Showing 1 - 10 of 641
This survey reviews the broad changes in U.S. trade policy over the course of the nation's history. Import tariffs have … been the main instrument of trade policy and have had three main purposes: to raise revenue for the government, to restrict … imports and protect domestic producers from foreign competition, and to reach reciprocity agreements that reduce trade …
Persistent link: https://www.econbiz.de/10012480200
In his seminal publications between the 1930s and 1960s, Frederick Lane offered three hypotheses regarding the impact of the Voyages of Discovery that have guided debate ever since. First, pepper and other spice prices did not rise in European markets in the century before the 1490s, and thus...
Persistent link: https://www.econbiz.de/10012466787
We document the outbreak of a trade war after the U.S. adopted the Smoot-Hawley tariff in June 1930. U.S. trade … retaliate by increasing their tariffs on imports from the United States. Using a new quarterly dataset on bilateral trade for 99 … possible mechanism whereby the U.S. was targeted despite countries' MFN obligations. The retaliators' welfare gains from trade …
Persistent link: https://www.econbiz.de/10012496170
-rediscovered Roman and Canon law; students with legal training served in positions that reduced the uncertainty of trade in medieval …
Persistent link: https://www.econbiz.de/10012460680
During the Progressive Era (1900-29), economic growth was rapid but volatile. Boom and busts witnessed the formation and failure of tens of thousands of firms and thousands of banks. This essay uses new data and methods to identify causal links between failures of banks and bankruptcies of...
Persistent link: https://www.econbiz.de/10014528384
In this paper, we highlight the potential for linked employer-employee data to be used in entrepreneurship research, describing new data on business start-ups, their founders and early employees, and providing examples of how they can be used in entrepreneurship research. Linked...
Persistent link: https://www.econbiz.de/10012457030
We use the 2020 Small Business Credit Survey to study the sources of racial disparities in use of the Paycheck Protection Program (PPP). Black-owned firms are 8.9 percentage points less likely than observably similar white-owned firms to receive PPP loans. About 55% of this take-up disparity is...
Persistent link: https://www.econbiz.de/10014250189
and retail trade, real estate, and finance together produced more millionaires than manufacturing. Real estate and finance …
Persistent link: https://www.econbiz.de/10012464093
cold and warm regions alike and in industries that are not directly related to mining, such as trade, finance and services …
Persistent link: https://www.econbiz.de/10012460330
One approach to urban areas emphasizes the existence of certain immutable relationships, such as Zipf's or Gibrat's Law. An alternative view is that urban change reflects individual responses to changing tastes or technologies. This paper examines almost 200 years of regional change in the U.S....
Persistent link: https://www.econbiz.de/10012461723