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Thursday, 31 July 2014. Circular Cumulative Causation: Theory and Evidence. I believe that Myrdal’s theory of circular cumulative causation is somewhat overlooked, not only does it have its own merits, but I also think is applicable on a wider scale (both within countries on a micro level and between nations on a macro level). I will preface Myrdal’s theory by explaining briefly the neoclassical approach to economic development which Myrdal criticises. Moreover, labour should theoretically to flow from l...

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Thursday, 31 July 2014. Circular Cumulative Causation: Theory and Evidence. I believe that Myrdal’s theory of circular cumulative causation is somewhat overlooked, not only does it have its own merits, but I also think is applicable on a wider scale (both within countries on a micro level and between nations on a macro level). I will preface Myrdal’s theory by explaining briefly the neoclassical approach to economic development which Myrdal criticises. Moreover, labour should theoretically to flow from l...

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Ben's Economics Blog | benseconomicsblog.blogspot.com Reviews

https://benseconomicsblog.blogspot.com

Thursday, 31 July 2014. Circular Cumulative Causation: Theory and Evidence. I believe that Myrdal’s theory of circular cumulative causation is somewhat overlooked, not only does it have its own merits, but I also think is applicable on a wider scale (both within countries on a micro level and between nations on a macro level). I will preface Myrdal’s theory by explaining briefly the neoclassical approach to economic development which Myrdal criticises. Moreover, labour should theoretically to flow from l...

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benseconomicsblog.blogspot.com

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Ben's Economics Blog: Unemployment Hysteresis in the UK: A Panel Approach to UK Regional Data

http://www.benseconomicsblog.blogspot.com/2014/06/unemployment-hysteresis-in-uk-panel.html

Tuesday, 24 June 2014. Unemployment Hysteresis in the UK: A Panel Approach to UK Regional Data. Here is a link to a PDF which contains my economics undergraduate dissertation. It is more lengthy than any other post I have put on this blog but I decided to post it on the off chance that somebody may be interested in the topic of unemployment hysteresis (which I have written about before on this blog) or may find it useful. Https:/ docs.google.com/file/d/0B1yyGxUZvVAlR3AycUR6UTUwMGM/.

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Ben's Economics Blog: April 2014

http://www.benseconomicsblog.blogspot.com/2014_04_01_archive.html

Wednesday, 30 April 2014. Reasons for the Great Depression. The four well-establish explanations for the Great Depression in the United States are (1) deflation was unexpected (2) nominal debt levels were high (3) nominal wages were inflexible (4) there were many bank failures in addition to the deflation. This unexpected deflation will have an adverse impact on employment due to rising real wages. As nominal wages were inflexible, deflation increases the real wage and employers respond by cutting th...

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Ben's Economics Blog: August 2013

http://www.benseconomicsblog.blogspot.com/2013_08_01_archive.html

Friday, 16 August 2013. How Bad is the UK National Debt? It is likely that at some point in the past few years you have heard of the alleged UK debt crisis. In regards to this you have probably heard somebody in the news say something along the lines of ‘borrowing too much was the cause of the problem, how can borrowing more be the answer? If an individual has a debt of £100 – does that seem large? As seen in the graph, the debt to GDP ratio of the UK has been historically much higher than it currently i...

4

Ben's Economics Blog: Reasons for the Great Depression

http://www.benseconomicsblog.blogspot.com/2014/04/reasons-for-great-depression.html

Wednesday, 30 April 2014. Reasons for the Great Depression. The four well-establish explanations for the Great Depression in the United States are (1) deflation was unexpected (2) nominal debt levels were high (3) nominal wages were inflexible (4) there were many bank failures in addition to the deflation. This unexpected deflation will have an adverse impact on employment due to rising real wages. As nominal wages were inflexible, deflation increases the real wage and employers respond by cutting th...

5

Ben's Economics Blog: June 2014

http://www.benseconomicsblog.blogspot.com/2014_06_01_archive.html

Tuesday, 24 June 2014. Unemployment Hysteresis in the UK: A Panel Approach to UK Regional Data. Here is a link to a PDF which contains my economics undergraduate dissertation. It is more lengthy than any other post I have put on this blog but I decided to post it on the off chance that somebody may be interested in the topic of unemployment hysteresis (which I have written about before on this blog) or may find it useful. Https:/ docs.google.com/file/d/0B1yyGxUZvVAlR3AycUR6UTUwMGM/.

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Ben's Economics Blog

Thursday, 31 July 2014. Circular Cumulative Causation: Theory and Evidence. I believe that Myrdal’s theory of circular cumulative causation is somewhat overlooked, not only does it have its own merits, but I also think is applicable on a wider scale (both within countries on a micro level and between nations on a macro level). I will preface Myrdal’s theory by explaining briefly the neoclassical approach to economic development which Myrdal criticises. Moreover, labour should theoretically to flow from l...

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