New Keynesianism in central banking: friend or foe? Robert Hetzel

30 Jun 2022 Leave a comment

by Jim Rose in business cycles, economic history, fiscal policy, great recession, history of economic thought, macroeconomics, monetarism, monetary economics Tags:

‘The US Fed response to Covid-19 crisis as compared to the Global Financial Crisis’. Robert Hetzel

29 Jun 2022 Leave a comment

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

Milton Friedman supported 100% wage indexation

22 Jun 2022 Leave a comment

by Jim Rose in business cycles, history of economic thought, labour economics, labour supply, macroeconomics, Milton Friedman, monetarism, monetary economics, unemployment, unions

From https://miltonfriedman.hoover.org/internal/media/dispatcher/214481/full

Milton Friedman on Inflation

21 Jun 2022 Leave a comment

by Jim Rose in history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics

From https://files.stlouisfed.org/files/htdocs/publications/es/07/ES0701.pdf

Milton Friedman: Money and Inflation

09 Jun 2022 Leave a comment

by Jim Rose in budget deficits, business cycles, economic history, financial economics, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics Tags:

Milton Friedman – Understanding Inflation

08 Jun 2022 Leave a comment

by Jim Rose in economic history, financial economics, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics Tags:

Macroeconomic Consequences of the Pandemic with David Andolfatto, Beata Javorcik and Ricardo Reis 27 Aug 2021

22 May 2022 Leave a comment

by Jim Rose in budget deficits, business cycles, development economics, economic growth, economic history, growth disasters, growth miracles, health economics, history of economic thought, inflation targeting, job search and matching, labour economics, labour supply, macroeconomics, monetarism, monetary economics, unemployment Tags:

Fiscal policy is as significant as, and sometimes more important than, monetary policy in determining the price level and, therefore, the dynamics of inflation

20 May 2022 Leave a comment

by Jim Rose in economic history, fiscal policy, history of economic thought, macroeconomics, Milton Friedman, monetarism

From https://www.dallasfed.org/~/media/documents/research/eclett/2014/el1406.pdf

Robert Hetzel – “New Keynesianism in central banking: friend or foe?”

08 May 2022 Leave a comment

by Jim Rose in business cycles, economic growth, great recession, history of economic thought, inflation targeting, macroeconomics, monetarism, monetary economics

From Freeman and Champ

27 Apr 2022 Leave a comment

by Jim Rose in international economics, macroeconomics, monetarism, monetary economics Tags: ,

Nice summary by Peter Ireland (2004, JME) of endogenous money debate

23 Apr 2022 Leave a comment

Image by Jim Rose

The Lucas critique summarised by Freeman and Champ

22 Apr 2022 Leave a comment

by Jim Rose in budget deficits, business cycles, economic growth, labour economics, labour supply, macroeconomics, monetarism, monetary economics, Robert E. Lucas

Margaret Jacobson on how Roosevelt jump started the #economy in 1933

20 Apr 2022 Leave a comment

by Jim Rose in budget deficits, business cycles, economic growth, financial economics, fiscal policy, great depression, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics

Bruce Smith is making me doubt the quantity theory of money

19 Apr 2022 Leave a comment

Image by Jim Rose

Next Steps for the Fiscal Theory of the Price Level

18 Apr 2022 Leave a comment

by Jim Rose in budget deficits, economic history, fiscal policy, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics

From https://sites.google.com/view/margaretmjacobson/research

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