Researchers build ‘most comprehensive’ global macro database
Long-term data reveals financial crises can harm growth for half a century
Researchers say they have compiled the world’s most comprehensive collection of macroeconomic data, shedding new light on long-term economic dynamics.
The database, published in a working paper by the US National Bureau of Economic Research, combines contemporary data from major global organisations with long-run time series compiled by economic historians. It covers 46 variables across 243 countries and territories – some of which, like Czechoslovakia, no longer exist. Some of the data extends
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