The financial crisis and the criticism addressed to ... - Eleni Iliopulos
The financial crisis and the criticism addressed to modern macroeconomics. Here you find in the following a list of mandatory reading concerning the debate on ...
The financial crisis and the criticism addressed to modern macroeconomics Here you find in the following a list of mandatory reading concerning the debate on economic modeling following the financial crisis: Buiter W. (2009), “The unfortunate uselessness of most 'state of the art' academic monetary economics”, The Financial Times. Caballero, J. Ricardo (2010), “Macroeconomics after the crisis: time to deal with the pretense-ofknowledge syndrome?”, NBER WP 16429 Chari, V.V. (2010), “Testimony before the Committee on Science and Technology, Subcommittee on Investigations and Oversight, US House of Representatives”. Economist, The, ( 2010), “Agents of Change”, 22nd of July. Lucas B. (2009), “In defense of the dismal science”. Mankiw G. (2006), The Macroeconomist as Scientist and Engineer. Solow, R. (2010), “Building a Science of Economics for the Real World” Wikens, M. (2009), “What's Wrong with Modern Macroeconomics? Why Critics Have Missed the Point”, CESifo Economic Studies 2009 Conference.
Nov 10, 2014 - By calculating European immigrants' share of the cost of government spending and their contribution to government revenues, the scholars ...
This course is taught in English and consists of 12 classes of 1.5 hours each. The final grade is based on a written exam. The participation to the class ... Papers, Board of Governors of the Federal Reserve System. Choi, H. , N.H. Mark and D.
house mortgages in the US to risky people: subprime mortgages, which relied on ever increasing house prices. And these loans were sold to banks, which sold ...
Understand how we can extend the Heckscher$Ohlin model. ... The model: basic assumptions .... Transportation costs do not allow to equalize good prices.
Special Panel for the American Accounting Association Annual Meeting, ... problems with the size of financial institutions (firms) and with the proper accounting ...
State of the Union: The Financial Crisis and the ... 9600 Garsington Road, Oxford OX4 2DQ, UK and 350 Main Street, Malden, MA 02148, ... United States (see Figure 1). .... Fourth, in order to address euro area banks' needs to fund their US dollar ...
The Ricardian model: assumptions on PPF. 1 ... Given all assumptions, PPF is linear: from (1),* #. C$. +$,4 ..... Transportation costs: for each unity of good X,.
Similarly, some local investors began selling baht .... assets and then manage, restructure and sell ..... Bangkok just as unemployed workers will survive.
like the current drama. Dr Chatres likens (compares) the situation to light pollution found in big cities. "You cannot see the vastness of the universe or our ...
Jan 15, 2010 - questions the foundation of the euro and its central bank, the .... highest level of inflation in the OECD and the euro area since the early 1990's.
i) Varian, Microeconomic Analysis, W. W. Norton. ii) Wickens (2008), Macroeconomic Theory: a general equilibrium approach, Princeton. University Press.
10/10/2012. 28. The international role of the euro. Dollar seems firmly entrenched as the leading currency for international reserves. Yet, the euro has taken off.
Mar 21, 2013 - have some control over price. Also, firms tend to specialize because in monopolistic competition we have increasing returns to scale ...
3. Introducing an MFN tariff into the framework. 4. Different types of trade barriers. E. ILIOPULOS (PSE, University of Paris 1). Microeconomics. Lecture 3. 2 / 26 ...
This course aims at providing an introduction to the standard literature on international trade and on the related policy issues. It analyzes the empirical and ...
Abstract. This paper makes a case that the global imbalances of the 2000s and the recent global financial crisis are intimately connected. Both have their origins ...
Common agricultural policy. Eleni ILIOPULOS. PSE, University of Paris 1. Lecture 6. E. ILIOPULOS (PSE, University of Paris 1). CAP. Lecture 6. 1 / 26 ...
Can you show graphically that a small country (no impact of its demand on the world price) always has welfare losses from imposing a tariff? II. 4. Equivalence of ...
follows up on these themes by warning that âThe complex chains of counterparty ...... scale economies in production, to learn by doing, and to move up the value chain. With ..... of the Federal Reserve System and U.S. Department of Commerce.
also last one or several periods. Models introduce a positive shock today and zero shocks thereafter. (with certainty). The solution does not require linearization, ...
The standard model stochastic setting complete markets: state contingent Arrow'Debreu assets. capital and adjustment costs productivity shocks. E. ILIOPULOS ...
2. State the Rybsczinsky theorem and represent it graphically on a graph with (L,K) ... French people are in favor of free trade with Germany but not with China.
