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sustained inflation (c.1520 - c.1640) commonly known as the Price Revolution'; and in particular it provides an answer to the … economists and historians had attributed this sustained European inflation to the influx of Spanish-American treasure', chiefly … historians pointed out that European inflation had commenced as early as the 1520s, some three decades before any substantial …
Persistent link: https://www.econbiz.de/10005704807
This paper analyses the major changes in textile products, production costs, prices, and market orientations during the era when the �draperies� or cloth industries of the late-medieval Low Countries and England had become increasingly dependent upon northern markets and the German...
Persistent link: https://www.econbiz.de/10005827229
Estonia has succeeded in reducing its macroeconomic imbalances and vulnerabilities, but faces the challenge of preserving its hard-earned fiscal and financial stability and enhancing long-term growth prospects. In this regard, adopting a fully fledged medium-term fiscal framework can help assess...
Persistent link: https://www.econbiz.de/10011245026
This paper extends a general equilibrium model of unemployment and working hours and evaluates the model on a 5 percent …. Furthermore, working time reductions may result in an increase in wage pressure, causing unemployment to rise. …
Persistent link: https://www.econbiz.de/10005651897
Recent work has documented industrial output growth around the poor periphery from 1870 to the present, finding unconditional convergence on the leaders long before the modern BRICS and even before the Asian Tigers. The Philippines was very much part of that catching up. In the decade or so up...
Persistent link: https://www.econbiz.de/10010856190
Obiettivo di questo paper Š ragionare intorno alle fondamentali prerogative dell'economia di Ancona dall'Unita' d'Italia fino ai nostri giorni. Il capoluogo delle Marche ha a lungo coltivato l'ambizione di trasformarsi in un centro industriale. L'analisi della letteratura esistente...
Persistent link: https://www.econbiz.de/10010856918
This paper explores how technological changes affected labor allocations within the U.S. Navy. During the latter nineteenth century, the officer corps was highly specialized, split between groups of line and staff officers. Developments in general purpose technologies created a dilemma for the...
Persistent link: https://www.econbiz.de/10010875684
There were substantial fluctuations in the number of American overseas travelers, especially before World War Two. These fluctuations in travel around the long-term upward trend are the focus of this paper. We first identify those fluctuations in the data and then try to explain the patterns. We...
Persistent link: https://www.econbiz.de/10010875686