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Economic growth requires economic agents to believe that political, social, and economic conditions are such that they can expect a reasonable return from their investments in property and from the ag...
THE ROLE OF INTANGIBLE CAPITAL IN THE TRANSFORMATION AND GROWTH OF THE CHINESE ECONOMY
TRANSFORMATION GROWTH OF THE CHINESE ECONOMY
2015/9/21
We would like to thank Bart van Ark, Harry Wu, Nancy Humphrey, and Mark Dutz, as well as the
participants in the 2011 NBER Summer Institute workshop, a 2012 workshop of The Conference Board,
and a 2...
Does Foreign Direct Investment Promote Growth? Exploring the Role of Financial Markets on Linkages
FDI spillovers backward linkages ˉnancial development economic growth
2015/9/21
Do multinational companies generate positive externalities for the host country? The evidence so far
is mixed varying from beneˉcial to detrimental e®ects of FDI on growth, with many studies tha...
FDI and Economic Growth: The Role of Local Financial Markets
Foreign direct investment capital markets credit markets
2015/9/21
In this paper, we examine the various links among foreign direct investment (FDI), financial
markets, and economic growth. We explore whether countries with better financial systems can
exploit FD...
Financial Integration within EU Countries: The Role of Institutions, Confidence and Trust
European capital markets regional capital fl ows ownership culture
2015/9/21
We investigate the degree of financial integration within and between European
countries. We construct two measures of de-facto integration across European regions
to capture “diversific...
Randomization,Endogeneity and Laboratory Experiments:The Role of Cash Balances in Private Value Auctions
Randomization Endogeneity Laboratory Experiments Cash Balances Private Value Auctions
2015/9/18
From a theoretical perspective, cash balances are thought to play a role in common value auctions because of limited liability. However, they have also been found to be important in common value aucti...
There has probably never been a consensus among economists about
the role of expectations in formulating monetary policy. Today two
widely different views seem to dominate policy research and practi...
Improvements in Macroeconomic Stability: The Role of Wages and Prices
Improvements Macroeconomic Stability
2015/8/4
Improvements in Macroeconomic Stability: The Role of Wages and Prices.
The Role of Contracts in Macroeconomic Performance.
Differences in Economic Fluctuations in Japan, the U.S. and Europe: The Role of Nominal Rigidities
Economic Fluctuations Nominal Rigidities
2015/8/4
This paper examines the differences between economic fluctuations in the
United States and Japan during the period from 1972 through 1986. During this
period the size of the fluctuations in real out...
The ongoing financial crisis has given a new urgency to this question. Government
officials are now proposing legislation to expand significantly the role of government in the
financial sector and b...
Explaining the Gender Gap in Math Test Scores:The Role of Competition
Gender Gap Math Test Scores Role of Competition.
2015/7/23
Explaining the Gender Gap in Math Test Scores:The Role of Competition.
The Role of Institutions in the Revival of Trade:The Medieval Law Merchant
Institutions in the Revival of Trade Medieval Law Merchant
2015/7/21
The Role of Institutions in the Revival of Trade:The Medieval Law Merchant.
Choice and Federalism Defining the Federal Role in Education
Select federalism is defined the federal government education
2015/7/20
Choice and Federalism Defining the Federal Role in Education.
Clusters and Competitiveness:A New Federal Role for Stimulating Regional Economics
Clusters Competitiveness Cluster Initiative Program Regional Industry Industry Clusters
2015/5/12
Clusters and Competitiveness:A New Federal Role for Stimulating Regional Economics.