From https://www.richmondfed.org/publications/research/econ_focus/2013/q3/full_interview
(QE) — the Fed’s massive purchases of Treasuries and other assets to push down long-term interest rates
24 Feb 2022 Leave a comment
in business cycles, financial economics, macroeconomics, monetary economics
We wanted to see what happens if you don’t have the usual financial factors in there—not one word about banks, the Federal Reserve, the collapse of Lehman Brothers, et cetera
22 Feb 2022 Leave a comment
in business cycles, Edward Prescott, global financial crisis (GFC), great recession, macroeconomics, monetary economics
For McGrattan and Prescott, two leading proponents of the use of quantitative, dynamic business cycle modeling to analyze macroeconomic trends, including intangible capital investment in total economic output is the key to making sense of head-scratching countercyclical movements in labor productivity over the past 25 years.
From https://www.minneapolisfed.org/article/2012/unmeasured-investment
Lucas hooks into Mankiw and Ball
19 Feb 2022 Leave a comment
in business cycles, history of economic thought, macroeconomics, Robert E. Lucas
from https://www.reddit.com/r/Economics/comments/1w22mc/comments_on_ball_and_mankiw_robert_lucas_1994/
Selgin on central banks
09 Feb 2022 Leave a comment
in Austrian economics, business cycles, economic history, history of economic thought, law and economics, macroeconomics, monetary economics Tags: monetary policy
Milton Friedman Interview with Dallas Fed President Richard W. Fisher
05 Feb 2022 Leave a comment
in business cycles, development economics, economic growth, economic history, growth disasters, growth miracles, history of economic thought, law and economics, liberalism, macroeconomics, Marxist economics, property rights
Robert Lucas: Labor Reform and Crisis Recovery
28 Jan 2022 Leave a comment
in applied price theory, applied welfare economics, business cycles, comparative institutional analysis, econometerics, economic growth, economic history, economics of regulation, labour economics, labour supply, macroeconomics, Robert E. Lucas Tags: employment law
Prescott shows a lot of contracting since the end of the tech bubble
27 Jan 2022 Leave a comment
in business cycles, economic growth, economic history, Edward Prescott, great recession, history of economic thought, macroeconomics, monetarism, monetary economics Tags: real business cycles
Prescott on monetary booms
27 Jan 2022 Leave a comment
in business cycles, economic growth, economic history, Edward Prescott, history of economic thought, macroeconomics, monetary economics
Were you surprised that you were able to construct a model economy which generated fluctuations which closely resembled actual experience in the US?
19 Jan 2022 Leave a comment
How does Prescott react to the criticism that there is a lack of available supporting evidence of strong intertemporal labour substitution effects?
18 Jan 2022 Leave a comment
Utopia, you are standing in it! 
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