2009-01-01から1ヶ月間の記事一覧

金融危機 ―歴史的展望―

●Michael Bordo, “An Historical Perspective on the Crisis of 2007-2008(pdf)”(Remarks prepared for the Central Bank of Chile Twelfth Annual Conference on “Financial Stability, Monetary Policy and Central Banking”, Santiago, Chile, Novembe…

This is good central banking !

●Robert E. Lucas, Jr., “The Current Financial Crisis(pdf)”(Conference at Universidad Torcuato di Tella, December 9, 2008) • A part of the effective supply of liquidity supply is gone, other money substitutes now become suspect, everyon…

Motivation Crowding Theory

●Bruno S. Frey and Felix Oberholzer-Gee(1997), “The Cost of Price Incentives: An Empirical Analysis of Motivation Crowding-Out”(American Economic Review, Vol.87(4), pp.746-755)●Bruno S. Frey(2000), “Motivation and Human behaviour(pd…

インタゲのすすめ

●Frederic Mishkin, “In praise of an explicit number for inflation”(FT.com, January 11, 2009) Adopting an explicit, numerical inflation objective is exactly what is needed right now to help the US economy to recover. The usual argument fo…

インセンティブについて考える

●Steven Kerr(1975), “On the Folly of Rewarding A, While Hoping for B”(Academy of Management Journal, vol.18(4) pp.769-783) Managers who complain about lack of motivation in their workers might do well to consider the possibility that t…

竹森俊平著『資本主義は嫌いですか』;書評じゃないよ

●John B. Taylor, “The Financial Crisis and the Policy Responses: An Empirical Analysis of What Went Wrong(pdf)”(written version of keynote at Bank of Canada, November 2008) ●Carmen M. Reinhart and Kenneth S. Rogoff, “The Aftermath of F…

あけおめ、ことよろ。

明けましておめでとうございます。本年もよろしくお願いいたします。 昨年末からしばらくの間実家に戻っていた関係でネットのほうは一切チェックしておりませんで(というかパソコンにすら一切触れてなかった)、これからあちこち巡回して約1週間分のギャッ…

リンクあれこれ

●“Kenneth Rogoff Interview(pdf)”(The Region, Federal Reserve of Minneapolis, December 2008)●Robert Solow, “Worsening Economic Crisis Stops Short of Depression”(PBS Online NewsHour, conversation with Paul Solman, November 20, 2008)●Ra…