Showing 1 - 10 of 732
This paper answers fundamental questions that have preoccupied modern economic thought since the 18th century. What is the aggregate real rate of return in the economy? Is it higher than the growth rate of the economy and, if so, by how much? Is there a tendency for returns to fall in the...
Persistent link: https://www.econbiz.de/10011794864
Persistent link: https://www.econbiz.de/10003350190
Was the collapse of world trade between 1928 and 1937 caused by higher transport costs, increased protectionism or the collapse of the gold standard? Using recent advances in the estimation of gravity equations, I examine the partial and general equilibrium effects of bilateral distance,...
Persistent link: https://www.econbiz.de/10012023385
This paper identifies a "border" effect in the absence of a border. The finding that trade between East- and West-Japan … contemporaneous structure of Japan’s business and social networks, rather than cultural differences, induced by long …
Persistent link: https://www.econbiz.de/10011853219
fundamental reserve demands of Fed member banks, we find that despite being doubled, reserve requirements were not binding on bank … fundamental reserve demands of Fed member banks, we find that despite being doubled, reserve requirements were not binding on bank …
Persistent link: https://www.econbiz.de/10008841012
Persistent link: https://www.econbiz.de/10001723340
Persistent link: https://www.econbiz.de/10014514398
Persistent link: https://www.econbiz.de/10003531256
Persistent link: https://www.econbiz.de/10003846768
Persistent link: https://www.econbiz.de/10003846891