Outsourcing y creacion de empleo

Articulo en WSJ

Metodología y modelos macroeconométricos

Interesante discusión con los comentaristas del post

Kocherlakota sobre los modelos macroeconómicos

Estructura de la FED y la FED de NY

Interesante

Deflacion y la curva de Phillips

Cuando opera la curva de Philips?

Brad DeLong comenta

Más del gran debate macro. Round iniciado por mi!!!

Steve Horwitz vs Brad DeLong
Russ Roberts le responde a DeLong
David Henderson también responde
Scott Sumner también le responde a DeLong
DeLong responde a un comentarista
Mario Rizzo responde a DeLong aca y aca
Steve Horwitz responde y hace precisiones a su argumento

John Taylor muestra evidencia de que el estímulo no ha funcionado

Tyler Cowen hace una pregunta muy específica sobre el impacto del estímulo
Edward Glaeser hace un análisis de heterogeneidad de la mano de obra

John Taylor resume su posicion

Más de DeLong

Una vez más....DeLong. Y Krugman tambien ataca. DeLong se "defiende." Y otro poco
DeLong otra vez
Paper del FMI 'Effects of fiscal stimulus in structural models.' Comentarios al paper

Michael Woodford analiza el 'multiplicador del gasto' en varios modelos

Krugman explica un poco de teoría. Hicks, sobretodo

Columna de VoxEU


Tyler Cowen muestra porque la efectividad del estímulo fiscal es decreciente en el tiempo

Cálculo de multiplicadores fiscales con desempleo

Brad DeLong vs Roger Garrison

Post de Andrés Fernandez. Con comentarios míos!

Debate viejo:
1
2
Krugman critica la teoría austriaca
Gordon Tullock también

Deficit e impacto del estímulo fiscal

Discusion

Adam Smith

"To restrain private people, it may be said, from receiving in payment the promissory notes of a banker, for any sum whether great or small, when they themselves are willing to receive them, or to restrain a banker from issuing such notes, when all his neighbours are willing to accept of them, is a manifest violation of that natural liberty which it is the proper business of law not to infringe, but to support. Such regulations may, no doubt, be considered as in some respects a violation of natural liberty. But those exertions of the natural liberty of a few individuals, which might endanger the security of the whole society, are, and ought to be, restrained by the laws of all governments, of the most free as well as of the most despotical. The obligation of building party walls, in order to prevent the communication of fire, is a violation of natural liberty exactly of the same kind with the regulations of the banking trade which are here proposed"

"The statesman who should attempt to direct private people in what manner they ought to employ their capitals, would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it."

"The man of system, on the contrary, is apt to be very wise in his own conceit; and is often so enamoured with the supposed beauty of his own ideal plan of government, that he cannot suffer the smallest deviation from any part of it. He goes on to establish it completely and in all its parts, without any regard either to the great interests, or to the strong prejudices which may oppose it. He seems to imagine that he can arrange the different members of a great society with as much ease as the hand arranges the different pieces upon a chess-board. He does not consider that the pieces upon the chess-board have no other principle of motion besides that which the hand impresses upon them; but that, in the great chess-board of human society, every single piece has a principle of motion of its own, altogether different from that which the legislature might choose to impress upon it. If those two principles coincide and act in the same direction, the game of human society will go on easily and harmoniously, and is very likely to be happy and successful. If they are opposite or different, the game will go on miserably, and the society must be at all times in the highest degree of disorder."

http://www.maxineudall.com/2010/11/faith-based-economics.html