FGV/EPGE – 3rd Conference Business Cycles – Edward C. Prescott 2/15

14 Jul 2019 Leave a comment

by Jim Rose in budget deficits, business cycles, economic growth, economic history, Edward Prescott, Euro crisis, fiscal policy, global financial crisis (GFC), great depression, great recession, macroeconomics, monetary economics Tags:

Lucas and Stokey explain moral hazard and deposit insurance

09 Jul 2019 Leave a comment

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Lee Ohanian and the Great Depression

07 Jul 2019 Leave a comment

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Edward Prescott on monetary policy and the business cycle

06 Jul 2019 Leave a comment

by Jim Rose in business cycles, Edward Prescott, macroeconomics, monetary economics

From Five Macroeconomic Myths
Prescott, Edward C.
Wall Street Journal
11 Dec 2006.

Alan Walters predicted this in the 1960s

06 Jul 2019 Leave a comment

by Jim Rose 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

Scott Freeman on banks and deposit insurance

05 Jul 2019 Leave a comment

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From Champ and Freeman

01 Jul 2019 Leave a comment

by Jim Rose in business cycles, econometerics, macroeconomics, monetary economics Tags:

Robert Lucas on unemployment

30 Jun 2019 Leave a comment

by Jim Rose in applied price theory, business cycles, labour economics, labour supply, macroeconomics, monetary economics, Robert E. Lucas, unemployment Tags:

Why do Keynesian macroeconomists still bother?

29 Jun 2019 Leave a comment

by Jim Rose 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.

Stephen Williamson on the flimsy foundations of Keynesian macroeconomics

29 Jun 2019 Leave a comment

by Jim Rose in applied price theory, business cycles, economics of information, labour economics, labour supply, macroeconomics, monetary economics Tags:

Sargent explains how deposit insurance is a pure bad that seeds banking crises

26 Jun 2019 Leave a comment

by Jim Rose in applied price theory, financial economics, global financial crisis (GFC), macroeconomics, monetary economics Tags: ,

Sargent explains how deposit insurance is a genuine free lunch if bank runs are pure panics

26 Jun 2019 Leave a comment

by Jim Rose in applied price theory, financial economics, global financial crisis (GFC), macroeconomics, monetary economics Tags: ,

What was mainstream macroeconomics before it was overthrown? Was it neoclassical?

23 Jun 2019 Leave a comment

by Jim Rose in applied price theory, macroeconomics, monetary economics, Robert E. Lucas

From http://www.tomsargent.com/research/Lucas_review_Sargent_15.pdf

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

by Jim Rose 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

Business Cycles and the Great Recession | Lawrence H. White

19 Jun 2019 Leave a comment

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

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