allowed to collapse,” said William Dickens, head of the economics department at Northeastern University in Boston. CFO Magazine Team Trump’s tug-of-war Other economists express similar concerns about Navarro. “He makes crazy comments that are disturbing, illogical, and inane,” says Fratrik of BIA/Kelsey. “If the president followed what Navarro wanted, it would devalue what the [country’s] founders did and wanted. Fortunately, I have enough faith in the ways of American government that I believe the dastardly things […] A cautious Fed holds key interest rate steady William Dickens, chairman of the economics department at Northeastern University, said he remains concerned about the millions of Americans who dropped out of the workforce during the recession who have not returned to jobs. These workers — and those taking part-time jobs because they can’t get full-time work — are not included in the official […] Fed weighs more ambitious goal for sweet spot on full employment William Dickens, a visiting scholar at the Boston Fed, isn’t so sure, saying “there are mixed signals as to whether we are at full employment.” While his research indicates “we are at the natural rate now,” the lack of certainty suggests holding off on rate increases, said Dickens, a Northeastern University professor and Brookings Institution […] The Daily Signal 2% of American workers have been unemployed for at least six months The Beveridge Curve is a visual relationship between unemployment and job vacancies. As Northeastern University’s Rand Ghayad and Bill Dickens first showed, the Beveridge Curve for the long-term unemployed has shifted sharply since the beginning of the recession. The shift shows that the job market for the long-term unemployed is uniquely bad–despite research finding less […] William Dickens for Northeastern Global News Should you invest in crypto? Northeastern economic experts lay out pros and cons of the digital currency Should you invest in crypto? Northeastern economic experts lay out pros and cons of the digital currency A number of regulatory approvals in the US and UK have brought a renewed legitimacy to crypto, but it still comes with risks. What is an economic ‘soft landing’ and why are economists ‘cautiously optimistic’ the US will achieve one? What is an economic ‘soft landing’ and why are economists ‘cautiously optimistic’ the US will achieve one? An economic soft landing, although often referred to as "elusive" is "a primary objective" of the Federal Reserve. With inflation under control, prices have returned to a ‘new normal.’ Yes, even for a carton of eggs With inflation under control, prices have returned to a ‘new normal.’ Yes, even for a carton of eggs Experts explain that the prices of goods, even a carton of eggs, are returning to a “new normal” after years of turbulence. Have a problem with Trump’s low income tax? Blame the tax code. Have a problem with Trump’s low income tax? Blame the tax code. An explosive New York Times investigation reveals that Donald Trump paid only $750 in federal income taxes in 2016 and 2017. William Dickens, university distinguished professor of economics and social policy at Northeastern, says that while he sees some “questionable deductions” outlined in the Times report, “more generally, Trump is just benefiting from a lot of legal deductions.” An unexpected consequence of the COVID-19 pandemic? A national coin shortage. An unexpected consequence of the COVID-19 pandemic? A national coin shortage. As people find contactless ways to pay for goods, physical money—particularly coins—have become hard to come by. But the national coin shortage is more than an inconvenience; it has serious consequences for people who routinely pay in cash or don’t have access to a bank account, says William Dickens, university distinguished professor of economics and social policy. US jobless claims have soared. Is a recession necessary to fight COVID-19? US jobless claims have soared. Is a recession necessary to fight COVID-19? A record 3.3 million people in the United States filed for unemployment last week. “We don’t want people to go back to work—that’s the whole point of ‘social distancing,’ of trying to bend the curve,” says William Dickens, University Distinguished Professor of economics and social policy. What’s really at stake in the trade war between the US and China? What’s really at stake in the trade war between the US and China? The tariffs that leaders in the United States and China imposed upon each other’s countries likely won’t have a huge effect on either economy, according to Northeastern economics professor William Dickens. But, he says, the underlying political brinkmanship could. Economist: Consumers wouldn’t feel impact of tariffs in short term Economist: Consumers wouldn’t feel impact of tariffs in short term The steep trade tariffs imposed by President Trump late last week likely won't affect U.S. consumers initially, according to Northeastern economics professor William Dickens. But some U.S. businesses and states could feel the sting in the longer term if trade wars break out with countries in Europe and Asia. What the Fed rate hikes mean for the economy—and for your wallet What the Fed rate hikes mean for the economy—and for your wallet The Federal Reserve on Wednesday raised its benchmark interest rate by a quarter-point. We asked professor William Dickens, chair of Northeastern’s economics department, to weigh in on the Fed’s decision and what it means for average Americans, including students and young alumni. Experts: Record-setting Dow is good news, but more for peace of mind Experts: Record-setting Dow is good news, but more for peace of mind On Wednesday, the Dow Jones industrial average closed above 20,000 for the first time ever. Though the high-water mark is good news from a financial perspective, our experts say that it’s more important psychologically than quantitatively.
