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Growth, Import Dependence and War
Bonfatti, Roberto - 2018
have argued that trade makes war less likely, yet World War I erupted at a time of unprecedented globalization. This paper …
Persistent link: https://www.econbiz.de/10012937867
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Perceived FOMC : The Making of Hawks, Doves and Swingers
Bordo, Michael D. - 2018
Narrative records in US newspapers reveal that about 70 percent of Federal Open Market Committee (FOMC) members who served during the last 55 years are perceived to have had persistent policy preferences over time, as either inflation-fighting hawks or growth-promoting doves. The rest are...
Persistent link: https://www.econbiz.de/10012918077
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National Sovereignty in an Interdependent World
Bagwell, Kyle; Staiger, Robert W. - 2022
(Nash) world in which there exist no international agreements of any kind. And with national sovereignty characterized in … this benchmark world, we then evaluate the extent to which national sovereignty is compromised by international agreements …What are the sovereign rights of nations in an interdependent world, and to what extent do these rights stand in the …
Persistent link: https://www.econbiz.de/10014073672
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Domestic Policies, National Sovereignty and International Economic Institutions
Bagwell, Kyle; Staiger, Robert W. - 2021
in an interdependent world? This question is at the center of the debate over the future role of GATT (and its successor … labor and environmental policies, and would lead to a significant loss of sovereignty for national governments. In this … labor and environmental standards, and that with relatively modest changes that grant governments more sovereignty, not less …
Persistent link: https://www.econbiz.de/10013312480
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"Make Us a King" : Anarchy, Predation, and the State
Grossman, Herschel I. - 2021
In order to enforce a collective choice to allocate resource to guarding against predators producers must subject themselves to the state's sovereign power to tax and to spend. But these sovereign powers in hand the state can exploit the producers by taxing and spending for its" own purposes....
Persistent link: https://www.econbiz.de/10013242903
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Pandemic, War, Inflation : Oil Markets at a Crossroads?
Baumeister, Christiane - 2023
The COVID-19 pandemic as well as the Russian invasion of Ukraine have had profound effects on the global energy landscape, with some of the longer-lasting effects still unfolding. This paper discusses how these events have reshaped the supply side of the global oil market by focusing on...
Persistent link: https://www.econbiz.de/10014346319
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Demographic Transitions Across Time and Space
Delventhal, Matt; Fernández-Villaverde, Jesús; Guner, … - 2023
The demographic transition --the move from a high fertility/high mortality regime into a low fertility/low mortality regime-- is one of the most fundamental transformations that countries undertake. To study demographic transitions across time and space, we compile a data set of birth and death...
Persistent link: https://www.econbiz.de/10014346455
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Pollution Trends and Us Environmental Policy : Lessons from the Last Half Century
Shapiro, Joseph S. - 2023
This article proposes and evaluates four hypotheses about US pollution and environmental policy over the last half century. First, air and water pollution have declined substantially, although greenhouse gas emissions have not. Second, environmental policy explains a large share of these trends....
Persistent link: https://www.econbiz.de/10014346521
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Uber and Alcohol-Related Traffic Fatalities
Anderson, Michael L.; Davis, Lucas - 2023
Previous studies of the effect of ridesharing on traffic fatalities have yielded inconsistent, often contradictory conclusions. In this paper we revisit this question using proprietary data from Uber measuring monthly rideshare activity at the Census tract level. Most previous studies are based...
Persistent link: https://www.econbiz.de/10014348062
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Sovereign Risk and Financial Risk
Gilchrist, Simon; Wei, Bin; Yue, Vivian Z.; Zakrajsek, Egon - 2023
In this paper, we study the interplay between sovereign risk and global financial risk. We show that a substantial portion of the comovement among sovereign spreads is accounted for by changes in global financial risk. We construct bond-level sovereign spreads for dollar-denominated bonds issued...
Persistent link: https://www.econbiz.de/10014351701