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Fajgelbaum, Pablo D. - 2020

We study optimal dynamic lockdowns against Covid-19 within a commuting network. Our framework integrates canonical spatial epidemiology and trade models, and is applied to cities with varying initial viral spread: Seoul, Daegu and NYC-Metro. Spatial lockdowns achieve substantially smaller income...

Persistent link: https://www.econbiz.de/10012829786

Why is Growth Better in the United States than in Other Industrial Countries

Feldstein, Martin S. - 2017

Although the official statistics imply that the rate of growth of real GDP in the United States has declined in recent years, it has still been substantially higher than the real growth rates in Europe and the other industrial countries, leading to higher real per capita incomes. This paper...

Persistent link: https://www.econbiz.de/10012960796

Globalization and Changing Patterns in the International Transmission of Shocks in Financial Markets

Bordo, Michael D.; Murshid, Antu Panini - 2021

of both advanced and emerging countries during two periods of globalization -- the pre-World War I classical gold … the two eras of globalization reflects factors such as strong cross-country interdependence fostered through links to gold …

Persistent link: https://www.econbiz.de/10013246049

Crises Now and then : What Lessons from the Last Era of Financial Globalization

Eichengreen, Barry; Bordo, Michael D. - 2021

We consider the operation of international capital markets in two periods of globalization, before 1914 and after 1971 … international monetary framework was responsible for the relatively short-lived and mild nature of pre-World War I financial crises …

Persistent link: https://www.econbiz.de/10013231411

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

Bordo, Michael D.; Eichengreen, Barry; Irwin, Douglas A. - 2021

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/10013214589

International Comparisons of Educational Attainment

Barro, Robert J.; Lee, Jong-Wha - 2021

Many theories of economic growth stress the role of human capital in the form of education, but empirical studies have been hampered by inadequate data. We describe a data set on educational attainment that we have constructed for 129 countries over five-year periods from 1960-1985. We use...

Persistent link: https://www.econbiz.de/10013227046

Happiness Adaptation to Income Beyond "Basic Needs"

Di Tella, Rafael; MacCulloch, Robert - 2021

-lasting. Finally we study a cross section of nations in 2005 from the World Gallup Poll and find that the past 45 years of economic …

Persistent link: https://www.econbiz.de/10013237594

The Changing Role of Government in Financing Health Care : An International Perspective

Stabile, Mark - 2013

This paper explores the changing role of government involvement in health care financing policy outside the United States. It provides a review of the economics literature in this area to understand the implications of recent policy changes on efficiency, costs and quality. Our review reveals...

Persistent link: https://www.econbiz.de/10013075869

Flexibility and Job Creation : Lessons for Germany

Heckman, James J. - 2021

This paper examines the performance of the German economy and the role of the regulation and welfare state policies in affecting its performance. While the German economy is still strong, incentives in place are likely to impair future German competitiveness and productivity

Persistent link: https://www.econbiz.de/10013216096

International Comparisons of Pricing-to-Market Behavior

Knetter, Michael M. - 2010

the U.S. from Germany and Japan is similar to price adjustment observed on shipments to other destinations. Most variation …

Persistent link: https://www.econbiz.de/10012763503