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Modern Macroeconomics in Practice : How Theory is Shaping Policy
Chari, Varadarajan V. - 2010
Theoretical advances in macroeconomics made in the last three decades have had a major influence on macroeconomic policy analysis. Moreover, over the last several decades, the United States and other countries have undertaken a variety of policy changes that are precisely what macroeconomic...
Persistent link: https://www.econbiz.de/10012760693
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Theory, General Equilibrium and Political Economy in Development Economics
Acemoglu, Daron - 2010
I discuss the role of economic theory in empirical work in development economics with special emphasis on general equilibrium and political economy considerations. I argue that economic theory plays (should play) a central role in formulating models, estimates of which can be used for...
Persistent link: https://www.econbiz.de/10013144167
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Policy Evaluation in Uncertain Economic Environments
Brock, William A.; Durlauf, Steven N.; West, Kenneth D. - 2021
This paper develops a decision-theoretic approach to policy analysis. We argue that policy evaluation should be conducted on the basis of two factors: the policymaker's preferences, and the conditional distribution of the outcomes of interest given a policy and available information. From this...
Persistent link: https://www.econbiz.de/10013226952
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Emigration During the French Revolution : Consequences in the Short and Longue Durée
Franck, Raphael - 2017
During the French Revolution, more than 100,000 individuals, predominantly supporters of the Old Regime, fled France …
Persistent link: https://www.econbiz.de/10012945603
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The Price of Stability : The Balance Sheet Policy of the Banque De France and the Gold Standard (1880-1914)
Bazot, Guillaume - 2014
Under the classical gold standard (1880-1914), the Bank of France maintained a stable discount rate while the Bank of …, differ so much? How did the Bank of France manage to keep a stable rate and continuously violate the "rules of the game …"? This paper tackles these questions and shows that the domestic asset portfolio of the Bank of France played a crucial role …
Persistent link: https://www.econbiz.de/10013046162
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The Global History of Corporate Governance : An Introduction
Steier, Lloyd - 2013
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
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Careers and Canvases : The Rise of the Market for Modern Art in the Nineteenth Century
Galenson, David W. - 2020
This paper reexamines the process by which a market for a new product modern painting emerged in Paris in the nineteenth century. Contrary to the accepted account, in which the monopoly of the official Salon was replaced by a competitive market operated by private dealers, we find that the Salon...
Persistent link: https://www.econbiz.de/10012831980
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Supply-Side Policies in the Depression : Evidence from France
Cohen-Setton, Jeremie - 2016
evidence from France in the 1930s. In 1936, France departed from the gold standard and implemented mandatory wage increases and …
Persistent link: https://www.econbiz.de/10012995511
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Designing Women : Consumer Goods Innovations in Britain, France and the United States, 1750-1900
Khan, B. Zorina - 2017
in industrial fairs and prize-granting institutions in Britain, France and the United States, compared to parallel …
Persistent link: https://www.econbiz.de/10012964884
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The Consequences of Radical Reform : The French Revolution
Acemoglu, Daron; Cantoni, Davide; Johnson, Simon; … - 2022
The French Revolution of 1789 had a momentous impact on neighboring countries. The French Revolutionary armies during the 1790s and later under Napoleon invaded and controlled large parts of Europe. Together with invasion came various radical institutional changes. French invasion removed the...
Persistent link: https://www.econbiz.de/10014209326