governments or market institutions provide the services. Sweden and the United States are on opposite ends of this spectrum. After … compare the development of the social welfare institutions in the U.S. and Sweden in the 20th century …

economy are tested. Capture Theory de-emphasizes the role of institutional settings of the kind at work here: The outcomes of … before the Department of Commerce, this study finds more support for Capture Theory than for the New Institutionalism. An …

We examine the price and variety of products at the barcode level in cities within China and the United States. In both … countries, there is a greater variety of products in larger cities. But in China, unlike the United States, the prices of … follows that the cost of living for grocery-store products in China is lower in larger cities. We further compare the cost …

American metropolitan areas with comparable geographic units in Brazil, China and India. Both Gibrat's Law and Zipf's Law seem … to hold as well in Brazil as in the U.S., but China and India look quite different. In Brazil and China, the implications … correlation between density and earnings is stronger in both China and India than in the U.S., strongest in China. In India the …

We employ a model of precautionary saving to study why household saving rates are so high in China and so low in the US … components. This decomposition indicates that over 80 percent of China's saving rate and nearly all of the US saving arises from … the precautionary motive. The difference in the income growth rate between China and the US is vastly more important for …