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The author Greg Mankiw
Greg Mankiw
I am the Robert M. Beren Professor of Economics at Harvard University, where I teach introductory economics (ec 10). I use this blog to keep in touch with my current and former students. Teachers and students at other schools, as well as others interested in economic issues, are welcome to use this resource.

Greg Mankiw

This is one of the most popular economics blogs amongst students. The author Greg Mankiw, a Professor of Economics at Harvard University, has created some unique content like a principles of economics rap and animated video. His advice for student is extremely relevant for anyone studying economics.

Market Power in Neoclassical Growth Models

Click here to read my most recent paper, coauthored with Larry Ball. Here is the abstract:This paper examines the optimal accumulation of capital and the effects of government debt in neoclassical growth models in which firms have market power and therefore charge prices above marginal cost. In this environment, the real interest rate earned by savers is less than the net marginal product of capital. We establish a new method for evaluating dynamic efficiency that can be applied in...

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CBO on the Minimum Wage

NPR reports:Raising the federal minimum wage to $15 an hour by 2025 would increase wages for at least 17 million people, but also put 1.4 million Americans out of work, according to a study by the Congressional Budget Office released on Monday.A phase-in of a $15 minimum wage would also lift some 900,000 out of poverty, according to the nonpartisan CBO. This higher federal minimum could raise wages for an additional 10 million workers who would otherwise make sightly above that wage...

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GameStop

Sebastian Mallaby was a good column on the GameStop phenomenon.A family member also suggested a good hypothesis: The bubble is being being driven by internet trolls. The right model of a troll is a person willing to waste his time and money to get other people to waste their time and money. 

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Apoiante RBI: Greg Mankiw (Professor de Economia em Harvard)

"Sempre fui atraído pela ideia do Imposto de Rendimento Negativo / e o Rendimento Básico Incondicional por causa da sua simplicidade. Isto realmente remove o governo da vida das pessoas. Posso vê-lo a funcionar. Pelo menos acho que vale a pena pensar sobre isso." Apoie a iniciativa europeia aqui: http://rendimentobasico.pt/colaborar/... Siga-nos no Facebook: https://www.facebook.com/RendimentoBa... Consulte o nosso site: http://rendimentobasico.pt e o site...

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