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The Early Modern Great Divergence: Wages, Prices and Economic Development in Europe and Asia, 1500-1800
Broadberry, Stephen N; Gupta, Bishnupriya - C.E.P.R. Discussion Papers - 2005
. The ‘Great Divergence’ between Europe and Asia was already well underway before 1800. …Contrary to the claims of Pomeranz, Parthasarathi and other ‘world historians’, the prosperous parts of Asia between … 1500 and 1800 look similar to the stagnating southern, central and eastern parts of Europe rather than the developing …
Persistent link: https://www.econbiz.de/10005666692
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The Economics of Secession – Analysing the economic impact of the collapse of the former Yugoslavia
Rodriguez-Pose, Andres; Stermsek, Marko - C.E.P.R. Discussion Papers - 2014
This paper looks at the economic impact of secession through the lens of the disintegration of the former Yugoslavia. It uses an econometric analysis covering the period between 1956 and 2011 – including a series of factors linked to the independence process, socioeconomic and structural...
Persistent link: https://www.econbiz.de/10011083216
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Demographic Change, Economic Growth and Social Welfare in Europe
Ermisch, John F; Joshi, Heather - C.E.P.R. Discussion Papers - 1987
This paper examines the economic rationale for concern about the falling rate of growth of Europe's population. It also … assembles demographic and economic time-series data for the countries of Eastern and Western Europe during the postwar period …
Persistent link: https://www.econbiz.de/10005662094
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Post-war Growth: An Overview
Crafts, Nicholas; Toniolo, Gianni - C.E.P.R. Discussion Papers - 1995
The paper comprises a thorough survey of the literature on growth in Western Europe since 1950. This experience is put …
Persistent link: https://www.econbiz.de/10005661688
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Can the economic impact of political decentralisation be measured?
Ezcurra, Roberto; Rodriguez-Pose, Andres - C.E.P.R. Discussion Papers - 2011
This paper examines whether, given the increasing salience of subnational governments, political decentralisation has an impact on overall economic performance. It uses panel data analyses in order to determine the association between a number of the different indices of political...
Persistent link: https://www.econbiz.de/10008854514
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Productivity, Wages and Prices Inside and Outside of Manufacturing in the US, Japan and Europe
Gordon, Robert J - C.E.P.R. Discussion Papers - 1986
. Results are presented for the United States, Japan, and an aggregate called "Europe" consisting of eleven European economies …. The primary theme of the paper is that the differences between Europe and the United States have been substantially … exaggerated in recent work. Europe has neither greater nominal wage flexibility nor more rigid real wages than the United States …
Persistent link: https://www.econbiz.de/10005789135
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Prospective Deficits and the Asian Currency Crises
Burnside, Craig; Eichenbaum, Martin; Rebelo, Sérgio - C.E.P.R. Discussion Papers - 1998
This paper argues that the recent Southeast Asian currency crises was caused by large prospective deficits associated with implicit bailout guarantees to failing banking systems. We articulate this view using a simple dynamic general equilibrium model whose key feature is that a speculative...
Persistent link: https://www.econbiz.de/10005124184
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Chinese Currency Controversies
Eichengreen, Barry - C.E.P.R. Discussion Papers - 2004
This Paper reviews the controversy over China’s exchange rate regime. Placing the issue in the context of the literature on exit strategies, it argues that now is the best time for China to exit from its peg. Moving to a managed float would be in the country’s own interest; it would help the...
Persistent link: https://www.econbiz.de/10005067647
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Inflation Targeting and Inflation Persistence in Asia
Gerlach, Stefan; Tillmann, Peter - C.E.P.R. Discussion Papers - 2010
Following the Asian financial crisis in 1997-98, a number of Asian central banks adopted inflation targeting. We explore how successful this framework has been by looking at the persistence of inflation, as measured by the sum of the coefficients in an autoregressive model for inflation, using a...
Persistent link: https://www.econbiz.de/10008684680
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Geography and the Determinants of Firm Exports in Indonesia
Farole, Thomas; Rodriguez-Pose, Andres; Tselios, Vassilis; … - C.E.P.R. Discussion Papers - 2013
This paper uses data from the Indonesian manufacturing census in order to uncover the determinants of firm exports over the period 1990-2005. We examine to what extent differences in firm export propensity and intensity are a consequence of firm-level (microeconomic), of place-based...
Persistent link: https://www.econbiz.de/10011084523