Wednesday, April 15, 2015

Blogging primarily at Autos and Economics

I may on occasion repost here, but have decided not to spread posts across blogs. Please follow me at:

During the Washington and Lee University academic term my students and I blog on the following:

Fall 2015
Senior Macroeconomics Seminar    (Econ 398) – mainly US-related
China's Modern Economy    (Econ 274)

Winter 2016: tentative!
Econ 274 and Econ 398 as above

Spring 2016
Auto Industry (Econ 244)
Mike Smitka, Professor of Economics, Washington and Lee University

Saturday, January 3, 2015

Autos and Economics: Waiting for the stars to align: Japan's Consumptio...

Autos and Economics: Waiting for the stars to align: Japan's Consumptio...: Japan, as does much of the world, has long-run fiscal challenges. Its population aged faster than anticipated. No mechanism was put in place...

Since writing this Abe called a snap election, which the opposition lost; proposed tax cuts that will undermine part of the benefits of the 1st tax increase but which will do nothing to stimulate the economy (since corporates are awash with cash while interest rates are low in real terms, taxes aren't what's holding them back); postponed the 2nd tax increase; and ... the economy appears to again be re-entering the world of (mild) deflation. At some point I'll revisit these issues.

mike smitka