
Edward Prescott on money and the business cycle
07 Aug 2019 Leave a comment
in business cycles, econometerics, Edward Prescott, macroeconomics, Milton Friedman, monetarism, monetary economics Tags: monetary policy, real business cycles

Alan Walters predicted this in the 1960s
06 Jul 2019 Leave a comment
in economic history, macroeconomics, monetarism, monetary economics

THE SUCCESS OF THE FED AND THE DEATH OF MONETARISM. By: KISHOR, N. KUNDAN, KOCHIN, LEVIS A., Economic Inquiry, Jan2007, Vol. 45, Issue 1
Why do Keynesian macroeconomists still bother?
29 Jun 2019 Leave a comment
in business cycles, fiscal policy, macroeconomics, monetarism, monetary economics

Chari, V. V., Patrick J. Kehoe, and Ellen R. McGrattan. 2009. “New Keynesian Models: Not Yet Useful for Policy Analysis.” American Economic Journal: Macroeconomics, 1 (1): 242-66.
Sargent on history as written by the late switchers, saying I thought of that too; said so in a footnote, in a seminar or as an aside. But Sargent was at Berkeley, knowing who is against everything he, Lucas and others said
23 Jun 2019 Leave a comment
in business cycles, fiscal policy, history of economic thought, macroeconomics, monetarism, monetary economics

From http://www.tomsargent.com/research/romers3.pdf Reactions to the Berkeley story Thomas J. Sargent October 21, 2002
Which dead macroeconomist is to blame to monetary policy prior to the GFC?
19 Sep 2018 Leave a comment
in budget deficits, business cycles, fiscal policy, global financial crisis (GFC), great recession, macroeconomics, monetarism, monetary economics Tags: Keynesian macroeconomics

New Keynesian macroeconomics isn’t a progressive research programme
06 Aug 2018 Leave a comment
in budget deficits, business cycles, economic growth, fiscal policy, great depression, history of economic thought, macroeconomics, monetarism, monetary economics, Robert E. Lucas Tags: New Keynesian macroeconomics

My favorite Greg Mankiw quote on the influence of modern macroeconomics
26 Jul 2018 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: Greg Mankiw

Stagflation was not caused by Cost-Push factors – Milton Friedman
15 May 2018 1 Comment
in business cycles, macroeconomics, Milton Friedman, monetarism, monetary economics Tags: cost-push
The new reserve bank governor was talking about how rising wages may increase inflation. The horror, the horror!
Monetary Policy: The Best Case Scenario
11 Aug 2017 Leave a comment
in business cycles, economics, inflation targeting, macroeconomics, monetarism, monetary economics Tags: monetary policy


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