Showing 1 - 10 of 952
We review the evidence that artificial intelligence (AI) is having a large effect on the economy. Across a variety of …
Persistent link: https://www.econbiz.de/10012916895
This paper reviews six English-language books on the economy of Israel. Each book was written or edited by Israelis …, and each is from a different decade. The earliest book, Don Patinkin%u2019s The Israel Economy: The First Decade, was … written in the late 1950s, and the most recent volume, The Israeli Economy, 1985 - 1998: From Government Intervention to …
Persistent link: https://www.econbiz.de/10013220090
The paper opens with a description of the salient features of the Israeli economy. These consist of a large government … indexation of both wages and long term financial commitments. A descriptive model of the economy is then presented, which … includes the particular asset menu of the Israeli economy, and its properties examined. Finally,the rrodel is used in analyzing …
Persistent link: https://www.econbiz.de/10014118833
This paper places current efforts at international economic policy coordination in historical perspective. It argues that successful cooperation is most likely in four sets of circumstances. First, when it centers on technical issues. Second, when cooperation is institutionalized - when...
Persistent link: https://www.econbiz.de/10013091942
Herbert Hoover. I develop a theory of labor market failure for the Depression based on Hoover's industrial labor program that provided industry with protection from unions in return for keeping nominal wages fixed. I find that the theory accounts for much of the depth of the Depression and for...
Persistent link: https://www.econbiz.de/10013151056
economy that remained a region in a much larger national economy with one that evolved into an independent political unit …
Persistent link: https://www.econbiz.de/10013222238
more than longer time series or special `controlled experiments.' It suggests an historical definition of the economy … structure of the economy. This essay reviews American macroeconomic history to illustrate its potential uses and draw out …
Persistent link: https://www.econbiz.de/10013310134
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/10013137020
British Master and Servant law made employee contract breach a criminal offense until 1875. We develop a contracting model generating equilibrium contract breach and prosecutions, then exploit exogenous changes in output prices to examine the effects of labor demand shocks on prosecutions....
Persistent link: https://www.econbiz.de/10013124857
Persistent link: https://www.econbiz.de/10013068131