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Previous findings of long-run purchasing power parity come mainly from data for industrial countries, raising the issue of whether the results suffer sample-selection bias and exaggerate the general relevance of parity reversion. This study uncovers substantial cross-country heterogeneity in the...
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We compare trends in mortality, nutritional status and food supply to other living standard indicators for the early years of the Nazi period. We find that Germany experienced a substantial increase in mortality rates in most age groups in the mid-1930s, even relative to those of 1932, the worst...
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Inequality is an important threat to the globalization of the world economy that we experience today. This contribution … to a "globalization backlash". The closing of commodity and capital markets did always take place during - or 5-10 years …
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