Rebecca works as a macroeconomist and fixed income portfolio manager.
Before working in finance and fixed income portfolio management, Rebecca was an academic with fields of expertise in international finance and macroeconomics. She received her Ph.D. in 2004 and took a position as an assistant professor at a West Coast state university. Ultimately, she favored finance and research over teaching, taking her career into the private sector.
In her spare time, Rebecca has offered regular commentary on all global macroeconomic issues since 2007 on her weblog, News N Economics. Recently, she renamed the weblog The Wilder View. Her current focus centers on the economics of the euro area and the sovereign debt crisis. Historically, though, she has tackled other topics in international macroeconomics, including theses on emerging market economies and US monetary policy.
The thoughts, opinions, and views expressed on The Wilder View are Rebecca's and not of her employer.
Recent Blog Posts by Rebecca Wilder
- Did You Know? S&P PIIGS Ratings Edition
- Euro Area Budget? More on Tax Rates
- Euro area periphery countries seeing improved monetary policy transmission mechanism
- Follow-Up: Who Has the Most Debt in the US?
- Who has the most debt in the US?
- Unemployment Rates Across the Euro Area – Tough Times in Key Markets
- Policy Transmission Mechanism: Broken in Italy, Better in Spain
- Dutch Domestic Demand Dragging Real Home Values
- It’s the Exchange Rate, Stupid
- The NY Times Is Misleading. And Who Is Correct? Eurostat or China Customs?
- World Trade Turning Down
- Euro Area Retail Sales Portend Negative Quarter of Real Consumption
- Evidence of Hampered Monetary Policy Transmission Channel in the Euro Area
- Euro Area Crisis Hits Confidence in the Core
- Euro Area Imbalances Are a Symptom of the Broader Global Imbalances
- Is Ireland the Poster Child of Growth?
- Confidence Indicators Deteriorated Significantly This Week
- German Construction Is Looking a Bit ‘Bubbly’
- Euro Area Inflation: A Very Slow Burn
- Euro Area ‘Hard Data’ Catching Up with the ‘Soft Data’ – Industrial Production
- The Italian Economy Is Sliding
- ECB Rates Policy is Clogged in Key Periphery Markets
- Euro Area Credit: Did the ECB Wait Too Long?
- Housing Bubbles: Less Frothy but Europe is Behind
- Does the US Corporate Saving Rate Portend a Lower Unemployment Rate?
- CDS: Insurers Pay Only When the Bond Is ‘All Dead’
- Euro Area GDP Report: Not Pretty
- European Daily Catch: Retail Sales Stabilizing?
- All of the Euro Area Usual Competitive Suspects in One Chart…But with a Twist
- Does Latvia Give Us Any Clues?
- Euro Area Portfolio Flows
- Unfounded Obsession With the Greek Minimum Wage
- Temporary Employment: A New Ugly Rearing its Head in Europe?
- Which Economy Is Pursuing Procyclical Fiscal Policy?
- I Still Don’t Get Why the ECB Hiked Rates
- Is the ECB/EU Achieving Stated Objective of Balanced Growth?
- Core Euro Area Banks Still Very Exposed to Contagion from a Greek Exit
- The ECB Is Plugging Holes
- European Daily Catch: Know Your Consumers
- Japan’s Lopsided Financial Balances
- Ratings Matter for the Euro Area
- European Daily Catch: Unemployment and Retail
- What Is a Safe Asset?
- Fractional Money Multipliers
- Santa Claus as a Social Planner
- The Broad Sovereign Downgrade
- EA Infernal Devaluation Progressing
- EA Spreads: Why Should the Trend Change?
- EA BoP Guide: CA and KA – EA too Dependent on Portfolio Inflows?
