Hardly any GDP growth bump from doubling investment in education!

07 Aug 2018 Leave a comment

by Jim Rose in economic growth, economics of education, human capital, labour economics, macroeconomics Tags: ,

New Keynesian macroeconomics isn’t a progressive research programme

06 Aug 2018 Leave a comment

by Jim Rose in budget deficits, business cycles, economic growth, fiscal policy, great depression, history of economic thought, macroeconomics, monetarism, monetary economics, Robert E. Lucas Tags:

Suppose human capital doubled but the economic growth rate did not change a bit

31 Jul 2018 Leave a comment

by Jim Rose in economic growth, economics of education, human capital

 

 

Source: Le, T., Gibson, J., & Oxley, L. (2006). A forward-looking measure of the stock of human capital in New Zealand. Manchester School, 74(5), updated and with additional analysis by Trinh Le of the 2006 and 2013 census for the Treasury (the 2006 and 2013 analysis is unpublished).

Nice one

28 Jul 2018 Leave a comment

by Jim Rose in development economics, economic growth, macroeconomics Tags: ,

My favorite Greg Mankiw quote on the influence of modern macroeconomics

26 Jul 2018 Leave a comment

by Jim Rose in budget deficits, business cycles, economic growth, fiscal policy, global financial crisis (GFC), great depression, great recession, macroeconomics, monetarism, monetary economics Tags:

Randall Wright on the mundaneness of real business cycle theory revolution

26 Jul 2018 Leave a comment

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

Unlike NZ, Canada can’t blame size, distance nor remoteness for low productivity

02 Jul 2018 Leave a comment

by Jim Rose in applied price theory, economic growth, macroeconomics Tags: , ,

Thomas J. Sargent – Keynote Address on effects of open borders

29 Jun 2018 Leave a comment

by Jim Rose in applied price theory, development economics, economic growth, economic history, industrial organisation, international economics, labour economics, labour supply, law and economics, macroeconomics Tags:

Thomas J Sargent in conversation with Shekhar Shah

28 Jun 2018 Leave a comment

by Jim Rose in budget deficits, development economics, economic growth, economic history, fiscal policy, growth disasters, growth miracles, labour economics, macroeconomics, unemployment Tags:

16th SAET Conference on Current Trends in Economics – Robert E. Lucas, JR

28 Jun 2018 Leave a comment

by Jim Rose in business cycles, development economics, economic growth, economic history, macroeconomics, monetary economics, Robert E. Lucas

Spot NZ

26 Jun 2018 Leave a comment

by Jim Rose in economic growth, macroeconomics Tags:

Everything is on Sale Compared to 1979

10 May 2018 Leave a comment

by Jim Rose in economic growth, economic history Tags:

Accurate statistics matter

02 Apr 2018 Leave a comment

by Jim Rose in economic growth, economic history, politics - USA, poverty and inequality Tags: ,

Francis Fukuyama and Charles Murray on “Inequality and Populism”

25 Feb 2018 Leave a comment

by Jim Rose in development economics, economic growth, economic history, labour economics, poverty and inequality Tags: ,

Still waiting for the growth dividend of the education boom

15 Feb 2018 Leave a comment

by Jim Rose in economic growth, economic history, economics of education, human capital, labour economics, macroeconomics Tags:

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