The U-Curve of income inequality in the United States is a longstanding stylised fact in economic history. The ‘Great Leveling’ that led to the trough that lasted from the 1940s to the early 1980s ...

Podcast Episode · Densely Speaking · 05/20/2024 · 40m

Standard models of economic growth depict physical capital, human capital, population/labour, and total factor productivity as proximate determinants of economic growth. But their deeper determinants are poorly understood. This column argues that religion – as one of the most ubiquitous social phenomena – can spur or impair economic growth by affecting each of these four elements of the macroeconomic production function.

Nicola Mastrorocco discusses how the organization of the state evolves over the process of development of a nation, using data from the U.S. in the 19th century

The U-Curve of income inequality in the United States is a longstanding stylized fact in economic history. The “Great Levelling” that led to the trough that las

Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...