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Tag: Macroeconomics

Economic benefit of asset market bubble

What the impact of asset price bubbles on US economic growth is.

How firms set their prices in eurozone?

ECB recently conducted a survey asking 58 leading non-financial companies that operate across the euro area in eurozone their price-setting behaviors, the results provide a helpful dataset for macroeconomists’ use.

Akerlof on Keynesian-neoclassical synthesis’s departure from Keynes

George Akerlof explains how the Keynesian- neoclassical synthesis dominated the field, and what problems this dominance resulted.

What comes after housing market bubble?

An investigation into the probability of a crash in house prices following a housing bubble

BIS’s latest hunt for Zombie (firms)

In the latest BIS Quarterly Review, researchers Ryan Banerjee and Boris Hofmann consolidated some of the earlier research to illustrate the problem of zombie firms. They argued that the rise of zombies predated the 2008 financial crisis, and has since been dragging down the productivity of the real economy.

Economics Rules – Why Economists do it with Models | Q&A with Dani Rodrik

Rodrik tells us that good economists think in terms of models, and there are major differences between models and theory. He also comments on macroeconomists quest on finding the "one true model" on the business cycle,

Performance of Macroeconomics is not that bad! | Q&A with Ricardo Reis |

In the interview, Ricardo Reis discuss with us his latest research project - "Reservism", the study of the role of reserves on central bank balance sheets and their implications for central bank solvency, quantitative easing, and the ability to control inflation.
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The model you should use to explain Macroeconomics to your Mum | Q&A with...

>Professor Olivier Blanchard further explained the role empirical research on DSGE models, how to teach undergraduates macro after the Great Recession, and his research on hysteresis.

DSGE model and the State of Macroeconomics | Q&A with Olivier Blanchard |

In this interview, Blanchard discussed his view on the role of DSGE model in modern Macroeconomics and policymaking. He also explained his decision to rewrite his macroeconomics textbooks after the Great Recession. His recent research on hysteresis was also discussed.

What Macroeconomists agree with each others, according to Blanchard

Olivier Blanchard a list of things that macroeconomists normally agreed on and need no further discussions.

Economy

Economics