Voice of America China’s Slide Into Deflation Raises Concerns About Economic Future William T. Dickens, a professor of economics and social policy at Northeastern University, told VOA he is concerned that deflation is likely to persist in China.
Business Insider The real monster behind soaring prices William Dickens, a distinguished professor of economics at Northeastern University, told me that it would be “impossible” to implement any meaningful inflation-fighting law in the current political environment.
American Banker Will pandemic compel Congress to ease bank capital requirements? “Somebody’s got to … reemploy people once this thing is over, and they’re going to need capital, and the banking system is the major source of that,” said William Dickens, a professor and chair of the … economics department at Northeastern University.
WMAR2 Surprising shortages pop up amid the coronavirus pandemic “Coke is facing is a different sort of thing right now; it’s something that’s a shift in demand, which is temporary, and they’re not in position to respond to it other than to…put all of their eggs into the baskets that are going out the door fastest,” said William Dickens, University Distinguished Professor and chair […]
Federal Reserve opts to wait on the American consumer with rate cut pause William Dickens, a professor at Northeastern University and a visiting scholar at the Boston Fed, suggested that the Fed is waiting for the lag. “With three cuts on the record now they want to see what effect those cuts have before they push further,” he said.
2018 global growth to roll to highs not seen in eight years A majority of economists in a separate Reuters poll last week said NAFTA will probably be renegotiated successfully with no significant changes, despite the Trump administration’s saber-rattling. “I still suspect that adults will prevail and NAFTA will not be allowed to collapse,” said William Dickens, head of the economics department at Northeastern University in Boston.
CFO Magazine Team Trump’s tug-of-war Other economists express similar concerns about Navarro. “He makes crazy comments that are disturbing, illogical, and inane,” says Fratrik of BIA/Kelsey. “If the president followed what Navarro wanted, it would devalue what the [country’s] founders did and wanted. Fortunately, I have enough faith in the ways of American government that I believe the dastardly things […]
A cautious Fed holds key interest rate steady William Dickens, chairman of the economics department at Northeastern University, said he remains concerned about the millions of Americans who dropped out of the workforce during the recession who have not returned to jobs. These workers — and those taking part-time jobs because they can’t get full-time work — are not included in the official […]
Fed weighs more ambitious goal for sweet spot on full employment William Dickens, a visiting scholar at the Boston Fed, isn’t so sure, saying “there are mixed signals as to whether we are at full employment.” While his research indicates “we are at the natural rate now,” the lack of certainty suggests holding off on rate increases, said Dickens, a Northeastern University professor and Brookings Institution […]
The Daily Signal 2% of American workers have been unemployed for at least six months The Beveridge Curve is a visual relationship between unemployment and job vacancies. As Northeastern University’s Rand Ghayad and Bill Dickens first showed, the Beveridge Curve for the long-term unemployed has shifted sharply since the beginning of the recession. The shift shows that the job market for the long-term unemployed is uniquely bad–despite research finding less […]