Nobel Symposium Ellen Mcgrattan Modern DSGE models: Theory and evidence
16 Aug 2018 Leave a comment
in business cycles, economic growth, global financial crisis (GFC), great recession, macroeconomics Tags: real business cycles
From Lucas and Sargent’s After Keynesian Macroeconomics 1979
15 Aug 2018 Leave a comment
in budget deficits, business cycles, economic growth, great recession, history of economic thought, macroeconomics, monetary economics, Robert E. Lucas Tags: conjecture and refutation, Keynesian macroeconomics, stagflation, Thomas Sargent

The Queen didn’t ask Keynesians about not predicting the 1970s stagflation, a phenomenon their macroeconomics strictly forbade
15 Aug 2018 2 Comments
in budget deficits, business cycles, economic growth, economic history, fiscal policy, global financial crisis (GFC), great recession, history of economic thought, macroeconomics, monetary economics Tags: conjecture and refutation, Keynesian macroeconomics, stagflation

Source: Kehoe, Midrigan and Pastorino 2018.
Ellen McGrattan, Intangible Capital and Measured Productivity
14 Aug 2018 Leave a comment
in business cycles, global financial crisis (GFC), great recession, macroeconomics, monetary economics Tags: real business cycles
@dandolfa on how Keynesian macroeconomics is just to good to be true
12 Aug 2018 Leave a comment
in applied price theory, business cycles, fiscal policy, global financial crisis (GFC), great depression, great recession, macroeconomics, monetary economics Tags: Keynesian macroeconomics
New Keynesian macroeconomics isn’t a progressive research programme
06 Aug 2018 Leave a comment
in budget deficits, business cycles, economic growth, fiscal policy, great depression, history of economic thought, macroeconomics, monetarism, monetary economics, Robert E. Lucas Tags: New Keynesian macroeconomics

What was the wedge issue for voters at the height of the Great Depression?
28 Jul 2018 Leave a comment
in business cycles, economics of regulation, great depression, macroeconomics Tags: voter demographics

My favorite Greg Mankiw quote on the influence of modern macroeconomics
26 Jul 2018 Leave a comment
in budget deficits, business cycles, economic growth, fiscal policy, global financial crisis (GFC), great depression, great recession, macroeconomics, monetarism, monetary economics Tags: Greg Mankiw

Randall Wright on the mundaneness of real business cycle theory revolution
26 Jul 2018 Leave a comment
in business cycles, economic growth, macroeconomics Tags: real business cycles

16th SAET Conference on Current Trends in Economics – Robert E. Lucas, JR
28 Jun 2018 Leave a comment
in business cycles, development economics, economic growth, economic history, macroeconomics, monetary economics, Robert E. Lucas
Stagflation was not caused by Cost-Push factors – Milton Friedman
15 May 2018 1 Comment
in business cycles, macroeconomics, Milton Friedman, monetarism, monetary economics Tags: cost-push
The new reserve bank governor was talking about how rising wages may increase inflation. The horror, the horror!
Wouldn’t hold much hope for investors in a hedge fund founded by Steve Keen to put other’s money where his mouth is all the time
28 Apr 2018 Leave a comment
in business cycles, entrepreneurship, Euro crisis, financial economics, fiscal policy, global financial crisis (GFC), macroeconomics, monetary economics Tags: active investing, monetary cranks, revealed preference




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