Interview with Robert Lucas on the global financial crisis and the great recession
17 Dec 2014 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: bank runs, GFC, great depression, great recession, Robert E. Lucas
Robert Lucas on Depression era policies and current financial crisis
14 Dec 2014 Leave a comment
in global financial crisis (GFC), great depression, great recession, macroeconomics, Robert E. Lucas Tags: great depression, great recession, Robert Lucas
Does inequality lead to a financial crisis? | VOX, CEPR’s Policy Portal
13 Dec 2014 Leave a comment
in business cycles, economic growth, global financial crisis (GFC), great recession, macroeconomics Tags: GFC, top 1%
Figure 1. Change in loans versus changes in top 1% income shares, 14 countries, 1972–2008
via Does inequality lead to a financial crisis? | VOX, CEPR’s Policy Portal.
The Grumpy Economist: What’s wrong with macro?
06 Dec 2014 Leave a comment
in business cycles, fiscal policy, global financial crisis (GFC), great recession, macroeconomics, monetary economics, politics - USA Tags: Macroeconomics
Explicit and implicit marginal tax rate increases in the past seventy years in the USA
03 Dec 2014 Leave a comment
in business cycles, great recession, job search and matching, labour supply, macroeconomics Tags: Casey Mulligan, great recession, taxation and the labour supply
Economic policy uncertainty in the European Union
01 Dec 2014 1 Comment
in Euro crisis, global financial crisis (GFC), great recession, macroeconomics Tags: euro crisis, regime uncertainty
Source: Nicholas Bloom (2014) – all data at www.policyuncertainty.com. Data normalized to 100 prior to 2010.
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Economic policy uncertainty in the USA
01 Dec 2014 Leave a comment
in business cycles, global financial crisis (GFC), great recession, macroeconomics, politics - USA Tags: great recession, Nicholas Bloom, regime uncertainty
Source: Nicholas Bloom (2014) – all data at www.policyuncertainty.com. Data normalized to 100 prior to 2010.
Avoiding Lost Decades: European Edition | Econbrowser
29 Nov 2014 Leave a comment
in economic growth, Euro crisis, global financial crisis (GFC), great recession, macroeconomics Tags: euro crisis, Euroland
US corporate earnings vs. European corporate earnings
19 Nov 2014 Leave a comment
in Euro crisis, great recession, macroeconomics, politics - USA Tags: Euroland, GFC, great recession
The great stagnation continues
19 Nov 2014 Leave a comment
in global financial crisis (GFC), great recession, politics - USA Tags: GFC, Great Deviation, The Great Recession
Operations Research and The Revolution in Aggregate Economics – Edward Prescott 2012
18 Nov 2014 Leave a comment
in applied welfare economics, business cycles, economic growth, fiscal policy, global financial crisis (GFC), great depression, great recession, macroeconomics Tags: Edward Prescott, real business cycle theory
The extension of recursive methods to dynamic equilibrium modelling spawned a revolution in aggregate economics.
This revolution has resulted in aggregate economics becoming, like physics, a hard science and not exercises in storytelling.
Operations research played a major role in the development of practical methods to model dynamic aggregate economic phenomena and to predict the consequences of policy regimes.
Subsequently recursive methods were used to develop a quantitative theory of aggregate fluctuations and other aggregate phenomena.
Utopia, you are standing in it! 
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