Did real business cycle theory ignore depressions?

13 Mar 2020 Leave a comment

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2014 Edward Prescott

13 Mar 2020 Leave a comment

by Jim Rose in budget deficits, business cycles, economic growth, economic history, economics of education, Edward Prescott, fiscal policy, global financial crisis (GFC), great depression, great recession, human capital, labour supply, law and economics, macroeconomics, monetarism, monetary economics, property rights Tags:

Thomas Sargent on the 2009 fiscal stimulus

12 Mar 2020 Leave a comment

by Jim Rose in budget deficits, business cycles, econometerics, global financial crisis (GFC), great depression, great recession, history of economic thought, macroeconomics, monetary economics

From https://www.minneapolisfed.org/article/2010/interview-with-thomas-sargent

Did real business cycle theory ignore depressions?

12 Mar 2020 1 Comment

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Prescott on real business cycle theory and depressions

11 Mar 2020 Leave a comment

Image by Jim Rose

Does real business cycle theory ignore depressions?

10 Mar 2020 Leave a comment

by Jim Rose in budget deficits, business cycles, econometerics, economic growth, economic history, Edward Prescott, Euro crisis, fiscal policy, global financial crisis (GFC), great depression, great recession, history of economic thought, labour economics, labour supply, macroeconomics, monetarism, monetary economics, public economics, Robert E. Lucas Tags:

The great contraction in safe collateral

09 Mar 2020 Leave a comment

by Jim Rose in business cycles, economic history, economics of information, Euro crisis, financial economics, fiscal policy, global financial crisis (GFC), great recession, law and economics, macroeconomics, monetary economics, property rights, Public Choice, public economics Tags: , , ,

More on is there an energy macroeconomics?

09 Mar 2020 Leave a comment

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Champ and Freeman on the unoriginality of modern monetary theory

09 Mar 2020 Leave a comment

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Prescott on real business cycle theory ignoring depressions

08 Mar 2020 Leave a comment

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

Is there an energy macroeconomics

08 Mar 2020 Leave a comment

by Jim Rose in business cycles, economic growth, energy economics, macroeconomics, monetary economics Tags:

Scott Freeman (1993) on bank overissue

08 Mar 2020 Leave a comment

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Nobel Symposium Gary Gorton Financial regulation

08 Mar 2020 Leave a comment

by Jim Rose in business cycles, economics of information, economics of regulation, financial economics, global financial crisis (GFC), great recession, law and economics, macroeconomics, monetary economics

Thomas Humphrey recall Ricardo and Thornton on monetary policy and supply shocks

04 Mar 2020 Leave a comment

by Jim Rose in business cycles, economic growth, fiscal policy, history of economic thought, labour economics, labour supply, macroeconomics, monetary economics, Thomas M. Humphrey Tags: ,

Prescott and McGrattan on intangible investment and real business cycle theory

04 Mar 2020 Leave a comment

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