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Financial returns to collecting rare political economy books
Ursprung, Heinrich W. - 2021
Rare books of political economy are eminently collectable. Using historical prices, I employ hedonic regressions to estimate financial returns to collecting the works of ten eminent political economists and develop a price index for this corpus of collectables. For the observation period...
Persistent link: https://www.econbiz.de/10012437910
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The effects of systemic banking crises in the inter-war period
Rocha, Bruno T. da; Solomou, Solomos - 2015
This paper examines the time-profile of the impact of systemic banking crises on GDP and industrial production using a panel of 24 countries over the inter-war period and compares this to the post-war experience of these countries. We show that banking crises have effects that induce medium-term...
Persistent link: https://www.econbiz.de/10010496916
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Religion in economic history : a survey
Becker, Sascha O.; Rubin, Jared; Woessmann, Ludger - 2020
various effects across the world. We highlight three general insights that emerge from this literature. First, the …
Persistent link: https://www.econbiz.de/10012229328
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What determines the capital share over the long run of history?
Bengtsson, Erik; Rubolino, Enrico; Waldenström, Daniel - 2020
This paper analyzes the determinants of the labor-capital split in national income for 20 countries since the late 1800s. Our main identification strategy focuses on unique historical quasi-experimental events: i) the introduction of universal suffrage, ii) close election wins of left-wing...
Persistent link: https://www.econbiz.de/10012213168
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Have macroeconomic models lost their connection with economic reality?
Veen, Tom van - 2020
Macroeconomic theory has developed into increasingly sophisticated mathematical models. In the words of Mankiw … the development of macroeconomic theory over the past 40 years. The focus is on the main lines of thinking and the story … changes in macroeconomic theory and that the current debates after the GFC will be the start of a more plural approach to …
Persistent link: https://www.econbiz.de/10012211109
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The economic effects of federalism and decentralization : a cross-country assessment
Voigt, Stefan; Blume, Lorenz - 2009
This paper explores the idea that institutional details matter and that attempts to estimate the economic effects of federalism by employing a simple dummy variable neglect potentially important institutional details. Based on a principal component analysis, seven aspects of both federalism and...
Persistent link: https://www.econbiz.de/10003882595
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The economic effects of direct democracy : a first global assessment
Blume, Lorenz (contributor); Müller, Jens (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003624036
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The international economics of natural resources and growth
Thorvaldur Gylfason (contributor) - 2007
Persistent link: https://www.econbiz.de/10003497703
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Does financial integration spur economic growth? : New evidence from the first era of financial globalization
Schularick, Moritz (contributor);  … - 2006
Does international financial integration boost economic growth? The question has been discussed controversially for a long time. As of yet, robust evidence for a positive impact is lacking (Edison et al., 2002). However, there is substantial narrative evidence from economic history that...
Persistent link: https://www.econbiz.de/10003301349
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Brain drain in the age of mass migration : does relative inequality explain migrant selectivity?
Stolz, Yvonne; Baten, Jörg - 2012
Brain drain is a core economic policy problem for many developing countries today. Does relative inequality in source and destination countries influence the brain-drain phenomenon? We explore human capital selectivity during the period 1820-1909.We apply age heaping techniques to measure human...
Persistent link: https://www.econbiz.de/10009488997