In the euro area, there is mixed evidence that the GDP per capita of lower-income economies has been catching up with that of higher-income economies since the start of monetary union. The significant real convergence performance of some of the most recent members contrasts with that of the...

Diese Dissertation enthält zwei getrennte Themen. Der erste Teil untersucht die Wachstumsdynamik von Beschäftigung und Wirtschaftsleistung in den USA empirisch und analysiert, inwieweit sich diese in makroökonomischen Modellen replizieren lassen. Der zweite Teil erweitert das...

Foreign direct investment (FDI) is generally considered a driving factor to economic growth. Nevertheless, empirical evidence is rather mixed, reporting a positive, neutral, or even negative relationship of FDI with growth. Our investigation concentrates on the impact of FDI inflows on growth...