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Right-Wing Political Extremism in the Great Depression

de Bromhead, Alan - 2012

We examine the impact of the Great Depression on the share of votes for right-wing anti-system parties in elections in the 1920s and 1930s. We confirm the existence of a link between political extremism and economic hard times as captured by growth or contraction of the economy. What mattered...

Persistent link: https://www.econbiz.de/10013110236

The Political Scar of Epidemics

Aksoy, Cevat Giray - 2020

What political legacy can we expect from the Coronavirus pandemic? Drawing evidence from past epidemics, we find that epidemic exposure in an individual's “impressionable years” (ages 18 to 25) has a persistent negative effect on confidence in political institutions and leaders, but not in...

Persistent link: https://www.econbiz.de/10012830482

The Breakup of the Euro Area

Eichengreen, Barry - 2010

The possibility that the euro area might break up was being raised even before the single currency existed. These scenarios were then lent new life five or six years on, when appreciation of the euro and problems of slow growth in various member states led politicians to blame the European...

Persistent link: https://www.econbiz.de/10012759842

Is Poland at Risk of a Boom-and-Bust Cycle in the Run-Up to Euro Adoption?

Eichengreen, Barry - 2008

We ask whether Poland is at risk of the boom-bust problem that has afflicted economies around the time of euro adoption. Our answer, inevitably, is mixed. On the one hand the fact that Poland is an outlier, credit-growth wise, accentuates the danger of a boom if one believes in mean reversion....

Persistent link: https://www.econbiz.de/10012769529

Fetters of Gold and Paper

Eichengreen, Barry - 2010

We describe in this essay why the gold standard and the euro are extreme forms of fixed exchange rates, and how these policies had their most potent effects in the worst peaceful economic periods in modern times. While we are lucky to have avoided another catastrophe like the Great Depression in...

Persistent link: https://www.econbiz.de/10013139971

International Policy Coordination : The Long View

Eichengreen, Barry - 2013

This paper places current efforts at international economic policy coordination in historical perspective. It argues that successful cooperation is most likely in four sets of circumstances. First, when it centers on technical issues. Second, when cooperation is institutionalized - when...

Persistent link: https://www.econbiz.de/10013091942

International Policy Coordination in Historical Perspective : a View from the Interwar Years

Eichengreen, Barry - 2021

This paper examines the international financial relations of the interwar period to see what light this experience sheds on current concerns over international policy coordination. The analysis proceeds in three parts. The first part considers the role for policy coordination as viewed by...

Persistent link: https://www.econbiz.de/10013224214

Secular Stagnation : The Long View

Eichengreen, Barry - 2015

Four explanations for secular stagnation are distinguished: a rise in global saving, slow population growth that makes investment less attractive, averse trends in technology and productivity growth, and a decline in the relative price of investment goods. A long view from economic history is...

Persistent link: https://www.econbiz.de/10013030614

When Fast Growing Economies Slow Down : International Evidence and Implications for China

Eichengreen, Barry - 2011

, a level that China should achieve by or soon after 2015. Among our more provocative findings is that growth slowdowns …

Persistent link: https://www.econbiz.de/10013127765

The External Impact of China's Exchange Rate Policy : Evidence from Firm Level Data

Eichengreen, Barry - 2011

China's exchange rate policy in 2005 and 2010 and data on 6,050 firms in 44 countries. Renminbi appreciation has a positive … effect on firms exporting to China but little positive or even a negative impact on those providing inputs for China …'s processing exports. Stock prices rise for firms competing with China in their home market while falling for firms importing …

Persistent link: https://www.econbiz.de/10013118251