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Corporate Liquidity Management : A Conceptual Framework and Survey

Almeida, Heitor - 2013

Ensuring that a firm has sufficient liquidity to finance valuable projects that occur in the future is at the heart of the practice of financial management. Yet, while discussion of these issues goes back at least to Keynes (1936), a substantial literature on the ways in which firms manage...

Persistent link: https://www.econbiz.de/10012459161

Fiscal and Financial Crises

Bordo, Michael D. - 2016

Interconnections between banking crises and fiscal crises have a long history. We document the long-run evolution from classic banking panics towards modern banking crises where financial guarantees are associated with crisis resolution. Recent crises feature a feedback loop between bank...

Persistent link: https://www.econbiz.de/10012456615

Economic Impossibilities for our Grandchildren?

O'Rourke, Kevin Hjortshøj - 2015

The paper looks at the development of the secular stagnation thesis, in the context of the economic history of the time. It explores some 19th century antecedents of the thesis, before turning to its interwar development. Not only Alvin Hansen, but Keynes and Hicks were involved in the...

Persistent link: https://www.econbiz.de/10012456864

Long-Term Barriers to Economic Development

Spolaore, Enrico - 2013

What obstacles prevent the most productive technologies from spreading to less developed economies from the world … distances between populations, and document how such distances, relative to the world's technological frontier, act as barriers …

Persistent link: https://www.econbiz.de/10012459301

The Shape of Twentieth Century Economic History

DeLong, J. Bradford - 2000

The history of the twentieth century can be summarized excessively briefly in five propositions: First, that the history of the twentieth century was overwhelmingly economic history. Second, that the twentieth century saw the material wealth of humankind explode beyond all previous imagining....

Persistent link: https://www.econbiz.de/10012471206

History as Evolution

Nunn, Nathan - 2020

. I begin the chapter by discussing the theory behind cultural evolution and the empirical evidence supporting its ability …

Persistent link: https://www.econbiz.de/10012481254

Historical Macroeconomics and American Macroeconomic History

Calomiris, Charles W. - 1994

What can macroeconomic history offer macroeconomic theorists and macroeconometricians? Macroeconomic history offers more than longer time series or special `controlled experiments.' It suggests an historical definition of the economy, which has implications for macroeconometric methods. The...

Persistent link: https://www.econbiz.de/10012473969

Economic Cycles in Ancient China

Zhang, Yaguang - 2015

We discuss business cycles in ancient China. Data on Ancient China business cycles are sparse and incomplete and so our discussion is qualitative rather than quantitative. Essentially, ancient debates focused on two types of cycles: long run political or dynastic cycles of many decades, and...

Persistent link: https://www.econbiz.de/10012456997

Learning from Ricardo and Thompson : Machinery and Labor in the Early Industrial Revolution, and in the Age of AI

Acemoglu, Daron; Johnson, Simon - National Bureau of Economic Research - 2024

David Ricardo initially believed machinery would help workers but revised his opinion, likely based on the impact of automation in the textile industry. Despite cotton textiles becoming one of the largest sectors in the British economy, real wages for cotton weavers did not rise for decades. As...

Persistent link: https://www.econbiz.de/10014544695

Theory and Measurement : Emergence, Consolidation and Erosion of a Consensus

Biddle, Jeff E. - 2016

We identify three separate stages in the post-World War II history of applied microeconomic research: A generally non … abandonment of economic theory in applied work in the "experimentalist paradigm." We document the changes implied by the changing …-55, 1974-75 and 2007-08. We also show that, despite the partial abandonment of theory by applied microeconomists, the labor …

Persistent link: https://www.econbiz.de/10012456423

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