April 2023 AbstractThis paper argues that the distinction between Keynesianism and Monetarism is not a useful frame for the debate on monetary policy during the past decade. The main driver of this debate is the secular decline in the real interest rates over the past four decades. It is more useful to distinguish [..]
E. L. van ‘t Klooster & C. N. Teulings (2023) Economics of Innovation and New Technology, 1-19. doi: 10.1080/10438599.2023.2194641 ABSTRACT Markups, which are when prices are greater than the marginal cost of production, have increased in the USA over the last decades. Our paper explores the differences [..]
Teulings, C.N., I. Ossokina & H. de Groot, Welfare Benefits of Agglomeration and Worker Heterogeneity, Centraal Planbureau, Den [..]
Teulings C.N., Unemployment and house price crisis: Lessons for fiscal policy from the Dutch recession, IZA Journal of European Labor Studies.2014, [..]
Baldwin R., C.N. Teulings: Secular Stagnation: Facts, causes and cures, e-Book. E-Book Review Stephen Williamson, August 19, 2014 Review New York Times, August 15, [..]