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Abstract Most scholars view the expectations held by consumers to be little more than uninformed guesses. Nonetheless, research has repeatedly found a close correspondence between aggregate trends in consumer expectations with the corresponding trends in national statistics. The theory of...
Abstract This paper focuses on the impact that the change in direction of economic policy ushered in by the Trump administration has had on the performance of the U.S. economy. Since the 2016 election, economic activity and performance in the small business sector of the economy has soared to...
Abstract This paper presents an overview of the internet sector. The paper begins by introducing key concepts and definitions, particularly around technology, the internet, and the digital economy. It then provides a look on the industry’s economic size and performance over time using two unique...
Abstract The genesis and survival of new businesses is an important determinant of entrepreneurial dynamism. With the recent surge in security challenges, the issue of young firms’ resilience has surfaced. How do changes in external risks affect firms of different ages? Using Enterprise Surveys,...
Abstract America’s pursuit of low-cost overseas production and China’s thirst for export markets have resulted in industrial decline in the U.S. and raised serious questions about national security. An economic decoupling from China is now actively discussed in Washington. We model the economic...
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