A Cross Section of Business Cycle Discussion ... - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook A Cross Section of Business Cycle Discussion ... write by Jacob Marschak. This book was released on 1945. A Cross Section of Business Cycle Discussion ... available in PDF, EPUB and Kindle.
A Cross Section of Business Cycle Discussion
A Cross Section of Business Cycle Discussion - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook A Cross Section of Business Cycle Discussion write by Jacob Marschak. This book was released on 1945. A Cross Section of Business Cycle Discussion available in PDF, EPUB and Kindle.
Comparative Advantage and the Cross-section of Business Cycles
Comparative Advantage and the Cross-section of Business Cycles - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Comparative Advantage and the Cross-section of Business Cycles write by Aart Kraay. This book was released on 2001. Comparative Advantage and the Cross-section of Business Cycles available in PDF, EPUB and Kindle. Business cycles are both less volatile and more synchronized with the world cycle in rich countries than in poor ones. We develop two alternative explanations based on the idea that comparative advantage causes rich countries to specialize in industries that use new technologies operated by skilled workers, while poor countries specialize in industries that use traditional technologies operated by unskilled workers. Since new technologies are difficult to imitate, the industries of rich countries enjoy more market power and face more inelastic product demands than those of poor countries. Since skilled workers are less likely to exit employment as a result of changes in economic conditions, industries in rich countries face more inelastic labour supplies than those of poor countries. We show that either asymmetry in industry characteristics can generate cross-country differences in business cycles that resemble those we observe in the data.
Political Business Cycles
Political Business Cycles - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Political Business Cycles write by Bruno S. Frey. This book was released on 1997. Political Business Cycles available in PDF, EPUB and Kindle. A collection of articles on how the government influences the economy in order to secure re-election. This book surveys the empirical and major theoretical approaches, such as vote maximization, partisan and vote-cum-partisan models, and rational political business cycles. It provides extensions including the role of the central bank, of direct democracy, and the cycles in European communist countries, as well as discussing policy relevance.
Center for Economic Studies Discussion Paper
Center for Economic Studies Discussion Paper - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Center for Economic Studies Discussion Paper write by . This book was released on 1988. Center for Economic Studies Discussion Paper available in PDF, EPUB and Kindle.