2,167 research outputs found

    Interview with Professor Wendy Carlin

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    Oral history interview with Professor Wendy Carlin, Rhodes Scholar and former student at Murdoch University. This sound recording is part of the History of Murdoch University Collection

    The 3-equation new keynesian model - a graphical exposition

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    We develop a graphical 3-equation New Keynesian model for macroeconomic analysis to replace the traditional IS-LM-AS model. The new graphical IS-PC-MR model is a simple version of the one commonly used by central banks and captures the forward-looking thinking engaged in by the policy maker. Within a common framework, we compare our model to other monetary-rule based models that are used for teaching and policy analysis. We show that the differences between the models centre on whether the central bank optimizes and on the lag structure in the IS and Phillips curve equations. We highlight the analytical and pedagogical advantages of our preferred model. The model can be used to analyze the consequences of a wide range of macroeconomic shocks, to identify the structural determinants of the coefficients of a Taylor type interest rate rule, and to explain the origin and size of the inflation bias

    No credit for transition: efficiency wages, the Maastricht Treaty and German unemployment

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    Germany is generally regarded as the nominal anchor for Europe. Its participation is the sine qua non of EMU. It has been the largest net contributor to EU finances, the leading proponent of greater economic and political union, and the leading example of the virtues of fiscal and monetary rectitude as enshrined in the Maastricht treaty. However, reunified Germany combines the prosperous western state with the transitional eastern economy, and the burdens of combining the two roles, that of being an example of fiscal and monetary prudence for the EU on the one hand, and that of financing the transition of the former East Germany on the other, are leading to high unemployment, are slowing the transition process, and may become insupportable. We argue here that Germany should be viewed as part of the problem rather than its treatment

    The Bowles-Carlin experienced difference Gini coefficient

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    Abstract: In this short note, I present the idea of experienced difference and the corresponding Gini coefficient, proposed by Tom Bowles and Wendy Carlin

    I Remember column in which author Wendy Anderson describes a Christmas Eve in

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    I Remember column in which author Wendy Anderson describes a Christmas Eve in the 1960s when her family waited anxiously for her father, Arvid, to return home to Monson during a snowstorm. Her father arrived safely on Christmas afternoon, after digging his car out from nearly three feet of snow

    Author\u27s Rights for Dissertations and Journal Articles

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    Librarian Wendy Highby discusses your rights as an author

    Wendy Brenner

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    Wendy Brenner visited The College at Brockport in October 1996. She is an author and professor of Creative Writing.Archived web contentSUNY BrockportWriters Forum Author Photo
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