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The Growth Economics Blog | This blog takes Robert Solow seriously

This blog takes Robert Solow seriously

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The Growth Economics Blog | This blog takes Robert Solow seriously | growthecon.wordpress.com Reviews

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This blog takes Robert Solow seriously

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1

Dumb Luck in Historical Development | The Growth Economics Blog

https://growthecon.wordpress.com/2015/08/12/dumb-luck-in-historical-development

The Growth Economics Blog. This blog takes Robert Solow seriously. Skip to primary content. Dumb Luck in Historical Development. August 12, 2015. I took advantage of a week of vacation to read through some books that had been piling up (queuing up? Not sure the right idiom for a Kindle). One was Philip Hoffman’s Why Did Europe Conquer the World? The right null hypothesis for this kind of work on historical development has to be “it was all pure dumb luck”. That doesn’t mean it was. Here’s what I me...

2

Understanding Diffusion Models of Growth | The Growth Economics Blog

https://growthecon.wordpress.com/2015/07/13/understanding-diffusion-models-of-growth

The Growth Economics Blog. This blog takes Robert Solow seriously. Skip to primary content. Understanding Diffusion Models of Growth. July 13, 2015. There has been a recent bloom of research that studies the diffusion of ideas and economic growth. Alvarez, Buera, and Lucas. 2009), Lucas and Moll. 2014), and Perla and Tonetti. Here’s a quick verbal summary of the model of imitation in PT:. The PT model delivers sustained growth through this search and match process, while maintaining a distribution of fir...

3

You Can’t Reform Your Way to Rapid Growth | The Growth Economics Blog

https://growthecon.wordpress.com/2015/07/22/you-cant-reform-your-way-to-rapid-growth

The Growth Economics Blog. This blog takes Robert Solow seriously. Skip to primary content. You Can’t Reform Your Way to Rapid Growth. July 22, 2015. One of the big advantages of having written this blog for a while is that I can start recycling old material. I’m going to do that in response to the small back-and-forth that Noah Smith. Bush’s suggestion/idea/hope to push the growth of GDP up to 4% per year. Cochrane asked “why not? Why not 3 1/3? Oddly enough, the discussion of Jeb! Here’s where I&...

4

Techno-neutrality | The Growth Economics Blog

https://growthecon.wordpress.com/2015/01/26/techno-neutrality

The Growth Economics Blog. This blog takes Robert Solow seriously. Skip to primary content. January 26, 2015. I’ve had a few posts in the past few months ( here. About the consequences of mechanization for the future of work. In short, what will we do when the robots take our jobs? The economy is more creative than we can imagine. This great selection a few weeks ago. This is a quote from Time Magazine:. The rise in unemployment has raised some new alarms around an old scare word: automation. How muc...

5

The Skeptics Guide to Institutions – Part 4 | The Growth Economics Blog

https://growthecon.wordpress.com/2014/11/26/the-skeptics-guide-to-institutions-part-4

The Growth Economics Blog. This blog takes Robert Solow seriously. Skip to primary content. The Skeptics Guide to Institutions – Part 4. November 26, 2014. The final installment of my series on the empirical institutions literature. Quick summary of the prior posts:. Cross-country studies of institutions are inherently flawed by lack of identification and ordinal institutional indexes treated as cardinal. So what is that null hypothesis? For the institutions theory, as with any theory, the correct null h...

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Não vai acontecer | Portugal no longo prazo

https://nunopgpalma.wordpress.com/2015/05/06/nao-vai-acontecer

Portugal no longo prazo. Comentários sobre a evolução da economia Portuguesa na sua dimensão comparativa e de longo prazo. 6 de Maio de 2015. 17 de Abril de 2016. Vou comentar um aspeto muito específico do cenário macroeconómico apresentado no “relatório Centeno” do PS. É um aspeto que me sinto competente para comentar e que é absolutamente crucial para que todas as contas das finanças públicas façam sentido. Se chegarmos aos 1.4-1.5% previstos pelo FMI para os próximos anos. Isto vai querer dizer que mu...

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Danger to the Old Lady of Threadneedle Street? | Economic Growth in History

https://nofuturepast.wordpress.com/2016/10/21/danger-to-the-old-lady-of-threadneedle-street-new-post-at-positive-check

Economic Growth in History. Nuno Palma's economic and political history blog. Danger to the Old Lady of Threadneedle Street? 21 21UTC October 21UTC 2016. New post by Patrick O’Brien and myself at ‘positive check’, the ESHE blog. Avaliable here. GDP reconstructions for the early modern period. Spending a Windfall →. Leave a Reply Cancel reply. Enter your comment here. Fill in your details below or click an icon to log in:. Address never made public). Notify me of new comments via email. Our World in Data.

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About | Economic Growth in History

https://nofuturepast.wordpress.com/sobre

Economic Growth in History. Nuno Palma's economic and political history blog. This is a blog about global economic and political history. There will be a special focus on Europe and the early modern period, but the analysis will be comparative, and I may at times refer to other world regions and time periods. This blog’s first name was “no future without a past” but shortly after its creation I decided to change it to a less poetic but more informative name. Here are some of my pages:. Where can you stud...

