John Taylor and David Romer champion an approach to teaching undergraduate macroeconomics that dispenses with the LM half of the IS-LM model and replaces it with a rule for setting the interest rate as a function of inflation and the output gap - i.e., a Taylor rule. But the IS curve is...

Since the mid-1980s, the Australian Vocational Education and Training (VET) system has experienced significant reforms in terms of policies and regulatory frameworks, resulting in a system characterised by demand-side requirements that seek to cater to the needs of industry and employers. This...

This paper outlines the details of an innovative postgraduate program, Master of Business (ERP), incorporating SAP R/3 System and related products that was introduced at the University of Western Sydney, NSW, Australia, in 1999. The program aims to develop integrative enterprise skills in a...

a speech at the Massachusetts Institute of Technology 2006 commencement, Cambridge, Massachusetts

Spring 2006 Commencement Address, Department of Economics, University of Texas at Austin, May 20, 2006 ; "Today, China and India, nanotechnology, the Internet and the human genome project, the BlackBerry and the iPod are the railroads of the 21st century that are changing the landscape of...

Spring 2006 Commencement Address, Department of Economics, University of Texas at Austin, May 20, 2006 ; "Today, China and India, nanotechnology, the Internet and the human genome project, the BlackBerry and the iPod are the railroads of the 21st century that are changing the landscape of...

a speech at the Massachusetts Institute of Technology 2006 commencement, Cambridge, Massachusetts