
Is slow growth the new normal?
04 Feb 2020 Leave a comment
in budget deficits, business cycles, economic growth, economic history, Euro crisis, global financial crisis (GFC), great recession, job search and matching, labour economics, labour supply, macroeconomics, monetary economics, Public Choice Tags: Eurosclerosis
Good question from Stephen Williamson
02 Feb 2020 Leave a comment
in business cycles, history of economic thought, macroeconomics, monetary economics
Unraveling the Mysteries of Money – Cochrane and Uhlig
01 Feb 2020 Leave a comment
in applied price theory, budget deficits, business cycles, economic growth, economic history, economics of information, Euro crisis, financial economics, fiscal policy, global financial crisis (GFC), great recession, macroeconomics, monetary economics, Public Choice Tags: fiscal stimulus, monetary policy
Real business cycle theory at its best
31 Jan 2020 Leave a comment
in business cycles, economic growth, human capital, industrial organisation, job search and matching, labour economics, labour supply, macroeconomics, managerial economics, occupational choice, personnel economics


Where the real seigniorage is
30 Jan 2020 Leave a comment
in budget deficits, business cycles, economic growth, economics of information, financial economics, fiscal policy, macroeconomics, monetary economics Tags: monetary policy, sovereign defaults

Mankiw on the dangerousness of real business cycle theory
28 Jan 2020 Leave a comment
in business cycles, Edward Prescott, macroeconomics Tags: real business cycle theory
“the day I see economists form a wolf pack or use delegitimisation tactics to descend on the rightwinger who uses ec theory to justify bad public policy, or general life cynicism, rather than vs the lefty who complains about him, is the day I’ll take their claims seriously” said David Gaeber
28 Jan 2020 Leave a comment
in business cycles, Edward Prescott, history of economic thought, macroeconomics

Larry Summers commenting in 1986 on real business cycle theory at https://www.minneapolisfed.org/research/qr/qr1043.pdf









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