Showing 1 - 10 of 205
Individuals of Middle Eastern and North African (MENA) ancestry in the US have been targeted by anti-immigrant and counterterrorism policies and have been the focus of vitriolic political rhetoric. Despite this, lack of data identifying MENA individuals has prevented systematic evaluation of the...
Persistent link: https://www.econbiz.de/10014635639
This paper argues that the key deep underlying fundamental for the growing international imbalances leading to the collapse of the Bretton Woods system between 1971 and 1973 was rising U.S. inflation since 1965. It was driven in turn by expansionary fiscal and monetary policies--the elephant in...
Persistent link: https://www.econbiz.de/10012481056
The paper provides a survey of fiscal and monetary policies during the 1930s under the Hoover and Roosevelt Administrations and how they influenced the policies during the recent Great Recession. The discussion of the causal impacts of monetary policy focuses on papers written in the last decade...
Persistent link: https://www.econbiz.de/10012462180
We study cointegrating relationships among fiscal variables and output and use them to introduce a new measure of the government's fiscal position. In the US since World War II, we find that the primary surplus-GDP ratio and the government debt-GDP ratio are nonstationary, which invalidates...
Persistent link: https://www.econbiz.de/10014287325
This paper investigates the extent to which strategic objectives of the U.S. government influenced news coverage during the Cold War. We establish two relationships: 1) strategic objectives of the U.S. government cause the State Department to under-report human rights violations of strategic...
Persistent link: https://www.econbiz.de/10012462913
This paper examines the role that insurance has played in dealing with terrorism before and after September 11, 2001, by focusing on the distinctive challenges associated with terrorism as a catastrophic risk. The Terrorism Risk Insurance Act of 2002 (TRIA) was passed by the U.S. Congress in...
Persistent link: https://www.econbiz.de/10012467819
Persistent link: https://www.econbiz.de/10003588845
competition in U.S. industries. Lobbying expenditures increase as a consequence of import changes related to the China shock. The … effect on lobbying is not homogeneous across firms and it concentrates particularly in those producers which are behind the … technological frontier. We discuss theoretical mechanisms driving lobbying of firms away from the technological frontier: not only …
Persistent link: https://www.econbiz.de/10012616568
well as industry lobbying data. We find that tariff levels are largely determined by firm lobbies, but about about 5 …
Persistent link: https://www.econbiz.de/10012599405
We distinguish between ideational and interest-based appeals to voters on the supply side of politics, and integrate the Keynes-Hayek perspective on the importance of ideas with the Stigler-Becker approach emphasizing vested interests. In our model, political entrepreneurs discover identity and...
Persistent link: https://www.econbiz.de/10012696383