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Protectionism and Economic Growth : Causal Evidence from the First Era of Globalization
Potrafke, Niklas; Ruthardt, Fabian; Wuthrich, Kaspar - 2021
government revenue. However, the results do not suggest that the protectionist government stimulated the economy by increasing …
Persistent link: https://www.econbiz.de/10013227482
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How Do Financial Crises Redistribute Risk?
Mitchener, Kris James; Vossmeyer, Angela - 2023
We examine how financial crises redistribute risk, employing novel empirical methods and micro data from the largest financial crisis of the 20th century – the Great Depression. Using balance-sheet and systemic risk measures at the bank level, we build an econometric model with incidental...
Persistent link: https://www.econbiz.de/10014345560
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Incorporation and Productivity
Barro, Robert J. - 2019
Corporate versus pass-through status trades off productivity benefits (related to perpetual identity, limited liability, public trading, and earnings retention) against tax wedges, estimated from U.S. federal taxes on corporate profits, dividends, and partnership income. In regressions,...
Persistent link: https://www.econbiz.de/10012860291
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The Coronavirus and the Great Influenza Epidemic - Lessons from the 'Spanish Flu' for the Coronavirus's Potential Effects on Mortality and Economic Activity
Barro, Robert J. - 2020
Mortality and economic contraction during the 1918-1920 Great Influenza Epidemic provide plausible upper bounds for outcomes under the coronavirus (COVID-19). Data for 43 countries imply flu-related deaths in 1918-1920 of 39 million, 2.0 percent of world population, implying 150 million deaths...
Persistent link: https://www.econbiz.de/10012839262
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Religion in Economic History : A Survey
Becker, Sascha O. - 2020
played in political-economy outcomes and in the "long divergence" between the Middle East and Western Europe. Finally, cross …
Persistent link: https://www.econbiz.de/10012830986
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Ethnicity and Tax Filing Behavior
Bastani, Spencer - 2019
We analyze differences in tax filing behavior between natives and immigrants using population-wide Swedish administrative data, focusing on two empirical examples. First, controlling for a rich set of variables, we compare deduction behavior of immigrants and natives with the same commuting...
Persistent link: https://www.econbiz.de/10012889226
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Sovereign Bonds Since Waterloo
Meyer, Josefin - 2019
This paper studies external sovereign bonds as an asset class. We compile a new database of 220,000 monthly prices of foreign-currency government bonds traded in London and New York between 1815 (the Battle of Waterloo) and 2016, covering 91 countries. Our main insight is that, as in equity...
Persistent link: https://www.econbiz.de/10012892089
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Reaganomics : A Historical Watershed
Komlos, John - 2019
. Reagan’s true legacy is a dual economy that accompanied the hollowing out of the middle class, a more business …-collar workers who eventually became Hillary Clinton’s “deplorables.” Reagan put the economy on a trajectory to ultimately, even if … not inevitably, led to the triumph of Trumpism and an economy of malaise …
Persistent link: https://www.econbiz.de/10012892271
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Islam and Human Capital in Historical Spain
Cinnirella, Francesco - 2020
This paper studies the impact of Muslim rule on human capital development. Using a unique novel dataset containing yearly data on Muslim presence in the period 711-1492 and literacy rate in 1900 for about 7500 municipalities in Spain, we estimate the local impact of the length of Muslim rule in...
Persistent link: https://www.econbiz.de/10012836716
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Wealth and History : An Update
Waldenström, Daniel - 2021
This paper analyzes new evidence on long-run trends in aggregate wealth accumulation and wealth inequality in Western countries. The new findings suggest that wealth-income ratios were lower before World War I than previously claimed, that wealth concentration fell over the past century and has...
Persistent link: https://www.econbiz.de/10013323085