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International Symposium Productivity Competitivity and Globalisation
Productivité Colloque Compétitivité international et Globalisation NOVEMBRE 2005 Productivity International Competitivity Symposium and Globalisation NOVEMBER 2005 CONTENTS (Participants titles are at the time of the Symposium) CONTRIBUTORS 163 INTRODUCTION 177 OPENING Christian NOYER, Governor, Banque de France 179 SPEECH SESSION 1 CHANGES IN PRODUCTIVITY AND COMPETITIVENESS: CONCEPTS AND STYLISED FACTS 183 Chairperson: Jean-Claude TRICHET, President, European Central Bank 185 Speaker: Bart van ARK, Professor, University of Groningen and the Conference Board Europe 187 “Europe’s productivity gap: Catching up or getting stuck?” Discussants: Christine CUMMING, First Vice President, Federal Reserve Bank of New York 204 Daniel COHEN, Professor, École normale supérieure-Ulm (Paris) 207 Marc-Olivier STRAUSS-KAHN, General Director of Economics and International Relations, Banque de France 208 SESSION 2 IMPACT ON THE INTERNATIONAL ALLOCATION OF CAPITAL AND GLOBAL IMBALANCES 213 Chairperson: Axel WEBER, President, Deutsche Bundesbank Speaker: William WHITE, Economic Adviser and Head of the Monetary and Economic Department, Bank for International Settlements 215 “Changes in productivity and competitiveness: Impact on the international allocation of capital and global imbalances” Discussants: Patrick ARTUS, Chief economist, Ixis Corporate & Investment Bank 230 Leszek BALCEROWICZ, President, Narodowy Bank Polski 239 Guillermo ORTIZ, Governor, Banco de México 242 Banque de France • International Symposium: Productivity, competitiveness and globalisation -
Kieler Studien
Institut für Weltwirtschaft The Kiel Institute for World Economics Annual Report 2003 Contents I. The Institute in 2003: An Overview 3 II. Research and Advisory Activities 6 1. Main Areas of Research 6 2. President’s Department 7 3. Growth, Structural Change, and the International Division of Labor (Research Department I) 10 4. Environmental and Resource Economics (Research Department II) 21 5. Regional Economics (Research Department III) 27 6. Development Economics and Global Integration (Research Department IV) 35 7. Business Cycles (Research Department V) 43 8. Interdepartmental Research 53 9. Cooperation with Researchers and Research Organizations 53 10. Advisory Activities and Participation in Organizations 61 11. Commissioned Expert Reports and Research Projects 64 III. Documentation Services 72 1. The Library 72 2. The Economic Archives 75 IV. Teaching and Lecturing 77 1. Universities and Colleges 77 2. Advanced Studies Program 77 3. Guest Lectures and Seminars at Universities 79 V. Conferences 80 1. Conferences Organized by the Institute 80 2. External Conferences 84 VI. Publications 96 1. In-House Publications 96 2. Out-of-House Publications 103 VII. Appendix 114 1. Recipients of the Bernhard Harms Prize, the Bernhard Harms Medal, and the Bernhard Harms Prize for Young Economists 114 2. Staff (as of January 1, 2004) 116 3. Organization Chart 121 I. The Institute in 2003: An Overview The Kiel Institute for World Economics at the University of Kiel (IfW) is one of the world’s major centers for international economic policy research and documentation. The Institute’s main activities are economic research, economic policy consulting, and the documentation and provision of information about international economic relations. -
1 Ingo Walter Cv
