Olivier Blanchard解述衰退後遺症(Hysteresis)

Hysteresis即係「衰退後遺症」;歐美經濟係金融海嘯後增長明顯無法回到衰退前嘅增長趨勢,呢個情況係各地經濟嘅歷史,係例外定係常態呢?本文就總結IMF前首席經濟師Olivier Blanchard同Econ記嘅專訪內容,同佢幾年前一篇研究論文,睇下宏觀經濟學術對衰退後遺症嘅解釋。

咩係Market Monetarism 同 NGDP Targeting?

money

Market Monetarism (譯為市場為本嘅貨幣主義)係自金融海嘯後係經濟學網上討論中,相當流行嘅一個宏觀經濟學術分析框架。就正如佢嘅名稱所述,Market Monetarism係建基於主流嘅Monetarism,但加入較金融市場訊息作為政策指導工具。

Economics Rules 與 Premature Deindustrialization | Dani Rodrik專訪

我同Rodrik討論的,是他2016年出版的一本好書 《Economics Rules》。《Economics Rules》探討的是經濟學研究的基本法則,即是經濟學的方法學討論。而在眾多經濟學方學之中,Rodrik在書中最為強調的是一個概念 — 「Model」,經濟學者是以模型作為思考方法。

特朗普減稅方案的經濟邏輯 | 白宮新經濟顧問Casey Mulligan專訪

芝加哥大學經濟教授Casey Mulligan今個月開始,加入美國白宮經濟委員會(CEA)出任首席經濟師之位。好友徐家健教授是Mulligan教授的入室弟子,在他穿針引綫下Mulligan答允在出任白宮經濟師前,接受Econ記者專訪!

瑞士嘅100%貨幣制度大公投 — 真係預防到金融危機?

瑞士將會係6月10日公投是否採用Sovereign Money制度。但有經濟學者認為Sovereign Money計劃,根本難言減少整體金融風險,好處有限,但改革幅度及風險極大,利未必大於弊,

Blanchard: “I would use this model to explain Macroeconomics to my Mum” | #WITGT21

This is the sixth installment of our interview series “Where is the General Theory of the 21st Century?” Blanchard on DSGE and the State of Macroeconomics | #WITGT21 Conversation Series | EconReporter Continuing our previous discussion on “DSGE model and the State of Macroeconomics”, Professor Olivier Blanchard further explained the role empirical research on DSGE … Read more Blanchard: “I would use this model to explain Macroeconomics to my Mum” | #WITGT21

Blanchard on “DSGE model and the State of Macroeconomics” | #WITGT21

Welcome! This is the Fifth installment of our interview series “Where is the General Theory of the 21st Century?” “Where is the General Theory of the 21st Century?” is an interview series which ask top economists a very important question: “Why haven’t economists come up with a new General Theory that can explain the Great … Read more Blanchard on “DSGE model and the State of Macroeconomics” | #WITGT21

John Cochrane on “FTPL and the State of Macroeconomics” | #WITGT21

John Cochrane

This is the fourth installment of our interview series “Where is the General Theory of the 21st Century?” In this article, we continue our discussion with Professor John Cochrane, Senior Fellow of Hoover Institution, Stanford University. Here he talks about Fiscal Theory of Price Level and how can we apply this theory on the current … Read more John Cochrane on “FTPL and the State of Macroeconomics” | #WITGT21

John Cochrane on What is Neo-Fisherian? | #WITGT21

Welcome! This is the third installment of our interview series “Where is the General Theory of the 21st Century?” “Where is the General Theory of the 21st Century?” is an interview series with the aim to ask top economists a very important question: “Why haven’t economists come up with a new General Theory that can … Read more John Cochrane on What is Neo-Fisherian? | #WITGT21