
Samsung and Hyundai are 35% of Korean exports; their sales are 22% of Korean GDP. Nokia represented 26% of Finnish GDP!
25 Mar 2020 Leave a comment
in business cycles, economic growth, industrial organisation, macroeconomics
How much of 20th century growth were one-off productivity gains?
25 Mar 2020 Leave a comment
in discrimination, economic growth, economic history, economics of education, gender, human capital, labour economics, labour supply, occupational choice, occupational regulation, politics - USA, poverty and inequality, Public Choice
Robert Lucas defines a DSGE model
25 Mar 2020 Leave a comment
in business cycles, econometerics, macroeconomics, Robert E. Lucas
Edward Prescott on the #GFC
24 Mar 2020 Leave a comment
in budget deficits, business cycles, economic growth, Edward Prescott, fiscal policy, global financial crisis (GFC), great recession, labour economics, labour supply, macroeconomics, public economics Tags: real business cycle theory, taxation and entrepreneurship, taxation and investment, taxation and labour supply

The payoff of avoiding a #COVID19 pandemic
24 Mar 2020 Leave a comment
in applied welfare economics, economics of natural disasters, health economics, macroeconomics
Robert Barro on Rare Events
24 Mar 2020 Leave a comment
in business cycles, econometerics, economic history, financial economics, great depression, great recession, macroeconomics
The dangers of inaccurate statistics
24 Mar 2020 Leave a comment
in business cycles, econometerics, economic history, great depression, job search and matching, labour economics, labour supply, monetary economics, unemployment
The positive productivity shock from current government borrowing en masse
23 Mar 2020 Leave a comment
in applied welfare economics, fiscal policy, health economics, macroeconomics, public economics













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