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Why is Growth better in the United States than in other Industrial Countries
Feldstein, Martin S. - 2017
Although the official statistics imply that the rate of growth of real GDP in the United States has declined in recent years, it has still been substantially higher than the real growth rates in Europe and the other industrial countries, leading to higher real per capita incomes. This paper...
Persistent link: https://www.econbiz.de/10012455460
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The U.S. Left Behind : The Rise of IPO Activity Around the World
Doidge, Craig - 2011
During the past two decades, there has been a dramatic change in IPO activity around the world. Though vibrant IPO … the U.S. has fallen compared to the rest of the world and U.S. firms go public less than expected based on the economic …
Persistent link: https://www.econbiz.de/10012461741
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Portage : Path Dependence and Increasing Returns in U.S. History
Bleakley, Hoyt - 2010
We examine portage sites in the U.S. South, Mid-Atlantic, and Midwest, including those on the fall line, a geomorphologic feature in the southeastern U.S. marking the final rapids on rivers before the ocean. Historically, waterborne transport of goods required portage around the falls at these...
Persistent link: https://www.econbiz.de/10012462343
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Productivity Growth and Levels in France, Japan, the United Kingdom and the United States in the Twentieth Century
Cette, Gilbert - 2009
the United Kingdom and become the leading world economy. During the past 25 years, the four countries have also …Most recently (in 2006), before the current financial world crisis, hourly labor productivity levels were slightly … to France and Japan, a relative decline that was interrupted by the second world war (WW2); (iii) the remarkable catching …
Persistent link: https://www.econbiz.de/10012463072
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Two Centuries of Finance and Growth in the United States, 1790-1980
Bodenhorn, Howard - 2016
Do efficient financial markets and institutions promote economic growth? Have they done so in the past? In this essay, to be included in the Handbook of Finance and Development (edited by Thorsten Beck and Ross Levine), I survey a large and diverse historical literature that explores the...
Persistent link: https://www.econbiz.de/10012456028
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The Imbalances of the Bretton Woods System 1965 to 1973 : U.S. Inflation, The Elephant in the Room
Bordo, Michael D. - 2018
the rest of the world rather than focusing on issues with U.S. monetary and fiscal policies. In addition, at the urging of …
Persistent link: https://www.econbiz.de/10012481056
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The Smoot-Hawley Trade War
Mitchener, Kris; Wandschneider, Kirsten; O'Rourke, … - National Bureau of Economic Research - 2021
We document the outbreak of a trade war after the U.S. adopted the Smoot-Hawley tariff in June 1930. U.S. trade partners initially protested the possible implementation of the sweeping tariff legislation, with many eventually choosing to retaliate by increasing their tariffs on imports from the...
Persistent link: https://www.econbiz.de/10012496170
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Market Potential and the Rise of US Productivity Leadership
Liu, Dan - 2013
The US advantage in per capita output, apparent from the late 19th century, is frequently attributed to its relatively large domestic market. We construct market potential measures for the US and 26 other countries between 1880 and 1913 based on a general equilibrium model of production and...
Persistent link: https://www.econbiz.de/10012459843
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The US Economic Model at Y2K : Lodestar for Advanced Capitalism?
Freeman, Richard B. - 2000
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/10012470993
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Illuminating the Effects of the US-China Tariff War on China's Economy
Chor, Davin; Li, Bingjing - National Bureau of Economic Research - 2021
How much has the US-China tariff war impacted economic outcomes in China? We address this question using high-frequency night lights data, together with measures of the trade exposure of fine grid locations constructed from Chinese firms' geo-coordinates. Exploiting within-grid variation over...
Persistent link: https://www.econbiz.de/10012660027