Warehouse / JEL /
N41
N41
2 papers tracked
0 forthcoming
Showing 2 papers
Published
Quarterly Journal of Economics
Online 11 Dec 2024
Published Jan 2025
Costs of Financing U.S. Federal Debt Under a Gold Standard: 1791-1933Jonathan Payne · Bálint Szőke · George Hall · Thomas J Sargent
Overview This paper constructs a new dataset of US federal bond prices and uses it to estimate the full term structure of yields on gold-denominated US federal debt from 1791 to 1933 — the entire gold …
Online First
Review of Economic Studies
Online 17 Jun 2026
State Capacity as an Organizational ProblemNicola Mastrorocco · Edoardo Teso
Mastrorocco and Teso study how the internal organization of a state evolves during national development, framing state capacity as an organizational — specifically a principal-agent — problem. Using a …