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A Long Term Perspective on the Euro
Bordo, Michael D. - 2008
This study grounds the establishment of EMU and the euro in the context of the history of international monetary cooperation and of monetary unions, above all in the U.S., Germany and Italy. The purpose of national monetary unions was to reduce transactions costs of multiple currencies and...
Persistent link: https://www.econbiz.de/10012464832
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Long-Term Barriers to the International Diffusion of Innovations
Spolaore, Enrico - 2011
explain international technology diffusion is genetic distance relative to the world technological frontier ("relative …
Persistent link: https://www.econbiz.de/10012461386
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Is the Global Economy Deglobalizing? And if so, why? And what is next?
Goldberg, Pinelopi K.; Reed, Tristan - National Bureau of Economic Research - 2023
Data on global trade as well as capital and labor flows indicate a slowdown, but not reversal, of globalization post the 2008-09 financial crisis. Yet profound changes in the policy environment and public sentiment in the largest economies over the past five years suggest the beginning of a new...
Persistent link: https://www.econbiz.de/10014250133
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The International Linkage of Real Interest Rates : The European - U.S. Connection
Cumby, Robert E. - 1984
rates has been widespread in the analyses by economic policymakers both in Europe and in the United States. In this paper we … been raised by the recent policy debates in Europe and the United States: Have ex ante real rates in the United States and … Europe been high during recent years? Has there been a link between U.S. real rates and those in other countries? Can this …
Persistent link: https://www.econbiz.de/10012477666
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Patents as Options : Some Estimates of the Value of Holding European Patent Stocks
Pakes, Ariel - 1984
uses data on the proportion of patents renewed, and the renewal fees faced by, post World War II cohorts of patents in …
Persistent link: https://www.econbiz.de/10012477754
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The Heights of Europeans Since 1750 : A New Source For European Economic History
Floud, Roderick - 1984
heights in the modern world respond to similar changes today. Average height is powerful evidence of the nature and extent of …
Persistent link: https://www.econbiz.de/10012477779
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Immigration and Preferences for Redistribution in Europe
Alesina, Alberto - 2019
We examine the relationship between immigration and attitudes toward redistribution using a newly assembled data set of immigrant stocks for 140 regions of 16 Western European countries. Exploiting within-country variations in the share of immigrants at the regional level, we find that native...
Persistent link: https://www.econbiz.de/10012479516
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The Industry Anatomy of the Transatlantic Productivity Growth Slowdown
Gordon, Robert J. - 2019
By merging KLEMS data sets and aggregating over the ten largest Western European nations (EU-10), we are able to compare and contrast productivity growth up through 2015 starting from 1950 in the U.S. and from 1972 in the EU-10. Data are provided at the aggregate level, as well as for 16...
Persistent link: https://www.econbiz.de/10012479654
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Skill of the Immigrants and Vote of the Natives : Immigration and Nationalism in European Elections 2007-2016
Moriconi, Simone - 2018
In this paper we document the impact of immigration at the regional level on Europeans' political preferences as expressed by voting behavior in parliamentary or presidential elections between 2007 and 2016. We combine individual data on party voting with a classification of each party's...
Persistent link: https://www.econbiz.de/10012480728
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Zombie Credit and (Dis-)Inflation : Evidence from Europe
Acharya, Viral V. - 2020
partial equilibrium estimates suggest that without a rise in zombie credit post 2012, annual inflation in Europe during 2012 …
Persistent link: https://www.econbiz.de/10012481741