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~institution:"C.E.P.R. Discussion Papers"
~institution:"Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München"
~person:"Farmer, Roger E A"
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Farmer, Roger E A
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C.E.P.R. Discussion Papers
Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
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CEPR Discussion Papers
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1
Animal Spirits, Persistent
Unemployment
and the Belief Function
Farmer, Roger E A
-
C.E.P.R. Discussion Papers
-
2010
which there are multiple equilibrium
unemployment
rates. The model has two equations in common with the new-Keynesian model …
Persistent link: https://www.econbiz.de/10008692320
Saved in:
2
Fiscal Policy Can Reduce
Unemployment
: But There is a Better Alternative
Farmer, Roger E A
-
C.E.P.R. Discussion Papers
-
2009
This paper uses a model with a continuum of equilibrium
unemployment
rates to explore the effectiveness of fiscal … situation of bilateral monopoly. Using this framework, I explain the current financial crisis as a shift to a high
unemployment
…
Persistent link: https://www.econbiz.de/10008567800
Saved in:
3
Animal Spirits, Financial Crises and Persistent
Unemployment
Farmer, Roger E A
-
C.E.P.R. Discussion Papers
-
2011
This paper develops a rational expectations model with multiple equilibrium
unemployment
rates where the price of … a permanent reduction in wealth and consumption and a permanent increase in the
unemployment
rate. My work suggests that …
Persistent link: https://www.econbiz.de/10009147406
Saved in:
4
The Stock Market Crash Really Did Cause the Great Recession
Farmer, Roger E A
-
C.E.P.R. Discussion Papers
-
2013
unemployment
rate. I show that the connection between changes in the stock market and changes in the
unemployment
rate has remained …
unemployment
. …
Persistent link: https://www.econbiz.de/10011083701
Saved in:
5
The Natural Rate Hypothesis: An idea past its sell-by-date
Farmer, Roger E A
-
C.E.P.R. Discussion Papers
-
2013
Central banks throughout the world predict inflation with new-Keynesian models where, after a shock, the
unemployment
…
Persistent link: https://www.econbiz.de/10011084150
Saved in:
6
Shooting the Auctioneer
Farmer, Roger E A
-
C.E.P.R. Discussion Papers
-
2005
account for observed volatility in
unemployment
and vacancies. Following a suggestion by Hall, [4] [5], building on work by …
Persistent link: https://www.econbiz.de/10005124199
Saved in:
7
The Stock Market Crash of 2008 Caused the Great Recession: Theory and Evidence
Farmer, Roger E A
-
C.E.P.R. Discussion Papers
-
2011
and the
unemployment
rate in U.S. data since 1929. Second, it compares a new model of the economy developed in recent …
Persistent link: https://www.econbiz.de/10009351524
Saved in:
8
The Evolution of Endogenous Business Cycles
Farmer, Roger E A
-
C.E.P.R. Discussion Papers
-
2012
return to one of the most important ideas to emerge from Keynes’ (1936) General Theory; that high involuntary
unemployment
…
Persistent link: https://www.econbiz.de/10011084345
Saved in:
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