
Novak and Davidson on interwar unemployment
31 Mar 2020 Leave a comment
in business cycles, economic history, fiscal policy, great depression, labour economics, labour supply, macroeconomics, unemployment Tags: Keynesian macroeconomics, New Keynesian macroeconomics

A century of Australian unemployment rates
30 Mar 2020 1 Comment
in business cycles, economic history, great depression, labour economics, labour supply, macroeconomics, unemployment Tags: Australia

From https://www.abs.gov.au/ausstats/abs@.nsf/previousproducts/1301.0feature%20article142001
The unemployment rate then increased rapidly to 19.3% in 1930, before reaching a peak of 29.0% in 1932, in response to the economic conditions of the Great Depression. This unprecedented high rate of unemployment persisted for two years, before the unemployment rate fell rapidly to below 10% by 1937.
NZ government cut everything that could be cut by 20% in 1931
29 Mar 2020 7 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 7 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
When was the Sick Man of Europe on a 3-day week for 10 weeks? #COVID19
27 Mar 2020 Leave a comment
in business cycles, economic history, labour supply, macroeconomics, unions
Eugene Fama on a fiscal stimulus and bailouts
27 Mar 2020 Leave a comment
in business cycles, fiscal policy, macroeconomics
Lee Ohanian on Japan’s Lost Decade
27 Mar 2020 6 Comments
in business cycles, econometerics, economic growth, economic history, Edward Prescott, fiscal policy, labour supply, macroeconomics, monetary economics
Lee Ohanian on dynamic general equilibrium models to study the Great Depression
26 Mar 2020 Leave a comment
in business cycles, econometerics, economic growth, economic history, financial economics, great depression, history of economic thought, macroeconomics, monetary economics
NZ Great Depression ended by 1935 because of fiscal austerity
26 Mar 2020 Leave a comment
in business cycles, economic history, fiscal policy, great depression, macroeconomics










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