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Americans do I.T. better: US multinationals and the productivity miracle
Bloom, Nick; Sadun, Raffaella; Van Reenen, John - London School of Economics (LSE) - 2007
The US has experienced a sustained increase in productivity growth since the mid-1990s, particularly in sectors that … intensively use information technologies (IT). This has not occurred in Europe. If the US “productivity miracle” is due to a … abroad. This paper shows in fact that US multinationals operating in the UK do have higher productivity than non …
Persistent link: https://www.econbiz.de/10011071454
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Overcoming the zero bound on nominal interest rates with negative interest on currency : Gesell's solution
Buiter, Willem H. - London School of Economics (LSE) - 2003
An economy is in a liquidity trap when monetary policy cannot influence either real or nominal variables of interest. A necessary condition for this is that the short nominal interest rate is constrained by its lower bound, typically zero. The paper considers two small analytical models, one...
Persistent link: https://www.econbiz.de/10010745321
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Obama nation?: US foreign policy one year on: driving decline?: economic crisis and the rise of China
Kitchen, Nicholas; Cox, Michael - London School of Economics (LSE) - 2010
Persistent link: https://www.econbiz.de/10010746038
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Obama nation?: US foreign policy one year on: Obama fails to reverse gravity: America continues to decline
Clemons, Steven - London School of Economics (LSE) - 2010
Persistent link: https://www.econbiz.de/10010746055
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Crisis?: What crisis?: currency vs. banking in the financial crisis of 1931
Ritschl, Albrecht; Salferaz, Samad - London School of Economics (LSE) - 2010
This paper examines the role of currency and banking in the German financial crisis of 1931 for both Germany and the U.S. We specify a structural dynamic factor model to identify financial and monetary factors separately for each of the two economies. We find that monetary transmission through...
Persistent link: https://www.econbiz.de/10010746193
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Child labor and the labor supply of other household members: evidence from 1920 America
Manacorda, Marco - London School of Economics (LSE) - 2003
This paper analyses the effect of child labor on household labor supply using 1920 US Census micro data. The aim of the analysis is to understand who in the household benefits from child labor. In order to identify a source of exogenous variation in child labor I use State-specific child labor...
Persistent link: https://www.econbiz.de/10011071157
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Mapping the two faces of R&D : productivity growth in a panel of OECD industries
Griffith, Rachel; Redding, Stephen; Van Reenen, John - London School of Economics (LSE) - 2000
Persistent link: https://www.econbiz.de/10010884706
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Financial institutions and the wealth of nations: tales of development
Tong, Jian; Chenggang, Xu - London School of Economics (LSE) - 2004
Interactions between economic development and financial development are studied by looking at the roles of financial institutions in selecting R&D projects (including for both imitation and innovation). Financial development is regarded as the evolution of the financing regimes. The...
Persistent link: https://www.econbiz.de/10010928613
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The evaluation of the electronic prescription service in primary care: interim report on the findings from the evaluation in early implementer sites
Hibberd, Ralph; Barber, Nick; Cornford, Tony; Lichtner, … - London School of Economics (LSE) - 2012
This report provides and interim account of some aspects of research undertaken in to the adoptions and use of the electronic prescription service (EPS) in England. The role of EPS is a fundamentally simple one. It allows the transmission of prescription messages and digitally-signed...
Persistent link: https://www.econbiz.de/10010745081
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Financial institutions and the wealth of nations: tales of development
Tong, Jian; Xu, Cheng-Gang - London School of Economics (LSE) - 2004
Interactions between economic development and financial development are studied by looking at the roles of financial institutions in selecting R&D projects (including for both imitation and innovation). Financial development is regarded as the evolution of the financing regimes. The...
Persistent link: https://www.econbiz.de/10010745283