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We argue that storytelling contexts – the way information is communicated through varying credibility sources, visual designs, writing styles, and content delivery – impact the effectiveness of surveys and elections in eliciting preferences formed through critical thinking (reasoned...
Persistent link: https://www.econbiz.de/10015048380
, consistent with economic norms theory, higher levels of market-capitalism are associated with less anti-American terrorism …This contribution examines the role of capitalism in anti-American terrorism. Using data for 149 countries between 1970 … and 2007, this contribution, contrary to expectations from capitalist peace theory, does not find that Anti …
Persistent link: https://www.econbiz.de/10010375158
Numerical simulation exercises to analyze the impacts of potential changes in non-tariff policies commonly use ad valorem equivalent tariff treatment even though estimated impacts using explicit model representation and ad valorem equivalent treatments will differ. The difficulty for modellers...
Persistent link: https://www.econbiz.de/10003109945
. -- macroeconometric models ; DSGE ; VARs ; long run theory …
Persistent link: https://www.econbiz.de/10009127720
This article takes issue with a recent book by Ziliak and McCloskey (2008) of the same title. Ziliak and McCloskey argue that statistical significance testing is a barrier rather than a booster for empirical research in many fields and should therefore be abandoned altogether. The present...
Persistent link: https://www.econbiz.de/10008732285
Persistent link: https://www.econbiz.de/10003674460
The Fiscal Theory of the Price Level (FTPL) rejects the fundamental 'Ricardian' proposition, that the government budget …
Persistent link: https://www.econbiz.de/10009781580
We examine the impact of the last five decades of financial globalization on world GDP and income distribution, using a novel multi-country dynamic general equilibrium model that incorporates a demand system for international assets. We introduce, estimate and validate new country-level measures...
Persistent link: https://www.econbiz.de/10014340224
I estimate CES aggregate production functions for the US, the UK, Japan, Germany, and Spain using data from the EU KLEMS database. I distinguish between three types of capital: information and communication technologies (ICT), intellectual property (IP) capital, and traditional capital. I assume...
Persistent link: https://www.econbiz.de/10013390934
Marx made significant contributions to macroeconomics, laying the grounds for both Keynes's theory of aggregate demand … and Schumpeter's theory of creative destruction. His law of the tendency of the rate of profit to fall parallels Alvin … Hansen's theory of secular stagnation which has recently received much attention among scholars studying the financial crises …
Persistent link: https://www.econbiz.de/10011653595