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Persistent link: https://www.econbiz.de/10013480945
We investigate the relationship between individual trust and individual economic performance. We find that individual income is hump-shaped in a measure of intensity of trust beliefs. Our interpretation is that highly trusting individuals tend to assume too much social risk and to be cheated...
Persistent link: https://www.econbiz.de/10012463306
to be the peak capitalist economy in the new information economy. This paper develops criterion for judging peak status … workers, continued full employment will greatly strengthen the case for the US as peak economy. But with anything less than … full employment the US economy will lose its luster. Even if this occurs, however, the US record in employing women and …
Persistent link: https://www.econbiz.de/10012470993
macro economy. Using a panel of 131 monthly macroeconomic time series for the sample 1964:1-2007:12, we estimate 8 static …
Persistent link: https://www.econbiz.de/10012463461
This paper considers the role of policy in an AI-intensive economy (interpreting AI broadly). It emphasizes the speed …
Persistent link: https://www.econbiz.de/10012453067
Brazil has had a long period of high inflation. It peaked around 100 percent per year in 1964, decreased until the … indexation in accounting for the unique features of inflation dynamics in Brazil …
Persistent link: https://www.econbiz.de/10012479377
After the economic reforms that followed the National Revolution of the 1950s, Bolivia seemed positioned for sustained growth. Indeed, it achieved unprecedented growth from 1960 to 1977. The rapid accumulation of debt due to persistent deficits and a fixed exchange rate policy during the 1970s...
Persistent link: https://www.econbiz.de/10012479478
Persistent link: https://www.econbiz.de/10000852362
property rights were reallocated through land laws, and Mexico's economy became much more closely tied to the United States. In …
Persistent link: https://www.econbiz.de/10012464795