blogs.ft.com - 1/13/2009
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By Roger Farmer
For the past seventy years, policy makers have relied on fiscal and monetary policy to combat recessions. Monetary policy works by lowering real interest rates and stimulating private expenditure. Since the nominal interest rate on three month treasury bills has now reached zero ...
worthwhile.typepad.com - 1/11/2009
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worthwhile.typepad.com —
Will fiscal (or monetary) policy work to prevent
a recession? This is perhaps the central question of...
macroeconomics. We ought to know the answer, and we ought to have overwhelmingly good evidence to support our answer. But we don't. It's...
(more)
Why there's so little good evidence that fiscal (or ...
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FT Alphaville —
... Economists’ Forum: A monetary policy for the 21st century Economist and author Roger Farmer sets out his priorities for a successful monetary policy. ...
links for 2009-01-13
Economist's View —
... - Los Angeles Times
Dynamic Scoring - Employment, Interest, and Money
More on Agglomerations - The Bellows
Did Gary Becker Really Argue Complete Crowding-Out? - pgl
Hassett and the Paradox of Thrift - pgl
New Monetary Policy and the Economic Outlook - Dennis Lockhart
Belief, Whether True or False, Can Have Beneficial Effects - Gavin Kennedy
A new monetary policy for the 21st century - Roger Farmer
US workers need Social Security ...
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