From Full Employment to the Natural Rate of Unemployment: A Survey [PDF]
On its face, unemployment seems to be a concept easy to grasp. But when one looks closer, the intricacies are numerous and assump-tions are multiple. Nowadays, the New Classical School is a bit closer to New Keynesianism than ever before.
Thierry Warin
core
Curriculum and coronavirus: New approaches to curriculum in the age of uncertainty. [PDF]
Prospects (Paris), 2021 Goodson IF, Schostak JF.
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On the Monetization of Deficits [PDF]
Whether or not a deficit is monetized is often thought to have important macroeconomic ramifications. This paper is organized around two questions.The first is: Does monetization matter?, or morespecifically, For a given budget deficit, do nominal or ...
Alan S. Blinder
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Research on the coordination of fiscal structure and high-quality economic development: An empirical analysis with the example of Anhui province in China. [PDF]
PLoS One, 2023 Zhou Y, He X, Li S.
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Considerations on Interest Rate Exogeneity [PDF]
The idea of an exogenous money supply—controlled entirely through centralbank interventions—was a fundamental tenet of monetarism and New Classical economics. Post Keynesians have developed an extensive literature arguing that the money supply is in fact
Robert Pollin
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An econometric analysis of the effects of macroeconomic variables on interest rates in Brazil
Economia Aplicada, 1998 This paper examines the importance of liquidity, credit, and Fisher effects on the interest rate in Brazil during the period 1975-1991, for five different segments of the financial market.
Fernando Blumenschein
doaj
Exploring neoliberal resilience: the transnational politics of austerity in Czechia. [PDF]
J Int Relat Dev (Ljubl), 2021 Šitera D.
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Comparison of Interwar and Postwar Business Cycles: Monetarism Reconsidered [PDF]
When monthly data on production, prices, and the money stock are interpreted, via a vector autoregression, as generated by dynamic responses to "surprises" in each of the variables, a remarkable similarity in dynamics between interwar and postwar ...
Christopher A. Sims
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"The Collapse of Monetarism and the Irrelevance of the New Monetary Consensus" [PDF]
What in monetarism, and what in the "new monetary consensus," led to a correct or even remotely relevant anticipation of the extraordinary financial crisis that broke over the housing sector, the banking system, and the world economy in August 2007 and ...
James K. Galbraith
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