As documented by columns (2) and (3) of Table 6, the marginal effect of Degree is still declining, even if we account for changing factor endowments. In an alternative robustness test, we ran the benchmark regression as defined by equation (6), but dropped Germany. The results displayed ...
The US has smaller deficits and neational debts relative to the size of it's GDP than both the EU and Japan. Go tohttp://www.economist.com]www.economist.comcountry breifings. US deficit is 4% Japan is nearly 8% and France and Germany both are 4%. ...