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The farm, the city, and the emergence of social security

Caucutt, Elizabeth M.; Cooley, Thomas F.; Guner, Nezih - 2008

In this paper we study the social, demographic and economic origins of social security. The data for the U.S. and for a cross section of countries make it clear that urbanization and industrialization are strongly associated with the rise of social insurance. We describe a model economy in which...

Persistent link: https://www.econbiz.de/10010268612

Structural change out of agriculture: labor push versus labor pull

Alvarez-Cuadrado, Francisco; Poschke, Markus - 2009

The process of economic development is characterized by substantial rural-urban migrations and a decreasing share of agriculture in output and employment. The literature highlights two main engines behind this process of structural change: (i) improvements in agricultural technology combined...

Persistent link: https://www.econbiz.de/10010269344

Inflation/unemployment regimes and the instability of the Phillips curve

Ormerod, Paul; Rosewell, Bridget; Phelps, Peter - 2009

Using the statistical technique of fuzzy clustering, regimes of inflation and unemployment are explored for the United States, the United Kingdom and Germany between 1871 and 2009. We identify for each country three distinct regimes in inflation/unemployment space. There is considerable...

Persistent link: https://www.econbiz.de/10010299186

Arbeitslosigkeit in Europa und den USA unter Covid-19: Besser im Korsett einer Versicherungslogik eingeengt oder den Launen eines Präsidialsystems ausgeliefert?

Fischer, Georg; Schmid, Günther - 2020

sein als in den USA und Europa. Das gilt auch für die politischen Reaktionen: Während die EU-27 die Arbeitslosigkeit bisher … weitgehend durch massiven Einsatz von Kurzarbeit in Schach halten konnte, herrscht in den USA eine Massenarbeitslosigkeit, die an … die Große Weltwirtschaftskrise 1929/30 erinnert. Statt mit Kurzarbeit reagierten die USA u.a. mit massiven Sozialtransfers …

Persistent link: https://www.econbiz.de/10012254815

Unemployment in Europe and the United States under COVID-19: Better constrained in the corset of an insurance logic or at the whim of a liberal presidential system?

Fischer, Georg; Schmid, Günther - 2021

sein als in den USA und Europa. Das gilt auch für die politischen Reaktionen: Während die 27 Mitgliedstaaten der … Schach halten konnte, herrschte in den USA zeitweilig eine Massenarbeits-losigkeit, die an die Große Weltwirtschaftskrise … 1929/1930 erinnerte. Statt mit Kurzarbeit reagierten die USA u.a. mit massiven Sozialtransfers für bestimmte Gruppen von …

Persistent link: https://www.econbiz.de/10012482909

Triffin reloaded: The matrix of contradictions around global quasi-state money

Schwartz, Herman M. - 2024

What explains the US dollar's role in the global economy and the tensions affecting its likely persistence? Most analyses start from Triffin's dilemma, which accurately captured specific but partial tensions of a global monetary system based on essentially fixed exchange rates, gold backing for...

Persistent link: https://www.econbiz.de/10014633245

Devaluation (levels versus rates) and balance of payments in a cash-in-advance economy

Petrucci, Alberto - 2002

This paper investigates the consequences of the currency devaluation, both in levels and rates, on the balance of payments in a cash-in-advance economy with finite horizons, endogenous capital accumulation and international capital immobility. In this context, a once and for all currency...

Persistent link: https://www.econbiz.de/10011335687

Is revaluation of the renminbi good news?

Rossi, Vanessa - In: CESifo Forum 06 (2005) 3, pp. 29-36

Persistent link: https://www.econbiz.de/10011695810

Determinants of workers’ remittances: evidence from the European Neighbouring Region

Schiopu, Ioana; Siegfried, Nikolaus - 2006

Workers’ remittances have become the second largest source of net financial flows to developing countries. However, the main motives for sending remittances remain controversial. This paper examines the importance of altruistic versus investment motives using a new panel data set of bilateral...

Persistent link: https://www.econbiz.de/10011604734

Trade sustainability and aid under liberalization in fragile least developed countries

Santos-Paulino, Amelia U. - 2007

This study investigates the effect of trade liberalization on export growth, import growth, the trade balance and the current account of the balance of payments in 17 least developed countries (LDCs) over the period 1970 to 2001. The paper also assesses the marginal relation between capital...

Persistent link: https://www.econbiz.de/10010284646