Showing 1 - 10 of 13
This paper brings together two strands of the economic literature -- that on the finance-growth nexus and that on capital market integration -- and explores key issues surrounding each strand through both institutional/country histories and formal quantitative analysis. We begin with studies of...
Persistent link: https://www.econbiz.de/10012470401
Trade theorists have come to understand that their theory is ambiguous on the question: Are trade and factor flows substitutes? While this sounds like an open invitation for empirical research, hardly any serious econometric work has appeared in the literature. This paper uses history to fill...
Persistent link: https://www.econbiz.de/10012472755
Limitations on bank consolidation and branching in the United States at an early date effectively limited the scope of commercial banks and their involvement in financing large-scale industry, and increased information and transaction costs of issuing securities. In contrast, German industry was...
Persistent link: https://www.econbiz.de/10012474543
The analysis of historical natural experiments has profoundly impacted economics research across fields. We trace the …
Persistent link: https://www.econbiz.de/10012479278
Creation of empirical knowledge in economics has taken a dramatic turn in the past few decades. One feature of the new …
Persistent link: https://www.econbiz.de/10012479325
This chapter provides a selective review of some contemporary approaches to program evaluation. One motivation for our review is the recent emergence and increasing use of a particular kind of "program" in applied microeconomic research, the so-called Regression Discontinuity (RD) Design of...
Persistent link: https://www.econbiz.de/10012462637
Cognitive Economics is the economics of what is in people's minds. It is a vibrant area of research (much of it within … Behavioral Economics, Labor Economics and the Economics of Education) that brings into play novel types of data--especially novel … Welfare Economics. A key theme of Cognitive Economics is finite cognition (often misleadingly called "bounded rationality …
Persistent link: https://www.econbiz.de/10012457832
study provides an overview of experimental methods in economics, with a special focus on developing an economic theory of …
Persistent link: https://www.econbiz.de/10012458996
Presenting data on all full-length articles published in the three top general economics journals for one year in each …
Persistent link: https://www.econbiz.de/10012460025
study provides an overview of experimental methods in economics, with a special focus on developing an economic theory of …
Persistent link: https://www.econbiz.de/10012460702