Links for economists and historians of
economic thought
- Disclaimer : inclusion of links does not necessarily imply endorsement of the page contents.
Resources
Individuals
Schools of
thought
Themes
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Links on Labour market flexibility ; Lucas , Sargent and Rational expectations ; Supply-side economics , Reaganomics and Martin Feldstein .
Labour Market Flexibility
- Labor Market Reforms
- The Transformation of the Idea of a Full Employment to a Flexibility Discourse in
- Description of a research project at the European University Institute, Florence. Seminars and workshop titles and authors provide a first guide to the literature.
- LABOUR MARKET FLEXIBILITY MEANS THAT THE BANK OF ENGLAND SHOULD NOW TARGET ZERO INFLATION
- On labour market flexibility in the UK and its implications; RES briefing on 'Nominal Wage Rigidity in the UK' by Jennifer Smith is published in the March 2000 issue of the Economic Journal
- Flexible Labour Markets No Solution To Unemployment
- RES media briefing on 'The Size and Sources of Economic Rents in a Developing Country Manufacturing Labour Market' by Francis Teal, July 1996 issue of the Economic Journal
- Flexibility in the Labor Market
- by Dong-Un Park; abstract
- Unemployment and Labor Market Flexibility (pdf)
- David Kucera (CEPA). Unemployment and External and Internal Labor Market Flexibility: A Comparative View of Europe, Japan, and the United States (working paper @ cepa, October 1998)
- Labor Market Reforms
- "To regain vitality of our economy, it is essential to increase the flexibility of the labor market and establish stable labor-management relationships"
- Downward Price Flexibility and Economic Growth
- By Gary North, The Freeman, May, 1971, Vol. 21, No. 5. » liberty heaven
- Friedman and The Natural Rate of Unemployment
- A Criticism. Iin The Long FAQ on Liberalism (part of Liberalism Resurgent, by Steve Kangas)
- Natural rate of unemployment
- How has the concept of the natural rate of unemployment been used in Monetarist, New Classical and the New Keynesian models? By James Arnold, @ Economic Research and Analysis
- Concept of a 'Natural Rate Unemployment' Is Grossly Inflated
- L.A. Times, 4-3-94, ROBERT EISNER
Lucas
General pages
- Lucas (Encyclopædia Britannica)
- Robert E. Lucas, Jr.
- Associated Press announcement of Nobel award; with picture
- Robert LUCAS @ cepa
biographical
- Autobiography of Robert E. Lucas Jr.
- Nobel Prize Internet Archive
- The Scientific contributions of R. E. Lucas, Jr.
- by the Royal Swedish Academy of Sciences
Secondary literature, interview, Resources
- Notes on Phillips and Lucas
- TWO PERSPECTIVES ON THE RELATIONSHIP BETWEEN UNEMPLOYMENT AND INFLATION: PHILLIPS AND LUCAS
- Lucas: architect of modern macroeconomics (pdf file)
- by V. V. Chari, Federal Reserve Bank of Minneapolis Quarterly Review, Spring 1999, pp. 2-12.
- Robert Lucas Winner of the 1995 Nobel Prize in Economics - resources
- Nobel Prize Internet Archive
- Interview with Robert E. Lucas Jr. (The Region, June 1993)
- Robert Lucas' original Rational Expectations paper
- article in The Region, Dec. 1995
- Lucas and the Austrians, by Allin Cottrell
- Exogeneity Unveiled: A Critique of the Dynamical Foundations of New Classical Macroeconomics*
- by Ghassan Dibeh, Department of Economics, University of Texas at Austin, Austin, TX 78713. This paper discusses and critiques different exogenous business cycle theories (RBC, Lucas,..) on both the analytical and foundational grounds.
Rational expectations
- THE RATIONALITY OF RATIONAL EXPECTATIONS
- by Cloda Lane. Concludes that "... Rational expectations are the best available models that economics has for modelling economic expectations".
- Lucas and Rational Expectations
- A Critique of the Chicago School of Economics: ROBERT LUCAS AND RATIONAL EXPECTATIONS, in The Long FAQ on Liberalism (part of Liberalism Resurgent, by Steve Kangas)
- The Existence of Rational Expectations Equilibrium: A Retrospective
- by Beth Allen and James S. Jordan, FRB Minneapolis Research Archive, Staff Report. This paper provides a selective review of theoretical research on the consistency of rational expectations equilibrium and its properties in microeconomic models.
- Interview with Thomas J. Sargent (The Region, Dec. 1989)
- on Rational Expectations
- Boundedly versus Procedurally Rational Expectations
- CPM Report No.: 97-30, By: Scott Moss, December 1997. To be published as: Moss, S. (forthcoming). Boundedly versus Procedurally Rational Expectations. In Hallet, H and McAdam, P. (eds.), New Directions in Macro Economic, Kluwer. Modelling, Kluwer.
T. Sargent
- Thomas Sargent's Home page @ Hoover Inst.
- Interview with Thomas J. Sargent (The Region, Dec. 1989)
- Book Review: Sargent, Rational Expectations and Inflation
- Reviewed by Ed Green, Senior Research Officer, Federal Reserve Bank of Minneapolis (Region, Dec. 1997)
Supply side economics
Martin Feldstein
- Martin Feldstein - CV
- Martin Feldstein home page
- includes publications list
Miscellanea on supply-side economics
- Supply-side economics (short definition)
- by Derek Brown - short definition
- Supply Side Economics - Act I: Supply Side Economics in the 1980s
- Supply Side Economics: Do Tax Rate Cuts Increase Growth and Revenues and Reduce Budget Deficits ? Or Is It Voodoo Economics All Over Again? by Nouriel Roubini, Stern School of Business, New York University, 1997. With other links
- Supply Side Economics - Act II: The Return of Voodoo Economics in the 1990s
- Supply Side Economics: Do Tax Rate Cuts Increase Growth and Revenues and Reduce Budget Deficits ? Or Is It Voodoo Economics All Over Again? by Nouriel Roubini, Stern School of Business, New York University, 1997. With other links.
- Supply side economics (short criticism, based on Fed policy)
- The Rise of Supply-Side Economics
- A critical overview, by Steve Kangas (pages on Liberalism Resurgent)
- A Walk on the Supply Side
- by Raymond J. Keating. Reprinted with permission from The Freeman, a publication of the Foundation for Economic Education, Inc., May 1995, Vol. 45, No. 5. (@ libertyheaven)
- Plugging in the supplyside
- Plugging In The Supply Side: A Twenty-Year Retrospective. By Jack Kemp, Co-director Empower America, before the Joint Economic Committee, 9 March 2000
- Supply-Side University
- Say's Law and Supply Side Econ.-an apology
- Say's law is correct, and so is supply side economics! By Kelley L. Ross, Ph.D.
- Taxes, Revenues, and the "Laffer Curve"
- JUDE WANNISKI, Associate Editor, The Wall Street Journal, JUNE 1978. Supply-Side University, Spring Semester 1999: Lesson #3
- A Basic Introduction To Economics (Supply & Demand And The Laffer Curve)
- by Chris Bolton
Reaganomics
- Where Reagan Went Wrong
- by Mike Noble
- Reaganomics - Its Remarkable Results
- Murray Weidenbaum, chairman of the Center for the Study of American Business at Washington University in St. Louis, served as chairman of President Reagan's Council of Economic Advisers, 1981-82. Christian Science Monitor, 18 Dec. 1997
- Reaganomics: What Worked? What Didn't?
- Lawrence Kudlow participated in development of federal economic and budget policy as associate director for economics and planning in the Office of Management and Budget during Ronald Reagan's first term as president.
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Last updated: 6 February 2002