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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w28090 |
来源ID | Working Paper 28090 |
Dynamic General Equilibrium Modeling of Long and Short-Run Historical Events | |
Gary D. Hansen; Lee E. Ohanian; Fatih Ozturk | |
发表日期 | 2020-11-16 |
出版年 | 2020 |
语种 | 英语 |
摘要 | We provide quantitative analyses of two striking historical episodes, the timing of the Industrial Revolution in England, and the sources of U.S. economic fluctuations between 1889-1929. Applying data from 1245-1845 within the “Malthus to Solow” framework shows that the timing of the Industrial Revolution reflects a subtle interplay between large changes in TFP and deaths from plagues. We find that U.S. economic fluctuations, including the Panics of 1893 and 1907, were driven primarily by volatile TFP, and that growth during the “Roaring Twenties” should have been even stronger, reflecting a large labor wedge that emerged around World War I. |
主题 | Macroeconomics ; History ; Macroeconomic History |
URL | https://www.nber.org/papers/w28090 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/585764 |
推荐引用方式 GB/T 7714 | Gary D. Hansen,Lee E. Ohanian,Fatih Ozturk. Dynamic General Equilibrium Modeling of Long and Short-Run Historical Events. 2020. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w28090.pdf(1790KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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