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~isPartOf:"NBER Working Paper"
~person:"Bloom, Nicholas"
~person:"Bordo, Michael D."
~person:"Borjas, George J."
~person:"Haines, Michael R."
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Bloom, Nicholas
Bordo, Michael D.
Borjas, George J.
Haines, Michael R.
Lipsey, Robert E.
28
Goldin, Claudia
27
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21
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1
Health,
Employment
, and Disability : Implications from the Undocumented Population
Borjas, George J.
-
2018
Disability benefit recipients in the United States have nearly doubled in the past two decades, growing substantially faster than the population. It is difficult to estimate how much of this increase is explained by changes in population health, as we often lack a valid counterfactual. We...
Persistent link: https://www.econbiz.de/10012921538
Saved in:
2
Measuring Economic Policy Uncertainty
Baker, Scott R.
-
2016
find that policy uncertainty raises stock price volatility and reduces investment and
employment
in policy … foreshadow declines in investment, output, and
employment
in the United States and, in a panel VAR setting, for 12 major …
Persistent link: https://www.econbiz.de/10013003270
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3
Money Matters : Broad Divisia Money and the Recovery of Nominal GDP from the Covid-19 Recession
Bordo, Michael D.
;
Duca, John V.
-
2023
The rise of inflation in 2021 and 2022 surprised many macroeconomists who ignored the earlier surge in money growth because past instability in the demand for simple-sum monetary aggregates had made these aggregates unreliable indicators. We find that the demand for more theoretically-based...
Persistent link: https://www.econbiz.de/10014346628
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4
The Historical Origins of U.S. Exchange Market Intervention Policy
Bordo, Michael D.
-
2010
The present set of arrangements for U.S. exchange market intervention policy was largely developed after 1961 during the Bretton Woods era. However, that set had important historical precedents. In this paper we examine precedents to current arrangements, focusing on three historical eras:...
Persistent link: https://www.econbiz.de/10012760567
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5
Railroads and the Rise of the Factory : Evidence for the United States, 1850-70
Atack, Jeremy
-
2008
Over the course of the nineteenth century manufacturing in the United States shifted from artisan shop to factory production. At the same time United States experienced a quot;transportation revolutionquot;, a key component of which was the building of extensive railroad network. Using a newly...
Persistent link: https://www.econbiz.de/10012769675
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6
Economic Policy Uncertainty and the Credit Channel : Aggregate and Bank Level U.S. Evidence Over Several Decades
Bordo, Michael D.
-
2016
Economic policy uncertainty affects decisions of households, businesses, policy makers and Financial intermediaries. We first examine the impact of economic policy uncertainty on aggregate bank credit growth. Then we analyze commercial bank entity level data to gauge the effects of policy...
Persistent link: https://www.econbiz.de/10012997906
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7
Ethnic Differences in Demographic Behavior in the United States : What Can We Learn from Vital Statistics About Inequality?
Haines, Michael R.
-
2017
This paper looks at the fertility and mortality experience of racial and ethnic groups in the United States from the early 20th century to the present. The first part consist of a description and critique of the racial and ethnic categories used in the federal census and in the published vital...
Persistent link: https://www.econbiz.de/10012947660
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8
The Puzzle of the Antebellum Fertility Decline in the United States : New Evidence and Reconsideration
Haines, Michael R.
-
2007
All nations that can be characterized as developed have undergone the demographic transition from high to low levels of fertility and mortality. Most presently developed nations began their fertility transitions in the late nineteenth or early twentieth centuries. The United States was an...
Persistent link: https://www.econbiz.de/10012778282
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9
Railroads and Local Economic Development : The United States in the 1850s
Haines, Michael R.
-
2006
We use county and individual-level data from 1850 and 1860 to examine the economic impact of gaining access to a railroad. Previous studies have found that rail access was positively correlated with the value of agricultural land at a point in time, and have interpreted this correlation as...
Persistent link: https://www.econbiz.de/10012779652
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10
The Imbalances of the Bretton Woods System 1965 to 1973 : U.S. Inflation, the Elephant in the Room
Bordo, Michael D.
-
2018
This paper argues that the key deep underlying fundamental for the growing international imbalances leading to the collapse of the Bretton Woods system between 1971 and 1973 was rising U.S. inflation since 1965. It was driven in turn by expansionary fiscal and monetary policies—the elephant in...
Persistent link: https://www.econbiz.de/10012906267
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