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Unconventional monetary policy in the past: Lessons for today | Economic Growth in History

https://nofuturepast.wordpress.com/2016/09/22/unconventional-monetary-policy-in-the-past-lessons-for-today

Economic Growth in History. Nuno Palma's economic and political history blog. Unconventional monetary policy in the past: Lessons for today. 22 22UTC September 22UTC 2016. I start by sharing a recent vox.eu article. Written by Patrick O’Brien and myself which relies on our recent work about the Bank of England during the Restriction Period, 1797-1821. During which gold convertibility of banknotes was suspended). GDP reconstructions for the early modern period →. Leave a Reply Cancel reply.

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Portugal é rico (e implicações) | Portugal no longo prazo

https://nunopgpalma.wordpress.com/2015/06/18/cultura-e-estrategias-de-desenvolvimento

Portugal no longo prazo. Comentários sobre a evolução da economia Portuguesa na sua dimensão comparativa e de longo prazo. Portugal é rico (e implicações). 18 de Junho de 2015. 16 de Agosto de 2015. Uma das “teorias” mais frequentes sobre a causa dos males de Portugal é que “a cultura” é culpada. Ou seja, os Portugueses são perguiçosos, não respeitam as instituições, são corruptos por natureza, etc. Por vezes alguém diz: É a Coreia. Estas imagens são interessantes porque, ao contrário dos governos, que t...

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Tuesday graphs: Australians work a lot, given the wages on offer | Apocalypse of Thomas

https://thomaswestland.wordpress.com/2015/08/25/tuesday-graphs-australians-work-a-lot-given-the-wages-on-offer

Economics, politics and other dispatches from the Australian scene. Larr; Class warfare, payroll tax edition. Links to some recent writing. Tuesday graphs: Australians work a lot, given the wages on offer. August 25, 2015. The Germans work much less than you’d expect; the Mexicans much more:. This doesn’t mean that we should or shouldn’t have more public holidays, of course but it does give us an idea of how hard Australians work compared to other advanced economies. August 25, 2015 at 3:51 am.

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Links to some recent writing | Apocalypse of Thomas

https://thomaswestland.wordpress.com/2015/08/11/links-to-some-recent-writing

Economics, politics and other dispatches from the Australian scene. Larr; Tuesday graphs: Australians work a lot, given the wages on offer. Carbon tax doomsday cult reassembles! The world ends in 2030 now.). Links to some recent writing. August 11, 2015. Free trade agreement modelling:. I take a look at the government’s commissioned modelling. For the China-Australia free trade agreement and say ‘meh’. The metaphors of money:. I give a mixed review. Foreign investment in Australia:. Not just the big ones.

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September | 2015 | Apocalypse of Thomas

https://thomaswestland.wordpress.com/2015/09

Economics, politics and other dispatches from the Australian scene. Class warfare, payroll tax edition. September 5, 2015. I habitually mock journalists who descant upon the theme of ‘reform’ without specifying what exactly they want amended or why so due credit to Peter van Onselen, who had a go at saying, in moderate detail, what he thought should be done to the Australian tax system. But the real problem I have with Van Onselen’s column is the suggestion that payroll taxes replace company taxes. Compa...

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October | 2016 | Apocalypse of Thomas

https://thomaswestland.wordpress.com/2016/10

Economics, politics and other dispatches from the Australian scene. Tear down those walls. October 3, 2016. Jess Irvine wrote a piece. On the weekend about what would happen to the Australian economy, and to Australian society, if immigration were shut off. This seemed to enrage. A bunch of people on Twitter, provided further confirmation. Of my surprisingly robust theory that Andrew Bolt is illiterate, and provoked this detailed response. First of all, it’s worth pointing out that a long-term decline in...

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Apocalypse of Thomas | Economics, politics and other dispatches from the Australian scene | Page 2

https://thomaswestland.wordpress.com/page/2

Economics, politics and other dispatches from the Australian scene. There are special circumstances, but Singapore’s growth is still pretty incredible. March 24, 2015. And in some ways, it’s the incredible growth that makes you wonder whether in fact it has all that many useful lessons for other Asian countries. Earlier today Tom Pepinsky posted a rather curious bit. Read the rest of this entry ». Debt bomb debt bomb, you’re my debt bomb (on the debt-to-GDP ratio). March 1, 2015. You can’t blame a ...

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I am an associate professor of economics at the University of Houston. I have a textbook. On economic growth with Chad Jones. I write the Growth Economics Blog. Latest posts below. Subscribe via RSS feed. This is my current CV. The returns to societal capital. Brad DeLong had a recent post. When he says societal capital, I think of it in two broad categories:. Talks about. Regardless, we benefit from the decisions of our ancestors to play this equilibrium, so that it is the default. If you want t...This ...

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The Growth Economics Blog | This blog takes Robert Solow seriously

The Growth Economics Blog. This blog takes Robert Solow seriously. Skip to primary content. Skip to secondary content. Dumb Luck in Historical Development. August 12, 2015. I took advantage of a week of vacation to read through some books that had been piling up (queuing up? Not sure the right idiom for a Kindle). One was Philip Hoffman’s Why Did Europe Conquer the World? Here’s what I mean. Let’s pretend it is 1492, and we put 50 world leaders (Henry VII of England, Isabella, Charles VII...Hoffman essen...

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