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A Fed for Our Times: A Review Essay on 21st Century Monetary Policy by Ben Bernanke

Journal of Economic Literature, 2023
This essay reviews 21st Century Monetary Policy: The Federal Reserve from the Great Inflation to COVID-19 by Ben Bernanke, a fascinating account of the evolution of the Fed since the 1950s, and a stalwart defense of the status quo: of the Fed’s remit ...
L. Reichlin
semanticscholar   +1 more source

Reducing Racial Inequality in Access to the Ballot Reduces Racial Inequality in Children’s Later-Life Outcomes

Social Science Research Network, 2022
IZA DP No. 15095 FEBRUARY 2022 Reducing Racial Inequality in Access to the Ballot Reduces Racial Inequality in Children’s Later-Life Outcomes The Voting Rights Act (VRA) of 1965 removed barriers to voting for Black Americans in the South; existing work ...
D. Jones, Ying Shi
semanticscholar   +1 more source

Bank Regulation, Network Topology, and Systemic Risk: Evidence from the Great Depression

Social Science Research Network, 2021
We study how bank regulation can interact with network topology to influence systemic stability. Employing unique hand-collected data on the correspondent network for all U.S.
Sanjiv Ranjan Das, K. Mitchener, Angela Vossmeyer   +2 more
semanticscholar   +1 more source

Inherited Trust and Growth

, 2010
This paper develops a new method to uncover the causal effect of trust on economic growth by focusing on the inherited component of trust and its time variation.
Y. Algan, Pierre Cahuc
semanticscholar   +1 more source

Recovery from the Great Depression: The Farm Channel in Spring 1933

The American Economic Review, 2017
From March to July 1933, US industrial production rose 57 percent. We show that an important source of recovery was the effect of dollar devaluation on farm prices, incomes, and consumption.
Joshua K. Hausman, P. Rhode, J. Wieland
semanticscholar   +1 more source

Inhibition of Candida albicans in vivo and in vitro by antimicrobial peptides chromogranin A-N12 through microRNA-155/suppressor of cytokine signaling 1 axis

Bioengineered, 2022
Antimicrobial peptides (AMPs) have proven to inhibit a variety of pathogens. Chromogranin A-N12 (CGA-N12) is a kind of AMP, and it is characterized by stable structure, high anti-Candida activity, and good safety.
Xiaohua Li, Qun Hu, Qiong Lin, Jianxiong Luo, Junping Xu, Lifang Chen, Liyu Xu, Xin Lin   +7 more
semanticscholar   +1 more source

Internalization and membrane activity of the antimicrobial peptide CGA-N12.

Biochemical Journal, 2021
Antimicrobial peptides (AMPs) are conventional antibiotic alternatives due to their broad-spectrum antimicrobial activities and special mechanisms of action against pathogens.
Ruifang Li, Mengke Tao, Shun-Jie Li, Xueqing Wang, Yan-hui Yang, Lianfeng Mo, Kaixiang Zhang, Ao Wei, Liang Huang   +8 more
semanticscholar   +1 more source

Presidents and the U.S. Economy: An Econometric Exploration

, 2014
The US economy has performed better when the president of the United States is a Democrat rather than a Republican, almost regardless of how one measures performance.
A. Blinder, M. Watson
semanticscholar   +1 more source

Learning by Necessity: Government Demand, Capacity Constraints, and Productivity Growth

The American Economic Review
This paper studies how firms adapt to demand shocks when facing capacity constraints. I show that increases in government purchases raise total factor productivity in quantity units at the production line level.
Ethan Ilzetzki
semanticscholar   +1 more source

100 Years of Rising Corporate Concentration

The American Economic Review
We collect data on the size distribution of US businesses for 100 years, and use these data to estimate the concentration of production (e.g., asset share or sales share of top businesses). The data show that concentration has increased persistently over
Spencer Y. Kwon, Yueran Ma, Kaspar Zimmermann   +2 more
semanticscholar   +1 more source