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The national context : the creation of the connected age -- The macroeconomics of change : forces transforming North Carolina's economy -- The microeconomics of change : the remaking of North Carolina's industries -- Impacts on people -- Impacts on places -- Impacts on policies -- North...
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"North Carolina has been one of the nation's fastest growing states in the last fifty years, and during that time tremendous changes have come to the state's people, industries, jobs, places, environment, and government. Much of this change resulted from the information and technology...
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This paper studies the steady-state costs of inflation in a general-equilibrium model with real per capita output growth and staggered nominal price and wage contracts. Our analysis shows that trend inflation has important effects on the economy when combined with nominal contracts and real...
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We use a novel disaggregate sectoral euro area data set with a regional breakdown to investigate price changes and suggest a new method to extract factors from over-lapping data blocks. This allows us to separately estimate aggregate, sectoral, country-specific and regional components of price...
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