| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP8030 |
| DP8030 Learning the Wealth of Nations | |
| Francisco Buera; Giorgio Primiceri; Alexander Monge-Naranjo | |
| 发表日期 | 2010-09-23 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | We study the evolution of market-oriented policies over time and across countries. We consider a model in which own and neighbors' past experiences influence policy choices through their effect on policymakers' beliefs. We estimate the model using a large panel of countries and find that it fits a large fraction of the policy choices observed in the postwar data, including the slow adoption of liberal policies. Our model also predicts that there would be reversals to state intervention if nowadays the world was hit by a shock of the size of the Great Depression. |
| 主题 | International Macroeconomics |
| 关键词 | beliefs Development Growth Market-oriented policy |
| URL | https://cepr.org/publications/dp8030 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536867 |
| 推荐引用方式 GB/T 7714 | Francisco Buera,Giorgio Primiceri,Alexander Monge-Naranjo. DP8030 Learning the Wealth of Nations. 2010. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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