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Regional Convergence and Catch-up in India between 1960 and 1992

Trivedi, Kamakshya - Department of Economics, Oxford University - 2002

This paper examines the evidence for regional convergence or catch-up in levels and growth rates of per capita income …, Re-Weighted Least Squares, and Least Trimmed Squares - establish that unconditional convergence in growth rates does not … obtain, but that there is clear and robust evidence of conditional convergence. This suggests that important differences …

Persistent link: https://www.econbiz.de/10010605213

Growth, Inequality, and Poverty Reduction in Developing Countries: Recent Global Evidence

Fosu, Augustin Kwasi - Department of Economics, Oxford University - 2011

The study presents recent global evidence on the transformation of economic growth to poverty reduction in developing countries, with emphasis on the role of income inequality. The focus is on the period since the early-mid-1990s when growth in these countries as a group has been relatively...

Persistent link: https://www.econbiz.de/10011004323

Electoral Uncertainty, the Deficit Bias and the Electoral Cycle in a New Keynesian Economy

Wren-Lewis, Simon; Leith, Campbell - Department of Economics, Oxford University - 2009

Recent attempts to incorporate optimal fiscal policy into New Keynesian models subject to nominal inertia, have tended to assume that policy makers are benevolent and have access to a commitment technology. A separate literature, on the New Political Economy, has focused on real economies...

Persistent link: https://www.econbiz.de/10008495880

Comparing the delegation of monetary and fiscal policy

Wren-Lewis, Simon - Department of Economics, Oxford University - 2011

The apparent success of independent central banks in conducting monetary policy has led many to argue that some form of policy delegation should also be applied to the macroeconomic aspects of fiscal policy. A number of countries have recently established Fiscal Councils, although their role...

Persistent link: https://www.econbiz.de/10008852053