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Safe Assets
Barro, Robert J. - 2014
safe assets. Therefore, in the equilibrium of a representative-agent version of this economy, the quantity of safe assets … quantity of safe assets ranges up to 15% of economy-wide assets (comprising the capitalized value of GDP). A disaster shock …
Persistent link: https://www.econbiz.de/10012458013
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Re-engineering Key National Economic Indicators
Ehrlich, Gabriel - 2019
pace with rapid changes in the economy. The digitization of virtually all market transactions offers the potential for re …
Persistent link: https://www.econbiz.de/10012480062
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Improving the Accessibility of the NBER's Historical Data
Feenberg, Daniel - 1995
During the early years of its existence, the National Bureau of Economic Research (NBER) assembled an extensive data set on all aspects of the pre-WWII macroeconomy. Until 1978, this data set existed only on the handwritten sheets to which the early NBER researchers copied the data from original...
Persistent link: https://www.econbiz.de/10012473693
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The Next Generation of the Penn World Table
Feenstra, Robert C. - 2013
We describe the theory and practice of real GDP comparisons across countries and over time. Effective with version 8, the Penn World Table (PWT) will be taken over by the University of California, Davis and the University of Groningen, with continued input from Alan Heston at the University of...
Persistent link: https://www.econbiz.de/10012459406
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The Digital Welfare of Nations : New Measures of Welfare Gains and Inequality
Brynjolfsson, Erik; Collis, Avinash; Liaqat, Asad; … - National Bureau of Economic Research - 2023
Digital goods can generate large benefits for consumers, but these benefits are largely unmeasured in the national accounts, including GDP and productivity. In this paper, we measure welfare gains from 10 popular digital goods across 13 countries by conducting large-scale incentivized online...
Persistent link: https://www.econbiz.de/10014372427
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The digital welfare of nations : new measures of welfare gains and inequality
Brynjolfsson, Erik; Collis, Avinash; Liaqat, Asad; … - 2023
Persistent link: https://www.econbiz.de/10015062430
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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
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Long-term effects of the Inca Road
Franco, Ana Paula; Galiani, Sebastián; Lavado, Pablo - National Bureau of Economic Research - 2021
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
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Propogation of Shocks in a High-Inflation Economy : Israel, 1980-85
Leiderman, Leonardo - 1986
-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