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occurs. This groundbreaking book advances such a theory by examining in detail why England and Spain developed so slowly from … Spain in the 1260s to explain why Mexico lagged behind the United States economically in the twentieth century. Based on the … occurs. This groundbreaking book advances such a theory by examining in detail why England and Spain developed so slowly from …
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What caused the recovery from the British Great Depression? A leading explanation - the "expectations channel" - suggests that a shift in expected inflation lowered real interest rates and stimulated consumption and investment. However, few studies have measured, or tested the economic...
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We estimate the impact of COVID-19 on business failures for small and medium sized enterprises (SMEs) using firm-level data in seventeen countries. Absent government support, the failure rate of SMEs would have increased by 9.1 percentage points, representing 4.6 percent of private sector...
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. Using data on eight advanced economies (Germany, Greece, Ireland, Italy, Slovakia, Spain, the United Kingdom, and United …
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