Mariacristina De Nardi of the Federal Reserve Bank of Minneapolis and her colleagues explored reasons for the differences between this loss and that of comparably educated women, and other losses experienced by the cohort of the s. But research featured in the current issue of the NBER Reporter finds that in some cases scientific research and product development are reduced by private ownership of intellectual property. Also in this edition of the free quarterly Reporter are articles on charitable-giving behaviors , the NBER Education program , financial misconduct , and survey expectations. New research associates, who must be tenured faculty members at North American colleges or universities, are recommended to the board by the directors of the NBER's 20 research programs, typically after consultation with a steering committee of leading scholars in the program area. Two of the new research associates were previously faculty research fellows. Faculty research fellows, who are appointed by the NBER president, must hold primary academic appointments in North America. They also are recommended by program directors and their steering committees in the culmination of a highly competitive process that begins with a call for nominations in January.
Structural Adjustment—a Major Cause of Poverty
Bloomberg - Are you a robot?
The Asian financial crisis was a period of financial crisis that gripped much of East and Southeast Asia beginning in July and raised fears of a worldwide economic meltdown due to financial contagion. Capital flight ensued, beginning an international chain reaction. At the time, Thailand had acquired a burden of foreign debt that made the country effectively bankrupt even before the collapse of its currency. Indonesia , South Korea , and Thailand were the countries most affected by the crisis.
Strengthening the Asian Development Bank in 21st century Asia
The Great Depression was a severe worldwide economic depression that took place mostly during the s, beginning in the United States. The timing of the Great Depression varied across nations; in most countries it started in and lasted until the late s. The Great Depression started in the United States after a major fall in stock prices that began around September 4, , and became worldwide news with the stock market crash of October 29, , known as Black Tuesday.
They were taking part in an idiosyncrasy of the Australian economic system. Here, selling a home tends to be an almost festive gathering, in which potential buyers show up for an auction and neighbors stop by to watch the spectacle — and quietly calibrate how much their own homes might be worth. On this muggy day, almost all of the assembled crowd turned out to be gawkers; only four people actually raised their bidding paddles at any point. Twice, it seemed to be petering out as the auctioneer, Andrew Robinson, nearly banged his final gavel, only to be extended with one more bid. It reflected a wheezing Australian housing market.