The 1990s in Japan: A Lost Decade (2001)
Fumio Hayashi, Edward C. Prescott, Sami Alp, Pedro Amaral, Igor Livshits
This paper offers a new explanation for the chronic slump: Japan in the 1990s was in a transition to a new and lower steady state growth path. The transition occurred because the growth rate of the...
Trade and the Canadian Great Depression
Great Depression, Canada, productivity, terms of trade
The implications of capital-skill complementarity in economies with large informal sectors
In most developing nations, formal workers tend to be more experienced, more educated, and earn more than informal workers. These facts are often interpreted as evidence that low-skill workers face...
The Great Depression in Canada and the United States: A Neoclassical Perspective
Canada suffered a major depression from 1929 to 1939. In terms of output, it was similar to the Great Depression in the United States. However, total factor productivity (TFP) in Canada did not...
Financial Intermediation and TFP Differences
Countries differ markedly with respect to income per capita. These differences cannot be accounted for by differences in factors of production, which means that measured TFP varies significantly...
Data Appendix to The Great Depression in Canada and the United States: A Neoclassical Perspective
Detailed macroeconomic data to accompany the article in the Review of Economic Dynamics
DESENVOLVIMENTO DESIGUAL EM MINAS GERAIS
Pedro Amaral, Mauro Lemos, Flávia Chein, João Antonio De Paula, Et Alli
ECONOMIA E REDE URBANA DO CENTRO-OESTE MINEIRO
Pedro Amaral, Luciana Luz, Rodrigo SimÕes, João Antonio De Paula, Et Alli