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Maddison's international panel data show that technically it was the faster growth rate of the US economy that led to its overtaking the UK as economic superpower. We explore the contributing factors. Identifying the land-grant colleges system triggered by the 1862/1890 Morrill Acts (MAs) as a...
Persistent link: https://www.econbiz.de/10012916983
Maddison's international panel data show that technically it was the faster growth rate of the US economy that led to its overtaking the UK as economic superpower. We explore the contributing factors. Identifying the land-grant colleges system triggered by the 1862/1890 Morrill Acts (MAs) as a...
Persistent link: https://www.econbiz.de/10011880789
This paper offers a thesis for why the US overtook the UK and other European countries in the 20th century in both aggregate and per capita GDP as a case study of recent models of endogenous growth, where "human capital" is the engine of growth. By human capital we mean an intangible asset, best...
Persistent link: https://www.econbiz.de/10011881092
This paper offers a thesis for why the United States (US) overtook the United Kingdom (UK) and other European countries in the 20th century in both aggregate and per capita GDP as a case study of recent models of endogenous growth, where "human capital" is the engine of growth. By human capital...
Persistent link: https://www.econbiz.de/10011804538
We provide new evidence that cash transfers following the birth of a first child can have large and long-lasting effects on that child's outcomes. We take advantage of the January 1 birthdate cutoff for U.S. child-related tax benefits, which results in families of otherwise similar children...
Persistent link: https://www.econbiz.de/10013362027
The theoretical richness and variety of the new growth literature can make it difficult to capture the essence of growth models. With this paper, we wish to provide one possible integrating view of the nature of the growth generating processes. Revisiting the models that constitute the core of...
Persistent link: https://www.econbiz.de/10009540712
This article reveals, by studying correlative relationships between US regime support and regime properties, that the US foreign policy in the Middle East has traditionally helped governments to limit the political participation of Islamists, communists, enemies of Israel and populations that...
Persistent link: https://www.econbiz.de/10011154562
This would seem an opportune moment to reshape banking systems in the Americas. But any effort to rethink and improve … banking must acknowledge three major barriers. The first is a crisis of vision: there has been too little consideration of … what kind of banking system would work best for national economies in the Americas. The other two constraints are …
Persistent link: https://www.econbiz.de/10010281752
This would seem an opportune moment to reshape banking systems in the Americas. But any effort to rethink and improve … banking must acknowledge three major barriers. The first is a crisis of vision: there has been too little consideration of … what kind of banking system would work best for national economies in the Americas. The other two constraints are …
Persistent link: https://www.econbiz.de/10008542712
In recent years, cities have become increasingly interested in their ability to generate, attract and retain human capital. One measure of human capital is employment in science and engineering-based occupations. This paper provides a comparison of the employment shares of these specialized...
Persistent link: https://www.econbiz.de/10014207818