Open Access. Powered by Scholars. Published by Universities.®
- Institution
Articles 1 - 3 of 3
Full-Text Articles in Macroeconomics
Chinese Political Rhetoric And Ideology: Tension And Pretension, Israel Paredes
Chinese Political Rhetoric And Ideology: Tension And Pretension, Israel Paredes
Honors Theses
This changing nature of the Chinese government’s ideology leads one to believe that its core beliefs are not dogmatic, despite the foundation for their ideology being rooted in specific societal and economic theories. Starting with Mao Zedong to modern day, the Chinese government officials will continue to support the original tenets (and, no doubt, future presidents’ additions to the tenets). However, the interpretation of their ideology over time is fluid and is used to support policies and actions during a political cycle. Chinese political leaders are unlikely to disagree with a past leaders, and will rather use their own interpretation …
The Labor Share In The Post-1980 Economy: An Analysis Of The Contributing Factors, Mia Bellucci
The Labor Share In The Post-1980 Economy: An Analysis Of The Contributing Factors, Mia Bellucci
Honors Theses
During the Neoliberal period, which roughly began in the early 1980s in the U.S., there was a substantial slowdown in the growth rate of real hourly compensation, while productivity had continued to grow. The last two decades of the Neoliberal period (2000 – 2020) also experienced somewhat of a substantial decline in the labor share. In recent decades, there has been a growing amount of literature attempting to explain the major factors that have contributed to these recent labor market developments. This study provides a means of investigating the changes in the labor share and its components (i.e., real hourly …
An Analysis Of Demand-Pull Inflation In The United States Post-Pandemic, Isabella A. Moynihan
An Analysis Of Demand-Pull Inflation In The United States Post-Pandemic, Isabella A. Moynihan
Honors Theses
The COVID-19 pandemic led to a global shutdown of the economy resulting from both demand and supply shocks. Also, the significant decline in output and employment in the immediate aftermath of the pandemic led to a fast reaction from the government in the form of large fiscal rescue packages. At the end of 2021, the acceleration of inflation, which had been dormant for more than four decades, became the main topic of macroeconomic debates. The debate has revolved around the influence of cost-push versus demand-pull causes of inflation. The dominant view in the United States has been that inflation resulted …