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Distance to Frontier, Selection, and Economic Growth

Acemoglu, Daron; Aghion, Philippe; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2002

. Non-convergence traps are more likely when policies and institutions are endogenized, enabling beneficiaries of existing …

Persistent link: https://www.econbiz.de/10005789082

The Effectiveness of Structural Policy in the European Union: An Empirical Analysis for the EU-15 during the Period 1995-2001

Beugelsdijk, Maaike; Eijffinger, Sylvester C W - C.E.P.R. Discussion Papers - 2003

. In this study we considered two main themes. First, convergence of the current EU-member countries is empirically tested …

Persistent link: https://www.econbiz.de/10005666865

Institutional Causes, Macroeconomic Symptoms: Volatility, Crises and Growth

Acemoglu, Daron; Johnson, Simon; Robinson, James A; … - C.E.P.R. Discussion Papers - 2002

Countries that have pursued distortionary macroeconomic policies, including high inflation, large budget deficits and misaligned exchange rates, appear to have suffered more macroeconomic volatility and also grown more slowly during the postwar period. Does this reflect the causal effect of...

Persistent link: https://www.econbiz.de/10005136626