Macroeconomic Consequences of the Pandemic with David Andolfatto, Beata Javorcik and Ricardo Reis 27 Aug 2021
22 May 2022 Leave a comment
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: economics of pandemics
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
in economic history, fiscal policy, history of economic thought, macroeconomics, Milton Friedman, monetarism
Robert Hetzel – “New Keynesianism in central banking: friend or foe?”
08 May 2022 Leave a comment
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
in international economics, macroeconomics, monetarism, monetary economics Tags: fixed exchange rates, floating exchange rates
The Lucas critique summarised by Freeman and Champ
22 Apr 2022 Leave a comment
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
in budget deficits, business cycles, economic growth, financial economics, fiscal policy, great depression, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics
Next Steps for the Fiscal Theory of the Price Level
18 Apr 2022 Leave a comment
in budget deficits, economic history, fiscal policy, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics
Speaking of supply bottlenecks
18 Apr 2022 Leave a comment
in history of economic thought, macroeconomics, monetarism, monetary economics
A New Theory on What Causes Inflation with Economist John Cochrane
16 Apr 2022 Leave a comment
in budget deficits, business cycles, fiscal policy, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics
Freeman and Champ explain the Lucas revolution
15 Apr 2022 Leave a comment
in business cycles, economic growth, history of economic thought, labour economics, labour supply, macroeconomics, monetarism, monetary economics, Robert E. Lucas, unemployment
Israel 1983: A bout of unpleasant monetarist arithmetic
13 Apr 2022 Leave a comment
in applied price theory, budget deficits, economic history, financial economics, fiscal policy, macroeconomics, monetarism, monetary economics Tags: hyperinflation
Thomas Sargent pioneered the fiscal theory of the price level by studying both the end of hyper-inflations and moderate inflations
07 Apr 2022 Leave a comment
in budget deficits, business cycles, economic history, fiscal policy, history of economic thought, macroeconomics, monetarism, monetary economics
From Stopping Moderate Inflations: The Methods of Poincaré and Thatcher (1982) by Thomas Sargent
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