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Central Bank Credibility : An Historical and Quantitative Exploration

Bordo, Michael D. - 2015

In this paper we provide empirical measures of central bank credibility and augment these with historical narratives from eleven countries. To the extent we are able to apply reliable institutional information we can also indirectly assess their role in influencing the credibility of the...

Persistent link: https://www.econbiz.de/10012457842

Central Bank Credibility, Reputation and Inflation Targeting in Historical Perspective

Bordo, Michael - 2014

This paper examines the historical evolution of central bank credibility using both historical narrative and empirics for a group of 16 countries, both advanced and emerging. It shows how the evolution of credibility has gone through a pendulum where credibility was high under the classical gold...

Persistent link: https://www.econbiz.de/10012457973

Were Trade and Factor Mobility Substitutes in History?

Collins, William J. - 1997

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

The political economy of American trade policy

Krueger, Anne O. (ed.) - 1996

Persistent link: https://www.econbiz.de/10013480846

Public policies and household saving

Poterba, James M. (ed.) - 1994

Persistent link: https://www.econbiz.de/10013480937

Bilateralism and Regionalism in Japanese and U.S. Trade and Direct Foreign Investment Patterns

Eaton, Jonathan - 1995

region. We find that features of a country associated with more trade with either Japan or the United States also tend to be … associated with more DFI from Japan or the United States. U.S. economic relations with Japan and Western Europe provide an … important exception. Despite U.S. concern about its trade deficit with Japan, we find Japan to be much more open to the United …

Persistent link: https://www.econbiz.de/10012473842

Trade with Japan : has the door opened wider?

Krugman, Paul R. (ed.) - 1991

Persistent link: https://www.econbiz.de/10013481059

The Global History of Corporate Governance : An Introduction

Morck, Randall K. - 2005

, Germany, Japan, India, Italy, the Netherlands, Sweden, the United Kingdom, and the United States. Together, the studies …

Persistent link: https://www.econbiz.de/10012467625

Productivity and Machinery Investment : A Long Run Look 1870-1980

De Long, J. Bradford - 1991

Over the past century the long-run growth of six economies shows a strong association between investment in machinery and economic growth that holds both within and across nations and periods. A similar strong association holds for the post-world War II period for a broader cross section of...

Persistent link: https://www.econbiz.de/10012475084

Tastes and Technology in a Two-Country Model of the Business Cycle : Explaining International Comovements

Stockman, Alan C. - 1990

This paper studies the international transmission of business cycles by developing a two-country real business-cycle model and confronting it with a broad set of empirical observations. These observations include variances and covariances of output, labor, consumption, employment, and investment...

Persistent link: https://www.econbiz.de/10012475480

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