New Keynesianism in central banking: friend or foe? Robert Hetzel

30 Jun 2022 Leave a comment

by Jim Rose in business cycles, economic history, fiscal policy, great recession, history of economic thought, macroeconomics, monetarism, monetary economics Tags:

‘The US Fed response to Covid-19 crisis as compared to the Global Financial Crisis’. Robert Hetzel

29 Jun 2022 Leave a comment

by Jim Rose in budget deficits, business cycles, economic growth, economic history, fiscal policy, global financial crisis (GFC), great recession, history of economic thought, macroeconomics, monetarism, monetary economics Tags:

Milton Friedman supported 100% wage indexation

22 Jun 2022 Leave a comment

by Jim Rose in business cycles, history of economic thought, labour economics, labour supply, macroeconomics, Milton Friedman, monetarism, monetary economics, unemployment, unions

From https://miltonfriedman.hoover.org/internal/media/dispatcher/214481/full

Milton Friedman on Inflation

21 Jun 2022 Leave a comment

by Jim Rose in history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics

From https://files.stlouisfed.org/files/htdocs/publications/es/07/ES0701.pdf

Socialism vs. Capitalism: A Debate

20 Jun 2022 Leave a comment

by Jim Rose in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, constitutional political economy, development economics, economic growth, economic history, economics of bureaucracy, economics of education, economics of regulation, growth disasters, growth miracles, history of economic thought, human capital, income redistribution, industrial organisation, labour economics, labour supply, law and economics, liberalism, libertarianism, Marxist economics, poverty and inequality, property rights, Public Choice, survivor principle Tags:

How does raising interest rates control inflation? | The Economist

16 Jun 2022 Leave a comment

by Jim Rose in business cycles, inflation targeting, macroeconomics, monetary economics Tags:

What Actually Happened Right After The Soviet Union Collapsed

14 Jun 2022 Leave a comment

by Jim Rose in applied price theory, comparative institutional analysis, constitutional political economy, defence economics, development economics, economic growth, economic history, economics of bureaucracy, economics of crime, growth disasters, history of economic thought, income redistribution, industrial organisation, labour economics, labour supply, law and economics, Marxist economics, privatisation, property rights, Public Choice, rentseeking, theory of the firm, unemployment Tags:

Milton Friedman: Money and Inflation

09 Jun 2022 Leave a comment

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

Milton Friedman – Understanding Inflation

08 Jun 2022 Leave a comment

by Jim Rose in economic history, financial economics, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics Tags:

Adrian Orr on inflation drivers when the exchange rate is floating

26 May 2022 Leave a comment

by Jim Rose in financial economics, inflation targeting, international economics, macroeconomics, monetary economics

And

From https://www.rbnz.govt.nz/-/media/reservebank/files/publications/bulletins/1998/1998sep61-3orrscottwhite.pdf

Macroeconomic Consequences of the Pandemic with David Andolfatto, Beata Javorcik and Ricardo Reis 27 Aug 2021

22 May 2022 Leave a comment

by Jim Rose in budget deficits, business cycles, development economics, economic growth, economic history, growth disasters, growth miracles, health economics, history of economic thought, inflation targeting, job search and matching, labour economics, labour supply, macroeconomics, monetarism, monetary economics, unemployment Tags:

Fiscal policy is as significant as, and sometimes more important than, monetary policy in determining the price level and, therefore, the dynamics of inflation

20 May 2022 Leave a comment

by Jim Rose in economic history, fiscal policy, history of economic thought, macroeconomics, Milton Friedman, monetarism

From https://www.dallasfed.org/~/media/documents/research/eclett/2014/el1406.pdf

Robert Hetzel – “New Keynesianism in central banking: friend or foe?”

08 May 2022 Leave a comment

by Jim Rose in business cycles, economic growth, great recession, history of economic thought, inflation targeting, macroeconomics, monetarism, monetary economics

Prescott 1991 on RBC and labour supply

02 May 2022 Leave a comment

Image by Jim Rose

Freeman and Champ on speculative attacks

01 May 2022 Leave a comment

Image by Jim Rose

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