Economics

Advances in Macroeconomics and monetary economics

Loughborough University
Paul Turner is Professor of Applied Economics at Loughborough University. Here he discusses a brief introduction and where future research […]
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Teaching the Multiplier: the Value of a Quantitative Approach

Loughborough University
Paul Turner discusses software based on estimated parameters for the UK economy. The program allows students to both simulate the […]
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In-house or outsourced public services?

UCL Institute of Education
Nicola Pensiero analyses the relationship between government spending and the distribution of private income between capital and labour. Nicola Pensiero is a quantitative […]
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The WTO Matters Strongly (Over Time) But Unevenly (Across Space)

INSEAD
In an atmosphere of rising hostility towards trade many have reassured themselves that multilateral trade liberalisation via WTO is still […]
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Democracy and Policy Stability

INSEAD
Pushan Dutt discusses the strong negative link between democracy and output volatility documented by Rodrik (2000) and others stands in […]
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Consumption Response to Aggregate Shocks and the Role of Leverage

Bank of England
May Rostom investigates the relationship between mortgage leverage and consumption around the 2008 financial crisis.  She identifies that the reduction in […]
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Advertising’s Elusive Economic Rationale: Public Policy and Taxation

SOAS University of London
Advertising and its effects have been debated for well over a century. In the last few decades a generally sceptical […]
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From Marx to the Keynesian revolution: the key role of finance

SOAS University of London
The Companies Acts of the 1860s initiated a major structural transformation in capitalism. This was noted, but not developed into […]
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Multilateralism and military Keynesianism: Completing the analysis

SOAS University of London
Kalecki’s analysis of military Keynesianism highlights the difficulties of managing aggregate demand in one country, without coordination with trading partners. […]
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A Kalecki Fable on Debt and the Monetary Transmission Mechanism

SOAS University of London
Kalecki explained debt resolution by means of a fable about monetary circulation between mutually indebted individuals. Jan Toporowski explains the […]
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