
Real business cycle theory ensures the questions are correctly posed
17 Jan 2020 Leave a comment
in budget deficits, business cycles, fiscal policy, global financial crisis (GFC), great depression, great recession, macroeconomics, monetary economics Tags: real business cycle theory

John H. Cochrane: Towards a run-free financial system | SKAGEN New Year Conference
13 Jan 2020 Leave a comment
in budget deficits, business cycles, economic growth, economics of information, economics of regulation, Euro crisis, financial economics, global financial crisis (GFC), great recession, macroeconomics, monetary economics Tags: bank panics
David K. Levine on who predicted the #GFC
12 Jan 2020 Leave a comment
in business cycles, economics of information, financial economics, global financial crisis (GFC), macroeconomics, monetary economics
David Levine on self-confirming equilibriums
12 Jan 2020 Leave a comment
in applied price theory, business cycles, economics of information, global financial crisis (GFC), great recession, labour economics, labour supply, macroeconomics, monetary economics, unemployment Tags: rational expectations

Nobel symposium Financial intermediaries and liquidity creation Douglas Diamond
07 Jan 2020 Leave a comment
in business cycles, economic history, economics of information, economics of regulation, financial economics, global financial crisis (GFC), great recession, macroeconomics, monetary economics
Nobel Symposium Assymetric information, trading, and liquidity Darrell Duffie
06 Jan 2020 Leave a comment
in business cycles, economics of regulation, financial economics, global financial crisis (GFC), great recession, macroeconomics, monetary economics
Eugene Fama on share market bubbles
02 Jan 2020 Leave a comment
in business cycles, economic history, economics of information, entrepreneurship, financial economics, global financial crisis (GFC), great depression, great recession, industrial organisation, macroeconomics, monetary economics, survivor principle Tags: efficient markets hypothesis, pessimism bias, rational expectations

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

Tirole on the economics of crises
05 Nov 2019 Leave a comment
in applied price theory, budget deficits, business cycles, currency unions, development economics, economics of information, entrepreneurship, Euro crisis, global financial crisis (GFC), industrial organisation, international economics, macroeconomics, market efficiency, monetary economics, Public Choice, rentseeking Tags: bank panics






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