Showing 1 - 9 of 9
views using the Ricardian model of international trade with many goods. British trade data are used to implement the test …
Persistent link: https://www.econbiz.de/10013237966
The paper analyses sectoral patterns of intra-Asian trade for selected Asian countries as well as for sub … extra-Asian trade, almost all sample countries concentrate their intra-Asian exports more on non-manufactures. Within … manufactures, resource-intensive goods still play a larger role in intra-Asian trade than in trade outside Asia. This reflects both …
Persistent link: https://www.econbiz.de/10010277716
trade creation effect of monetary integration (so-called Rose effect) which is heavily debated in the literature. Recent … are already highly integrated in terms of trade and factor mobility. The potential discrimination effect against trade … to Europe. At the same time, so-called overlap or similarity indices for trade patterns show an increasing similarity …
Persistent link: https://www.econbiz.de/10010277720
Persistent link: https://www.econbiz.de/10001228254
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
This review essay of the two-volume Cambridge History of Capitalism (2014), edited by Larry Neal and Jeffrey G. Williamson, is divided into three parts. First, I describe three chapters from the second volume that I recommend for all economists to add depth to their understanding of the world...
Persistent link: https://www.econbiz.de/10013044351
This history of the Great Depression was prepared for The Cambridge Economic History of the United States. It describes real and imagined causes of the Depression, bank failures and deflation, the Fed and the gold standard, the start of recovery, the first New Deal, and the second New Deal. I...
Persistent link: https://www.econbiz.de/10013243971
This paper replicates a classic study of the American business elite. The older study done a half-century ago, reported the composition of business leaders a century ago. I have" drawn a sample of business leaders today to discover how much the composition of the" American business elite has...
Persistent link: https://www.econbiz.de/10013324093
I argue in this paper for more interaction between economic history and economic development. Both subfields study economic development; the difference is that economic history focuses on high-wage countries while economic development focuses on low-wage economies. My argument is based on recent...
Persistent link: https://www.econbiz.de/10013311911