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In recent years, comparative economics experienced a revival, with a new focus on comparing capitalist economies. The …
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replied: 'Ricardo's theory of comparative advantage'. Truth, however, in Samuelson's reply refers to the fact that Ricardo …'s theory of comparative advantage is mathematically correct, not that it is empirically valid. The goal of this paper is to … output predicted by Ricardo's theory of comparative advantage. Despite all of the real-world considerations from which this …
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We evaluate the decentralized structure of the Federal Reserve System as a mechanism for generating and processing new ideas on monetary policy over the 1960 - 2000 period. We document the introduction of monetarism, rational expectations, credibility, transparency, and other monetary policy...
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normative academic economic models. Popular advice frequently departs from normative principles derived from economic theory …
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economics. We found that women in economics were 15% less likely to be promoted to associate professor after controlling for …
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