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Institutions and Economic Growth: Europe After World War II
Eichengreen, Barry - C.E.P.R. Discussion Papers - 1994
European economic growth in the quarter of a century that ended in 1973 outstripped growth in any period of comparable … length before or since. The elements of Europe's growth miracle -- wage moderation, high investment and rapid export growth … and cooperation that would have otherwise hindered the resumption of growth. …
Persistent link: https://www.econbiz.de/10005792491
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Unified growth based on the specific factors model
Caspari, Volker; Pertz, Klaus - 2008
The two-sector specific factor model is typically used in the theory of international trade where it helps to clarify the principle of comparative advantage. Instead, we use this model as explicit theoretical framework to explain major trends of long-run economic development. Combined with...
Persistent link: https://www.econbiz.de/10010266861
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Unified Growth Based on the Specific Factors Model
Caspari, Volker; Pertz, Klaus - Fachbereich Rechts- und Wirtschaftswissenschaften, … - 2008
The two-sector specific factor model is typically used in the theory of international trade where it helps to clarify the principle of comparative advantage. Instead, we use this model as explicit theoretical framework to explain major trends of long-run economic development. Combined with...
Persistent link: https://www.econbiz.de/10008464654
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Growth, Quality, Happiness, and the Poor
McCloskey, Deirdre Nansen - Volkswirtschaftliche Fakultät, … - 2009
Great Fact of economic growth, discovered by historians and economists in the 1950s and elaborated since then, changes …
Persistent link: https://www.econbiz.de/10008559299
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Reoccurring Financial Crises in the United States
Shachmurove, Yochanan - 2011
happen, and that the U.S. had reached a time of everlasting financial stability and sustainable growth. The Savings and Loans …
Persistent link: https://www.econbiz.de/10013128859
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The Next Financial Crisis
Shachmurove, Yochanan - 2010
The examination of U.S. crises reveals that the current financial crisis follows past patterns. An investment bubble creates excess demand for new financing instruments. During the railroad bubbles of the nineteenth century loans were issued at a pace higher than many companies could pay back....
Persistent link: https://www.econbiz.de/10013139545
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Boom and Bust of the Spanish Economy
Shachmurove, Tomer - 2011
Spain has experienced many financial crises through its history. These financial crises have varied origins. However, they do have common threads. The current recession and subsequent debt crisis follow the same pattern. The fiscal and monetary policies of the Spanish government have played a...
Persistent link: https://www.econbiz.de/10013125662
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The Current Economic Crisis : Its Nature and the Course of Academic Economics
Lawson, Tony - 2010
The current crisis has triggered significant debate concerning economic theory and policy. Largely absent from this debate is an informed discussion of the methods used by economists in analysing the economy and formulating their proposals. But method matters. Here I argue that current academic...
Persistent link: https://www.econbiz.de/10013152281
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Bank Asset Liquidation and the Propagation of the U.S. Great Depression
Mason, Joseph R. - 2011
. Consistent with recent theories concerning linkages between the financial system and economic growth, we infer that the dynamic …
Persistent link: https://www.econbiz.de/10012757317
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The Temporalities of Capitalism
Sewell, William H. - 2010
The temporalities of capitalism are in certain respects unique. The temporalities of social life in general are eventful , i.e. irreversible, contingent, uneven, discontinuous and transformational. Although capitalist social processes are in certain respects super-eventful, the extreme...
Persistent link: https://www.econbiz.de/10012758846