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1
Central Bank Credibility : An Historical and Quantitative Exploration
Bordo, Michael D.
-
2015
In this paper we provide empirical measures of central bank credibility and augment these with historical narratives from eleven countries. To the extent we are able to apply reliable institutional information we can also indirectly assess their role in influencing the credibility of the...
Persistent link: https://www.econbiz.de/10012457842
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2
Central Bank Credibility, Reputation and Inflation Targeting in Historical Perspective
Bordo, Michael
-
2014
This paper examines the historical evolution of central bank credibility using both historical narrative and empirics for a group of 16 countries, both advanced and emerging. It shows how the evolution of credibility has gone through a pendulum where credibility was high under the classical gold...
Persistent link: https://www.econbiz.de/10012457973
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3
Were Trade and Factor Mobility Substitutes in History?
Collins, William J.
-
1997
Trade theorists have come to understand that their theory is ambiguous on the question: Are trade and factor flows substitutes? While this sounds like an open invitation for empirical research, hardly any serious econometric work has appeared in the literature. This paper uses history to fill...
Persistent link: https://www.econbiz.de/10012472755
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4
Central Banks : Evolution and Innovation in Historical Perspective
Bordo, Michael D.
-
2017
Central banks have evolved for close to four centuries. This paper argues that for two centuries central banks caught up to the strategies followed by the leading central banks of the era; the Bank of England in the eighteenth and nineteenth centuries and the Federal Reserve in the twentieth...
Persistent link: https://www.econbiz.de/10012453864
Saved in:
5
Global Trends in Income Inequality and Income Dynamics : New Insights from GRID
Guvenen, Fatih
;
Pistaferri, Luigi
;
Violante, Giovanni L.
-
National Bureau of Economic Research
-
2022
The Global Repository of Income Dynamics (GRID) is a new open-access, cross- country database that contains a wide range of micro statistics on income inequality, dynamics, and mobility. It has four key characteristics: it is built on micro panel data drawn from administrative records; it fully...
Persistent link: https://www.econbiz.de/10013388880
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6
Does Management Matter in Schools
Bloom, Nicholas
-
2014
outcomes. The UK, Sweden, Canada and the US obtain the highest management scores closely followed by
Germany
, with a gap to …
Italy
, Brazil and then finally India. We also show that autonomous government schools (i.e. government funded but with …
Persistent link: https://www.econbiz.de/10012457998
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7
International Evidence on Sticky Consumption Growth
Carroll, Christopher D.
-
2008
We estimate the degree of 'stickiness' in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a stickiness...
Persistent link: https://www.econbiz.de/10012464771
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8
The Returns to Computer Use Revisited : Have Pencils Changed the Wage Structure Too?
DiNardo, John E.
-
1996
unobserved heterogeneity? We examine this issue with three large cross-sectional surveys from
Germany
. First, we confirm that the … estimated wage differentials associated with computer use in
Germany
are very similar to the U.S. differential. Second, using …
Persistent link: https://www.econbiz.de/10012473239
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9
Advance Market Commitments : Insights from Theory and Experience
Kremer, Michael
-
2020
Ten years ago, donors committed $1.5 billion to a pilot Advance Market Commitment (AMC) to help purchase pneumococcal vaccine for low-income countries. The AMC aimed to encourage the development of such vaccines, ensure distribution to children in low-income countries, and pilot the AMC...
Persistent link: https://www.econbiz.de/10012479299
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10
One Cohort at a Time : A New Perspective on the Declining Gender Pay Gap
Arellano-Bover, Jaime
;
Bianchi, Nicola
;
Lattanzio, Salvatore
-
National Bureau of Economic Research
-
2024
younger workers, analyzing data from the United States,
Italy
, Canada, and the United Kingdom. We propose a model of the labor …
Persistent link: https://www.econbiz.de/10014576641
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