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A case for a bank lending channel in the crisis: small businesses are hurt

by econnews 2009-10-13 12:33 monetary_policy · monetary_macro · credit_crunch

http://economistsview.typepad.com/economistsview/2009/10/the-bank-lending-channel.html - cached - mail it - history

Papers by Benassy

by econnews 2009-09-18 10:22 paper · monetary_macro · macro_theory · non-ricardian

http://www.pse.ens.fr/benassy/artihist.html - cached - mail it - history

Fed: Bagehot revisited

by econnews 2009-08-24 09:59 monetary_policy · monetary_macro · financial_macro · financial_crisis · liquidity · FederalReserve · US

http://www.federalreserve.gov/newsevents/speech/madigan20090821a.htm - cached - mail it - history

On bubbles: should we avoid them?

by econnews 2009-06-30 05:05 financial_macro · monetary_macro · monetary_policy · bubbles

http://feedproxy.google.com/~r/EconomistsView/~3/hH_TZXQ4dIQ/should-we-pop-bubbles.html - cached - mail it - history

Ericsso & Irons 1995: The Lucas Critique in Practice: Theory Without Measurement

by econnews 2009-02-06 09:34 lucas_critique · paper · monetary_macro · macro_theory · econometrics

http://www.federalreserve.gov/pubs/ifdp/1995/506/ - cached - mail it - history

Buiter: textbook effects of fiscal policy, debt monetisation, etc.

by econnews 2008-12-17 08:04 2007CreditCrisis · US · monetary_policy · fiscal_policy · macro · monetary_macro · zero_bound · bailout

http://blogs.ft.com/maverecon/2008/12/confessions-of-a-crass-keynesian/ - cached - mail it - history

On the Fed decision to lower rates to zero 2008-12-16

by econnews 2008-12-17 04:51 2007CreditCrisis · US · monetary_policy · quantitative_easing · monetary_macro · zero_bound

http://feeds.wsjonline.com/~r/wsj/economics/feed/~3/BmJpSCLJzNw/ - cached - mail it - history

Keynes: the great slump of 1930

1. sales < costs in consumption good sector because consumption is too low and capital good production is too low. 2. Capital good production is too low because savers want liquid assets and would not buy more capital goods if they were produced. 3. Demand for capital goods is low because interest rates are high on the lender side (risk premia, habits, etc.) and because borrowers are afraid of deflation and risk.

by econnews 2008-12-10 13:25 Keynes · great_depression · macro · monetary_macro

http://www.gutenberg.ca/ebooks/keynes-slump/keynes-slump-00-h.html - cached - mail it - history

Krugman: increasing nominal wages in a liquidity trap has no effect on output (vertical AD curve)

by econnews 2008-12-10 10:44 great_depression · US · keynes · monetary_macro · macro

http://www.princeton.edu/~pkrugman/nominal_wage.pdf - cached - mail it - history

Goodfriend: Interest on reserves and monetary policy

by econnews 2008-11-06 11:33 monetary_policy · paper · monetary_macro

http://www.newyorkfed.org/research/epr/02v08n1/0205good.pdf - cached - mail it - history

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