INGO WALTER C.V. (January 2020) Seymour Milstein Professor of Finance 44 West 4th Street (09-70) Corporate Governance anD Ethics Emeritus New York, N.Y. 10012 Stern School of Business Tel +1 212 009-0707 New York University Fax +1 212 995-4233 URL http://www.stern.nyu.edu/faculty/ E-mail – [email protected] EDUCATION A.B. Economics (summa cum laude) Lehigh University, 1962 M.S. Business Economics Lehigh University, 1963 Ph.D. Economics New York University, 1966 ACADEMIC EXPERIENCE Assistant Professor of Economics, University of Missouri-St. Louis, 1965-1968 Associate Professor of Economics, University of Missouri-St. Louis, 1968-1970 Chairman, Department of Economics, University of Missouri-St. Louis, 1967-1970 Senior Fellow, Center for International StuDies, New York University, 1970-1973 Stern School of Business, New York University: Professor of Economics and Finance, 1970 - present HolDer of the Dean Abraham L. Gitlow Chair, 1987-90 HolDer of the Charles Simon Chair, 1990-2003 HolDer of the Seymour Milstein Chair, 2003 - present Associate Dean, Doctoral anD Research Programs, 1971-1976 Vice Dean for AcaDemic Affairs anD Research, 1976-1979 Chairman, International Business, 1980-1983 and 1988-1990 Chairman, Finance, 1983-1985 The SiDney Homer Director, New York University Salomon Center, 1990-2003 Director, Stern Global Business Institute, 2003-2006 AcaDemic Director, Master of Science in Risk Management, 2007-2019 Dean of Faculty, 2008 - 2012 1 INSEAD, Fontainebleau, France Swiss Bank Corporation Professor of International Management 1986-1996 (joint appointment with New York University) Professor of International Management, 1996-2005 (joint appointment with New York University) Visiting Professor of International Management, Fontainebleau & Singapore, 2005 - present PROFESSIONAL AFFILIATIONS American Economic Association American Finance Association AcaDemy of International Business Association for Environmental anD Resource Economics Financial Management Association Royal Economic Society HONORS, AWARDS, GRANTS A.B. -
Imperialism, Racism, and Fear of Democracy in Richard Ely's Progressivism
The Rot at the Heart of American Progressivism: Imperialism, Racism, and Fear of Democracy in Richard Ely's Progressivism Gerald Friedman Department of Economics University of Massachusetts at Amherst November 8, 2015 This is a sketch of my long overdue intellectual biography of Richard Ely. It has been way too long in the making and I have accumulated many more debts than I can acknowledge here. In particular, I am grateful to Katherine Auspitz, James Boyce, Bruce Laurie, Tami Ohler, and Jean-Christian Vinel, and seminar participants at Bard, Paris IV, Paris VII, and the Five College Social History Workshop. I am grateful for research assistance from Daniel McDonald. James Boyce suggested that if I really wanted to write this book then I would have done it already. And Debbie Jacobson encouraged me to prioritize so that I could get it done. 1 The Ely problem and the problem of American progressivism The problem of American Exceptionalism arose in the puzzle of the American progressive movement.1 In the wake of the Revolution, Civil War, Emancipation, and radical Reconstruction, no one would have characterized the United States as a conservative polity. The new Republican party took the United States through bloody war to establish a national government that distributed property to settlers, established a national fiat currency and banking system, a progressive income tax, extensive program of internal improvements and nationally- funded education, and enacted constitutional amendments establishing national citizenship and voting rights for all men, and the uncompensated emancipation of the slave with the abolition of a social system that had dominated a large part of the country.2 Nor were they done. -
John Harvard Scholarship, 1953–1954, 1954–1955 • Phi Beta Kappa, 1955 • Harvard College Scholarship, 1955–1956
Ph.D. Economics FRANKLIN M. FISHER Harvard University Jane Berkowitz Carlton and Dennis William Carlton Professor of Microeconomics, Emeritus, Massachusetts Institute of M.A. Economics Technology Harvard University A.B. Economics Harvard University (summa cum laude) Ph.D. Dissertation A Priori Information and Time Series Analysis FELLOWSHIPS, SCHOLARSHIPS, AND PROFESSIONAL HONORS • Detur Prize, 1953 • Social Science Research Council Undergraduate Research Stipend, 1953 • John Harvard Scholarship, 1953–1954, 1954–1955 • Phi Beta Kappa, 1955 • Harvard College Scholarship, 1955–1956 • Rodgers Fellowship, 1956–1957 • Austin Fellowship, 1956–1957 • Junior Fellow of the Society