If today is the day when the American boom officially becomes the longest in US history, the boom is pretty elderly. While there is no inevitable law that declares that a recession must follow, the fact remains that all booms do eventually come to an end.The consensus view of economists ...
In the last 25 years or so Australia has experienced one of the longest economic booms in history, as compared with other advanced economies. As a result, Australians are enjoying one of the world's highest living standards and per capita income. Will Australians continue to enjoy positive econ...
From Divergence to Convergence: Re-evaluating the History Behind China's Economic Boom. Journal of Economic Literature.Brandt, Loren, Ma Debin and Thomas ... L Brandt,D Ma,TG Rawski - 《Journal of Economic Literature》 被引量: 113发表: 2014年 Catch-Up and Convergence in the Postwar Growth...
All economic growth has occured through urbanisation, but modern industrial capitalism dramatically so. Robert Hall once drew a parallel between economic booms in time (business cycles) and space (cities). This is a preamble to saying I’ve always enjoyed books about cities, or perhaps it’s an...
Economic cyclesEncyclopaediasHistoryThe article reviews the book "Booms and Busts: An Encyclopedia of Economic History from Tulipmania of the 1630s to the Global Financial Crisis of the 21st Century," edited by James Ciment.doi:10.1108/09504121111133855...
They reproduce the American economic history of booms and busts. The studies seem to provide a way out of the debate on chaos versus noise and unify ... K Wen - The University of Texas at Austin. 被引量: 6发表: 1993年 Personalised Medicine: The Odyssey from Hope to Practice. In this...
One reason for the expansion's success was its healthy rate of growth compared to previous booms. A review ofGDP by yearshows that the economy never grew faster than 4.5%. That occurred in 1999 when it grew 4.8%. Another reason was that inflation was mild. Examininginflation by yearreveals...
Web of Science - Emerging Sources Citation Index WorldCat (OCLC) X-MOL Yewno Discover Supplementary Materials Publication Ethics Statement Rate Card Topics Business and Economics Economic History History History of Economics Miscellaneous Political Economics Topics in History...
commonly infecting the economies of other countries. Contagions are typically associated with the diffusion of crises throughout a market,asset class, or geographic region. A similar effect can occur with economicbooms. The phenomenon of financial contagion has implications for portfolio management, trad...
(i) Building booms occur simultaneously with increasing real estate prices. Hence, the same nominal borrowing puts in motion less resources. (ii) Unlike the government or firms, households cannot roll over debt.The aim of this paper is twofold: to provide a theoretical framework where the ...