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Guest Blogger: Kevin Grier
We are delighted to have Kevin Grier guest blogging with us this week. Kevin is a pioneer in the political economy of macroeconomics. Kevin's early work on political business cycles established that politicians do attempt to manipulate the economy via the money supply. Later, in a series of papers with Tony Caporale, Kevin showed that changes in the real interest rate can be explained via political regime shifts. My favorite paper of Kevin's is Congressional Influence on Monetary Policy: An Empirical Test (JME 91, subs. req.) which is a great example of how to combine different types of evidence to convincing effect. But Kevin's greatest contribution to economics? Well, I am to modest to say and no doubt Kevin is too embarrassed.
Kevin is also an expert on low-watt tube amplifiers, check it out here. Welcome Kevin!
Posted by Alex Tabarrok on May 20, 2007 at 09:07 PM in Data Source | Permalink
Comments
Nice to see Tony Caporale get some recognition on MR. This definitely helps justify why he is my favorite Economics Prof here at Ohio U. Now if only he would teach more classes...
Posted by: Ryan at May 20, 2007 9:44:34 PM
In the six U.S. presidential elections from 1984-2004, the real GDP increased an average of 4.41% in election years. In non-election years, it increased 2.74%. That may not be evidence of a political business cycle, but it looks interesting
Posted by: Cyril Morong at May 20, 2007 11:02:00 PM
Eventually we'll pass all responsibility for economic policy over to a clique of economists. If politicians can't be trusted with interest rates, then why not everything else?
Posted by: adrian at May 21, 2007 12:51:43 AM
Sounds like a recipe for dystopia, adrian.
Posted by: Robert at May 21, 2007 5:48:33 AM
Is this the proper time to question his thesis about election cycles or should that wait until he actually post?
Posted by: spencer at May 21, 2007 9:55:47 AM
I don't know much about his views, but anyone that believes in hollow state amplification is alright by me:-) Maybe what MR needs is a combination of Tyler's music views and Kevin's know how of how to deliver the music to our ears...
Isaac
Posted by: Isaac Crawford at May 22, 2007 5:00:04 AM
大家好，我是臺灣人，從臺灣一個人搬家來到美國，環境很陌生，感覺很孤單。以前在臺灣幾家知名的徵信社工作過，我是一個優秀的徵信工作者，希望早點找到適合自己的工作。希望通過貴站，認識更多的朋友。
Posted by: 謝文豪 at Apr 2, 2008 8:04:59 PM
