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Estimating real production and expenditures across nations : a proposal for improving the Penn world tables

Feenstra, Robert C. (contributor) - 2004

"In this paper we propose a new approach to international comparisons of real GDP measured from the output-side. The traditional Geary-Khamis system to measure real GDP from the expenditure-side is modified to include differences in the terms of trade between countries. It is shown that this...

Persistent link: https://www.econbiz.de/10010522867

Does Inflation Targeting Increase Output Volatility? An International Comparison of Policymakers' Preferences and Outcomes

Cecchetti, Stephen G. - 1999

Aggregate shocks that move output and inflation in opposite directions create a tradeoff between output and inflation variability, forcing central bankers to make a choice. Differences in the degree of accommodation of shocks lead to disparate variability outcomes, revealing national central...

Persistent link: https://www.econbiz.de/10012471355

Are All Banking Crises Alike? The Japanese Experience in International Comparison

Hutchison, Michael - 1999

This paper examines episodes of banking sector distress for a large sample of developed and developing countries, highlighting the experience of Japan. By a host of criteria, Japan appeared to be in a stronger position than most countries at the onset of banking problems low inflation,...

Persistent link: https://www.econbiz.de/10012471537

Is Globalization Today Really Different than Globalization a Hunderd Years Ago?

Bordo, Michael D. - 1999

for the United States but also with reference to the wider world. We establish the outlines of international integration a … century ago and analyze the institutional and informational impediments that prevented the late nineteenth century world from … achieving the same degree of integration as today. We conclude that the world today is different: commercial and financial …

Persistent link: https://www.econbiz.de/10012471593

E-commerce During Covid : Stylized Facts from 47 Economies

Alcedo, Joel - 2022

We study e-commerce across 47 economies and 26 industries during the COVID-19 pandemic using aggregated and anonymized transaction-level data from Mastercard, scaled to represent total consumer spending. The share of online transactions in total consumption increased more in economies with...

Persistent link: https://www.econbiz.de/10012938698

Electoral Turnovers

Marx, Benjamin M.; Pons, Vincent; Rollet, Vincent - National Bureau of Economic Research - 2022

In most national elections, voters face a key choice between continuity and change. Electoral turnovers occur when the incumbent candidate or party fails to win reelection. To understand how turnovers affect national outcomes, we study the universe of presidential and parliamentary elections...

Persistent link: https://www.econbiz.de/10012938735

From Mancession to Shecession : Women's Employment in Regular and Pandemic Recessions

Alon, Titan; Coskun, Sena; Doepke, Matthias; Koll, David; … - National Bureau of Economic Research - 2021

We examine the impact of the global recession triggered by the Covid-19 pandemic on women's versus men's employment. Whereas recent recessions in advanced economies usually had a disproportionate impact on men's employment, giving rise to the moniker "mancessions," we show that the pandemic...

Persistent link: https://www.econbiz.de/10012510511

The Intergenerational Mortality Tradeoff of COVID-19 Lockdown Policies

Ma, Lin; Shapira, Gil; De Walque, Damien; Đỗ-Quý-Toàn - National Bureau of Economic Research - 2021

In lower-income countries, the economic contractions that accompany lockdowns to contain the spread of COVID-19 can increase child mortality, counteracting the mortality reductions achieved by the lockdown. To formalize and quantify this effect, we build a macro-susceptible-infected-recovered...

Persistent link: https://www.econbiz.de/10012585409

Globalization and Factor Income Taxation

Bachas, Pierre; Fisher-Post, Matthew H.; Jensen, Anders; … - National Bureau of Economic Research - 2022

How has globalization affected the relative taxation of labor and capital, and why? To address this question we build and analyze a new database of effective macroeconomic tax rates covering 150 countries since 1965, constructed by combining national accounts data with government revenue...

Persistent link: https://www.econbiz.de/10013172119

Child Penalties Across Countries : Evidence and Explanations

Kleven, Henrik - 2019

This paper provides evidence on child penalties in female and male earnings in different countries. The estimates are based on event studies around the birth of the first child, using the specification proposed by Kleven et al. (2018). The analysis reveals some striking similarities in the...

Persistent link: https://www.econbiz.de/10012479479

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