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expanding world economy was dollar balances. The role of the United States was to act as banker to the world, borrowing short …
Persistent link: https://www.econbiz.de/10012471141
While many political scientists and diplomatic historians see the Bush presidency as a distinctive epoch in American foreign policy, we argue that there was no Bush Doctrine in foreign economic policy. The Bush administration sought to advance a free trade agenda but could not avoid the use of...
Persistent link: https://www.econbiz.de/10012464815
The Maastricht Treaty on Europe Union features an Excessive Deficit Procedure limiting the freedom to borrow of governments participating in the European monetary union. One justification is to prevent states from over- borrowing and demanding a bailout which could divert the European Central...
Persistent link: https://www.econbiz.de/10012473342
The possibility that the euro area might break up was being raised even before the single currency existed. These scenarios were then lent new life five or six years on, when appreciation of the euro and problems of slow growth in various member states led politicians to blame the European...
Persistent link: https://www.econbiz.de/10012465257
cannot be extrapolated into the more distant past.The ratio of female to male earnings in the economy as a whole rosefrom …
Persistent link: https://www.econbiz.de/10012477187
The history of coeducation in U.S. higher education is explored through an analysis of a database containing information on all institutions offering four-year undergraduate degrees that operated in 1897, 1924, 1934, or 1980, most of which still exist today. These data reveal surprises about the...
Persistent link: https://www.econbiz.de/10012462376
and fiscal stimuli, the world economy still is experiencing many difficulties. As in the Great Depression, this second …
Persistent link: https://www.econbiz.de/10012462453
The labor force participation rate of married women first declines and then rises as countries develop. Its þ-shape is revealed both across the process of economic development and through the histories of currently advanced countries. The initial decline in the participation rate is due to the...
Persistent link: https://www.econbiz.de/10012474221
We explore the savings behavior and saving rates of ordinary Americans through their accounts at the Philadelphia Saving Fund Society. the oldest mutual savings bank in the United States founded in 1816 to encourage thrift among the working poor. Our sample contains the 2.374 accounts opened in...
Persistent link: https://www.econbiz.de/10012474847
Two opposing views of the antebellum economy are tested. One is that aggregate economic activity was severely … to support the first view of the antebellum economy, although the degree of unemployment in cities and industrial towns …
Persistent link: https://www.econbiz.de/10012475839