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Financial development and growth in the short and long run

Fisman, Raymond - 2004

"We analyze the relationship between financial development and inter-industry resource allocation in the short- and long-run. We suggest that in the long-run, economies with high rates of financial development will devote relatively more resources to industries with a 'natural' reliance on...

Persistent link: https://www.econbiz.de/10010523015

International Climate Agreements and the Scream of Greta

Maggi, Giovanni; Staiger, Robert W. - National Bureau of Economic Research - 2022

Current policies directed at mitigating global warming appear unlikely to prevent temperatures from rising to levels that would trigger a precipitous increase in the costs of climate change. Various attempts at international cooperation to avoid this outcome have failed. Why is this problem so...

Persistent link: https://www.econbiz.de/10013462728

Catching Up by "Deglobalizing" : Capital Account Policy and Economic Growth

Bergin, Paul R.; Choi, Woo Jin; Pyun, Ju Hyun - National Bureau of Economic Research - 2023

While substantial empirical research has evaluated the question of whether capital account openness promotes economic growth, this paper finds empirical evidence for cases where the opposite is true--that a policy of capital controls can promote economic growth, when combined with a policy of...

Persistent link: https://www.econbiz.de/10014226141

Tracing Sustainability in the Long Run : Genuine Savings Estimates 1850 - 2018

McLaughlin, Eoin; Ducoing, Cristián; Oxley, Les - National Bureau of Economic Research - 2023

World Bank and widely used in contemporary economic research. GS derives from the theoretical work on wealth accounting, and … countries to enhance, complement, and contextualise the work of the World Bank and others …

Persistent link: https://www.econbiz.de/10014250172

How Far Goods Travel : Global Transport and Supply Chains from 1965-2020

Ganapati, Sharat; Wong, Woan Foong - National Bureau of Economic Research - 2023

. Participation of emerging economies in world trade and longer-distance trade between countries contribute to this usage increase …

Persistent link: https://www.econbiz.de/10014250184

Global Universal Basic Skills : Current Deficits and Implications for World Development

Gust, Sarah; Hanushek, Eric Alan; Woessmann, Ludger - National Bureau of Economic Research - 2022

How far is the world away from ensuring that every child obtains the basic skills needed to be internationally … competitive? And what would accomplishing this mean for world development? Based on the micro data of international and regional … skills for 159 countries that cover 98.1% of world population and 99.4% of world GDP. We find that at least two-thirds of the …

Persistent link: https://www.econbiz.de/10013435128

Carbon Emissions Trading and Environmental Protection : International Evidence

Bai, Jennie; Ru, Hong - National Bureau of Economic Research - 2022

We study how the implementation of emissions trading systems (ETS) impacts emissions reductions and the usage of renewable energy using a panel sample of the largest 100 countries worldwide. Exploiting the cross-country variations in ETS implementations, we show that ETS adoption materially...

Persistent link: https://www.econbiz.de/10013435149

Global Supply Chain Pressures, International Trade, and Inflation

Di Giovanni, Julian; Kalemli-Ozcan, Sebnem; Silva, Álvaro - National Bureau of Economic Research - 2022

We study the impact of the Covid-19 pandemic on Euro Area inflation and how it compares to the experiences of other countries, such as the United States, over the two-year period 2020-21. Our model-based calibration exercises deliver four key results: 1) Compositional effects - the switch from...

Persistent link: https://www.econbiz.de/10013334457

The Aggregate Effects of Global and Local Supply Chain Disruptions : 2020–2022

Alessandria, George A.; Khan, Shafaat Yar; … - National Bureau of Economic Research - 2023

We study the aggregate effects of supply-chain disruptions in the post-pandemic period in a heterogeneous-firm, general equilibrium model with input-output linkages and a rich set of supply chain frictions: uncertain shipping delays, fixed order costs, and storage costs. Firms optimally hold...

Persistent link: https://www.econbiz.de/10013537743

The Economics of Women's Rights

Tertilt, Michele; Doepke, Matthias; Montenbruck, Laura; … - National Bureau of Economic Research - 2022

Two centuries ago, in most countries around the world, women were unable to vote, had no say over their own children or …

Persistent link: https://www.econbiz.de/10013462666