Abstract: In response to the COVID-19 lockdown policies, Guerrieri et al. (2020) developed a new concept: the Keynesian supply shock. A Keynesian supply shock is an aggregate supply shock that leads...
Lucas M. Engelhardt
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Lucas M. Engelhardt, a Fellow of the Mises Institute, received his PhD in economics from The Ohio State University, and is currently an associate professor at Kent State University's Stark campus. He received the 2018 Gary G. Schlarbaum Prize for Excellence in Research and Teaching. His work mainly centers on attaining a deeper understanding of the connection between business cycle theory and other subdisciplines in economics. For more information visit lucasmengelhardt.com
Latest work
Labor shortage “fun” fact:Inflation-adjusted weekly median earnings JUMPED in the 2nd quarter of 2020 (probably because so many low-wage workers got laid off), but have been steadily falling since...
Abstract: In response to the COVID-19 lockdown policies, Guerrieri et al. (2020) developed a new concept: the Keynesian supply shock. A Keynesian supply shock is an aggregate supply shock that leads...