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Literature on convergence among Latin American countries is still scarce compared to other regions. Almost none of the research connects convergence to the economic history of Latin America and the usual finding is one speed of convergence assuming one globally stable steady-state. In this paper...
Persistent link: https://www.econbiz.de/10010326927
Long-run economic growth has again become a major focus of economic theory. A perception of technological change as an …-state growth paths. Economic history has also long been interested in long-run economic growth. Here, a dialogue is presented … between growth theory and the historical literature on the industrial revolution in Britain and America's surge to …
Persistent link: https://www.econbiz.de/10014074911
We set up an endogenous growth model in which the efficiency of both capital and fossil energy can be improved, whereas … states: one stagnant where energy is fully derived from the alternative energy source, and one with balanced growth where …
Persistent link: https://www.econbiz.de/10010529424
Persistent link: https://www.econbiz.de/10013488738
Family reconstitution data: a cliometric view -- History of cliometrics -- Growth theories -- Cliometric approaches to …
Persistent link: https://www.econbiz.de/10014535169
Using newly collected national and sub-national data and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present income differences, and, in...
Persistent link: https://www.econbiz.de/10010370094
We compare the banking crises in 2008-09 and in the Great Depression, and analyse differences in the policy response to the two crises in light of the prevailing international monetary systems. The scale of the 2008-09 banking crisis, as measured by falls in international short-term indebtedness...
Persistent link: https://www.econbiz.de/10013135323
, during the last 15 years, the three countries held the dubious record of having the lowest output growth rates in the OECD …, labour market relations and regional differentials been less problematic, Italy's growth performance might well have been …
Persistent link: https://www.econbiz.de/10013084805
This paper reviews a collection of essays relating to various aspects of the financial revolution in Britain starting with the creation of the Bank of England in the late seventeenth century and ending with the defeat of Napoleon in 1815, a period in which Britain unexpectedly became the...
Persistent link: https://www.econbiz.de/10013087299
This paper reviews a collection of essays by Charles Kindleberger. After a quick overview of the contents of the volume, the paper criticizes the position advanced by Kindleberger that monetary policy should seek to counteract asset price inflation. The review also discusses critically...
Persistent link: https://www.econbiz.de/10013087302