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This paper assesses the relationship between carbon emissions, economic growth and, energy consumption, in USA and … governments of the USA and China cannot implement sturdier strategic energy policies in the long run without inhibiting the growth … not exist between carbon emissions and financial development for both countries. Nevertheless, in the USA, there exists a …
Persistent link: https://www.econbiz.de/10012176142
intensifying conflict between the USA and Iran. Such geopolitical risks also affect the German economy. A geopolitical shock …
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We specify an empirical model of US inflation which has the dynamics of wage and price setting at its core. In the dynamic wage equation an equilibrium-correction term connects the wage level to industrial prosperity indicators. In that way, the role of wage setting in the dynamics of the...
Persistent link: https://www.econbiz.de/10015054212
Despite changing attitudes around disability over time, people with disabilities still face large barriers to labour market participation. We apply a sociological framework that considers both supply- and demand-side explanations for labour market inequality to help understand the continuing...
Persistent link: https://www.econbiz.de/10015054234
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This paper describes a weekly economic index (WEI) developed to track the rapid economic developments associated with the onset of and policy response to the novel coronavirus in the United States. The WEI is a weekly composite index of real economic activity, with eight of ten series available...
Persistent link: https://www.econbiz.de/10012619497
Business cycles are costlier and stabilization policies more beneficial than widely thought. This paper shows that all business cycles are asymmetric and resemble mini "disasters." By this we mean that growth is pervasively fat-tailed and non-Gaussian. Using long-run historical data, we show...
Persistent link: https://www.econbiz.de/10012619502