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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
This paper considers the role of policy in an AI-intensive economy (interpreting AI broadly). It emphasizes the speed …
Persistent link: https://www.econbiz.de/10012918072
to be the peak capitalist economy in the new information economy. This paper develops criterion for judging peak status … workers, continued full employment will greatly strengthen the case for the US as peak economy. But with anything less than … full employment the US economy will lose its luster. Even if this occurs, however, the US record in employing women and …
Persistent link: https://www.econbiz.de/10013240540
watch property rights were reallocated through land laws, and Mexico's economy became much more closely tied to the United …
Persistent link: https://www.econbiz.de/10012772383
We study the link between fiscal austerity and Nazi electoral success. Voting data from a thousand districts and a hundred cities for four elections between 1930 and 1933 shows that areas more affected by austerity (spending cuts and tax increases) had relatively higher vote shares for the Nazi...
Persistent link: https://www.econbiz.de/10012941600
The global economy has been buffeted by several unprecedented economic events during the past 35 years. We survey the … during this time, from a low income high-inflation developing economy in the 1970s, to a medium to high income stable …- inflation advanced economy in the 2000s, while increasingly integrated into the world economy. The extraordinary events surveyed …
Persistent link: https://www.econbiz.de/10012984097
growth or contraction of the economy. What mattered was not simply growth at the time of the election but cumulative growth …
Persistent link: https://www.econbiz.de/10013110236
during the period of Japan's bubble economy and subsequent stagnation. The yen experienced epic gyrations over that period … the price of oil. Since the mid-1990s, the yen's real exchange rate has generally followed a depreciating trend and Japan …
Persistent link: https://www.econbiz.de/10012757671
this line of research to Asia. Japan imposed its system of well-defined property rights in land on some of its Asian … colonies, including Korea, Taiwan and Palau. In 1939 Japan began to survey and register private land in its island colonies, an … land registration obsolete. Third, considering all of Japan's colonies, we use the presence or absence of a land survey as …
Persistent link: https://www.econbiz.de/10013135762
Japan's successful industrialization in the late 19th and early 20th century largely exhausted its then abundant … natural resources. Rather than exemplifying rapid development in the absence of natural resources, Japan shows how laissez … resources curse that undermined its prior state-led industrialization strategy. Japan's post-WWII reconstruction relied little …
Persistent link: https://www.econbiz.de/10012978520