Filippos PapasavvasAug 19How have GPTs affected the US economy?Jovanovic et al (2005) analyzed the impact of two general-purpose technologies (GPTs) on the US economy: electricity and information...
Filippos PapasavvasMay 28, 2023On the relationship between output and unemploymentKnotek (2007) examined whether the statistical relationship of real output growth with the unemployment rate, as captured by Arthur...
Filippos PapasavvasDec 4, 2022Economic impact of soil erosion may not be as large as it seemsPanagos et al. (2018) used a general equilibrium model to estimate the cost of soil erosion by water on EU GDP in 2010. According to...
Nikolas NeosJul 12, 2022Does democracy make you richer?Using data covering 175 countries from 1960 to 2010, Acemoglu et al (2019) estimate that, on average, democratization alone increases GDP...
Ioannis MilioritsasFeb 5, 2022The economic impact of climate change - A debate among economistsIn their article, Nordhaus et al. (2017) investigate the economic impact of global warming. They estimate that a 3⁰C and 6 ⁰C increase in...
Filippos PapasavvasFeb 5, 2022What drove Portugal’s economic slump over the 2000-2007 period?The Reis (2013) paper ‘The Portuguese Slump and Crash and the Euro Crisis’, builds a theoretical macroeconomic model to explain...