The endogenous growth literature has explored the transition from a Malthusian world where real wages, living standards … modern industrial growth breaks that link. Recently, economic historians have presented evidence from England showing that … secular rise thereafter – must be explained both by industrial revolutionary growth forces and by global forces that opened up …

A democratic society in which the distribution of wealth is unequal elects political parties which tend to represent …

To the layperson, the upward trend in European unemployment is related to the slowdown in economic growth. We argue … that the layperson’s view is correct. The increase in European unemployment and the slowdown in economic growth are related … associated with low growth rates. The model also predicts that the effect of labour taxation differs sharply in countries with …

This paper offers new tests of the `convergence hypothesis'. It first analyses the pattern of growth of measured inputs …. On the other hand, when the pattern of growth of revealed inputs (physical capital and Solow residual) is analysed, one …

contributed to Austria's post-war growth and the evolution of its pattern of trade over time. The paper looks at two lessons for …

model incorporates the assumption of subsistence consumption into the neo-classical exogenous growth model – yielding …

business. As a result idiosyncratic risk discourages entrepreneurial activity and hinders growth, with the effects being … and dispersion of productivity growth. …