Good repost from McGrattan and Prescott using intangible capital measurement improvements
27 Apr 2019 Leave a comment
From A Reassessment of Real Business Cycle Theory. McGrattan, Ellen R; Prescott, Edward C. The American Economic Review; Nashville Vol. 104, Iss. 5, (May 2014): 177-18
Top economists still dewy eyed about deposit insurance despite its role in #GFC, S&L crisis, and bank capital ratios halving after its introduction in 1930s
11 Apr 2019 Leave a comment
in financial economics, global financial crisis (GFC), monetary economics, Public Choice
From http://www.igmchicago.org/surveys/european-deposit-insurance
Peltzman spelled out in his 1970 article “Capital Investment in Commercial Banking and Its Relation to Portfolio Regulation”
that banks capital ratios dropped significantly in the US after the introduction of deposit insurance.
The Lucas Revolution
09 Apr 2019 Leave a comment
in budget deficits, business cycles, economic growth, fiscal policy, macroeconomics, monetary economics, Robert E. Lucas Tags: new classical macroeconomics
16th SAET Conference on Current Trends in Economics – Robert E. Lucas, JR (University of Chicago)
05 Apr 2019 Leave a comment
in applied price theory, development economics, economic growth, economic history, economics of education, human capital, labour economics, macroeconomics, occupational choice, Robert E. Lucas
Edward Prescott | Barcelona GSE Scientific Council Roundtable 2019
05 Apr 2019 Leave a comment
in budget deficits, business cycles, economic growth, Edward Prescott, Euro crisis, fiscal policy, global financial crisis (GFC), great depression, great recession, macroeconomics, monetary economics
Policy responses to the business cycle require detailed information on the nature of the shocks
31 Mar 2019 Leave a comment
Entrevista con David Friedman
29 Mar 2019 Leave a comment
in applied price theory, comparative institutional analysis, David Friedman, economics of crime, economics of information, economics of regulation, environmental economics, history of economic thought, law and economics, monetary economics, property rights
Policies to Energize the United States Economy Lee Ohanian
26 Mar 2019 Leave a comment
in applied price theory, budget deficits, business cycles, economic growth, economic history, economics of regulation, fiscal policy, global financial crisis (GFC), great recession, health economics, industrial organisation, labour economics, law and economics, macroeconomics, occupational regulation, politics - USA, poverty and inequality, unemployment, welfare reform
Two lectures on the theory of economic growth – Peking University. 1.2 Micheal Bordrin
21 Mar 2019 Leave a comment
in economic growth, macroeconomics Tags: endogenous growth theory
Forgot to post this @NZTreasury OIA on @ProfSteveKeen’s 2-day visit winning no support for a model touted to have predicted #GFC
18 Mar 2019 Leave a comment
in budget deficits, business cycles, global financial crisis (GFC), great recession, macroeconomics, monetary economics Tags: Post-Keynesian macroeconomics
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