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several former colonies of Great Britain: the United States, Canada, Australia, New Zealand and South Africa. We trace out …
Persistent link: https://www.econbiz.de/10012468857
. Australia and California are two economies having the rare distinction of achieving 150 years of sustained high and rising … economy that remained a region in a much larger national economy with one that evolved into an independent political unit … controls over immigration or capital movements, or trade policy. Australia did, and after 1900 pursued an increasingly …
Persistent link: https://www.econbiz.de/10012470310
the aggregate real rate of return in the economy? Is it higher than the growth rate of the economy and, if so, by how much …
Persistent link: https://www.econbiz.de/10012453601
one takes account of Greenbook's advantage in evaluating the current state of the economy, neither large dataset methods …
Persistent link: https://www.econbiz.de/10012465253
basis of the state of the economy; public opinion polls; and election betting (prediction markets). We assess the efficacy …. While the evidence for economic voting has historically been weak for Australia, the 2004 election suggests an increasingly …
Persistent link: https://www.econbiz.de/10012466616
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
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
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
The Inca Empire was the last of a long series of highly developed cultures in pre-colonial South America. It stretched across parts of the current territories of Argentina, Bolivia, Chile, Colombia, Ecuador and the whole of Peru. The Inca Road was its 30,000-kilometer-long transportation system....
Persistent link: https://www.econbiz.de/10012599269
-inflation economy. Do one-time inflationary shocks give rise to long-term persistence, or inertia? Do balance of payments' shocks …
Persistent link: https://www.econbiz.de/10012477068