JOHNY. CAMPBELL AND N. GREGORY MANKIW According to the conventional view of the business cycle, fluctuations in output represent temporary deviations from trend. The purpose of this paper is to question this conventional view. If fluctuations in output are dominated by temporary deviations from the natural rate of output, then an unexpected change in output today should not substantially ...
By N. Gregory Mankiw The economic policy of President-elect Donald J. Trump is still a work in progress. But if campaign rhetoric is a reliable guide, reorienting trade policy may become one of the main goals of the new administration. Perhaps the best indication of Mr. Trump’s thinking is a report released by the campaign in September.
Fall 2012, 2013 Spring 2013, 2014 Spring 2015 Econ 10a (Principles of Micro), teaching fellow for Professor Gregory Mankiw Econ 10b (Principles of Macro), teaching fellow for Professor Gregory Mankiw Econ 1030 (Psych & Econ), teaching fellow for Professor David Laibson
Things Didn’t Go as Planned By N. GREGORY MANKIW THE MAP AND THE TERRITORY Risk, Human Nature, and the Future of Forecasting By Alan Greenspan Illustrated. 388 pp. The Penguin Press. $36.