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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/10012460788

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 other...

Persistent link: https://www.econbiz.de/10012481596

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/10012464209

The Breakup of the Euro Area

Eichengreen, Barry - 2007

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/10012465257

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/10012462453

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/10012457830

International Policy Coordination : The Long View

Eichengreen, Barry - 2011

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/10012460992

Can a Rapidly-Growing Export-Oriented Economy Smoothly Exit an Exchange Rate Peg? Lessons for China from Japan's High-Growth Era

Eichengreen, Barry - 2005

For China this suggests starting with a modest band widening and a limited increase in flexibility, and not with a …

Persistent link: https://www.econbiz.de/10012467052

Is China's FDI Coming at the Expense of Other Countries?

Eichengreen, Barry - 2005

We analyze how China's emergence as a destination for foreign direct investment is affecting the ability of other … countries to attract FDI. We do so using an approach that accounts for the endogeneity of China's FDI. The impact turns out to … vary by region. China's rapid growth and attractions as a destination for FDI also encourages FDI flows to other Asian …

Persistent link: https://www.econbiz.de/10012467348

The Impact of China on the Exports of Other Asian Countries

Eichengreen, Barry - 2004

We analyze the impact of China's growth on the exports of other Asian countries. Our innovation is to distinguish the … increase in China's demand for imports from its increased penetration of export markets. Using the gravity model, we … disaggregate among commodity types and account for the endogeneity of Chinese exports. We confirm the tendency for China's exports …

Persistent link: https://www.econbiz.de/10012467922