From https://voices.uchicago.edu/gormsen/gdp-growth-forecasts-from-dividend-futures/
From https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3555917
#COVID19 economic impact based on dividend futures: March 26 update
29 Mar 2020 Leave a comment
in economic growth, financial economics, health economics, macroeconomics
NZ government cut everything that could be cut by 20% in 1931
29 Mar 2020 4 Comments
in business cycles, economic history, fiscal policy, great depression, labour economics, labour supply, macroeconomics, unemployment Tags: Keynesian macroeconomics
Lee Ohanian on were Keynes, and Friedman and Schwartz all wrong?
29 Mar 2020 6 Comments
in business cycles, economic history, financial economics, fiscal policy, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics
Determining the Value of Money: Next Steps for the Fiscal Theory of the Price Level
29 Mar 2020 Leave a comment
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: monetary policy
Real wage cuts are so common that they throw efficient contracting theory into doubt
28 Mar 2020 Leave a comment
in industrial organisation, job search and matching, labour economics, labour supply
From https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.33.3.185
Employees are more likely to accept cuts in hours than cuts in wages per hour because a reduction in hours reduces output and profits for the employer too and therefore is less likely to be opportunistic.
hours worked by US hourly employees down over 50%; hourly workers are 60 percent of workforce #COVID19
28 Mar 2020 Leave a comment
in health economics, labour supply, macroeconomics
https://datawrapper.dwcdn.net/LPg4v/2/ Via http://gregmankiw.blogspot.com/2020/03/daily-data-on-hours-worked.html
Source: Homebase at https://docs.google.com/spreadsheets/d/e/2PACX-1vTf0Ce37p3B0Qy-5BZPh1p9-WwEekPOxVdpMsumy6JFeCIt9EO6ZxbGNpnNxjdf9Mr9USeIMqjq9YU0/pubhtml#
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