Showing 1 - 10 of 678
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 shows that the result of Ju and Krishna (2002, 2005), i.e., the non-monotonicity in the comparative statics across regimes, disappears, if exporters differ in their productivities, which provides very different predictions about the results of policy changes
Persistent link: https://www.econbiz.de/10012777451
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
What explains the success of Mauritius, a top performer among African countries? It has mostly followed growth-enhancing policies, which can in turn be attributed to sound institutions. But from where did the institutions come? Mauritius chose well around the time of independence in 1968, for...
Persistent link: https://www.econbiz.de/10013135244
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