
Australia rocketed out of the depression after the Premier’s Plan! NZ did too after cutting everything that could be cut by 20% in 1931
31 Mar 2020 1 Comment
in budget deficits, business cycles, economic history, fiscal policy, great depression, macroeconomics
The 1931 massive fiscal contraction should have slowed the NZ recovery if Keynesian macroeconomics is worth more than a grain of salt
31 Mar 2020 7 Comments
in budget deficits, business cycles, economic history, fiscal policy, great depression, labour economics, labour supply, macroeconomics, monetary economics, public economics, unemployment Tags: Keynesian macroeconomics, new classical macroeconomics, New Keynesian macroeconomics, New Zealand

Novak and Davidson on interwar unemployment
31 Mar 2020 Leave a comment
in business cycles, economic history, fiscal policy, great depression, labour economics, labour supply, macroeconomics, unemployment Tags: Keynesian macroeconomics, New Keynesian macroeconomics

NZ government cut everything that could be cut by 20% in 1931
29 Mar 2020 7 Comments
in business cycles, economic history, fiscal policy, great depression, labour economics, labour supply, macroeconomics, unemployment Tags: Keynesian macroeconomics

Lee Ohanian on were Keynes, and Friedman and Schwartz all wrong?
29 Mar 2020 7 Comments
in business cycles, economic history, financial economics, fiscal policy, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics
Determining the Value of Money: Next Steps for the Fiscal Theory of the Price Level
29 Mar 2020 Leave a comment
in budget deficits, business cycles, economic history, financial economics, fiscal policy, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics, Robert E. Lucas Tags: monetary policy
Fama: Stimulus plans only enhance future incomes when they move current resources from less productive private uses to more productive government uses
28 Mar 2020 1 Comment
in budget deficits, fiscal policy, macroeconomics
Monetary Policy Arithmetic by Joydeep Bhattacharya and Joseph H. Haslag
27 Mar 2020 Leave a comment
in financial economics, fiscal policy, macroeconomics, monetary economics, public economics
Eugene Fama on a fiscal stimulus and bailouts
27 Mar 2020 Leave a comment
in business cycles, fiscal policy, macroeconomics
Lee Ohanian on Japan’s Lost Decade
27 Mar 2020 6 Comments
in business cycles, econometerics, economic growth, economic history, Edward Prescott, fiscal policy, labour supply, macroeconomics, monetary economics










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