Business Economics
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The Financial Crisis and the Implementation of Monetary Policy
Business Economics - Tập 44 - Trang 216-219 - 2009
The ongoing financial crisis has had a dramatic impact on how the Federal
Reserve conducts monetary policy. In this paper I outline how the Federal
Reserve implements monetary policy during “ordinary” circumstances, and compare
and contrast this with how it has implemented policy in the wake of the crisis,
especially in the latter part of 2008.
What Can the Developed World Learn from the Latin American Debt and Mexican Peso Crisis?
Business Economics - - 2012
Edward Nelson: Milton Friedman and economic debate in the United States, 1932–1972 (volumes 1 and 2)
Business Economics - Tập 56 - Trang 101-105 - 2021
R. Douglas Arnold: Fixing Social Security: The Politics of Reform in a Polarized Age
Business Economics - Tập 58 - Trang 121-124 - 2023
Did Okun’s law die after the Great Recession?
Business Economics - Tập 52 - Trang 216-226 - 2017
This paper estimates Okun’s law, focusing on piecewise non-linearity in the form
of structural breaks and threshold dynamics, and obtains regime-dependent as
well as threshold-dependent changes in the unemployment rate. We employ an
autoregressive distributed lag version of Okun’s law in first differences, which
allows for delayed reactions of the unemployment rate to output growth. Applied
to U.S...
Northern America’s Production of Technology Capital Is Transforming the World Economy
Business Economics - - 2016
Is Inequality Growing as American Workers Fall Behind?
Business Economics - Tập 43 - Trang 44-54 - 2008
This article looks at reasons why income inequality could rise and then explores
whether, in fact, workers are losing out. It examines whether workers are
falling behind relative to the wealthy and whether real wages have been falling
or perhaps only manufacturing wages. It also examines whether there is a growing
“wealth gap” and why it could be developing. Finally, it examines the hypothesis
tha...
The U.S. immigration debate: what’s all the shouting for?
Business Economics - Tập 53 - Trang 141-144 - 2018
Potential GDP growth has slowed by 1.3% a year. The main culprit is labor force
decline. It follows logically that a more welcoming immigration policy would be
responsive to our demographic challenges and thereby complementary to
macroeconomic growth. Ironically, anger at immigration has grown in inverse
proportion to actual immigration flows. There is little evidence that immigrants
have negative...
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