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Over the U.S. business cycle, fluctuations in residential investment are well known to systematically lead GDP. These dynamics are documented here to be specific to the U.S. and Canada. In other developed economies residential investment is broadly coincident with GDP. Nonresidential investment...
Persistent link: https://www.econbiz.de/10013099826
Food purchases differ substantially across countries. We use detailed household level data from the US, France and the … prices and characteristics are important and can explain some difference (e.g., US-France difference in caloric intake), but … environment and differences in preferences is needed to explain cross country differences …
Persistent link: https://www.econbiz.de/10013087450
) impacts of job placement assistance on the labor market outcomes of young, educated job seekers in France. We use a two …-step design. In the first step, the proportions of job seekers to be assigned to treatment (0%, 25%, 50%, 75% or100%) were …
Persistent link: https://www.econbiz.de/10013064942
Stringent labor laws can provide firms a commitment device to not punish short-run failures and thereby spur their employees to pursue value-enhancing innovative activities. Using patents and citations as proxies for innovation, we identify this effect by exploiting the time-series variation...
Persistent link: https://www.econbiz.de/10013069108
.world), with particular emphasis on the contrast between the trends observed in the United States, China, France, and the United …
Persistent link: https://www.econbiz.de/10012963762
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
This note lays out the basic Susceptible-Infected-Recovered (SIR) epidemiological model of contagion, with a target audience of economists who want a framework for understanding the effects of social distancing and containment policies on the evolution of contagion and interactions with the...
Persistent link: https://www.econbiz.de/10012838354
We estimate the degree of amp;apos;stickinessamp;apos; in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a...
Persistent link: https://www.econbiz.de/10012772369
This paper compares the role innovation plays in productivity across the four European countries France, Germany, Spain …
Persistent link: https://www.econbiz.de/10012778167
belligerents: Britain, France, Italy, Germany, and Austria-Hungary. At the outbreak of the war, these nations suspended …
Persistent link: https://www.econbiz.de/10012787085