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 ...
Further quantitative easing, like further austerity, is most likely to be highly counterproductive over time, and if persisted with, will lead to further asset-price booms and busts, and financial crises. Have we not been here recently? Have we learned nothing? Other grave risks Further quantita...
摘要:Do wealth shocks affect the health of elderly in developed countries? 1 exploit the booms and busts in the US stock market as a natural experiment that generated considerable gains and losses in the wealth of stock-holding retirees. Using data from the 1998-2011 Health and Retirement ...
The EPI tracks the major events in US history, from wars and stagflation to booms and periods of prosperity. Out of all economic indexes, only the EPI can accurately compare the performance of the US economy across time. The EPI catches almost all official US recessions, from the Great Depre...
【24hr】A mechanism for booms and busts in housing prices 包量 机译 房价暴涨和暴跌的机制 作者:Marten Hillebrand;Tomoo Kikuchi; 刊名:Journal of Economic Dynamics and Control 2015年第2期 摘要:The paper studies the dynamics of housing prices in a pure exchange overlapping generations f...
part of their growth had to justify space in the academic environment for themselves. The process of doing so led these fields to ally themselves with the methods and approaches of the physical sciences to gain scientific credibility in a way that the traditional subject of history never did. ...
that all this misses the point a little. If the purpose of countercyclical capital charges were to end boom–bust cycles, we would need to be more confident about the calibration of booms than we are today. But if the purpose is to lean against the wind, calibrations can be less ...
Booms and Depressions: Some First Principles (Adelphi, New York) 1932. Energy International Agency (EIA), 2014. Available online: https://www.eia.gov/beta/international/country.cfm?iso=IRN (accessed on 11 March 2021). Sim, N.; Zhou, H. Oil prices, US stock return, and the dependence ...
We choose to focus on the rate at which patents are produced per worker instead of aggregate patent output because aggregate rates can produce misleading results during innovation booms [32,33]. We first determine the correlation between patenting rates and two measures of city size—total ...
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