- EA Balance of Payments: the Current Account
- European Policy Makers Don’t Understand But Markets Do
- Worries About Italy: Growth and Politics
- Baby Steps
- The Euro Area Precedent for Policy Failure
- This Is What You Get When Policy Makers Become Complacent
- Don’t Hold Out for a Lasting German Economic Rebound
- Expect Neither ‘Sustainable’ nor ‘Comprehensive’ From Euro Area Leaders
- This ‘Competitiveness’ Thing Is a Scam
- Europe’s Banking Crisis Is No Longer a Liquidity Crisis, nor Is It a European Version of ‘Subprime’ – It’s a Sovereign Coordination Crisis
- Linking Sovereign Risk to Corporate Credit Spreads in Europe
- Europe: Why the One-Size-Fits-All Solution Won’t Work
- The European Debt Crisis in Charts
- The ECB Data Do Not Support the View that European Banks Are Moving Cash Assets out of Europe and into the U.S.: It’s the Fed’s QE2, That’s All
- Spanish Consumers AND Savers Take a Forced Siesta
- Malicious ECB Rate Hikes
- U.S. Economy in August: Moving Sideways
- G7 Expansion? Not Even Close. Canada’s in a League of its Own
- Global Slowdown Underway – It’s More than the Japanese Supply Chain Disruptions
- A Three Day Snapshot of U.S. Equity Markets
- Endogenous Business Cycle Spending + Tax Receipts at Record Lows = Deficit Hysteria for the Wrong Reasons
- Global PMIs and Fed Policy: They’re Linked
- Real Retail Sales in Europe: Will German Consumers Save the Day? Maybe, Perhaps
- Credit Growth in the Euro Area – Seriously, Where Is It?
- Economists Are Terrible Forecasters – Why Trust Them Anyway?
- The Latest Eurozone Response: One Step Closer to the Crisis Point
- Scary Chart of the Day: Ireland’s Bank Run
- It’s Wrong to Compare Italy to Japan
- The Current Labor Market Expansion: Third Poorest Performer 24 Months After the Recession’s End Since 1948
- What Do Spain and Vietnam have in Common?
- The U.S. Unemployment Rate: European Levels Without the European Safety Net
- Why You Shouldn’t Get Too Excited About the 1.8% Increase in German Factory Orders
- US Labor Market: Wage and Salary Growth vs. Payroll Growth
- Retail Sales and Fiscal Policy in Europe
- State and Local Governments Should Be Listed as a Primary Risk to the U.S. Outlook
- What Do You Want to Wager that the IMF’s a Bit Overly Optimistic on the Outlook for Greek Nominal GDP?
- Will Someone Please Explain to Me Why the ECB Is Hiking in July
- Little Evidence of Convergence Across the Euro Area 12 After Adopting the Euro
- Italy: A Growing Credit Risk Lurking in the Shadows
- Is Internal Devaluation Enough for Europe? Probably Not, Very Unlikely…No
- Unemployment Rate in Greece: Seriously Uncharted Territory
- The Downgrade Assault by the Rating Agencies Continues – What Are the Implications for the EFSF
- Who Cares About the Unemployed…
- Here’s to Hoping: Wage, Salary, and Income Gains
- GDP – A Disappointing Report
- Durable Goods Orders: More Evidence of Near-Term Weakness in the U.S. Economy
- “Survey Says”… German Growth Has Probably Peaked
- Greece Is in a Pickle
- Euro Area Inflation: Gaining Momentum Below the Hood
- The Euro Area Is ‘Miserable’
- What? Greece Has to Raise Capital in 2012 and Meet a 7.5% Deficit Target this Year?
- The Re-Balancing of Trade Within the Euro Area: Some Improvement But Not Enough
- Greece Will Not Be ‘Allowed’ to Default Until Policy Shores Up the Irish Bond Market
- ECB Policy Is Tightening – Has Been for Some Time
- Germany Is Competitive on a Relative Basis as Measured by Productivity, Standard of Living or Prices
- Greece Is Not Argentina
- It’s Not Structural Unemployment, It’s the Corporate Saving Glut
- It’s Lonely at the Top: Now It’s Up to the Bank of Japan to Hold the Yen Down
- It’s Pretty Obvious How China Can Achieve Its Top Economic Priority of Price Stability
- Evidence Says the ECB Is Overreacting
- It’s Pretty Simple: The ECB’s Now in Hiking Mode
- Based on the Inflation Print, the ECB May Be Less ‘Hawkish’ than People Think
- The UK Faces a Serious Inflation Issue if Oil Pops!
