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The "new economy" in the 1920s and the 1990s

Meltzer, Allan H. - In: Das neue Millennium - Zeit für ein neues ökonomisches …, (pp. 43-55). 2000

Persistent link: https://www.econbiz.de/10001573919

Ma, Yueran; Zimmermann, Kaspar - National Bureau of Economic Research - 2023

We document that monetary policy has a substantial impact on innovation activities. After a tightening shock of 100 …-based aggregate innovation index, declines by up to 9 percent in the following 2 to 4 years. Based on previous estimates of the … sensitivity of output to innovation activities, these magnitudes imply that output could be 1 percent lower after another 5 years …

Persistent link: https://www.econbiz.de/10014372455

Great recession, slow recovery and muted fiscal policies in the US

Albonico, Alice; Tirelli, Patrizio; Paccagnini, Alessia - 2016

This paper reconsiders the role of macroeconomic shocks and policies in determining the Great Recession and the subsequent recovery in the US. The Great Recession was mainly caused by a large demand shock and by the ZLB on the interest rate policy. In contrast with previous findings, the...

Persistent link: https://www.econbiz.de/10011434680

The role of long and short-term dynamics of the US rate of profit in the current crisis

Cámara Izquierdo, Sergio - In: International journal of management concepts and … 8 (2014) 1, pp. 1-22

Persistent link: https://www.econbiz.de/10010390863

Remittance flows and U.S. monetary policy

Machasio, Immaculate; Tillmann, Peter - 2021 - This version: October 27, 2021

Remittance inflows are driven by macroeconomic conditions in the home and the host economies, respectively. In this paper, we study the effect of U.S. monetary policy on remittance flows into economies in Latin American and the Caribbean. The role of Fed policy for remittances has not yet been...

Persistent link: https://www.econbiz.de/10012694427