Determining the Value of Money: Next Steps for the Fiscal Theory of the Price Level

29 Mar 2020 Leave a comment

by Jim Rose in budget deficits, business cycles, economic history, financial economics, fiscal policy, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics, Robert E. Lucas Tags:

Lee Ohanian on dynamic general equilibrium models to study the Great Depression

26 Mar 2020 Leave a comment

by Jim Rose in business cycles, econometerics, economic growth, economic history, financial economics, great depression, history of economic thought, macroeconomics, monetary economics

From https://www.economicdynamics.org/newsletter-april-2000/

What is new and true in efficiency wage theory?

24 Mar 2020 Leave a comment

by Jim Rose in applied price theory, history of economic thought, labour economics, labour supply, occupational choice, personnel economics

From Y. Weiss et al. (eds.), Advances in the Theory and Measurement of Unemployment

Cole and Ohanian on explaining the Great Depression

23 Mar 2020 1 Comment

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Edward Prescott on the Great Depression

23 Mar 2020 Leave a comment

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Ellen McGrattan in real business cycle models

21 Mar 2020 Leave a comment

by Jim Rose in budget deficits, business cycles, economic growth, Edward Prescott, fiscal policy, history of economic thought, labour economics, labour supply, macroeconomics, monetary economics Tags:

What is New Keynesian macroeconomics?

20 Mar 2020 Leave a comment

by Jim Rose in budget deficits, business cycles, economic growth, fiscal policy, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics Tags: ,

Where did the economics of rent control start?

20 Mar 2020 Leave a comment

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Mankiw in the early 1990s

20 Mar 2020 Leave a comment

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James Buchanan on highly undemocratic Arrow’s Impossibility Theorem

19 Mar 2020 Leave a comment

by Jim Rose in applied welfare economics, constitutional political economy, history of economic thought, James Buchanan, Public Choice

From https://books.google.co.nz/books?id=92xzxQEACAAJ&pg=PA3&source=gbs_toc_r&cad=3#v=onepage&q&f=false

.@Bryan_Caplan’s best presentation of the case against education

18 Mar 2020 Leave a comment

by Jim Rose in applied price theory, applied welfare economics, comparative institutional analysis, economics of education, economics of information, history of economic thought, human capital, income redistribution, industrial organisation, labour economics, labour supply, managerial economics, occupational choice, organisational economics, personnel economics, Public Choice, public economics, rentseeking, survivor principle Tags: , , , , , ,

Hayek (1950) on why the current stimulus will fail

18 Mar 2020 Leave a comment

by Jim Rose in Austrian economics, business cycles, economic history, economics of information, F.A. Hayek, fiscal policy, history of economic thought, labour economics, labour supply, macroeconomics, monetary economics, occupational choice, Public Choice, public economics Tags: ,

Nice summary of time inconsistency by Kydland and Wynne

17 Mar 2020 Leave a comment

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Did real business cycle theory ignore depressions?

17 Mar 2020 Leave a comment

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Did real business cycle theory ignore depressions?

16 Mar 2020 Leave a comment

Image by Jim Rose

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