Unit 5 Macroeconomic policy: Inflation and unemployment

5.17 References

Consult:

• CORE Econ’s Fact checker for a detailed list of sources.
• Chapters 3, 6 and 7 of: Wendy Carlin and David Soskice. 2024. Macroeconomics: Institutions, Instability, and Inequality. Oxford: Oxford University Press, for further study of the material in this unit. PDF or interactive ebook versions of the full book can be accessed online.

• Acconcia, Antonio, Giancarlo Corsetti, and Saverio Simonelli. 2014. ‘Mafia and Public Spending: Evidence on the Fiscal Multiplier from a Quasi-Experiment’. American Economic Review 104 (7): pp. 2185–2209.
• Almunia, Miguel, Agustín Bénétrix, Barry Eichengreen, Kevin H. O’Rourke, and Gisela Rua. 2010. ‘From Great Depression to Great Credit Crisis: Similarities, Differences and Lessons’. Economic Policy 25 (62): pp. 219–65.
• Amamiya, Masayoshi. 2019. ‘Speech at a Meeting With Business Leaders in Okayama’. Japan’s Economy and Monetary Policy: Bank of Japan. Updated 12 December 2019.
• Aytaç, Selim E. 2018. ‘Relative Economic Performance and the Incumbent Vote: A Reference Point Theory’. The Journal of Politics 80 (1): pp. 16–29.
• Bank of England. 2020. Monetary Policy Report: January 2020. Updated 30 January 2020.
• Bank of England. 2023. Monetary Policy Report: November 2023. Updated 2 November 2023.
• BBC News. 2014. ‘Spurious Correlations: Margarine Linked to Divorce?’ Updated 25 May 2014.
• Bengtsson, Åsa. 2004. ‘Economic Voting: The Effect of Political Context, Volatility and Turnout on Voters’ Assignment of Responsibility’. European Journal of Political Research 43: pp. 749–767.
• Board of Governors of the Federal Reserve System. 2022. ‘Monetary Policy and Price Stability’. Updated 26 August 2022.
• European Central Bank. 2021. ‘Prospects for Inflation: Sneezes and Breezes’. Updated 7 October 2021.
• European Central Bank. 2022. ‘IMFC Statement’. IMF Spring Meetings. Updated 21 April 2022.
• Financial Times. 2012. ‘Serbia Tightens Grip on Central Bank’. Updated 4 August 2012.
• Harford, Tim. 2010. ‘Stimulus Spending Might not Be as Stimulating as We Think’. The Financial Times. Updated January 2010.
• Hellwig, Timothy. 2012. ‘Constructing Accountability: Party Position Taking and Economic Voting’. Comparative Political Studies 45 (1): pp. 91–118.
• Keynes, John M. 1920. The Economic Consequences of the Peace. New York : Harcourt, Brace and Howe.
• ‌Keynes, John M. 2004. The End of Laissez-Faire. Amherst, NY: Prometheus Books.
• Krugman, Paul. 2012. ‘A Tragic Vindication’. Paul Krugman, New York Times Blog. Updated 9 October 2012.
• Krugman, Paul. 2014. ‘The Fall of France’. The New York Times. Updated 28 August 2014.
• Leduc, Sylvain and Daniel Wilson. 2015. ‘Are State Governments Roadblocks to Federal Stimulus? Evidence on the Flypaper Effect of Highway Grants in the 2009 Recovery Act’. Federal Reserve Bank of San Francisco Working Paper 2013–16 (September).
• NBER Reporter. 2015. ‘How Powerful Are Fiscal Multipliers in Recessions?’ Updated 13 July 2015.
• Palmer, H. D. and G. D. Whitten. 1999. ‘The Electoral Impact of Unexpected Inflation and Economic Growth’. British Journal of Political Science 29 (4): pp. 623–639.
• Portes, Jonathan. 2012. ‘What Explains Poor Growth in the UK? The IMF Thinks It’s Fiscal Policy’. National Institute of Economic and Social Research Blog. Updated 9 October 2012.
• Shiller, Robert J. 2010. ‘Stimulus, Without More Debt’. The New York Times. Updated 25 December 2010.
• Smith, Noah. 2013. ‘Why the Multiplier Doesn’t Matter’. Noahpinion. Updated 7 January 2013.
• The Economist. 2013. ‘Controlling Interest’. Updated 21 September 2013.
• U.S. Department of the Treasury. 2024. Covid-19 Economic Relief.
• Vigen, T. 2010. ‘Spurious Correlations’. Tylervigen.com.
• Wilcox, James A. 1990. ‘Nominal Interest Rate Effects on Real Consumer Expenditure’. Business Economics 25 (4): pp. 31–37.
• Wren-Lewis, Simon. 2012. ‘Multiplier Theory: One Is the Magic Number’. Mainly Macro. Updated 24 August 2012.