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“Sustainable prosperity” denotes an economy that generates stable and equitable growth for a large and growing middle class. From the 1940s into the 1970s, the United States appeared to be on a trajectory of sustainable prosperity, especially for white-male members of the U.S. labor force....
Persistent link: https://www.econbiz.de/10014082107
Media pundits and some politicians would have us believe that industrial production has been declining in the United States. Some would even say that “we don't make things anymore.” However, the statistics show a different picture. This paper examines the trade statistics for the United...
Persistent link: https://www.econbiz.de/10012963810
In August 2022, the US Congress passed the Inflation Reduction Act (IRA), a comprehensive piece of legislation aiming to stimulate the US economy and to increase its resilience. At an estimated 430 billion euros, it is a massive government investment and spending program in the welfare state,...
Persistent link: https://www.econbiz.de/10013549951
Using US data for the period 1959-2007, we identify sectoral productivity shocks and capital investment-specific shocks by employing a Vector Autoregression whose shock structure is disciplined by a general equilibrium model. Controlling for real and nominal factors, we find that capital...
Persistent link: https://www.econbiz.de/10009530178
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The paper is embedded in the multiplicity of discourses concerned with a viable, sustainable development of society and its economy. It makes a case for a mode of economic activity geared to systematically integrating production and reproduction processes. Its starting hypothesis is that the...
Persistent link: https://www.econbiz.de/10008698697
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Between 1972 and 1978 U.S. high schools rapidly increased their female athletic participation rates - to approximately the same level as their male athletic participation rates - in order to comply with Title IX, a policy change that provides a unique quasi-experiment in female athletic...
Persistent link: https://www.econbiz.de/10003938718
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