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The life and times of Nicolas Dutot
Velde, François R. - 2009
Nicolas Dutot (1684–1741) is an important figure for the history of economic thought, as a pioneer in monetary theory … project, but also richer and more engaging. -- Dutot ; biography ; early monetary theory ; history of price indices ; pre …
Persistent link: https://www.econbiz.de/10003900588
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Dualism in Economic Growth
Spaventa, Luigi - 2018
The article examines a previous contribution to the problems of economic dualism by Vera Lutz, which represents a new and independent approach. The author first moves some criticisms to Lutz' diagnosis of dualism, trying to show that the emphasis laid by her on the wage level as a cause of...
Persistent link: https://www.econbiz.de/10012925570
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Structural Reforms, Growth and Inequality : an Overview of Theory, Measurement and Evidence
Campos, Nauro F. - 2017
This chapter provides a critical overview of the state of the art in the economics literature on structural reforms. It takes stock of theoretical developments, measurement efforts and of the econometric evidence. We start with a simple theoretical framework for the relationship between...
Persistent link: https://www.econbiz.de/10012942092
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Chapter 10 Explaining cross-country income differences
McGrattan, Ellen R.; Schmitz, James A. - In: Handbook of macroeconomics : volume 1, part A, (pp. 669-737). 1999
variables are included as explanatory variables. Estimates found using quantitative theory depend in critical ways on values of …
Persistent link: https://www.econbiz.de/10014024240
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Banks, Political Capital, and Growth
Lambert, Thomas; Wagner, Wolf; Zhang, Eden Quxian - 2021
We show that politically connected banks influence economic activity. We exploit shocks to individual banks’ political capital following close US congressional elections. We find that regional output growth increases when banks active in the region experience an average positive shock to their...
Persistent link: https://www.econbiz.de/10013244851
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Solow's struggle with medium-run macroeconomics : 1956-1995
Assous, Michaël - 2013
publication of A Critical Essay on Modern Macroeconomic Theory co-written with Frank Hahn. This narrative involves different …
Persistent link: https://www.econbiz.de/10011706942
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Solow’s Harrod : transforming cyclical dynamics into a model of long-run growth
Halsmayer, Verena; Hoover, Kevin D. - 2013
Modern growth theory derives mostly from Robert Solow's "A Contribution to the Theory of Economic Growth" (1956). Solow …-coefficients production function. We challenge Solow's reading of Harrod's "Essay in Dynamic Theory," arguing that Harrod's object in … providing a "dynamic" theory had little to do with the problem of long-run growth as Solow understood it, but instead addressed …
Persistent link: https://www.econbiz.de/10011707818
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Was Harrod right?
Hoover, Kevin D. - 2012
Modern growth theory derives mostly from Robert Solow's "A Contribution to the Theory of Economic Growth" (1956). Solow … "dynamic" theory had little to do with the problem of long-run growth as Solow understood it, but instead addressed the medium …
Persistent link: https://www.econbiz.de/10011708239
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A short history of India's economy : a chapter in the Asian drama
Basu, Kaushik - 2018
This paper is a short history of the Indian economy since 1968. India today is a changed country from what it was half a century ago, when Myrdal published his Asian Drama. The stranglehold of low growth has been broken, its population below the poverty line has fallen markedly, and India has...
Persistent link: https://www.econbiz.de/10011913519
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Climate Change, Innovation, and Economic Growth : The Contributions of William Nordhaus and Paul Romer
Fremstad, Anders - 2019
in general, and climate policy in particular, would benefit from better integrating the theory and methods of these two …
Persistent link: https://www.econbiz.de/10012861882