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WORKING PAPERS
The distinction between Keynesians and Monetarists makes no sense...
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 [..]
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PUBLICATIONS
Monopolistic price-setting behavior of information technology firms
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 [..]
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PUBLICATIONS
Welfare Benefits of Agglomeration and Worker Heterogeneity
Teulings, C.N., I. Ossokina & H. de Groot, Welfare Benefits of Agglomeration and Worker Heterogeneity, Centraal Planbureau, Den [..]
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PUBLICATIONS
Unemployment and house price crises: Lessons for fiscal policy...
Teulings C.N., Unemployment and house price crisis: Lessons for fiscal policy from the Dutch recession, IZA Journal of European Labor Studies.2014, [..]
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BOOKS
Secular Stagnation: Facts, Causes and cures
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, [..]