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Productivity Growth and Levels in France, Japan, the United Kingdom and the United States in the Twentieth Century
Cette, Gilbert - 2010
This study compares labor and total factor productivity (TFP) in France, Japan, the United Kingdom and the United … extent also to France and Japan, a relative decline that was interrupted by the second world war (WW2); (iii) the remarkable … catching-up to the United States by France and Japan after WW2, that stopped in the case of Japan during the 1990s. Capital …
Persistent link: https://www.econbiz.de/10013149831
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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
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Global Yield Curve Dynamics and Interactions : A Dynamic Nelson-Siegel Approach
Diebold, Francis X. - 2010
-specific factors. In an empirical analysis of term structures of government bond yields for the Germany, Japan, the U.K. and the U …
Persistent link: https://www.econbiz.de/10012759705
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Stock Return Predictability : Is it There?
Bekaert, Geert - 2010
We ask whether stock returns in France, Germany, Japan, the UK and the US are predictable by three instruments: the …
Persistent link: https://www.econbiz.de/10012763174
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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
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International Comparisons of Pricing-to-Market Behavior
Knetter, Michael M. - 2010
the U.S. from Germany and Japan is similar to price adjustment observed on shipments to other destinations. Most variation …
Persistent link: https://www.econbiz.de/10012763503
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Characterizing Predictable Components in Excess Returns on Equity and Foreign Exchange Markets
Bekaert, Geert - 2009
The paper characterizes predictable components in excess rates of returns on major equity and foreign exchange markets using lagged excess returns, dividend yields, and forward premiums as instruments. Vector autoregressive techniques demonstrate one-step-ahead predictability and provide implied...
Persistent link: https://www.econbiz.de/10012767709
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Central Bank Credibility, Reputation and Inflation Targeting in Historical Perspective
Bordo, Michael D. - 2014
This paper examines the historical evolution of central bank credibility using both historical narrative and empirics for a group of 16 countries, both advanced and emerging. It shows how the evolution of credibility has gone through a pendulum where credibility was high under the classical gold...
Persistent link: https://www.econbiz.de/10013043621
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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
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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