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The International Monetary System and International Financial System as an Analogy to the Copernican Heliocentric system : A simple multi-layers network model with simultaneous reg...
Bordo, Michael D.; Bastidon, Cécile - National Bureau of Economic Research - 2023
is based on economic history, theory and some resonant concepts from astrophysics …
Persistent link: https://www.econbiz.de/10014372472
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NBER International Seminar on Macroeconomics 2006
Reichlin, Lucrezia (contributor);  … - National Bureau of Economic Research - 2008
Persistent link: https://www.econbiz.de/10003655859
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NBER International Seminar on Macroeconomics 2005
Frankel, Jeffrey A. (ed.);  … - National Bureau of Economic Research - 2007
Persistent link: https://www.econbiz.de/10003655872
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Economic Convergence and Economic Policies
Sachs, Jeffrey D. - 1995
Many of the crucial debates in development economics are encapsulated in the question of economic convergence. Is there a tendency for the poorer countries to grow more rapidly than the richer countries, and thereby to converge in living standards? Some recent research on endogenous growth has...
Persistent link: https://www.econbiz.de/10012473854
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Political Instability, Political Weakness and Inflation : An Empirical Analysis
Edwards, Sebastian - 1991
In this paper we analyze empirically the most important implications of two family political economy models of inflation: the "myopic? government approach and the "weak" government approach. In myopic government models inflation is the deliberate outcome of politicians strategic behavior, while...
Persistent link: https://www.econbiz.de/10012475286
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International Coordination of Economic Policies : Scope, Methods, and Effects
Frenkel, Jacob A. - 1988
actual evolution of the world economy over the 1974-87 period. Our findings suggest that simple mechanistic rule …
Persistent link: https://www.econbiz.de/10012476394
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International Capital Flows and Domestic Economic Policies
Frankel, Jeffrey A. - 1987
This paper, written for the NBER Conference on the Changing Role of the United States in the World Economy, covers the …
Persistent link: https://www.econbiz.de/10012476859
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Why Some Times Are Different : Macroeconomic Policy and the Aftermath of Financial Crises
Romer, Christina D. - 2017
Analysis based on a new measure of financial distress for 24 advanced economies in the postwar period shows substantial variation in the aftermath of financial crises. This paper examines the role that macroeconomic policy plays in explaining this variation. We find that the degree of monetary...
Persistent link: https://www.econbiz.de/10012453783
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The International Transmission of Credit Bubbles : Theory and Policy
Ventura, Jaume - 2015
We live in a new world economy characterized by financial globalization and historically low interest rates. This … propagated abroad. In previous work, we built on the theory of rational bubbles to develop a framework to think about the origins … in this world. The interest-rate and terms-of-trade spillovers produce policy externalities that make the noncooperative …
Persistent link: https://www.econbiz.de/10012457733
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Misallocation, Establishment Size, and Productivity
Bento, Pedro - 2016
We consider a tractable model of heterogeneous production units that features endogenous entry and productivity investment to assess the quantitative impact of policy distortions on aggregate output and establishment size. Relative to the standard factor misallocation framework, policy...
Persistent link: https://www.econbiz.de/10012455871