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Will China Eat Our Lunch or Take Us Out to Dinner? Simulating the Transition Paths of the U.S., EU, Japan, and China

Fehr, Hans - 2005

fall, the West and Japan see it rise by one fifth by 2030 and by three fifths by 2100. These wage increases are over and …, and economic transition paths of China, Japan, the U.S., and the EU. Each of these countries/regions is entering a period …

Persistent link: https://www.econbiz.de/10012467008

Monetary Policy and Performance in the U.S., Japan and Europe, 1973-86

Fischer, Stanley - 1987

Monetary policies in the U.S., Japan, Germany and the United Kingdom over the period 1973-1986 are compared and … Bundesbank and the Bank of Japan each focus on one money target, described by the Bundesbank as a target, and by the Bank of … Japan as a projection. None of the countries has stuck rigorously to the targets, though the Bank of Japan has come close …

Persistent link: https://www.econbiz.de/10012476592

Simulating the Elimination of the U.S. Corporate Income Tax

Fehr, Hans - 2013

We simulate corporate tax reform in a single good, five-region (U.S., Europe, Japan, China, India) model, featuring …

Persistent link: https://www.econbiz.de/10012458906

Decomposing the great trade collapse : products, prices, and quantities in the 2008-2009 crisis

Haddad, Mona - 2011

"We identify a new set of stylized facts on the 2008-2009 trade collapse that we hope can be used to shed light on the importance of demand and supply-side factors in explaining the fall in trade. In particular, we decompose the fall in international trade into product entry and exit, price...

Persistent link: https://www.econbiz.de/10011395038

Price Level Convergence Among United States Cities : Lessons for the European Central Bank

Cecchetti, Stephen G. - 2000

We study the dynamics of price indices for major U.S. cities using panel econometric methods and find that relative price levels among cities mean revert at an exceptionally slow rate. In a panel of 19 cities from 1918 to 1995, we estimate the half-life of convergence to be approximately nine...

Persistent link: https://www.econbiz.de/10012471080

Eurosystem Monetary Targeting : Lessons from U.S. Data

Rudebusch, Glenn D. - 1999

Using a small empirical model of inflation, output, and money estimated on U.S. data, we compare the relative performance of monetary targeting and inflation targeting. The results show that monetary targeting would be quite inefficient, with both higher inflation and output variability. This is...

Persistent link: https://www.econbiz.de/10012471609

Addressing Biases that Impact Homeowners' Adoption of Solar Panels

Kunreuther, Howard; Polise, Anna; Spellmeyer, Quinlyn - National Bureau of Economic Research - 2021

Solar power is now economically competitive with fossil fuels in many countries, yet relatively few homeowners have installed solar panels on their property. A principal reason for this behavior stems from cognitive biases--such as myopia, inertia and herding--that cause consumers to avoid...

Persistent link: https://www.econbiz.de/10012510556

U.S. Budget Deficits and the European Economies : Resolving the Political Economy Puzzle

Feldstein, Martin - 1986

This paper, prepared for the annual meetings of the American Economic Association, discusses how the increases in the U.S. budget deficits since 1980 have affected the economies of Western Europe. The analysis emphasizes that U.S. deficits have not only affected these economies directly but have...

Persistent link: https://www.econbiz.de/10012477287

The International Linkage of Real Interest Rates : The European - U.S. Connection

Cumby, Robert E. - 1984

Casual observation indicates that in recent years real interest rates in the United States appear to have risen sharply and have remained high relative to historical standards. Many observers have claimed that these high real rates have been transmitted abroad and have lead to high real rates in...

Persistent link: https://www.econbiz.de/10012477666

Trade and Structural Interdependence Between the U.S. and the NICs

Branson, William H. - 1984

During the decade since 1973, the U.S. economy has become increasingly interdependent with the newly industrializing countries (NICs) among the developing countries. These countries have had high investment ratios to GNP, financed mainly by domestic saving, but also partly by foreign borrowing....

Persistent link: https://www.econbiz.de/10012477813

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