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Innovation, Growth, and Dynamic Gains from Trade
Hsu, Wen-Tai - 2019
trade affects the incentives for technological advancement. We construct an innovation-based endogenous growth model of … North-South trade. There are two types of innovation: one by the North to upgrade the general purpose technology (GPT) and … estimates where the effects of GPT-driven innovation are eliminated. The share of dynamic gains from trade is about 78% of the …
Persistent link: https://www.econbiz.de/10012480413
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Macroeconomic Analysis and Microeconomic Analyses of Labor Supply
Ashenfelter, Orley - 1984
This paper reports on the current status of the microeconomic research on labor supply behavior. The purpose is to direct attention to microeconomic research that may be helpful in the continuing evaluation of aggregate models designed to explain the dynamic behavior of wages, employment and...
Persistent link: https://www.econbiz.de/10012477586
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Macro Needs Micro
Ghironi, Fabio - 2017
cycle analysis, the study of stabilization policies, and growth macro, as well as between international macroeconomics and …
Persistent link: https://www.econbiz.de/10012453875
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Program Evaluation and Research Designs
DiNardo, John - 2010
This chapter provides a selective review of some contemporary approaches to program evaluation. One motivation for our review is the recent emergence and increasing use of a particular kind of "program" in applied microeconomic research, the so-called Regression Discontinuity (RD) Design of...
Persistent link: https://www.econbiz.de/10012462637
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The analysis of household surveys : a microeconometric approach to development policy
Deaton, Angus - 1997 - 1. print
Persistent link: https://www.econbiz.de/10000967062
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David Laidler on Monetarism
Bordo, Michael - 2006
David Laidler has been a major player in the development of the monetarist tradition. As the monetarist approach lost influence on policy makers he kept defending the importance of many of its principles. In this paper we survey and assess the impact on monetary economics of Laidler's work on...
Persistent link: https://www.econbiz.de/10012466068
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Growth, Macroeconomics, and Development
Fischer, Stanley - 1991
The 1980s were both the lost decade of growth for much of Latin America and Africa, and the period in which -- through … the new growth theory -- macroeconomists returned to the study of growth and development. The new growth theory is … policy -- as reflected for instance in the rate of inflation and the budget deficit -- in determining growth. This paper …
Persistent link: https://www.econbiz.de/10012475304
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Recent Developments in Macroeocnomics
Fischer, Stanley - 1987
This paper surveys much of modern macroeconomics. The focus is on the core macroeconomic issue, of the reasons for macroeconomic fluctuations and sometimes persistent unemployment. To provide continuity and perspective on how promising research leads of the past turned out, the paper starts by...
Persistent link: https://www.econbiz.de/10012476594
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Monetary Growth, Inflation, and Economic Activity in a Dynamic Macro Model
Turnovsky, Stephen J. - 1987
This paper analyzes the effects of an increase in the monetary growth rate within a dynamic optimizing macroeconomic … effects of an increase in the monetary growth rate are generally expansionary. With low interest deductibility, or if the tax …
Persistent link: https://www.econbiz.de/10012476936
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From Micro to Macro Development
Buera, Francisco; Kaboski, Joseph Paul; Townsend, Robert M. - National Bureau of Economic Research - 2021
Macroeconomic development remains an important policy goal because of its ability to lift entire populations out of poverty. In our review of the literature, we emphasize that the best way to achieve this objective is to embrace a synthesis of methods and ideas, with the science of experiments...
Persistent link: https://www.econbiz.de/10012482639