of Fellows, Harvard University, 1957–1959 • Fellow of the Econometric Society, 1963–Present • Irving Fisher Lecturer at Econometric Society Meetings, Amsterdam, September 1968 • Operations Research Society of America Prize for best paper dealing with a military subject published in Operations Research, 1967 • Fellow of American Academy of Arts and Sciences, 1969–Present • Council Member of the Econometric Society, 1972–1976 • John Bates Clark Award, American Economic Association, 1973 • F. W. Paish Lecturer, Association of University Teachers of Economics, Sheffield, England, April 1975 • Vice President of the Econometric Society, 1977–1978 • David Kinley Lecturer, University of Illinois, 1978 FRANKLIN M. FISHER Page 2 • President of the Econometric Society, 1979 • Fellowship, John Simon Guggenheim Foundation, 1981–1982 • Erskine Fellow, University of Canterbury, summer -
Irving Fisher and His Compensated Dollar Plan
Irving Fisher and His Compensated Dollar Plan Don Patinkin his is a story that illustrates the interrelationship between economic his- tory and economic thought: more precisely, between monetary history T and monetary thought. So let me begin with a very brief discussion of the relevant history. In 1879, the United States returned to the gold standard from which it had departed at the time of the Civil War. This took place in a period in which “a combination of events, including a slowing of the rate of increase of the world’s stock of gold, the adoption of the gold standard by a widening circle of countries, and a rapid increase in aggregate economic output, produced a secular decline ˙.. in the world price level measured in gold˙...” (Friedman and Schwartz 1963, p. 91; for further details, see Friedman 1990, and Laidler 1991, pp. 49–50). The specific situation thus generated in the United States was de- scribed by Irving Fisher (1913c, p. 27) in the following words: “For a quarter of a century—from 1873 to 1896—the dollar increased in purchasing power and caused a prolonged depression of trade, culminating in the political upheaval which led to the free silver campaign of 1896, when the remedy proposed was worse than the disease.” This was, of course, the campaign which climaxed with William J. Bryan’s famous “cross of gold” speech in the presidential election of 1896. Fisher’s view of this campaign reflected the fact that it called for the unlimited coinage of silver at a mint price far higher than its market value, a policy that would have led to a tremendous increase in the quantity of money and the consequent generation of strong inflationary pressures. -
June 2020 Ph.D., Columbia University, New York, 1988. Advisor
June 2020 CARMEN M. REINHART CURRICULUM VITAE EDUCATION Ph.D., Columbia University, New York, 1988. Advisor: Robert Mundell. Doctoral Dissertation: “Real Exchange Rates, Commodity Prices, and Policy Interdependence.” M. Phil., 1981 and M.A., Columbia University, New York, 1980. B.A., Florida International University, Miami, 1978. PROFESSIONAL POSITIONS Chief Economist and Vice President, World Bank, Washington DC, June 2020- Minos A. Zombanakis Professor of the International Financial System, Harvard Kennedy School, July 2012 – Dennis Weatherstone Chair, Peterson Institute for International Economics, Washington DC, 2011 – June 2012. Director, Center for International Economics, 2009-2010; Professor, School of Public Policy and Department of Economics, 2000 – 2010; Director, International Security and Economic Policy Specialization, 1998 – 2001; Associate Professor School of Public Policy, University of Maryland, 1996 – 2000. Senior Policy Advisor and Deputy Director, Research Department, 2001 – 2003. Senior Economist and Economist, 1988 - 1996, International Monetary Fund. Chief Economist and Vice President, 1985 – 1986; Economist, March 1982 - 1984, Bear Stearns, New York. AWARDS AND HONORS Karl Brunner Award, Swiss National Bank, planned September 2021. Mundell-Fleming Lecture, International Monetary Fund, planned November 2020. Economica, Coase-Phillips Lecture, London School of Economics, London, May 2020. FIMEF Diamond Finance Award, Instituto Mexicano de Ejecutivos de Finanzas, Mexico, August 2019. Homer Jones Memorial Lecture, St. Louis Federal Reserve, July 2019. Thomas Schelling Lecture, University of Maryland, April 2019. Carmen M. Reinhart Pa ge 1 King Juan Carlos Prize in Economics, December 2018. Wiki. Bernhard Harms Prize, Kiel Institute for the World Economy. October 2018. Adam Smith Award, National Association of Business Economists, September 2018. William F. Butler Award, New York Association for Business Economists, September 2017. -
