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Harvard Meets the Crisis : U.S. Fiscal Policy in the 1930s and the Political Economy of Lauchlin B. Currie, Jacob Viner, John H. Williams and Harry D. White
Alacevich, Michele - 2011
The paper aims to describe the contribution of four Harvard economists to the interpretation of the Great Depression and the policy decision making from 1933 to 1938. Lauchlin B. Currie, Jacob Viner, John H. Williams, Harry D. White, eminent scholars in the field of monetary and international...
Persistent link: https://www.econbiz.de/10013131634
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Growth-promoting policies and macroeconomic stability
Sutherland, Douglas; Höller, Peter - 2013
Policy reforms aimed at boosting long-run growth often have side effects – positive or negative – on an economy’s vulnerability to shocks and their propagation. Macroeconomic shocks as severe and protracted as those since 2007 warrant a reconsideration of the role growth-promoting policies...
Persistent link: https://www.econbiz.de/10010231015
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Growth policies and macroeconomic stability
Sutherland, Douglas; Höller, Peter - 2014
Policy reforms aimed at boosting long-run growth often have side effects – positive or negative – on an economy’s vulnerability to shocks and their propagation. Macroeconomic shocks as severe and protracted as those since 2007 warrant a reconsideration of the role growth-promoting policies...
Persistent link: https://www.econbiz.de/10010374493
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Macroeconomic Volatility : The Policy Lessons from Latin America
Singh, Anoop - 2006
fundamental break with the region's history of boom-bust cycles. The paper traces how this history of macroeconomic volatility and …
Persistent link: https://www.econbiz.de/10012779706
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Economic policy uncertainty spillovers in booms and busts
Caggiano, Giovanni; Castelnuovo, Efrem; Figueres, Juan … - 2018
We estimate a nonlinear VAR to quantify the impact of economic policy uncertainty shocks originating in the US on the Canadian unemployment rate in booms and busts. We find strong evidence in favor of asymmetric spillover effects. Unemployment in Canada is shown to react to uncertainty shocks in...
Persistent link: https://www.econbiz.de/10011862894
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Economic policy and output volatility in Spain, 1950 - 1998 : was fiscal policy destabilizing?
Battilossi, Stefano; Escario, Regina; Foreman-Peck, James S. - 2010
growth volatility over the period 19501998. We find that a transition from pro-cyclical to countercyclical fiscal policy … ; growth volatility …
Persistent link: https://www.econbiz.de/10003990356
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The Great Depression(s) of 1929-1933 and 2007-2009? Parallels, Differences and Policy Lessons
Eigner, Peter - 2015
This paper provides a comparative analysis of the Great Depression (1929-1933) and the Great Financial Crisis (2007-2009) by contrasting the crises' main driving forces and how they relate to each other with respect to the United States. To this end, causes, consequences and measures undertaken...
Persistent link: https://www.econbiz.de/10013021968
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Economic Policy Uncertainty and Dollar Rupee Exchange Rate Volatility
Naqvi, Shahzadi Mehwish Jabeen - 2021
; high terrorism activity; heightened exchange rate volatility; political turmoil; the IMF program of 2019, and most recently … exchange rate volatility by estimating a Regression model using USD/Pak-Rupee returns by controlling the impact of market … Uncertainty has a major impact on Dollar to Rupee exchange rate volatility …
Persistent link: https://www.econbiz.de/10013250944
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Economic turbulence : is a volatile economy good for America?
Brown, Clair; Haltiwanger, John C.; Lane, Julia - 2006
Overview of the book -- Economic turbulence : what, who, and how much? -- The industries -- Firms, their workers, and their survival -- Firm turbulence and job ladders -- Turbulence and worker career paths -- Economic turbulence and middle-income jobs -- Conclusions and implications for policy
Persistent link: https://www.econbiz.de/10003310921
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A simultaneous unobserved components analysis of US output and the great moderation
Weber, Enzo - 2009
Persistent link: https://www.econbiz.de/10003908054