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Letzte Kommentare
- Benedita bei Germany: The shadow side of the rocky reform road
- Immobilienmakler in Hamburg bei Die Wachstumsprognose 2007 — ein “moving target”
- Aimée bei The case against stabilization policy — why is the discussion in the U.S. often so different from Europe?
- tabata bei Nullum crimen, nulla poena sine praevia lege poenali: A Reply to Ester Faia and Ignazio Angeloni
- Mała Księgowość bei Nullum crimen, nulla poena sine praevia lege poenali: A Reply to Ester Faia and Ignazio Angeloni
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Tag Archives: counter-cyclicality
The Boom: Comments on other blogs and papers (Olivier Blanchard and Gustav Horn)
Recent GDP estimates (Germany, France) as well as survey (PMI) results indicate, that at least for now, the "official recession" could well be over. By reading different blogs, I found the following papers interesting:
A very interesting piece by Olivier Blanchard:
In a short not for the IMF publication Finance and Development, he wrotes:
But the world is not in a run-of-the mill recession. The turnaround will not be simple. The crisis
has left deep scars, which will affect both supply and demand for many years to come.
What are these deep scars?
Posted in Blog
Tagged Aufschwung, counter-cyclicality, Keynesianism, Macroeconomics, Potenzialberechnung, Productivity
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The case against stabilization policy — why is the discussion in the U.S. often so different from Europe?
The case for (and against certain types of) stabilization policy is a highly disputed issue. This is at least the case in the U.S. but applies to a certain fraction of European economists — this blog is a nice example. If you need another example, just have a look a the new manifesto published by the "old" Keynesian (in the terminology of an JEP’s article by James Tobin on differences between "new" and "old" Keynesians, in terms of freshness of his ideas Solow seems to be as young as he ever was) Robert Solow and some European fellows, see the link here. Even under my qualifications however, it is justified to claim that the debate is much more alive in the U.S. — not among the mainstream of European economist.
Posted in Blog
Tagged counter-cyclicality, Finanzpolitik, Heterodoxy, Macroeconomics, Monetary Policy, policy-making
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Thomas Fricke über Angstsparen
In der heuten Ausgabe der FTD schreibt Thomas Fricke über Angstssparen (Angst essen — nicht Seele aber — Agenda auf. Herr Fricke als Fassbender-Fan wäre aber mal ein anderes Thema).
Hier mein Kommentar:
Posted in Blog
Tagged counter-cyclicality, Income Distribution, Keynesianism, Konjunktur, Risk
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Conference on EMU adjustment
SWP and RGE Monitor organized a conference on adjustment and macroeconomic stability of the EMU. The papers are available for download.
Posted in Blog
Tagged counter-cyclicality, divergence, EMU, euro zone, Macroeconomics
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