Example: tourism industry
Search results with tag "1870 2015"
The Rate of Return on Everything, 1870–2015
www.frbsf.orgThe Rate of Return on Everything, 1870–2015? Oscar Jord` a`† Katharina Knoll‡ Dmitry Kuvshinov§ Moritz Schularick¶ Alan M.Taylorz November 2017 Abstract This paper answers fundamental questions that have preoccupied modern economic thought since the 18th century. What is the aggregate real rate of return in the economy?
The Rate of Return on Everything, 1870 2015 - Economics
economics.harvard.eduImperial College Business School, the CEPR Housing Conference, and CEPR ESSIM at the Norges Bank, as well as seminar participants at Banca d’Italia, the Bank of England, Reserve Bank of New Zealand, Cornell ... the expansion of capital’s share in income, and the growth rate of the economy relative to the rate of return on capital all ...