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Discover Latest #Macroeconomics News, Articles and Videos with Contenting
Macroeconomics is the study of the entire economy. It looks at how different sectors of the economy interact, how the government affects the economy, and how different economic policies can impact the economy. Macroeconomics focuses on the big picture and can help governments create policies to increase economic growth and reduce poverty. Macroeconomists analyze data from the government, businesses, and individuals to understand how the economy is working and how it can be improved. The news, articles, and videos below provide information about macroeconomics and the current state of the economy. Learn about the different economic policies being implemented around the world and how different countries are dealing with economic issues.
How evidence is treated in mainstream macroeconomics | LARS P. SYLL
'New Keynesian' macroeconomist Simon Wren-Lewis has a post on his blog discussing how evidence is treated in modern macroeconomics (emphasis added): It is hard to get academic macroeconomists trained since the 1980s to address this question, because they have been taught that these models and techniques are fatally flawed because of the Lucas critique and…
How evidence is treated in mainstream macroeconomics | Real-World Economics Review Blog
from Lars Syll ‘New Keynesian’ macroeconomist Simon Wren-Lewis has a post on his blog discussing how evidence is treated in modern macroeconomics (emphasis added): It is hard to get academic macroeconomists trained since the 1980s to address this question, because they have been taught that these models and techniques are fatally flawed because of the Lucas critique…
The Evolving Core of Usable Macroeconomics for Policymakers | Mostly Economics
Jonas D. M. Fisher , Bart Hobijn , Alessandro Villa have written this useful primer on usable macro theory of policymakers: We provide a brief primer on how the core of usable macroeconomic theory for monetary policymakers has evolved over the past 50 years. Today’s policy discussions center on the New Keynesian (NK) synthesis, which builds on the Neoclassical…
RRR cut unlikely to boost bank lending - BusinessWorld Online
REDUCING the reserve requirement ratio (RRR) for big banks will not necessarily lead to increased lending, Pantheon Macroeconomics said, as elevated interest rates continue to dampen demand for credit. “The thing is, RRR cuts are a supply-side measure, which doesn’t directly address the prevailing deficiencies in credit demand, depressed in part by still-high interest rates,” […]
Debt Risks Rising for Low- and Middle-income Countries - Conversable Economist
One of the puzzles of international macroeconomics is that if capital has diminishing returns, then it seems plausible that capital should flow from capital-rich high-income countries to capital-poor low-income countries. After all, the potential returns to capital investment should presumably be high in a capital-poor environment. However, for some decades now, net capital inflows have
BSP could resume easing cycle in April — analysts - BusinessWorld Online
THE BANGKO SENTRAL ng Pilipinas (BSP) is expected to resume its rate-cutting cycle as early as April following slower-than-expected inflation in February, analysts said. In a report, Pantheon Macroeconomics Chief Emerging Asia Economist Miguel Chanco said the “door is now wide open for the BSP to resume easing in April.” “Given the low inflation environment, […]
The macroeconomics of the Trump administration: Chaotic and harmful policies will make the United States poorer—either rapidly or gradually | Economic Policy Institute
The Trump administration inherited the strongest economy of any president since George W. Bush—and unlike that economy, there was no obvious macroeconomic imbalance set to pull down growth. In short, the stage was set for the incoming administration to ride the desirable trends of rapid growth in jobs and real wages—as well as declining inflation—for…
Finding Eigenvalues and Eigenvectors (student stuff) | LARS P. SYLL
. When applying principal component analysis in econometrics courses we often want to reduce data dimensionality. Eigenvalues and eigenvectors help us do that. In macroeconomics -- especially when we use dynamic programming and Bellman equations to solve optimization problems -- eigenvalues and eigenvectors help us determine convergence and stability properties. So -- good to have…