Showing 1 – 5 of 5 results.
Self-published
China, Europe & Great Divergence (ICPSR 105383)
Released/updated on: 2018-08-13
Geographic coverage: China
Time period: 0980-01-01--1850-01-01
This is the replication package for "China, Europe and the Great Divergence: A Study in Historical national Accounting". As a result of recent advances in historical national accounting, estimates of GDP per capita are now available for a number of European economies back to the medieval period, including Britain, the Netherlands, Italy and Spain. The approach has also been extended to Asian economies, including India and Japan. So far, however, China, which has been at the center of the Great Divergence debate, has been absent from this approach. This paper adds China to the picture and shows that the Great Divergence began earlier than originally suggested by the California School, but later than implied by older Eurocentric writers.
Curated
Costs and Benefits of Price Stability: An Assessment of Howitt's Rule (ICPSR 1159)
Released/updated on: 1998-08-27
Geographic coverage: United States
Assuming inflation affects both the level and growth rate of output, the author states Howitt's Rule and explains how it argues for a continued policy of moderate inflation. Next, alternative estimates of the costs of achieving price stability are analyzed, and then those costs are compared with estimates of the gain from achieving price stability when inflation reduces the level or growth rate of output. Finally, the cross-section and time-series evidence on the effects of inflation on output growth is reviewed.
Curated
Historical United States Money Growth, Inflation, and Inflation Credibility (ICPSR 1198)
Released/updated on: 1999-06-23
Geographic coverage: United States
This research focuses on the longer-term monetary relationships in historical data. Charts describing the 10-year average growth rates in the M2 monetary aggregate, nominal GDP, real GDP, and inflation are used to show that there is a consistent longer-term correlation between M2 growth, nominal GDP growth, and inflation but not between such nominal variables and real GDP growth. The data reveal extremely long cycles in monetary growth and inflation, the most recent of which was the strong upward trend in M2 growth, nominal GDP growth, and inflation during the 1960s and 1970s, and the strong downward trend since then. Data going back to the 19th century show that the most recent inflation/disinflation cycle is a repetition of earlier long monetary growth and inflation cycles in the United States historical record. Also discussed is a measure of bond market inflation credibility, defined as the difference between averages in long-term bond rates and real GDP growth. By this measure, inflation credibility hovered close to zero during the 1950s and early 1960s, but then rose to a peak of about 10 percent in the early 1980s. During the 1990s, the bond market has yet to restore the low inflation credibility that existed before inflation turned up during the 1960s. The conclusion is that the risks of starting another costly inflation/disinflation cycle could be avoided by monitoring monetary growth and maintaining a sufficiently tight policy to keep inflation low. An environment of credible price stability would allow the economy to function unfettered by inflationary distortions, which is all that can reasonably be expected of monetary policy, and is precisely what should be expected.
Curated
Unemployment Insurance Claims and Economic Activity (ICPSR 1266)
Released/updated on: 2003-04-25
Geographic coverage: United States
Economic forecasters pay especially close attention to labor market indicators during periods of economic uncertainty. Labor market data are thought to provide early evidence about changes in the course of the economy. This article examines whether monthly changes in labor market indicators are useful for predicting real GDP. It then examines whether weekly changes in initial and continuing unemployment insurance claims are useful for helping to predict changes in important labor market indicators. Incoming monthly data on nonfarm payroll jobs and the index of aggregate weekly hours help predict changes in real GDP growth, but data on the civilian unemployment rate do not. The authors also find that unemployment insurance claims help to predict changes in monthly labor variables. As others have found, these predictions work best in periods of recession. However, this article shows that there was also some predictive ability during the 1990s expansion.
Curated
World Population, 1950-1975 (ICPSR 7493)
Released/updated on: 1992-02-16
Geographic coverage: South America, Papua New Guinea, Cambodia, Paraguay, Kazakhstan, Syria, Solomon Islands, Latin America, Bahamas, Gibralter, Montserrat, Mali, Panama, Guadeloupe, Virgin Islands of the United States, Czechoslovakia, Laos, Argentina, Falkland Islands, Africa, Seychelles, Zambia, Belize, Bahrain, Guinea-Bissau, Namibia, Finland, Comoros, Faroe Islands, Netherlands Antilles, Yemen, Puerto Rico, China (Peoples Republic), Madagascar, Ivory Coast, Libya, Western Samoa, Sweden, Malawi, Andorra, Liechtenstein, Poland, Jordan, Bulgaria, Tunisia, Channel Islands, United Arab Emirates, Tuvalu, Kenya, French Polynesia, Lebanon, Djibouti, Brunei, Azerbaijan, Cuba, Mauritania, Saint Lucia, Israel, San Marino, Australia, Soviet Union, Tajikistan, Myanmar, Central America, Cameroon, Cyprus, Bermuda Islands, Malaysia, North America, Iceland, Global, Oman, Armenia, Gabon, Yugoslavia, Luxembourg, Brazil, Turks and Caicos Islands, Algeria, Antigua and Barbuda, Ecuador, Colombia, Moldova, Vanuatu, Italy, Honduras, Micronesia (Federated States), Haiti, Afghanistan, Burundi, Singapore, French Guiana, American Samoa, Christmas Island, Russia, Netherlands, Martinique, Saint Pierre and Miquelon, Kyrgyzstan, Reunion, Bhutan, Romania, Togo, Philippines, Uzbekistan, Asia, Democratic Republic of Congo, British Virgin Islands, Zimbabwe, Indonesia, Dominica, Benin, Angola, Sudan, East Timor, Portugal, New Caledonia, North Korea, Grenada, Greece, Cayman Islands, Mongolia, Latvia, Morocco, Iran, Bosnia-Hercegovina, Guatemala, Guyana, Iraq, Chile, Nepal, Georgia (Republic), Isle of Man, Ukraine, Tanzania, West Indies, Ghana, Anguilla, India, Canada, Maldives, Turkey, Belgium, Taiwan, South Africa, Trinidad and Tobago, Central African Republic, Jamaica, Peru, Turkmenistan, Germany, Vietnam (Socialist Republic), Fiji, Hong Kong, United States, Guinea, Chad, Somalia, Sao Tome and Principe, Thailand, Equatorial Guinea, Kiribati, Costa Rica, Middle East, Kuwait, Nigeria, Croatia, Uruguay, Sri Lanka, Cook Islands, United Kingdom, Switzerland, Spain, Palestine, Liberia, Venezuela, Burkina Faso, Swaziland, Palau, Estonia, Gaza Strip, Persian Gulf States, South Korea, Austria, Mozambique, El Salvador, Monaco, Guam, Lesotho, Tonga, Hungary, Japan, Europe, Belarus, Mauritius, Albania, New Zealand, Senegal, Macedonia, Ethiopia, Egypt, Sierra Leone, Bolivia, Malta, Saudi Arabia, Cape Verde, Southeast Asia, Pakistan, Gambia, Ireland, Qatar, France, Lithuania, Saint Kitts-Nevis, Niger, Rwanda, Bangladesh, Nicaragua, Barbados, Norway, Botswana, Saint Vincent and the Grenadines, Macao, Denmark, Dominican Republic, Mexico, Uganda, Suriname, Saint Helena, Greenland
Time period: 1950-01-01--1975-01-01
This study collected demographic data for 201 nations and political entities worldwide. Variables include population for each year between 1950-1975, plus the figures for birth, death, and growth rates in 1975.