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The Rise of Europe : Atlantic Trade, Institutional Change and Economic Growth

Acemoglu, Daron; Johnson, Simon; Robinson, James Alan - 2021

This paper documents that the Rise of (Western) Europe between 1500 and 1850 is largely accounted for by the growth of European nations with access to the Atlantic, and especially by those nations that engaged in colonialism and long distance oceanic trade. Moreover, Atlantic ports grew much...

Persistent link: https://www.econbiz.de/10013246977

The Founding of the Federal Reserve, the Great Depression and the Evolution of the U.S. Interbank Network

Jaremski, Matthew - 2019

Financial network structure is an important determinant of systemic risk. This paper examines how the U.S. interbank … network evolved over a long and important period that included two key events: the founding of the Federal Reserve and the …, initially reducing overall network concentration. The network became even more focused on Fed cities during the Depression, as …

Persistent link: https://www.econbiz.de/10012867063

Globalization, Convergence and History

Williamson, Jeffrey G. - 2022

There were three epochs of growth experience after the mid 19th century for what is now called the OECD 'club'; the late 19th century, the middle years between 1914 and 1950, and the late 20th century. The late 19th and the late 20th century epochs were ones of overall fast growth and...

Persistent link: https://www.econbiz.de/10013321587

Populism and the Economics of Globalization

Rodrik, Dani - 2017

Populism may seem like it has come out of nowhere, but it has been on the rise for a while. I argue that economic history and economic theory both provide ample grounds for anticipating that advanced stages of economic globalization would produce a political backlash. While the backlash may have...

Persistent link: https://www.econbiz.de/10012952507

An Index of Global Economic Policy Uncertainty

Davis, Steven J. - 2016

United States, and a generational leadership transition in China. The average value of the GEPU Index is 60 percent higher …

Persistent link: https://www.econbiz.de/10012981099

Australian Growth : A California Perspective

McLean, Ian W.; Taylor, Alan M. - 2021

Examination of special cases assists understanding of the mechanics of long-run economic growth more generally. Australia and California are two economies having the rare distinction of achieving 150 years of sustained high and rising living standards for rapidly expanding populations. They are...

Persistent link: https://www.econbiz.de/10013222238

What - or Who - Started the Great Depression?

Ohanian, Lee E. - 2010

Herbert Hoover. I develop a theory of labor market failure for the Depression based on Hoover's industrial labor program that provided industry with protection from unions in return for keeping nominal wages fixed. I find that the theory accounts for much of the depth of the Depression and for...

Persistent link: https://www.econbiz.de/10013151056

International Policy Coordination : The Long View

Eichengreen, Barry - 2013

This paper places current efforts at international economic policy coordination in historical perspective. It argues that successful cooperation is most likely in four sets of circumstances. First, when it centers on technical issues. Second, when cooperation is institutionalized - when...

Persistent link: https://www.econbiz.de/10013091942

Migration and Trade in a World of Technological Differences : Theory with an Application to Eastern-Western European Integration

Iranzo, Susana - 2007

Two prominent features of globalization in recent decades are the remarkable increase in trade and in migratory flows between industrializing and industrialized countries. Due to restrictive laws in the receiving countries and high migration costs, the increase in international migration has...

Persistent link: https://www.econbiz.de/10012775557

Gender-Targeted Job Ads in the Recruitment Process : Evidence from China

Kuhn, Peter Joseph - 2018

We document how explicit employer requests for applicants of a particular gender enter the recruitment process on a Chinese job board. Overall, we find that 19 out of 20 callbacks to jobs requesting a particular gender are of the requested gender. Mostly, this is because application pools to...

Persistent link: https://www.econbiz.de/10012906448