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Ten years of research — What have we learnt since the financial crisis?

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  • Simon, John

Abstract

This paper reviews what we have learnt since the global financial crisis. However, instead of focusing on the GFC itself, and what we did and did not do, it focuses on today. It looks at how we do and understand things differently now compared to before the crisis. It does this because I think the best way to judge what has truly been learnt is to look at the way you have changed as a result. If your behaviour does not change, can it really be said that you have learnt anything? As such the paper discuss how we conduct research differently today compared with before the crisis and what that implies for how we think about the economy.

Suggested Citation

  • Simon, John, 2019. "Ten years of research — What have we learnt since the financial crisis?," Economic Analysis and Policy, Elsevier, vol. 64(C), pages 152-158.
    • Handle: RePEc:eee:ecanpo:v:64:y:2019:i:c:p:152-158
    DOI: 10.1016/j.eap.2019.07.011
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    References listed on IDEAS

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    1. Daron Acemoglu & Simon Johnson & James A. Robinson, 2001. "The Colonial Origins of Comparative Development: An Empirical Investigation," American Economic Review, American Economic Association, vol. 91(5), pages 1369-1401, December.
    2. Greg Kaplan & Benjamin Moll & Giovanni L. Violante, 2018. "Monetary Policy According to HANK," American Economic Review, American Economic Association, vol. 108(3), pages 697-743, March.
    3. David Rodgers & Jonathan Hambur, 2018. "The GFC Investment Tax Break," RBA Research Discussion Papers rdp2018-07, Reserve Bank of Australia.
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