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Data Gaps and the Policy Response to the Novel Coronavirus
Stock, James H. - 2020
This note lays out the basic Susceptible-Infected-Recovered (SIR) epidemiological model of contagion, with a target audience of economists who want a framework for understanding the effects of social distancing and containment policies on the evolution of contagion and interactions with the...
Persistent link: https://www.econbiz.de/10012838354
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Currency Mismatches, Default Risk, and Exchange Rate Depreciation : Evidence from the End of Bimetallism
Bordo, Michael D. - 2010
an improved current account). France%u2019s decision to suspend the free coinage of silver in 1876 played a paramount … that France%u2019s decision to end bimetallism was exogenous from the viewpoint of countries on the silver standard. To …
Persistent link: https://www.econbiz.de/10012761340
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New Evidence on the First Financial Bubble
Frehen, Rik - 2015
of two large firms: the South Sea Company in Great Britain and the Mississippi Company in France. In this paper we …
Persistent link: https://www.econbiz.de/10013039339
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Does Trade Cause Capital to Flow? Evidence from Historical Rainfall
Kalemli-Ozcan, Sebnem; Nikolsko‐Rzhevskyy, Alex; … - 2021
, France, and the U.K., during the period of 1859–1913. The identification is based on the following historical facts: First … exported to Germany, France, and the U.K. by the Empire. Using the export-bundle-weighted regional rainfall as an instrument …
Persistent link: https://www.econbiz.de/10013231603
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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 Elasticity of Demand with Respect to Product Failures; or Why the Market for Quack Medicines Flourished for More than 150 Years
Troesken, Werner - 2010
Between 1810 and 1939, real per capita spending on patent medicines grew by a factor of 114; real per capita GDP by a factor of 5. The long-term growth and survival this industry is puzzling when juxtaposed with standard historical accounts, which typically portray patent medicines as quack...
Persistent link: https://www.econbiz.de/10013148381
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The Incentive Effects of Marginal Tax Rates : Evidence from the Interwar Era
Romer, Christina D. - 2012
This paper uses the interwar period in the United States as a laboratory for investigating the incentive effects of changes in marginal income tax rates. Marginal rates changed frequently and drastically in the 1920s and 1930s, and the changes varied greatly across income groups at the top of...
Persistent link: https://www.econbiz.de/10013110244
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International Evidence on Sticky Consumption Growth
Carroll, Christopher D. - 2008
We estimate the degree of amp;apos;stickinessamp;apos; in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a...
Persistent link: https://www.econbiz.de/10012772369
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The Wealthy Hand-to-Mouth
Kaplan, Greg - 2014
accounts). We use survey data on household portfolios for the U.S., Canada, Australia, the U.K., Germany, France, Italy, and …
Persistent link: https://www.econbiz.de/10013054868
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Challenges in Banking the Rural Poor : Evidence from Kenya's Western Province
Dupas, Pascaline - 2013
Most people in rural Africa do not have bank accounts. In this paper, we combine experimental and survey evidence from Western Kenya to document some of the supply and demand factors behind such low levels of financial inclusion. Our experiment had two parts. In the first part, we waived the...
Persistent link: https://www.econbiz.de/10013091570