L
Lawrence H. Summers
Researcher at Harvard University
Publications - 291
Citations - 61147
Lawrence H. Summers is an academic researcher from Harvard University. The author has contributed to research in topics: Investment (macroeconomics) & Unemployment. The author has an hindex of 102, co-authored 285 publications receiving 58555 citations. Previous affiliations of Lawrence H. Summers include The Treasury & National Science Foundation.
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Speculative dynamics and the role of feedback traders
TL;DR: In this article, a framework for understanding speculative dynamics of many asset markets is proposed, which incorporates "feedback traders", traders whose demand is based on the history of past returns rather than the expectation of future fundamentals.
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China: Imposing economic threat or unprecedented growth opportunity?
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Is Increased Price Flexibility Stabilizing
TL;DR: This article used Taylor's model of overlapping contracts to show that increased wage and price flexibility can easily be destabilizing, and showed that increases in price flexibility might increase the cyclical variability of output in the United States.