This paper presents an endogenous growth model with intertemporally dependent preferences and "Ak" technology. We … derive sufficient conditions for a balanced growth path to be an equilibrium, provide a full characterization of the … equilibrium dynamics of the economy, and explore the implications of habit formation for the patterns of cross-country growth and …

time. To this end we propose a general equilibrium model that delivers two structural relations. On the one hand, the … vested interests across sectors determines public policy decisions. The model predicts that different initial sectoral …

This paper presents an endogenous growth models with intertemporally dependent preferences and "Ak" technology. We … derive sufficient conditions for a balanced growth path to be an equilibrium, provide a full characterization of the … equilibrium dynamics of the economy, and explore the implications of habit formation for the patterns of cross-country growth and …

that links the growth of capital stock to value added for both the euro-area countries and the Anglo-Saxon countries. This …

We examine the growth performance of six emerging economies (Brazil, China, India, Indonesia, Russia and Turkey) in the … last two decades and examine whether domestic structural constraints are affecting their present and future growth … structural factors will weigh on potential growth, particularly the evolution of the size and quality of the labor force. …

growth performance directly or indirectly through the above exogenous shocks. The focus, mostly but not exclusively … economic growth. …

This paper studies the correlation between inequality, measured by the Gini coefficent of incomes, and the growth rate … of per capita GDP in a panel of countries between the late 1950s and late 1990s. Inequality Granger causes growth with a … negative coefficient, while growth Granger causes inequality with a positive sign. Quantitatively, the former effect appears …