According to the earlier work for the United Kingdom (Iyoda, 1985), the labor share estimated on the labor basis moved countercyclically during the period 1961 to 1980, but for 1951 to 1960 and 1980 to 1982 the movements were somewhat procyclical. A symmetrical change in the labor share bas...
In addition to traditional celebrations and activities, there are some interesting facts about the Chinese New Year that people rarely know.
The Constitution originally fixed March 4 (the anniversary of the effective date of the Constitution in 1789) as Inauguration Day. That’s about 4 months after Election Day—which occurs on the first Tuesday after the first Monday in November. Inauguration Day was moved to January 20, with the...
The Chinese calendar is about one month behind our (so called Gregorian) calendar as it has between 30 and 50 more days per year. And the Chinese zodiac calendar has a cycle of 12 years. The calendar was started on astronomical observations of the moon's phases. Each year a Chinese zodia...
The Great Wall of China inspires wonder among its millions of visitors each year. Read on to learn about its unique history and how to visit.
Versatile, pliable, durable, cheap to produce—and ubiquitous. Plastic is all of that. It is also both a life-saving miracle product and the scourge of the Earth. Here are eight essential facts to keep in mind.
when the season-opening event is traditionally held in March, the race took place on May 13. Only six world championship season openers have been held later in the year. They were: 1951 (May 27), 1952 (May 18), 1961 (May 14), 1962 (May 20), 1963 (M...
Let’s dive into a topic that’s as unique as you are – Fun Facts About Names Day! Imagine a day dedicated just to names, their stories, and secrets. It’s like throwing a party where every name is the guest of honor. This special day rolls around on the first Monday of the ...
September 24, 1944, will forever be a pivotal date in Johnson & Johnson’s milestone-packed, over 130-year history: It was the day it launched its initial public offering, making Johnson & Johnson a publicly traded company. The decision to list the company on the New York Stock Exchange ...
The halls have been decked, evergreen trees glitter with ornaments and lights, and the stockings hung with care. This time of year, candy canes are the sweets du jour, and Santa hats are in fashion. Christmas is upon us. “Christmas is like candy; it slowly melts in your mouth sweetenin...