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and the constant elasticity of substitution (CES)) as limit cases. This integrative approach incorporates both localized …
Persistent link: https://www.econbiz.de/10005504717
views have been based on interwar data. Recent research on British unemployment in the interwar period has proven expecially … controversial. This paper describes a new microdata set which can be used to study the operation of the British labour market and … the incidence of interwar unemployment. The data set is a sample of households drawn from the records of the New Survey of …
Persistent link: https://www.econbiz.de/10005281295
microdata. We look at both economic and statistical criteria in assessing various models, paying particular attention to the … flexibility of the economic model and the stochastic specification of unobservable factors. Using these criteria, a model is … selected from a sample of United Kingdom Family Expenditure Survey data. …
Persistent link: https://www.econbiz.de/10005281406
I search for a 'scale' effect in countries. I use a panel data set that includes 200 countries over forty years and … link the population of a country to a host of economic and social phenomena. Using both graphical and statistical …
Persistent link: https://www.econbiz.de/10005498014
This paper models the causes of the 2008 financial crisis together with its manifestations, using a Multiple Indicator Multiple Cause (MIMIC) model. Our analysis is conducted on a cross-section of 107 countries; we focus on national causes and consequences of the crisis, ignoring cross-country...
Persistent link: https://www.econbiz.de/10004969128
Inflation targeting seems to have a small but positive effect on the synchronization of business cycles; countries that target inflation seem to have cycles that move slightly more closely with foreign cycles. Thus the advent of inflation targeting does not explain the decoupling of global...
Persistent link: https://www.econbiz.de/10004973969
the span between the start of trade talks and their conclusion. We use data from 88 regional trade agreements between 1988 …
Persistent link: https://www.econbiz.de/10011083302
. While that may have been a valid description of the data before the Second World War, it is no longer accurate. In the post … during cyclic downturns; if anything, they tend to fall. I document this new stylized fact with a wide panel of data, using a …
Persistent link: https://www.econbiz.de/10011083599
stability. Are there important differences between the economic outcomes of the two stable regimes? I examine a panel of annual … data from more than 170 countries from 2007 through 2012 and find that the macroeconomic and financial consequences of …
Persistent link: https://www.econbiz.de/10011083734
Heritage Foundation’s index of economic freedom. …
Persistent link: https://www.econbiz.de/10005662054