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A transcription of a 2019 conversation with Duke historian E. Roy Weintraub on his intellectual development over the 1980s from mathematician to economist to historian. The conversation also explored Weintraub's early and continuing attempts to forge new ways to study the history of contemporary...
Persistent link: https://www.econbiz.de/10012098661
Shock is a term of art that pervades modern economics appearing in nearly a quarter of all journal articles in economics and in nearly half in macroeconomics. Surprisingly, its rise as an essential element in the vocabulary of economists can be dated only to the early 1970s. The paper traces the...
Persistent link: https://www.econbiz.de/10011613797
The canonical history of macroeconomics, one of the rival schools of thought and the great economists, gives Robert Lucas a prominent role in shaping the recent developments in the area. According to it, his followers were initially split into two camps, the "real business cycle" theorists with...
Persistent link: https://www.econbiz.de/10011613821
The fit of empirical Taylor Rules to Brazilian data improves if we consider the hypothesis of interest rate inertia. Inertia seems to be part of monetary policy of several countries and reflects the action of Central Banks of not adjusting once-for-all to changing conditions. This article...
Persistent link: https://www.econbiz.de/10011935064