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Saturday April 14th 2012

‘Economics’ Archives

A Conference for Economics Instructors

A Conference for Economics Instructors

If you, like me, teach introductory economics, or expect to do so soon, you might be interested in attending this conference. It is a one-day meeting I am running at Harvard on Friday, April 29, with the generous support of my publisher (Southwestern, a part of Cengage Learning).The conference includes the following presentations from [...]

Things I did not say

Things I did not say

I have long been what might be called a moderate supply sider (as well as a new Keynesian on various issues of macro theory).  I believe that tax rates have important influences on behavior and, as a result, tax hikes do not generate as much revenue as static estimates suggest.  However, I have long been skeptical that the United [...]

A Striking Scatterplot

A Striking Scatterplot

This graphic is from John Taylor, who plots it using quarterly seasonally adjusted data from 1990Q1 to 2010Q3.  Investment here is fixed investment.  Of course, causality goes in both directions: Strong investment demand leads to lower unemployment, and a stronger economy, reflected in lower unemployment, encourages investment [...]

What nation has the most progressive tax system?

What nation has the most progressive tax system?

Click here for the answer.Update: Wow.  This brief post--really just a link to another blog--proved more controversial than I expected.  Matthew Yglesias accuses me of irresponsibly misleading America's youth.  Scott Sumner responds to Yglesias, pointing out "if you are going to argue that people who make mistakes [...]

What’s new in the new edition?

What’s new in the new edition?

As I have noted in a previous post, the sixth edition of my principles text has recently been released.  Finding things to update was easy.  When the last edition was sent to the printer, President Obama had not yet clinched the Democratic nomination!  Just think of everything that has happened in the economy and economic [...]

14. European Universities: Reactions to abuses and misuses of bibliometrics and bureaucracy in evaluation of researchers

14. European Universities: Reactions to abuses and misuses of bibliometrics and bureaucracy in evaluation of researchers

Source: Euro-American Association of Economic Development Studies. Report 2010.Some important challenges of European Union are to foster reasearch on development in its space and also improve international cooperation for research and developmentOur main conclusion in this regard is that the European Union should improve channels of communication [...]

15. Employment in Social Services in OECD countries: Europe, United States and Japan. Euro-American Association Report 2010.

15. Employment in Social Services in OECD countries: Europe, United States and Japan. Euro-American Association Report 2010.

 Countries: Mexico, Spain, Italy, France, Germany, UK, USA, Japan, Finland and SwitzerlandThis graph shows the number of employed persons per 1000 inhabitants in services related with Education, Health, Public Administration and Other Social and Personal Services, in 10 OECD countries in year 2005:We may notice that  in a first stage, [...]

Incentivizing Customers to Monitor Workers

Incentivizing Customers to Monitor Workers

A blog reader sends in this photo, taken in a souvenir shop in Kruger National Park in South Africa. This article was originally posted on Greg Mankiw's Blog

On Comparative Advantage, Imperfect Markets, and Boston Weather

On Comparative Advantage, Imperfect Markets, and Boston Weather

Seth Gitter asks, very sensibly, why did I spend time shoveling snow from my own roof a few days ago, rather than relying on the invisible hand to do it for me?  Shoveling is, after all, not my comparative advantage.  His speculation is right: I could not immediately find someone else to do it.  Everyone my wife and I called [...]

Reflections on Graduate Education

Reflections on Graduate Education

I thought my blog readers might enjoy reading my observations about PhD programs in economics, which are included in some discussant comments I gave at the ASSA meeting earlier this month.  Here they are.Comments on “Completion Rates and Time-to-Degree in Economics PhD Programs” by Wendy A Stock, John J. Siegfried, and T. Aldrich [...]

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