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Civil War
Blattman, Christopher; Miguel, Edward - 2021
research into the causes and consequences of civil wars, belatedly bringing the topic into the economics mainstream. This …
Persistent link: https://www.econbiz.de/10013223996
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Labor Market Integration Before the Civil War
Margo, Robert A. - 2011
This paper uses newly collected archival evidence to examine various aspects of the geographic performance of American labor markets before the Civil War. Much of the paper addresses the evolution of regional differences in real wages, of interest to economic historians because they speak to the...
Persistent link: https://www.econbiz.de/10013132817
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The Long-Run Effects of the Scramble for Africa
Michalopoulos, Stelios - 2011
We examine the long-run consequences of ethnic partitioning, a neglected aspect of the Scramble for Africa, and uncover the following regularities. First, apart from the land mass and presence of water bodies, historical homelands of split and non-split groups are similar across many observable...
Persistent link: https://www.econbiz.de/10013118126
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Labor Market Integration Before the Civil War
Margo, Robert A. - 2012
This paper uses newly collected archival evidence to examine various aspects of the geographic performance of American labor markets before the Civil War. Much of the paper addresses the evolution of regional differences in real wages, of interest to economic historians because they speak to the...
Persistent link: https://www.econbiz.de/10013101457
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Start-Up Nation? Slave Wealth and Entrepreneurship in Civil War Maryland
González, Felipe - 2016
Slave property rights yielded a source of collateral as well as a coerced labor force. Using data from Dun and Bradstreet linked to the 1860 census and slave schedules in Maryland, we find that slaveowners were more likely to start businesses prior to the uncompensated 1864 emancipation, even...
Persistent link: https://www.econbiz.de/10012985586
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Economics Versus Politics : Pitfalls of Policy Advice
Acemoglu, Daron - 2013
The standard approach to policy-making and advice in economics implicitly or explicitly ignores politics and political … economy, and maintains that if possible, any market failure should be rapidly removed. This essay explains why this conclusion … message is that sound economic policy should be based on a careful analysis of political economy and should factor in its …
Persistent link: https://www.econbiz.de/10013084210
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Keynes on the Sequencing of Economic Policy : Recovery and Reform in 1933
Edwards, Sebastian - 2018
On December 31 1933, The New York Times published an open letter from John Maynard Keynes to President Franklin D. Roosevelt. In it Keynes encouraged FDR to expand public works through government borrowing. He also criticized FDR's exchange rate policy, and argued that there was a need for lower...
Persistent link: https://www.econbiz.de/10012925904
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The Economist as Plumber
Duflo, Esther - 2017
As economists increasingly help governments design new policies and regulations, they take on an added responsibility to engage with the details of policy making and, in doing so, to adopt the mindset of a plumber. Plumbers try to predict as well as possible what may work in the real world,...
Persistent link: https://www.econbiz.de/10012960798
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Modern Macroeconomics in Practice : How Theory is Shaping Policy
Chari, Varadarajan V. - 2010
Theoretical advances in macroeconomics made in the last three decades have had a major influence on macroeconomic policy analysis. Moreover, over the last several decades, the United States and other countries have undertaken a variety of policy changes that are precisely what macroeconomic...
Persistent link: https://www.econbiz.de/10012760693
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Economic Analysis and the Political Economy of Policy Formation
Bruno, Michael - 2021
in the economy has traditionally been far-reaching. The illustrations which have their parallels in other countries are … 1950s and 1960s), on tax and transfer schemes as well as on open economy macro policies and exchange rate regimes (mainly … particular, the political economy of the more recent stabilization efforts which provide considerable support for the general …
Persistent link: https://www.econbiz.de/10013212904