unemployment persistence. …

Spanish unemployment, focusing on demonstrating its long memory and generating macro-economic models with autoregressive … vectors in which the unemployment variable is presumed to be non-stationary and co-integrated. Its consideration in this … suppose, the same as Skalin and Teräsvirta (2002), a behaviour for unemployment which is locally non-stationary in a globally …

institutions also influences economic growth and the ability of a country to attract trade and foreign direct investment …. Consequently, when institutions of FSU and sub-Saharan countries develop to the point they become attractive to traders and … commit credibly to increasing capacities of their state institutions with a view to supporting property-based rule of law and …

The current research emphasis on institutions as key determinants of economic performance, rather than on resources and … resource productivity, has uncovered important questions for further research. For example, if institutions are central to … institutions? What specific aspects of institutions are responsible for economic performance? This paper suggests that two broad …

The current research emphasis on institutions as key determinants of economic performance has uncovered important … questions for further research. For example, if institutions are central to economic performance, then what explains observed … differences in performance across parts of one economy sharing similar institutions? This paper suggests that two broad aspects of …

Institutions either promote or constrain economic performance, but which parts of institutions advance or restrict … performance, and why do economies sharing similar institutions sometimes perform differently? This paper is a modest attempt at … superstructural effects of institutions on aggregate and average income across 84 U.S. Native American economies (USNAEs). It finds …

recipient's level of income or quality of institutions and policies; we find that short-impact aid causes growth, on average … with stronger institutions or longer life expectancies (better health). We also find a significant negative relationship …

In a simple theoretical framework, the quality of institutions affects individual’s investment decisions, and hence … income levels and distribution. When institutions deteriorates and inequalities increase, the incumbent undertakes … redistributive taxation to maintain political support. The quality of institutions and the extent of redistribution depend on the …

This paper studies the co-movements of unemployment and labor productivity growth for the U.S. economy. Measures of co …