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2008 Lawrence R. Klein lecture - Comparative economic development: Insights from unified growth theory

Galor, Oded - 2009

This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per … factors that have governed the pace of the transition from stagnation to growth and have thus contributed to contemporary … variation in economic development. It uncovers the forces that have sparked the emergence of multiple growth regimes and …

Persistent link: https://www.econbiz.de/10010284035

Trading population for productivity

Galor, Oded; Mountford, Andrew - 2003

asymmetrically. The gains from trade were channeled towards population growth in non-industrial nations while in the industrial … nations they were directed towards investment in education and growth in output per capita. International trade enhanced the … comparative disadvantage in the production of skilled intensive goods. The focus on the interaction between population growth and …

Persistent link: https://www.econbiz.de/10010318876

Trade and the great divergence: The family connection

Galor, Oded; Mountford, Andrew - 2006

towards investment in education and growth in output per capita, a significant portion of the gains from trade in non …-industrial nations was channeled towards population growth. …

Persistent link: https://www.econbiz.de/10010318893

Price and Production Controls in World War II

Rockoff, Hugh - 1996

The great surge in munitions production in World War II, which reached its peak in 1943, was produced by a building boom launched in 1941 and 1942. Resources were drawn rapidly to war production centers by financial incentives and other personal and corporate motives such as patriotism. This...

Persistent link: https://www.econbiz.de/10010334300

How Long Did It Take the United States to Become an Optimal Currency Area?

Rockoff, Hugh - 1999

The United States is often taken to be the exemplar of the benefits of a monetary union. Since 1788 Americans, with the exception of the Civil War years, have been able to buy and sell goods, travel, and invest within a vast area without ever having to be concerned about changes in exchange...

Persistent link: https://www.econbiz.de/10010334315

A Wolfram in Sheep's Clothing: Economic Warfare in Spain and Portugal, 1940-1944

Rockoff, Hugh; Caruana, Leonard - 2000

One of the most sustained uses of economic warfare by the United States, at least judged by the variety of means used and the issue at stake, occurred in Spain and Portugal during WWII. We provide an overview of this episode by weaving together findings from the secondary literature and from new...

Persistent link: https://www.econbiz.de/10010334323

The Paradox of Planning in World War II

Rockoff, Hugh - 1996

According to the standard accounts of the mobilization of resources in the United States during WWII, things went badly in the beginning because the agencies in charge were given insufficient authority and were mismanaged. But then in 1943 the story continues, the War Production Board installed...

Persistent link: https://www.econbiz.de/10010334333

From Plowshares to Swords: The American Economy in World War II

Rockoff, Hugh - 1994

This paper examines the U.S. Economy in World War II. It argues that the mobilization must be viewed as a rapidly evolving historical process rather than, as is often the case, a single differentiated event. For example, the employment of unemployed resources, a factor often cited to explain the...

Persistent link: https://www.econbiz.de/10010334362

Financing the capital development of the economy: A Keynes-Schumpeter-Minsky synthesis

Mazzucato, Mariana; Wray, Larry Randall - 2015

, innovations, and the advance of human knowledge-the rate of growth of capacity has slowed. The past quarter century witnessed the …

Persistent link: https://www.econbiz.de/10011545297

The US-China "trade war": The war nobody can win

Yılmaz, Bahri - 2019

other leading economic actors have underestimated China's rapid economic growth and were unprepared for the dawning of new …

Persistent link: https://www.econbiz.de/10012388927

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