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Europe and the USA: Comparing What with What?

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  • Kurt W. Rothschild

Abstract

Recent divergencies in economic development have led to a growing literature comparing the US economy with (OECD‐)Europe. The present article argues for a sceptical awareness of some limitations of these comparisons. By alternative groupings of countries the heterogeneous nature of European countries is underlined (limited to growth, inflation, and unemployment). This leads to the conclusion that to some extent comparisons between European nations or between the US and individual European nations could be valuable supplements to the generalizing US‐Europe comparisons.

Suggested Citation

  • Kurt W. Rothschild, 2000. "Europe and the USA: Comparing What with What?," Kyklos, Wiley Blackwell, vol. 53(3), pages 249-264, August.
    • Handle: RePEc:bla:kyklos:v:53:y:2000:i:3:p:249-264
    DOI: 10.1111/1467-6435.00120
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    Cited by:

    1. Tausch, Arno, 2011. "The efficiency and effectiveness of social spending in the EU-27 and the OECD – a 2011 reanalysis," MPRA Paper 33516, University Library of Munich, Germany.
    2. Phillip Bryson, 2001. "Economy and “New Economy” in the United States and Germany," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 36(4), pages 180-190, July.
    3. Schettkat, Ronald, 2002. "Institutions in the economic fitness landscape: What impact do welfare state institutions have on economic performance?," Discussion Papers, Research Unit: Labor Market Policy and Employment FS I 02-210, WZB Berlin Social Science Center.

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