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Prizes for basic research: Human capital, economic might and the shadow of history

Aizenman, Joshua; Noy, Ilan - 2006

This paper studies the impact of global factors on patterns of basic research across countries and time. We rely on the records of major scientific awards, and on data dealing with global economic and historical trends. Specifically, we investigate the degree to which scale or threshold effects...

Persistent link: https://www.econbiz.de/10010322721

Macroeconomic adjustment and the history of crises in open economies

Aizenman, Joshua; Noy, Ilan - 2012

This paper investigates the impact of the history of crises on macroeconomic performance. We first study the impact of past banking crises on the probability of a future banking crisis. Applying data for 1980 - 2010 for all countries for which the required information is available, controlling...

Persistent link: https://www.econbiz.de/10010369504

The macroeconomic consequences of disasters

Noy, Ilan - 2007

Natural disasters have a statistically observable adverse impact on the macro-economy in the short-run. Not surprisingly, costlier events cause more pronounced slowdowns in production. Yet, interestingly, developing countries, and smaller economies, face much larger output declines following a...

Persistent link: https://www.econbiz.de/10010285298

Prizes for basic research - Human capital, economic might and the shadow of history

Aizenman, Joshua; Noy, Ilan - 2006

Persistent link: https://www.econbiz.de/10010285308

Fiscal storms: Public spending and revenues in the aftermath of natural disasters

Noy, Ilan; Nualsri, Aekkanush - 2008

Recent research in both the social and natural sciences has been devoted to increasing our ability to predict disasters, prepare for them and mitigate their costs. Curiously, we appear to know very little about the fiscal consequences of disasters. The likely fiscal impact of a natural disaster...

Persistent link: https://www.econbiz.de/10010285309

Finance-dominated capitalism in Germany: Deep recession and quick recovery

Detzer, Daniel; Hein, Eckhard - 2014

Germany's recent export successes and the fast recovery from the 2007 -2009 crisis made it Europe's "economic superstar … the development of Germany during the financial and economic crisis and the causes for the quick recovery in light of the …

Persistent link: https://www.econbiz.de/10010397740

Finance-dominated capitalism and income distribution: A Kaleckian perspective on the case of Germany

Hein, Eckhard; Detzer, Daniel - 2014

and economic crises for Germany, one of the major mercantilist export-led economies. The analysis builds on a Kaleckian …, we show that Germany saw considerable re-distribution of income starting in early 1980s, which accelerated in the early … existence of each of these channels in Germany since the mid-1990s, when several institutional changes provided the conditions …

Persistent link: https://www.econbiz.de/10010420350

Financialisation and the financial and economic crises: The case of Germany

Detzer, Daniel; Hein, Eckhard - 2014

This study on Germany examines the long-run changes between the financial and the non-financial sectors of the economy … financial and economic crisis and examines the causes of the quick recovery in Germany. …

Persistent link: https://www.econbiz.de/10010427810

Fiscal policy and rebalancing in the Euro area: A critique of the German debt brake from a Post-Keynesian perspective

Hein, Eckhard; Truger, Achim - 2013

and/or investment and savings behavior in Germany. …

Persistent link: https://www.econbiz.de/10010513067

Future fiscal and debt policies: Germany in the Context of the European Monetary Union

Hein, Eckhard; Truger, Achim - 2013

Currently fiscal policies in Germany seem to be in a very comfortable position and the German Debt Brake is regarded as …

Persistent link: https://www.econbiz.de/10010314658