Results 1 to 10 of about 84,222 (36)
Moonshot: Public R&D and Growth
The American Economic Review, 2023 We estimate the long-term effect of public R&D on growth in manufacturing by analyzing new data from the Cold War–era space race. We develop a novel empirical strategy that leverages US-Soviet rivalry in space technology to isolate windfall R&D spending.
S. Kantor, A. Whalley
semanticscholar +1 more source
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
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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 +2 more
semanticscholar +1 more source
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
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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 +2 more
semanticscholar +1 more source
Social Science Research Network, 2020 We examine innovation after the Great Depression using data on a century’s worth of U.S. patents and a difference-in-differences design that exploits regional variation in the severity of the economic crisis.
T. Babina, Asaf Bernstein, F. Mezzanotti
semanticscholar +1 more source
Applied and Environmental Microbiology, 2023 Polycyclic aromatic hydrocarbons (PAHs) are harmful to human health due to their carcinogenic, teratogenic, and mutagenic effects. A thermophilic Hydrogenibacillus sp.
Lihua Guo +6 more
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100 Years of Rising Corporate Concentration
The American Economic ReviewWe 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
S. Kwon, Yueran Ma, Kaspar Zimmermann
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Learning by Necessity: Government Demand, Capacity Constraints, and Productivity Growth
The American Economic ReviewThis 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
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'Loans for the Little Fellow:' Credit, Crisis, and Recovery in the Great Depression
Social Science Research Network, 2019 This paper identifies how bank branching benefited local economies during the Great Depression. Using archival data and narrative evidence, I show how Bank of America’s branch network in 1930s California created an internal capital market that ...
Sarah Quincy
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