Documents Debts, Panics, and Depressions. Debts and Deficits Last time: -Conceptual issues of debts and...

Slide 1 Debts, Panics, and Depressions Slide 2 Debts and Deficits Last time: -Conceptual issues of debts and deficits -Deficits and slower growth of potential Y in the closed…

Documents Credit Spreads and the Severity of Financial Crises Arvind Krishnamurthy, Stanford University and...

Credit Spreads and the Severity of Financial Crises Credit Spreads and the Severity of Financial Crises Arvind Krishnamurthy, Stanford University and NBER Tyler Muir, Yale…

Documents Debts, Panics, and Depressions

Slide 1 Debts, Panics, and Depressions Debts and Deficits Last time: Conceptual issues of debts and deficits Deficits and slower growth of potential Y in the closed economy…

Documents Superstars of macroeconomics

Slide 1 1 Superstars of macroeconomics 1 Irving Fisher, Yale (1867-1947) James Tobin, Yale (1918-2002) Milton Friedman, Chicago (1912-2006) Robert Mundell, Columbia (1932…