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
NZ Great Depression ended by 1935 because of fiscal austerity
26 Mar 2020 Leave a comment
in business cycles, economic history, fiscal policy, great depression, macroeconomics
When is a fiscal stimulus a positive productivity shock?
26 Mar 2020 Leave a comment
in budget deficits, business cycles, fiscal policy, macroeconomics, public economics
Edward Prescott on the #GFC
24 Mar 2020 Leave a comment
in budget deficits, business cycles, economic growth, Edward Prescott, fiscal policy, global financial crisis (GFC), great recession, labour economics, labour supply, macroeconomics, public economics Tags: real business cycle theory, taxation and entrepreneurship, taxation and investment, taxation and labour supply
The positive productivity shock from current government borrowing en masse
23 Mar 2020 Leave a comment
in applied welfare economics, fiscal policy, health economics, macroeconomics, public economics
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