Landscapes of Unrest: Herbert Giersch and the Origins of Neoliberal Economic Geography
A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Plehwe, Dieter; Slobodian, Quinn Article — Published Version Landscapes of unrest: Herbert Giersch and the origins of neoliberal economic geography Modern Intellectual History Provided in Cooperation with: WZB Berlin Social Science Center Suggested Citation: Plehwe, Dieter; Slobodian, Quinn (2019) : Landscapes of unrest: Herbert Giersch and the origins of neoliberal economic geography, Modern Intellectual History, ISSN 1479-2451, Cambridge University Press, Cambridge, Vol. 16, Iss. 1, pp. 185-215, http://dx.doi.org/10.1017/s1479244317000324 This Version is available at: http://hdl.handle.net/10419/181676 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available -
A Centennial History of the AAEA
A CENTENNIAL HISTORY OFTHEAAEA Copyright 2010 Agricultural & Applied Economics Association. All rights reserved. No part of chis publication is to be reproduced, stored or transmitted in any form or by any means without prior permission in writing from the copyright holder. Contact [email protected] for permissions and/or more information. TABLE OF CONTENTS FOREWORD .................................................................vii PREFACE .................................................................... ix CHAPTER ONE • The Beginning .................................................. l CHAPTER TWO • From the American Farm Management Association To the American Farm Economics Association: How Mergers Happen .................................. 15 CHAPTER THREE • The Association Finds a Voice: The Journal ofFarm Economics ............25 CHAPTER FOUR• The 1930s: Depression, Dust, and Farm Policy ........................ .35 CHAPTER FIVE• The Inconvenience ofWar ........................................ 51 CHAPTER SIX • The Contest . ................................................ , ...65 CHAPTER SEVEN • Back to Business ..............................................71 CHAPTER EIGHT• Some Major Problems ..........................................87 CHAPTER NINE• Progress - the 1950s . ............................................99 CHAPTER TEN • Celebrating Fifty Years ........................................... 109 CHAPTER ELEVEN • Beginning the Second Fifty Years ................................ 117 CHAPTER TWELVE • Struggling to Serve a Diversity -
By Way of Analogy: the Expansion of the Federal Government in the 1930S
This PDF is a selection from an out-of-print volume from the National Bureau of Economic Research Volume Title: The Defining Moment: The Great Depression and the American Economy in the Twentieth Century Volume Author/Editor: Michael D. Bordo, Claudia Goldin and Eugene N. White, editors Volume Publisher: University of Chicago Press Volume ISBN: 0-226-06589-8 Volume URL: http://www.nber.org/books/bord98-1 Publication Date: January 1998 Chapter Title: By Way of Analogy: The Expansion of the Federal Government in the 1930s Chapter Author: Hugh Rockoff Chapter URL: http://www.nber.org/chapters/c6891 Chapter pages in book: (p. 125 - 154) 4 By Way of Analogy: The Expansion of the Federal Government in the 1930s Hugh Rockoff 4.1 Ideological Change and the Growth of the Federal Bureaucracy The major turning point in the growth of the federal government was, of course, the New Deal. A host of programs were added that in themselves ac- count for a substantial share of