Publications

1997
Book

Generation to Generation: Life Cycles of the Family Business

By: K. Gersick, J. A. Davis, M. M. Hampton and I. Lansberg

Keywords: Family Business; Business Cycles

23 Nov 1999
Research & Ideas

The Future of the Venture Capital Cycle

implies that the side effects associated with periods of rapid growth generate sufficient difficulties that periods of retrenchment are sure to follow. Neoclassical economics teaches us to examine not just the short-run supply and demand... View Details

Keywords: by Paul A. Gompers & Josh Lerner; Financial Services

06 Jul 2023
News

Home Economics

In a remote village in the Mexican state of Chiapas, 13 women gather in an open-air community space. Each has arrived at their weekly meeting with a small deposit for El Banco—“the bank”—as the women have named the savings club they’ve formed with the assistance of... View Details

Keywords: April White

2013
Working Paper

Adjusting National Accounting for Health: Is the Business Cycle Countercyclical?

By: Mark Egan, Casey B. Mulligan and Tomas J. Philipson

Many national accounts of economic output and prosperity, such as gross domestic product (GDP) or net domestic product (NDP), offer an incomplete picture by ignoring, for example, the value of leisure, home production, and the value of health. Previous discussed... View Details

Keywords: Health; Valuation; Accounting; United States

December 2003
Article

Stochastic Technical Progress, Smooth Trends, and Nearly Distinct Business Cycles

By: Julio J. Rotemberg

Keywords: Information Technology; Trends; Business Cycles

27 Sep 2016
News

The biggest economic myths from the debate

09 Jan 2014
Research & Ideas

The Entrepreneurs Who Invented Economic Forecasting

economic future, and in essence moderate the risk of investing in capitalistic ventures. “Forecasters found a ready audience during a time of social and economic turbulence” In his book Fortune Tellers: The... View Details

Keywords: by Sean Silverthorne

2011
Chapter

The Economics of Housing Finance Reform

By: David S. Scharfstein and Adi Sunderam

This paper analyzes the two leading types of proposals for reform of the housing finance system: (i) broad-based, explicit, priced government guarantees of mortgage-backed securities (MBS) and (ii) privatization. Both proposals have drawbacks. Properly-priced... View Details

Keywords: Economics; Housing; Governing Rules, Regulations, and Reforms; Policy; Government and Politics

05 Dec 2013
What Do You Think?

Is Walmart Defying Economic Gravity?

Original Article There is a body of research that seeks to relate economics to human biology. It's usually associated with the notion that the life cycles of businesses parallel stages of biological life:... View Details

Keywords: by James Heskett; Retail

05 Aug 2024
Research & Ideas

Watching for the Next Economic Downturn? Follow Corporate Debt

What really fuels a boom-and-bust cycle in the modern global economy? It’s not always household debt, says a new paper that parses in-depth data across 115 countries. Instead, rising corporate debt may flash the clearest warning that a... View Details

Keywords: by Rachel Layne

February 1969
Article

Test of a Product Cycle Model of International Trade: U.S. Exports of Consumer Durables

By: Louis T Wells Jr

Keywords: Global Range; Trade; Product; Goods and Commodities; United States

Article

The Asymmetric Experience of Positive and Negative Economic Growth: Global Evidence Using Subjective Well-being Data

By: Jan-Emmanuel De Neve, George Ward, Femke De Keulenaer, Bert Van Landeghem, Georgios Kavetsos and Michael I. Norton

Are individuals more sensitive to losses than gains in terms of economic growth? We find that measures of subjective well-being are more than twice as sensitive to negative as compared to positive economic growth. We use Gallup World Poll data from over 150 countries,... View Details

Keywords: Economic Growth; Business Cycles; Welfare; Perception; Global Range

29 Jun 2016
Research & Ideas

The $1 Trillion Link Between Mental Health and Economic Productivity

hurt the economy, and, consequently, how an economic downturn can lead to more mental health problems. Click to watch. Here are some key points in the five-minute video: At 1:25 Ashraf talks about the vicious View Details

Keywords: by Carmen Nobel

26 Sep 2013
News

Behind India’s Economic and Political Woes

22 Oct 2013
News

Ray Dalio's Economic Theory, via YouTube and Cartoon

Keywords: Funds, Trusts, and Other Financial Vehicles; Finance

1994
Comment

Economic Crises: Necessary for Trade Liberalization and Fiscal Reform?

By: K. A. Froot

Keywords: Business Cycles; Financial Crisis; Trade; Government and Politics; Governing Rules, Regulations, and Reforms

08 Mar 2016
Research & Ideas

Solving an Economic Mystery Surrounding Argentina and Chile

countries side-by-side, exploring them from the 1850s up until the present day, when Chile’s economic strength seems to have surpassed Argentina’s—a reversal of fortune. The Impact of Globalization on Argentina and Chile explores the... View Details

Keywords: by Sean Silverthorne

2017
Working Paper

The Rise of American Ingenuity: Innovation and Inventors of the Golden Age

By: Ufuk Akcigit, John Grigsby and Tom Nicholas

We examine the golden age of U.S. innovation by undertaking a major data collection exercise linking inventors from historical U.S. patents to Federal Censuses between 1880 and 1940 and to regional economic aggregates. We provide a theoretical framework to motivate the... View Details

Keywords: Economic Development; Patents; Economic Growth; Innovation and Invention; Demographics