- Interesting Interpretation of Trichet’s Comments Regarding ECB Policy
- Europe’s at it Again…
- The ECB Would Quash a Discrete Shift in German Nominal GDP Rather Than Accommodate It
- The Household Survey Paints a Clearer Picture of the January Employment Report Than Does the Nonfarm Payroll
- Egyptian CDS in Line with Portuguese CDS
- The Other Measure of Income, GDI, Shows Faster Growth and an Oversized Profit Contribution
- Japanese Q3 2010 GDP Growth Hit It Out of the Ballpark But Set to Fall Flat Next Quarter
- Ireland: The Battle Against “Markets”
- Eurozone Rebalancing Depends on German Inflation
- German Industrial Production Fell in September
- German Industrial Production Fell in September
- According to Bond Markets, Ireland Is Not Yet Greece
- According to Bond Markets, Ireland Is Not Yet Greece
- G4 GDP, Reaction ECB
- Comparing the Fed, the ECB, and the BoE Before Policies Diverge
- Eurozone Unemployment Rate Up in September
- Unemployment Rates in Europe: Improving Ever so Slightly
- A Little Perspective on the Impact that a Weaker USD Will Have on Overall Economic Activity
- A Proxy for Nominal Aggregate Demand and Payroll Growth: Treasury Receipts Are Recovering…
- China’s Competitive Devaluation
- More on how the NY Times Is Wrong About the Japanese Economy
- Who’s Bringing Home the Dough?
- Who’s Saving Where? An Application of the 3 Sector Financial Balances Map
- German Industrial Production: Hot or Not?
- Retraining Workers Won’t Work
- Evaluating the “Excess” in the U.S. Corporate Financial Balance
- Harmonized Unemployment Rates: A Tad Scary
- Private-Sector Leverage Says That It’s Not Bill Clinton
- Household Leverage: What Does the U.S. Have that the UK Does Not?
- Household Saving Rates in the U.S., UK, and Germany: (Possibly) Light at the End of the Tunnel
- Nope, It’s Not Enough for the Weakest of the “Zone”
- The Fed Didn’t Announce QE2
- The Compensationless Recovery
- Policy Stuck in the Doldrums? Consumers Think So
- The Answer Is the Domestic Private Sector
- Inflation Expectations Are Jointly Falling?
- Relative Employment Is Shifting
- Crib Notes for G7 Unemployment Rates
- Yield Curves in Japan and the US: Similar but Not the Same
- Another Blow to the U.S. Labor Force
- GIIPS Labor Costs Not Moving in the “Competitive” Direction
- The Hourless Recovery
- I Understand Why Asia’s Worried About Europe
- China’s Not the Answer for the Eurozone
- Greece – GIIPS – Eurozone – Big Problem
- So the Senate Rebukes the VAT for What Exactly?
- An Auspicious Sign: the Consumer (for Now) Is Back
- Final Destination “Rising Public Deficits” with a Stopover in “Falling Public Deficits”
- Macroeconomics: En Route
- Reducing Household Financial Leverage: the Easy Way and the Hard Way
- The U.S. Economy: On the Surface and Under the Hood
- The Saving Rate Paradox
- Can’t Help but Put ISM and Confidence Surveys Together: Looks a Little Off
- Thoughts on the Eurozone, Greece, and the EMF
- I’m Still Confused About This Whole Eurozone Thing…
- China’s Got Options
- 9 Months after the Most Economically Atrocious Piece of Legislation in 2009 (Cash for Clunkers)
- The Currency Play – Act 1, Scene I
- O.K., Let’s Just Think About This Budget Thing for a While, Part I
- The End Game for Europe: Wage Cutting and the Battle for Exports
- M1 Growth in Charts: The Majors vs. the BIICs
- A Tale of Two Recoveries: Malaysia vs. Germany
- Japan: GDP – Exports – Manufacturing – Autos – Toyota
- CPI + Velocity = Trouble
- Foreign Holdings of U.S. Treasuries: Was It Really That Bad? No.
- China, China, China!
- The Inflation Moderation
- I have to Side with China on this One
- Global Consumer Confidence is Currently Less than Stellar
- Unemployment Rates: U.S. Versus the Rest of the World
- Bond Markets Soaking up Greece
- National Saving Rates Across Europe: Diverse
- The Frequency of Economic Statistics Matters at Turning Points
- Government Payroll across U.S. Presidencies
- China’s Trade Balance Points to Inflation
- Two BRICs: India vs. Brazil
- World Income Distribution: Not Normal
- Unemployment in Europe: It’s Not Just Spain
- Recession Slammed Domestic Migration
- Gravity will Drag the $U.S.
- The 2010 Census: Economic Impact Probably Overrated
- U.S. FDI, Growth, and the Capital Stock Abroad
- India: FDI and Saving are Key….
- Too Efficient NOT to Consolidate
- G7 vs. G5 in Charts
- The Fed Draining Reserves
- The Fed’s Moving Target: NAIRU
- Central Bank Rates One Year from Now…FF up 52 bps


















