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-intensive technologies in the contemporary era. Preferences and educational choices of second generation migrants within France indicate that …
Persistent link: https://www.econbiz.de/10012949418
This study compares labor and total factor productivity (TFP) in France, Japan, the United Kingdom and the United … extent also to France and Japan, a relative decline that was interrupted by the second world war (WW2); (iii) the remarkable … catching-up to the United States by France and Japan after WW2, that stopped in the case of Japan during the 1990s. Capital …
Persistent link: https://www.econbiz.de/10013149831
, France, and the U.K., during the period of 1859–1913. The identification is based on the following historical facts: First … exported to Germany, France, and the U.K. by the Empire. Using the export-bundle-weighted regional rainfall as an instrument …
Persistent link: https://www.econbiz.de/10013231603
Today the vast majority of multi-owner firms in the United States are corporations, but that was not the case in the past. Before the advent of the income tax, tort litigation, and significant federal regulation, entrepreneurs more often than not chose to organize as partnerships, a form that...
Persistent link: https://www.econbiz.de/10012752127
This note lays out the basic Susceptible-Infected-Recovered (SIR) epidemiological model of contagion, with a target audience of economists who want a framework for understanding the effects of social distancing and containment policies on the evolution of contagion and interactions with the...
Persistent link: https://www.econbiz.de/10012838354
an improved current account). France%u2019s decision to suspend the free coinage of silver in 1876 played a paramount … that France%u2019s decision to end bimetallism was exogenous from the viewpoint of countries on the silver standard. To …
Persistent link: https://www.econbiz.de/10012761340
The European Union and the United States operate different variants of market capitalism. The EU model uses social dialogue institutions to help determine economic outcomes, particularly in the labor market, whereas the US relies more on market forces. The theory of competitive markets provides...
Persistent link: https://www.econbiz.de/10012761328
I show that recreation has become much more egalitarian over the last hundred years by estimating recreational expenditure elasticities in 1888-1890, 1917-1919, 1935-1936, 1972-1973, and 1991. I find that expenditure elasticities have fallen from around two at the beginning of the century to...
Persistent link: https://www.econbiz.de/10014158057
The analysis of historical natural experiments has profoundly impacted economics research across fields. We trace the development and increasing application of the methodology, both from the perspective of economic historians and from the perspective of economists in other subdisciplines. We...
Persistent link: https://www.econbiz.de/10014101688
From March to July 1933, industrial production rose 57 percent. We show that an important source of recovery was the effect of dollar devaluation on farm prices, incomes, and consumption. Devaluation immediately raised traded crop prices, and auto sales grew more rapidly in states and counties...
Persistent link: https://www.econbiz.de/10012962727