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economy
(6543 results)-
White Papers
Pattern Bargaining And Wage Leadership In A Small Open Economy
July 1, 2011 12:00am PDT
Pattern bargaining with the tradables (manufacturing) sector as wage leader is a common form of wage bargaining in Europe. The authors question the conventional wisdom that such bargaining...
Provided by: CESifo Group
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White Papers
Would Global Patent Protection Be Too Weak Without International Coordination?
July 1, 2011 12:00am PDT
This paper analyzes the setting of national patent policies in the global economy. In the standard model with free trade and social-welfare-maximizing governments à la Grossman and Lai (2004),...
Provided by: CESifo Group
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White Papers
Global Implications Of Japanese Economic Stagnation
July 1, 2011 12:00am PDT
Despite its key contribution to global economic growth through the 1960s and 1970s, in recent decades the rise of China has seen the importance of Japan recede from the public discourse. This is...
Provided by: Australian National University
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White Papers
The Global Crisis And The Remedial Actions: A Nonmainstream Perspective
July 1, 2011 12:00am PDT
The global financial crisis has now spread across multiple countries and sectors, affecting both financial and real spheres in the advanced as well as the developing economies. This has been...
Provided by: Levy Economics Institute
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White Papers
The Rise And Fall Of Export-Led Growth
July 1, 2011 12:00am PDT
This paper traces the rise of export-led growth as a development paradigm and argues that it is exhausted owing to changed conditions in Emerging Market (EM) and developed economies. The global...
Provided by: Levy Economics Institute
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White Papers
Institutional Reforms, Private Sector, And Economic Growth In Africa
July 1, 2011 12:00am PDT
The aim of this paper is to analyze the effect of institutional reforms on the revival of African economies. The authors study the impact of positive changes in business environment indicators of...
Provided by: United Nations University
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White Papers
Constraints On Leadership In Washington
July 1, 2011 12:00am PDT
It is commonplace today to assert that American politics and governance are dysfunctional. In many respects, the received wisdom is correct. The authors survived the most severe financial crisis...
Provided by: Brookings Institution
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White Papers
Capital Flows, Push Versus Pull Factors And The Global Financial Crisis
July 1, 2011 12:00am PDT
The causes of the 2008 collapse and subsequent surge in global capital flows remain an open and highly controversial issue. Employing a factor model coupled with a dataset of high-frequency...
Provided by: European Central Bank
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White Papers
Federal Reserve Policies And Financial Market Conditions During The Crisis
July 1, 2011 12:00am PDT
During the recent financial crisis, the Federal Reserve implemented a series of extraordinary and unconventional policies to alleviate the impact of the crisis on financial markets and the...
Provided by: Federal Reserve Bank of Chicago
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White Papers
Real-time Data And Fiscal Policy Analysis: A Survey Of The Literature
July 1, 2011 12:00am PDT
This paper surveys the empirical research on fiscal policy analysis based on real-time data. This paper can be broadly divided in three groups that focus on: the statistical properties of...
Provided by: European Central Bank
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White Papers
What Ended The Great Depression? Reevaluating The Role Of Fiscal Policy
July 1, 2011 12:00am PDT
Conventional wisdom contends that fiscal policy was of secondary importance to the economic recovery in the 1930s. The recovery is then connected to monetary policy that allowed non-sterilized...
Provided by: Levy Economics Institute
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White Papers
Strategic Interaction In Local Fiscal Policy: Evidence From Portuguese Municipalities
July 1, 2011 12:00am PDT
This paper aims at testing the degree of interaction between Portuguese municipalities' expenditure levels by estimating a dynamic panel model, based on jurisdictional reaction functions. The...
Provided by: University of Minho
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White Papers
The Incredible Shrinking Portuguese Firm
July 1, 2011 12:00am PDT
Using Portugal's extensive matched employer-employee data set, this paper documents an unusual feature of the Portuguese economy. For decades, the entire Portuguese firm size distribution has been...
Provided by: National Bureau of Economic Research
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White Papers
Trade Policy Making In A Model Of Legislative Bargaining
July 1, 2011 12:00am PDT
In democracies, trade policy is the result of interactions among many agents with different agendas. In accordance with this observation, the authors construct a dynamic model of legislative trade...
Provided by: National Bureau of Economic Research
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White Papers
Time Use During Recessions
July 1, 2011 12:00am PDT
The authors use data from the American Time Use Survey (ATUS), covering both the recent recession and the pre-recessionary period, to explore how foregone market work hours are allocated to other...
Provided by: National Bureau of Economic Research
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White Papers
Stories Of The Twentieth Century For The Twenty-first
July 1, 2011 12:00am PDT
A key precursor of twentieth-century financial crises in emerging and advanced economies alike was the rapid buildup of leverage. Those emerging economies that avoided leverage booms during the...
Provided by: National Bureau of Economic Research
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White Papers
On Measuring The Effects Of Fiscal Policy In Recessions
July 1, 2011 12:00am PDT
The authors do not have a good measure of the effects of fiscal policy in a recession because the methods that they use to estimate the effects of fiscal policy - both those using the observed...
Provided by: National Bureau of Economic Research
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White Papers
Economic Growth In The Mid Atlantic Region: Conjectural Estimates For 1720 To 1800
July 1, 2011 12:00am PDT
The authors employ the conjectural approach to estimate the growth of GDP per capita for the colonies and states of the mid-Atlantic region (Del., NJ, NY and Penn). In contrast to previous studies...
Provided by: National Bureau of Economic Research
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White Papers
Future Skill Shortages In The U.S. Economy?
July 1, 2011 12:00am PDT
The impending retirement of the baby boom cohort represents the first time in the history of the United States that such a large and well-educated group of workers will exit the labor force. This...
Provided by: National Bureau of Economic Research
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White Papers
International Recessions
July 1, 2011 12:00am PDT
The 2008-2009 crisis was characterized by an unprecedented degree of international synchronization as all major industrialized countries experienced large macroeconomic contractions around the...
Provided by: National Bureau of Economic Research
