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About "Capital in the Twenty-First Century"

by Thomas Piketty Published in The American economic review (01.05.2015)

“...In this article, I present three key facts about income and wealth inequality in the long run emerging from my book Capital in the Twenty-First Century and...”

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Regional inequality, convergence, and its determinants – A view from outer space

by Lessmann, Christian Seidel, André Published in European economic review (01.02.2017)

“...This paper provides a new dataset of regional income inequalities within countries based on satellite nighttime light data. First, we empirically study the...”

Journal Article

Human capital and the wealth of nations

by Manuelli, Rodolfo E Seshadri, Ananth Published in The American economic review (2014)

“...We reevaluate the role of human capital in determining the wealth of nations. We use standard human capital theory to estimate stocks of human capital and...”

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Journal Article

Democracy Does Cause Growth

by Acemoglu, Daron Naidu, Suresh Restrepo, Pascual Robinson, James A Published in The Journal of political economy (01.02.2019)

“...We provide evidence that democracy has a positive effect on GDP per capita. Our dynamic panel strategy controls for country fixed effects and the rich dynamics...”

Journal Article

Technological Innovation, Resource Allocation, and Growth

by Kogan, Leonid Papanikolaou, Dimitris Seru, Amit Stoffman, Noah Published in The Quarterly journal of economics (01.05.2017)

“...Abstract We propose a new measure of the economic importance of each innovation. Our measure uses newly collected data on patents issued to U.S. firms in the...”

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The Next Generation of the Penn World Table

by Robert C. Feenstra Robert Inklaar Marcel P. Timmer Published in The American economic review (01.10.2015)

“...We describe the theory and practice of real GDP comparisons across countries and over time. Version 8 of the Penn World Table expands on previous versions in...”

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When Is the Government Spending Multiplier Large?

by Lawrence Christiano Martin Eichenbaum Sergio Rebelo Published in The Journal of political economy (01.02.2011)

“...We argue that the government-spending multiplier can be much larger than one when the zero lower bound on the nominal interest rate binds. The larger the...”

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DEBT, DELEVERAGING, AND THE LIQUIDITY TRAP: A FISHER-MINSKY-KOO APPROACH

by Gauti B. Eggertsson Paul Krugman Published in The Quarterly journal of economics (01.08.2012)

“...In this article we present a simple new Keynesian—style model of debtdriven slumps—that is, situations in which an overhang of debt on the part of some agents,...”

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The Global Technology Frontier: Productivity Growth and the Relevance of Kirznerian and Schumpeterian Entrepreneurship

by Lafuente, Esteban Acs, Zoltan J Sanders, Mark Szerb, Laszlo Published in Small business economics (01.06.2020)

“...We evaluate how country-level entrepreneurship—measured via the national system of entrepreneurship—triggers total factor productivity (TFP) by increasing the...”

Journal Article

How big (small?) are fiscal multipliers?

by Ilzetzki, Ethan Mendoza, Enrique G Végh, Carlos A Published in Journal of monetary economics (01.03.2013)

“...Contributing to the debate on the macroeconomic effects of fiscal stimuli, we show that the impact of government expenditure shocks depends crucially on key...”

Journal Article

The economics of degrowth

by Kallis, Giorgos Kerschner, Christian Martinez-Alier, Joan Published in Ecological economics (01.12.2012)

“...Economic degrowth is ecologically desirable, and possibly inevitable; but under what conditions can it become socially sustainable? How can we have full...”

Journal Article

Measuring Economic Growth from Outer Space

by J. Vernon Henderson Adam Storeygard David N. Weil Published in The American economic review (01.04.2012)

“...We develop a statistical framework to use satellite data on night lights to augment official income growth measures. For countries with poor national income...”

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Beyond GDP: Measuring and achieving global genuine progress

by Kubiszewski, Ida Costanza, Robert Franco, Carol Lawn, Philip Talberth, John Jackson, Tim Aylmer, Camille Published in Ecological economics (01.09.2013)

“...While global Gross Domestic Product (GDP) has increased more than three-fold since 1950, economic welfare, as estimated by the Genuine Progress Indicator...”

Journal Article

Fiscal Volatility Shocks and Economic Activity

by Jesús Fernández-Villaverde Pablo Guerrón-Quintana Keith Kuester Juan Rubio-Ramírez Published in The American economic review (01.11.2015)

“...We study how unexpected changes in uncertainty about fiscal policy affect economic activity. First, we estimate tax and spending processes for the United...”

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High-Frequency Identification of Monetary Non-Neutrality: The Information Effect

by Nakamura, Emi Steinsson, Jón Published in The Quarterly journal of economics (01.08.2018)

“...Abstract We present estimates of monetary non-neutrality based on evidence from high-frequency responses of real interest rates, expected inflation, and...”

Journal Article

STOCK MARKET VOLATILITY AND MACROECONOMIC FUNDAMENTALS

by Robert F. Engle Eric Ghysels Bumjean Sohn Published in The review of economics and statistics (01.07.2013)

“...We revisit the relation between stock market volatility and macroeconomic activity using a new class of component models that distinguish short-run from...”

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Journal Article

The Return to Protectionism

by Fajgelbaum, Pablo D Goldberg, Pinelopi K Kennedy, Patrick J Khandelwal, Amit K Published in The Quarterly journal of economics (01.02.2020)

“...Abstract After decades of supporting free trade, in 2018 the United States raised import tariffs and major trade partners retaliated. We analyze the short-run...”

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