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and it hence lowers the volatility of output. Technological complexity evolves endogenously in response to profit …
Persistent link: https://www.econbiz.de/10013318779
stochastic volatility model of sectoral employment growth. Reallocative shocks have no effect on the natural rate of unemployment … volatility …
Persistent link: https://www.econbiz.de/10009232258
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
German economy during these years may be found in the greater relative importance and volatility of the railroad construction …
Persistent link: https://www.econbiz.de/10014047556
This study creates estimates of GDP per capita for Canada from 1688 to 1790 in order to evaluate Canadian growth before the 19th century and generate international comparisons of living standards. These estimates show that Canada experienced little growth during the period and growth reversals...
Persistent link: https://www.econbiz.de/10012933884
This paper uses the censuses of 1842 of Canada East (modern day Quebec) and Canada West (modern day Ontario) to help explain the historical differences in living standards between Canada and the United States. The argument made in this paper is that Canada East was substantially poorer than the...
Persistent link: https://www.econbiz.de/10014111131
Persistent link: https://www.econbiz.de/10012318204
Persistent link: https://www.econbiz.de/10012209942
This paper examines the influence of the self-employed on the growth in labour productivity in the business sector. There has been a dramatic expansion of self-employment in the Canadian economy over the 1987 to 1998 period. In addition, a comparison is made of Canadian and United States...
Persistent link: https://www.econbiz.de/10012718013
This paper will put forward a number of economic considerations raised by the Russia-Ukraine conflict with the external strong participation, on the side of the latter, of the United States and its NATO allies. We begin with some observations regarding the United States, followed by the...
Persistent link: https://www.econbiz.de/10014550852