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conclusion has implications for the study of institutions, economics, and religion throughout history and in the developing world …When the mortality rate is high, repeated interaction alone may not sustain cooperation, and religion may play an …
Persistent link: https://www.econbiz.de/10012464643
which the United States eliminated corruption. This paper examines the concept of corruption in American history; tracing … the term corruption to its roots in British political philosophy of the 17th and 18th century, and from there back to … Machiavelli, Polybius and Artistole. Corruption was defined prior to 1850 in a way that was significantly different from how it …
Persistent link: https://www.econbiz.de/10012467735
Persistent link: https://www.econbiz.de/10003866015
organize: World War I, Bretton Woods, 1970s Great Inflation and Managed Floating. Each turning point was characterized by …
Persistent link: https://www.econbiz.de/10012599404
model developed in this section suggests that the failure to coordinate policies lent a deflationary bias to the world … economy which may have contributed to the on set of the Great Depression. The third part asks what policymakers learned from …
Persistent link: https://www.econbiz.de/10012477648
the rest of the world rather than focusing on issues with U.S. monetary and fiscal policies. In addition, at the urging of …
Persistent link: https://www.econbiz.de/10012481056
How did countries recover from the Great Depression? In this paper we explore the argument that leaving the gold standard helped by boosting inflationary expectations and lowering real interest rates. We do so for a sample of 30 countries, using modern nowcasting methods and a new dataset...
Persistent link: https://www.econbiz.de/10012481440
.1 percent of world population, implying 150 million deaths when applied to current population. Regressions with annual …
Persistent link: https://www.econbiz.de/10012482047
We explore the role of government in the nexus of finance and trade starting from the earliest days of organised finance in England and then broadening the analysis to 84 countries from 1960 to 2004. For 18th century England, we find that the government expenditures and international trade did...
Persistent link: https://www.econbiz.de/10012462195
This paper documents industrial output and labor productivity growth around the poor periphery 1870-1940 (Latin America, the European periphery, the Middle East, South Asia, Southeast Asia and East Asia). Intensive and extensive industrial growth accelerated there over these seven critical...
Persistent link: https://www.econbiz.de/10012462312