the growth of government in the twentieth cen- tury, and the propensity to add new programs increased. The New Deal was the result of a unique concatenation of forces: the unprecedented magnitude of the contraction, the political accident that the party favoring bigger government was out of power when the contraction began, and the unique personalities of Hoover and Roosevelt were among the most important. Moreover, as many historians of the Great Depression have recognized, there was an important ideological factor in the equation: intellectuals had already been converted to the cause of an expanded federal sector. -
John Bates Clark As a Pioneering Neoclassical Economist Thomas C
“A Certain Rude Honesty”: John Bates Clark as a Pioneering Neoclassical Economist Thomas C. Leonard John Bates Clark (1847–1938), the most eminent American economist of a century ago, was, in his own day, caricatured as an apologist for laissez-faire capitalism (Veblen 1908).1 The caricature has shown stay- ing power, a measure, perhaps, of the relative paucity of scholarship on Clark and his work. Recent Clark research signals a welcome attempt at a more accurate portrait (Morgan 1994; Henry 1995; Persky 2000). But some revisionists would remake Clark the apologist for capital into Clark the Progressive exemplar. Robert Prasch (1998, 2000), for exam- ple, depicts Clark as a Progressive paragon, which groups him with the greatreformers of Progressive-Era politicaleconomy—Social Gospel- ers such as Richard T. Ely and his protégé John R. Commons, labor leg- islation activists such as Clark’s junior colleague Henry Rogers Seager Correspondence may be addressed to Thomas C. Leonard, Department of Economics, Fisher Hall, Princeton University, Princeton, NJ 08544; e-mail: [email protected]. I wish to ac- knowledge the gracious hospitality of Rolf Ohlsson and the Department of Economic History at Lund University, Lund, Sweden. This essay benefited from conversations with Benny Carls- son, the comments of Deirdre McCloskey and Bob Goldfarb, and the thoughtful criticisms of two anonymous referees. 1. All successful caricatures contain an element of truth, and Clark surely invited contro- versy when he argued thatworkers paid theirmarginal productgetwhatthey -
Was John Bates Clark a Neoclassical Or a Progressive?
A Certain Rude Honesty: Was John Bates Clark a Neoclassical or a Progressive? Forthcoming in History of Political Economy 34 Thomas C. Leonard Dept. of Economics Fisher Hall Princeton University Princeton, NJ 08544 [email protected] tel: (609) 258-4036 fax: (609) 258-5561 February 22, 2002 1 A Certain Rude Honesty: Was John Bates Clark a Neoclassical or a Progressive? Introduction In his own day, John Bates Clark (1847-1938) was caricatured as an apologist for laissez-faire capitalism (Veblen 1908).1 The caricature has shown staying power, a measure, perhaps, of the relative paucity of scholarship on Clark and his work. Recent Clark research signals a welcome attempt at a more rounded portrait of the most eminent American political economist of a century ago (Morgan 1994, Henry 1995, Persky 2000). But, as is routinely the case with revisionist work, some new scholarship goes too far. Some revisionists remake Clark the apologist for capital into its inverse – Clark the progressive exemplar. Prasch (1998, 2000), for example, depicts Clark as a progressive paragon, which groups him with the great reformers of Progressive-era political economy – Social Gospelers such as Richard T. Ely and his protégé John R. Commons, labor legislation activists such as Clark’s junior colleague Henry R. Seager and Commons’s student John B. Andrews, and Fabian socialists such as Sidney Webb. This paper argues that John Bates Clark is neither a partisan of Capital, as the caricature had it, nor a partisan of Labor, as were the progressives. Especially with respect to the leading issues of the day – labor relations and trust regulation – Clark is better regarded as a nascent American neoclassical, a partisan of what came to be called efficiency.