Cycles without shocks
26 Feb 2020 Leave a comment
in business cycles, macroeconomics, monetary economics
A methodological trip-wire for macroeconomic theories
26 Feb 2020 Leave a comment
in applied price theory, business cycles, history of economic thought, macroeconomics, monetary economics
Small bills are a big problem as I remember from handling dirty, disgusting Philippine pesos that were never taken out of circulation. Yuk
26 Feb 2020 Leave a comment
in development economics, history of economic thought, monetary economics
From https://www.press.umich.edu/pdf/9780472116317-ch1.pdf
The shortage of small bills in the Philippines became critical around election time because there is such a need for bribe money for voters. 300 pesos each was usually delivered to every door.
Fama on a fiscal stimulus
25 Feb 2020 1 Comment
in applied price theory, budget deficits, business cycles, economic growth, financial economics, fiscal policy, global financial crisis (GFC), great recession, labour economics, labour supply, macroeconomics, monetary economics, politics - USA, Public Choice, public economics Tags: fiscal policy
Nobel Prize Winner in Economist 1995 – Robert Emerson Lucas
20 Feb 2020 Leave a comment
in business cycles, history of economic thought, macroeconomics, monetary economics, Robert E. Lucas
Champ and Freeman on financial intermediation
19 Feb 2020 Leave a comment
in applied price theory, economics of information, industrial organisation, macroeconomics, monetary economics Tags: adverse selection, asymmetric information, monetary policy, moral hazard, rational expectations
The key contributions of Fisher’s Appreciation and Interest (1896)
19 Feb 2020 Leave a comment
in business cycles, economics of information, history of economic thought, macroeconomics, monetary economics
What is the money illusion?
19 Feb 2020 Leave a comment
in business cycles, economics of information, history of economic thought, macroeconomics, monetary economics
Nobel Symposium Randall Kroszner Lessons from the global financial crisis, and crises past
19 Feb 2020 Leave a comment
in budget deficits, business cycles, economic growth, economic history, economics of information, economics of regulation, Euro crisis, financial economics, global financial crisis (GFC), great depression, great recession, law and economics, macroeconomics, monetary economics, property rights, Public Choice, public economics Tags: sovereign defaults
Debate: Abolish Banking Insurance?
18 Feb 2020 Leave a comment
in Austrian economics, business cycles, comparative institutional analysis, economic history, economics of information, economics of regulation, financial economics, industrial organisation, law and economics, macroeconomics, monetary economics, privatisation, survivor principle Tags: bank panics, bank runs, deposit insurance
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