[spa] Dos estudios macroeconómicos de la inversion. . Modelos con coeficientes variables en el tiempo y cointegración, . por Jérôme Glachant y Jean-François Nivet.. . Después de 1979, la modelización de la inversión se ha enf rentado, en Francia, con dificultades graves. El objeto de...

Le sentier de croissance à taux constant 'endogène' peut être vu comme un nouveau fil du rasoir. Son existence repose sur la stricte égalité à un des rendements d'échelle vis-à-vis des facteurs accumulables. Nous étendons cette constatation en étudiant le sentier de croissance d'une...

By studying the competitive growth path of a multisectoral linear logarithmic economy à la Long and Plosser [1983], this article provides a generalization of the results obtained by Rebelo [1991]. We show that, in an economy characterized by constant returns to scale and the presence of a...

We study the convergence of Cochrane [1988] and Campbell-Mankiw's [1987] measures of persistence when sampling becomes more and more frequent. First, we attempt to define these measures for continuous time process integrated with order one. Second, we analyze the convergence properties of...

This paper analyzes the impact of infrastructure on growth of total factor productivity and per capita income, using both growth accounting techniques and cross-country growth regressions. The two econometric techniques yield some consistent and some different results. Regressions based in the...

This paper examines whether infrastructure investment has contributed to East Asia's economic growth using both a growth accounting framework and cross-country regressions. For most of the variables used, both the growth accounting exercise and cross-country regressions fail to find a...

Using a model of probabilistic voting, we analyse the impact of aid on the political equilibrium in the recipient country or region. We consider two kinds of politicians: the benevolent one is interested in promoting social welfare whereas the other one is clientelistic, his only goal being to...