Whilst this unit is not currently running, I am conscious that students and other are using the materials. So an interim update of some recent reading: Van Ark, B., O’Mahony, M. and Timmer, M.P. (2008) ?The productivity gap between Europe and the United States: trends and causes?, Journal of Economic Perspectives, 22 (1), pp. 25-44. […]
Could do Better (LRU2, TB I)
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The latest issue of Oxford Review of Economic Policy, vol 23.1 (Spring 2007) is devoted to the Solow growth model on its 50th anniversary, including a retrospective by Solow: Solow, R.M. (2007) ?The last 50 years in growth theory and the next 10?, Oxford Review of Economic Policy, 23 (1), pp. 3-14. The latest issue […]
Just published in the new journal, Cliometrica, an update of Maddison (1991, ch 4): Maddison, A. (2007) ?Fluctuations in the momentum of growth within the capitalist epoch?, Cliometrica, 1 (2), pp. 145-75. On economic policy and performance since 1997, and published to coincide with the plethora of end of Blair assessments, see the deeply sceptical: […]
An excellent review article on finance and growth has just been published: Bordo, M.D. and Rousseau, P.L. (2006) ?Legal-political factors and the historical evolution of the finance-growth link?, European Review of Economic History, 10 (3), pp. 421-44. I have also come across a reasonably accessible (for the non-economist) review article which will bring you up […]
The latest Treasury assessment of progress with improving Britain’s productivity record: Treasury/DTI, (2006) Productivity in the UK 6: progress and new evidence. London: HMSO. has a lot of material relevant to post-1970s economic trends (right up to the present day) and contains the latest Treasury/DTI framework on understanding the dynamics of productivity growth and of […]
It has been pointed out that the dataset mentioned in the CdB handbook on the interwar balance of payments does not appear to be on the old BEPP web site anymore. I have uploaded it as Cdb06tab0306-Interwar-Balance-of-payments.xls and placed it in the Data Store for you.
This year’s Nobel, announced yesterday, has been awarded to Edmund Phelps (Columbia University), the citation being for ‘his analysis of intertemporal tradeoffs in macroeconomic policy’. This sounds dry indeed, but Phelps expectations-augmented Phillips curve (that concerning the inflation-unemployment trade-off) goes right to the heart of the Keynesian-monetarist debate of the late 1960s and 1970s, and […]
This is the first of a series of supplements to the unit handbook: Lecture 7: Interwar motor vehicles The following provides useful historical and cross-country context, and in particular has a useful section on the demand for consuer durables. I have made table 8 of this article an ESH dataset, EH210.xls.
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I have added to the Data Store the files you need for the exercises for this second skills session. You can open the file(s) directly, and then save locally to your PC, or you can use Save As (right click file)
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