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Tests of policy ineffectiveness in macroeconometrics

Pesaran, M. Hashem; Smith, Ron - 2014

This paper proposes tests of policy ineffectiveness in the context of macroeconometric rational expectations models. It is assumed that there is a policy intervention that takes the form of changes in the parameters of a policy rule, and that there are sufficient observations before and after...

Persistent link: https://www.econbiz.de/10010375404

Macroeconomics with a thick pen

Gronwald, Marc; Jin, Xin - 2023

This paper introduces two co-movement measures based on the Thick Pen Transform into the macroeconomic literature: the Thick Pen Measure of Association (TPMA) as well as Multi-Thickness Thick Pen Measure of Association (MTTPMA). Both measures are non-parametric, time-varying, and ﬂexible....

Persistent link: https://www.econbiz.de/10014281390

Is industrialization conducive to long-run prosperity?

Franck, Raphaël; Galor, Oded - 2015 - This version: April 30th, 2015

This research explores the long-run effect of industrialization on the process of development. In contrast to … subsequent decades. Nevertheless, early industrialization had an adverse effect on income per capita, employment and equality by … that the characteristics that permitted the onset of industrialization, rather than the adoption of industrial technology …

Persistent link: https://www.econbiz.de/10010518787

The complementary between technology and human capital in the early phase of industrialization

Franck, Raphaël; Galor, Oded - 2015 - This Version: July 21st, 2015

The research explores the effect of industrialization on human capital formation. Exploiting exogenous regional … views early industrialization as a predominantly deskilling process, the industrial revolution was conducive for human …

Persistent link: https://www.econbiz.de/10011309633

Black and white Body Mass Index values in developing 19th century Nebraska

Carson, Scott Alan - 2013

Little is known about late 19th and early 20th century BMIs on the US Central Plains. Using data from the Nebraska state prison, this study demonstrates that the BMIs of dark complexioned blacks were greater than for fairer complexioned mulattos and whites. Although modern BMIs have increased,...

Persistent link: https://www.econbiz.de/10009753005

Technology transfer and early industrial development : evidence from the Sino-Soviet Alliance

Giorcelli, Michela; Li, Bo - 2022

This paper studies the causal effect of technology and knowledge transfers on early industrial development. Between 1950 and 1957, the Soviet Union supported the "156 Projects" in China for building technologically advanced industrial facilities. We exploit idiosyncratic delays in project...

Persistent link: https://www.econbiz.de/10012806673

Devotion and development : religiosity, education, and economic progress in 19th-century France

Squicciarini, Mara P. - 2019 - This version: 14th July 2019

This paper uses a historical setting to study when religion can be a barrier to the diffusion of knowledge and economic development, and through which mechanism. I focus on 19th-century Catholicism and analyze a crucial phase of modern economic growth, the Second Industrial Revolution...

Persistent link: https://www.econbiz.de/10012039060