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Emerging Financial Markets and Early U.S. Growth
Rousseau, Peter L. - 1999
. The analysis includes a set of multivariate time series models that relate measures of banking and equity market activity …
Persistent link: https://www.econbiz.de/10012471335
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Banks, Free Banks, and U.S. Economic Growth
Jaremski, Matthew - 2012
The "Federalist financial revolution" may have jump-started the U.S. economy into modern growth, but the Free Banking … System (1837-1862) did not play a direct role in sustaining it. Despite lowering entry barriers and extending banking into …
Persistent link: https://www.econbiz.de/10012460638
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Did Railroads Make Antebellum U.S. Banks More Sound?
Atack, Jeremy - 2014
" banking outcomes. Although railroads improved economic conditions along their routes, we offer evidence of another channel …
Persistent link: https://www.econbiz.de/10012458632
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Legal-Political Factors and the Historical Evolution of the Finance-Growth Link
Bordo, Michael D. - 2006
Recent cross-country investigations of the role of institutional fundamentals such as the protection of property rights in promoting financial development have extended a literature that has for decades maintained that financial factors can affect real outcomes. In this paper we pursue this new...
Persistent link: https://www.econbiz.de/10012466634
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The Demise of U.S. Economic Growth : Restatement, Rebuttal, and Reflections
Gordon, Robert J. - 2014
The United States achieved a 2.0 percent average annual growth rate of real GDP per capita between 1891 and 2007. This paper predicts that growth in the 25 to 40 years after 2007 will be much slower, particularly for the great majority of the population. Future growth will be 1.3 percent per...
Persistent link: https://www.econbiz.de/10012458768
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Is U.S. Economic Growth Over? Faltering Innovation Confronts the Six Headwinds
Gordon, Robert J. - 2012
human history. The paper is only about the United States and views the future from 2007 while pretending that the financial …
Persistent link: https://www.econbiz.de/10012460333
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A New Interpretation of Productivity Growth Dynamics in the Pre-Pandemic and Pandemic Era U.S. Economy, 1950-2022
Gordon, Robert J.; Sayed, Hassan - National Bureau of Economic Research - 2022
The dismal decade of 2010-19 recorded the slowest productivity growth of any decade in U.S. history, only 1.1 percent …
Persistent link: https://www.econbiz.de/10013334484