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Persistent link: https://www.econbiz.de/10001247049
We revisit the debate over whether political institutions cause economic growth, or whether, alternatively, growth and … establish the proposition that institutions cause growth are constructed to be conceptually unsuitable for that purpose. We also … variety of additional evidence, suggest that a) human capital is a more basic source of growth than are the institutions, b …
Persistent link: https://www.econbiz.de/10012468125
We revisit the debate over whether political institutions cause economic growth, or whether, alternatively, growth and … establish the proposition that institutions cause growth are constructed to be conceptually unsuitable for that purpose. We also … variety of additional evidence, suggest that a) human capital is a more basic source of growth than are the institutions, b …
Persistent link: https://www.econbiz.de/10014071237
We revisit the debate over whether political institutions cause economic growth, or whether, alternatively, growth and … establish the proposition that institutions cause growth are constructed to be conceptually unsuitable for that purpose. We also … variety of additional evidence, suggest that a) human capital is a more basic source of growth than are the institutions, b …
Persistent link: https://www.econbiz.de/10013227522
Persistent link: https://www.econbiz.de/10003772491
Contents; Preface; Postmortem for a Housing Crash / Edward L. Glaeser and Todd Sinai; 1. House Price Moments in Boom-Bust Cycles / Todd Sinai; 2. The Supply Side of the Housing Boom and Bust of the 2000s / Andrew Haughwout, Richard W. Peach, John Sporn, and Joseph Tracy; 3. A Spatial Look at Housing...
Persistent link: https://www.econbiz.de/10013480761
Introduction / Edward L. Glaeser, Tano Santos, and E. Glen Weyl -- Stochastic compounding and uncertain valuation / Lars Peter Hansen and José A. Scheinkman -- The good banker / Patrick Bolton -- How to implement contingent capital / Albert S. Kyle -- Bankruptcy laws and collateral regulation:...
Persistent link: https://www.econbiz.de/10011548282
Persistent link: https://www.econbiz.de/10011848422
this time. As the bubble burst, that index dropped by a third and major financial institutions became insolvent, at least …
Persistent link: https://www.econbiz.de/10013038111
Conventional wisdom held that housing prices couldn’t fall. But the spectacular boom and bust of the housing market during the first decade of the twenty-first century and millions of foreclosed homeowners have made it clear that housing is no different from any other asset in its ability to...
Persistent link: https://www.econbiz.de/10014482138