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macro economy. Using a panel of 131 monthly macroeconomic time series for the sample 1964:1-2007:12, we estimate 8 static …
Persistent link: https://www.econbiz.de/10013152009
This paper considers the role of policy in an AI-intensive economy (interpreting AI broadly). It emphasizes the speed …
Persistent link: https://www.econbiz.de/10012918072
to be the peak capitalist economy in the new information economy. This paper develops criterion for judging peak status … workers, continued full employment will greatly strengthen the case for the US as peak economy. But with anything less than … full employment the US economy will lose its luster. Even if this occurs, however, the US record in employing women and …
Persistent link: https://www.econbiz.de/10013240540
watch property rights were reallocated through land laws, and Mexico's economy became much more closely tied to the United …
Persistent link: https://www.econbiz.de/10012772383
We study the link between fiscal austerity and Nazi electoral success. Voting data from a thousand districts and a hundred cities for four elections between 1930 and 1933 shows that areas more affected by austerity (spending cuts and tax increases) had relatively higher vote shares for the Nazi...
Persistent link: https://www.econbiz.de/10012941600
The global economy has been buffeted by several unprecedented economic events during the past 35 years. We survey the … during this time, from a low income high-inflation developing economy in the 1970s, to a medium to high income stable …- inflation advanced economy in the 2000s, while increasingly integrated into the world economy. The extraordinary events surveyed …
Persistent link: https://www.econbiz.de/10012984097
growth or contraction of the economy. What mattered was not simply growth at the time of the election but cumulative growth …
Persistent link: https://www.econbiz.de/10013110236
of portfolio rebalancing to back out investors' views, specifically their views about the state of the economy. We show … foot-print of sector rotation has predictive power for the evolution of the economy and future bond market returns, even …
Persistent link: https://www.econbiz.de/10013135882
Asset prices and the equity premium might reflect doubts and pessimism. Introducing these features in an otherwise standard New-Keynesian model changes in a quite substantial way the nature of the policy that maximizes the welfare of the consumers in the model. First, following productivity...
Persistent link: https://www.econbiz.de/10013137729
We analyze the link between economic conditions and the quality of suicide terrorism. While the existing empirical literature shows that poverty and economic conditions are not correlated with the quantity of terror, theory predicts that poverty and poor economic conditions may affect the...
Persistent link: https://www.econbiz.de/10013138762