
Thomas Humphrey recall Ricardo and Thornton on monetary policy and supply shocks
04 Mar 2020 Leave a comment
in business cycles, economic growth, fiscal policy, history of economic thought, labour economics, labour supply, macroeconomics, monetary economics, Thomas M. Humphrey Tags: monetary policy, real business cycle theory

Prescott and McGrattan on intangible investment and real business cycle theory
04 Mar 2020 Leave a comment

New classical macroeconomics and real business cycle theory are different macroeconomic schools
28 Feb 2020 Leave a comment

Does neoclassical macroeconomics rule out depressions?
27 Feb 2020 Leave a comment
in business cycles, econometerics, economic history, Edward Prescott, global financial crisis (GFC), great depression, great recession, history of economic thought, job search and matching, labour economics, labour supply, macroeconomics, monetary economics, politics - USA, public economics, Robert E. Lucas, unemployment, unions Tags: Keynesian macroeconomics, new classical macroeconomics, New Keynesian macroeconomics, real business cycle theory

Mankiw on the dangerousness of real business cycle theory
28 Jan 2020 Leave a comment
in business cycles, Edward Prescott, macroeconomics Tags: real business cycle theory
Finn Kydland on economic policy
22 Jan 2020 Leave a comment
in development economics, economic growth, economic history, economics of bureaucracy, Edward Prescott, entrepreneurship, Euro crisis, fiscal policy, global financial crisis (GFC), great recession, growth disasters, growth miracles, income redistribution, industrial organisation, inflation targeting, international economics, labour economics, law and economics, macroeconomics, monetary economics, property rights, Public Choice, public economics, rentseeking, Robert E. Lucas Tags: game theory, real business cycle theory
Edward Prescott on the GFC
17 Jan 2020 Leave a comment
in business cycles, economic history, Edward Prescott, financial economics, global financial crisis (GFC), great depression, great recession, macroeconomics, monetary economics, politics - USA Tags: New Keynesian macroeconomics, real business cycle theory

Real business cycle theory ensures the questions are correctly posed
17 Jan 2020 Leave a comment
in budget deficits, business cycles, fiscal policy, global financial crisis (GFC), great depression, great recession, macroeconomics, monetary economics Tags: real business cycle theory









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