The coronavirus has been in the news, with its relatively rapid spread a cause for concern. This has important welfare and wellbeing effects associated with the pain people might experience due to the coronavirus. However, today I am going to discuss how we can think about the consequences of a disease outbreak for the general […]
Author Archive for: Gulnara Nolan
About Gulnara Nolan
I have a Phd in Economics from Ca' Foscari University of Venice and blogging is my passion.
Views expressed are my own and not related to the organizations I work for.
Entries by Gulnara Nolan
Former Governor of the Bank of England, Mervyn King is suggesting that “Economics Needs a Post-Crash Revolution” in a seeming admission that current frameworks don’t work in a world of radical uncertainty and necessary reallocation. Is the former BOE governor and academic icon correct, or is this an unfair critique of the mainstream? As a […]
Matt and myself have just returned from our wedding, honeymoon, and birthday party overseas, and I’m eager to post a lot more content this year! However, before doing so I thought it would be fun to share a couple of pictures of our recent journey.
While the concept of quantitative easing has received a lot of attention amongst economists, qualitative easing was not as widely discussed. Qualitative easing is a monetary easing program that was used by Japan in 2013 and represents some elements of the QE programmes in the US. The outline of how it works is well described […]
When we model production functions in macroeconomics, the broad ingredients we have for output growth are labour and capital – our factors of production. Both of these factors need to be remunerated, which raises the question of what share of income goes to each. This is the question of factor income shares.
As Motu has noted, the gig economy is an emerging part of the labour market with the features of independent contracting. In the gig economy world, there is little to no cost of switching the job to another is involved. Examples of the gig economy activities include: Uber drivers, YouTube bloggers/ social influencers, independent consultants […]