
Champ and Freeman on bank capital reserves
05 Dec 2019 Leave a comment
in applied price theory, applied welfare economics, business cycles, economic history, economics of information, economics of regulation, financial economics, global financial crisis (GFC), great depression, great recession, industrial organisation, macroeconomics, monetary economics, politics - New Zealand, Public Choice, survivor principle Tags: adverse selection, agent principal problem, deposit insurance, economics of central banking, monetary policy, moral hazard, prudential regulation

More on @paulkrugman forgetting the literature on self-fulfilling financial crises and speculative attacks
01 Dec 2019 Leave a comment

The day Minsky macroeconomics died! Instability can’t be fixed so easily?
23 Nov 2019 Leave a comment
in budget deficits, business cycles, economic history, Euro crisis, financial economics, global financial crisis (GFC), great depression, great recession, macroeconomics, monetarism, monetary economics, Public Choice Tags: asymmetric information, bank runs, banking panics, deposit insurance, economics of central banking, Keynesian macroeconomics, moral hazard, Post-Keynesian macroeconomics

Champ and Freeman on banks inflating the economy
22 Nov 2019 Leave a comment
in applied price theory, business cycles, economics of information, financial economics, macroeconomics, monetary economics Tags: fractional reserve banking

David Levine on the lack of Keynesian depressions
20 Nov 2019 Leave a comment
in business cycles, great depression, macroeconomics, monetary economics Tags: Keynesian macroeconomics

Market crashes are efficient – Boldrin and Levine
14 Nov 2019 Leave a comment
in business cycles, economic growth, financial economics, macroeconomics, market efficiency Tags: creative destruction, real business cycles









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