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Based largely on industry-level aggregate statistics, the prevailing view, and one that has strongly influenced macroeconomic thought, is that real wages during the cycle containing the Great Depression are either acyclical or countercyclical. Does this finding hold-up when more micro data are...
Persistent link: https://www.econbiz.de/10003969885
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The paper presents a statistical generalisation, to working families in the whole of Britain, of Rowntree's finding that absolute poverty declined dramatically in York between 1899 and 1936. We use poverty lines devised by contemporary social investigators and two relatively newly-discovered...
Persistent link: https://www.econbiz.de/10003879330
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The international development community has used the World Bank's Statistical Capacity Index since its inception in 2004. The Sustainable Development Goals create new challenges for national statistical systems to produce high-quality and internationally comparable data. This paper reviews...
Persistent link: https://www.econbiz.de/10012316940
economic activities and some political economy concerns, as well as future directions of development. …
Persistent link: https://www.econbiz.de/10014463134
Viruses are a major threat to human health, and - given that they spread through social interactions - represent a costly externality. This paper addresses three main issues: i) what are the unintended consequences of economic activity on the spread of infections? ii) how efficient are measures...
Persistent link: https://www.econbiz.de/10011333557
it the Great Recession), but the Australian economy appears to be powering ahead. It is a miracle economy! Unlike most of … economy compared to some of the OECD countries and see that, in fact, Australia has a "miracle economy". The comparisons are …
Persistent link: https://www.econbiz.de/10009774315
make the economy less stable at the aggregate level. As in Nelson and Winter (1982), firms differ in their labor … explain the key results. Optimal selectivity is larger, the less "cobweb unstable" the economy, i.e. the more elastic the …
Persistent link: https://www.econbiz.de/10010440555
This paper examines the effects of the Working Families' Tax Credit (WFTC) on couples in Britain. We develop a simple model of household decisions which explicitly accounts for the role played by the tax and benefit system. Its main implications are then tested using panel data from the British...
Persistent link: https://www.econbiz.de/10003635400