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This paper begins by addressing the central questions underlying the country-specific essays in this volume: what was the relationship between agricultural development and the development of other sectors? Did agricultural growth support or compete with industrial development? And, was an...
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John Taylor has found that entertaining his students is an effective tool for economic education in his classroom teaching. The success of Freakonomics has demonstrated that how we package the economic toolkit can be not only educational but profitable. In this paper, it is demonstrated how the...
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This chapter lists the terms that have contributed to the book, Handbooks in Economics , such as altruism, ambivalence, amenities, and others. These terms have been mentioned along with the page numbers in which they appear in the bookfor the ease of the reader.
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In this note we show that the standard, loglinear growth regression specification is consistent with one and only one model in the class of stochastic Ramsey models. This model is highly restrictive: it requires a Cobb-Douglas technology and a 100% depreciation rate and it implies that risk does...
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This study sheds new light on the question of whether or not sentiment surveys, and the expectations derived from them, are relevant to forecasting economic growth and stock returns, and whether they contain information that is orthogonal to macroeconomic and financial data. I examine 16...
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