economic growth
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How Does Consumption Spending Respond to Housing Prices?
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New research explores the complex relationship between housing prices and consumer spending. The magnitude of this relationship can vary considerably over time and across households.
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What’s Dragging Down the Asian Economy? A New Look at Determinants of Growth
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Researchers find that private and public investments, lower financial risk, and flexible exchange rate regimes appear to support the economic growth of Asian countries, while more open capital accounts marginally reduce growth.
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(Mis)measuring Economic Wealth
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In a new paper, Joseph Stiglitz offers potential ideas about what may have contributed to a mismeasurement of wealth.
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The Economic Impact of Frugality: Evidence from Tobacco Farmers in Malawi
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Tobacco farmers in Malawi were offered a direct-deposit savings account, which yielded significant positive impacts on their financial behavior and increases in their agricultural outputs. These results suggest a potential driver for economic growth and poverty reduction in the region.
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The Downstream Effect of Fiscal Austerity
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Researchers explore how the relationship between federal, state, and local governments mutes the benefits of the federal government’s fiscal austerity measures. The burden is shifted to state and local governments that face higher demand for safety net programs with shrinking revenue sources.
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Financial Future of Cities Series: Editor’s Note
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The Chicago Policy Review is pleased to present a three-part series on the financial future of cities. This series is comprised of conversations with Municipal CFOs and seeks to showcase financial trends in Seattle, Chicago, and Memphis and prompt a look toward the future of these three American cities. Twice…
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The Cost of Gender Inequality
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Beyond issues of gender equity and human development, research points to damaging economic consequences for regions with large gender gaps in education and employment.
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Into Sub-Saharan Africa: Spillover Effects of China’s Economic Boom Through Trade
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China’s domestic investment activities prove as strong stimulus to direct trade expansion for its partners in Africa.
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Separate and Suffering: The Damaging Effects of Residential Segregation on Metropolitan Economies
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Residential segregation is shown to drive down income growth across all economic levels.


