Narrow search
Showing 1 - 10 of 3,198
Cover Image
Central Bank Credibility, Reputation and Inflation Targeting in Historical Perspective
Bordo, Michael D. - 2014
the adoption of inflation targeting. However, the recent financial crisis and the call for central banks to focus more on …
Persistent link: https://www.econbiz.de/10013043621
Cover Image
Central Banks : Evolution and Innovation in Historical Perspective
Bordo, Michael D. - 2017
Central banks have evolved for close to four centuries. This paper argues that for two centuries central banks caught up to the strategies followed by the leading central banks of the era; the Bank of England in the eighteenth and nineteenth centuries and the Federal Reserve in the twentieth...
Persistent link: https://www.econbiz.de/10012947026
Cover Image
Central Bank Credibility : An Historical and Quantitative Exploration
Bordo, Michael D. - 2015
their role in influencing the credibility of the monetary authority. We focus on measures of inflation expectations, the … mean reversion properties of inflation, and indicators of exchange rate risk. In addition we place some emphasis on whether …
Persistent link: https://www.econbiz.de/10013030622
Cover Image
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
Cover Image
Central Bank Behavior and the Strategy of Monetary Policy : Observations from Six Industrialized Countries
Bernanke, Ben; Mishkin, Frederic S. - 2021
case studies is that central banks adopt money growth targets when inflation threatens to get out of control. Central banks …
Persistent link: https://www.econbiz.de/10013245111
Cover Image
Productivity and Machinery Investment : A Long Run Look 1870-1980
DeLong, J. Bradford - 2010
Over the past century the long-run growth of six economies shows a strong association between investment in machinery and economic growth that holds both within and across nations and periods. A similar strong association holds for the post-world War II period for a broader cross section of...
Persistent link: https://www.econbiz.de/10012763337
Cover Image
Post-War Economic Growth in the Group-of-Five Countries : a New Analysis
Boskin, Michael J.; Lau, Lawrence J. - 2021
Group-of-Five (G-5) countries: France, West Germany, Japan, United Kingdom and United states. It is assumed that all … France, West Germany and Japan, and between 8 and 10 percent per annum for the U.K. and the U.S. for the period under study …, the productive efficiencies of France, West Germany and Japan rose rapidly from less than 40 percent of the U.S. level in …
Persistent link: https://www.econbiz.de/10013216118
Cover Image
Were Trade and Factor Mobility Substitutes in History?
Collins, William J.; O'Rourke, Kevin H.; Williamson, … - 2021
Trade theorists have come to understand that their theory is ambiguous on the question: Are trade and factor flows substitutes? While this sounds like an open invitation for empirical research, hardly any serious econometric work has appeared in the literature. This paper uses history to fill...
Persistent link: https://www.econbiz.de/10013218517
Cover Image
Tastes and Technology in a Two-Country Model of the Business Cycle : Explaining International Comovements
Stockman, Alan C.; Tesar, Linda L. - 2021
This paper studies the international transmission of business cycles by developing a two-country real business-cycle model and confronting it with a broad set of empirical observations. These observations include variances and covariances of output, labor, consumption, employment, and investment...
Persistent link: https://www.econbiz.de/10013210682
Cover Image
The Global History of Corporate Governance : An Introduction
Steier, Lloyd - 2013
, Germany, Japan, India, Italy, the Netherlands, Sweden, the United Kingdom, and the United States. Together, the studies …This paper presents a synopsis of recent NBER studies of the history of corporate governance in Canada, China, France …
Persistent link: https://www.econbiz.de/10012754560