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Die Industrieproduktion in Deutschland wird in diesem Jahr um 5,3 Prozent zunehmen und damit ähnlich stark wachsen wie … Industrieproduktion fortsetzen, wenn auch mit verringertem Tempo. Dieser Prognose liegt die Erwartung zugrunde, dass sich die Krise auf … dem Immobilienmarkt der USA nicht wesentlich auf die Industrieentwicklung in Deutschland auswirken wird. …
Persistent link: https://www.econbiz.de/10005070959
unterschiedlicher Finanzmarktindikatoren, um die Industrieproduktion in Deutschland vorherzusagen. Die Prognoseeigenschaften, innerhalb …
Persistent link: https://www.econbiz.de/10012149544
Europeans restricted their fertility long before other parts of the world did so. By raising the marriage age of women, and ensuring that a substantial proportion remained celibate, the "European Marriage Pattern" (EMP) reduced childbirths by up to 40%. We analyze the rise of this first...
Persistent link: https://www.econbiz.de/10011019709
Today, per capita income differences around the globe are large – varying by as much as a factor of 35 across countries (Hall and Jones 1999). These differentials mostly reflect the "Great Divergence" (Sam Huntingon) – the fact that Western Europe and former European colonies grew rapidly...
Persistent link: https://www.econbiz.de/10010851348
We analyze the rise of the first socio-economic institution in history that limited fertility – long before the Demographic Transition. The "European Marriage Pattern" (EMP) raised the marriage age of women and ensured that many remained celibate, thereby reducing childbirths by up to one...
Persistent link: https://www.econbiz.de/10008836700
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
How did Europe overtake China? We construct a simple Malthusian model with two sectors, and use it to explain how European per capita incomes and urbanization rates surged ahead of Chinese ones. Productivity growth can only explain a small fraction of rising living standards. Population dynamics...
Persistent link: https://www.econbiz.de/10005792138
How did Europe escape the "Iron Law of Wages?" We construct a simple Malthusian model with two sectors and multiple steady states, and use it to explain why European per capita incomes and urbanization rates increased during the period 1350-1700. Productivity growth can only explain a small...
Persistent link: https://www.econbiz.de/10005772256
Why did England industrialize first? And why was Europe ahead of the rest of the world? Unified growth theory in the tradition of Galor-Weil (2000) and Galor-Moav (2002) captures the key features of the transition from stagnation to growth over time. Yet we know remarkably little about why...
Persistent link: https://www.econbiz.de/10005650459
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10010231008