contrast we aim to identify the impact on whole economies (economic growth, and financial sector development and reductions in …

start with the relation between development and rural-urban migration. Moving beyond the coarse rural-urban distinction, we … with development. As we discuss, these spatial dynamics often mask important differences across sectors. We then turn our … development, we draw on empirical evidence from both the historical evolution of today's developed economies and comparisons …

conditional growth rate, in a representative panel of developed economies. This paper develops a simple neoclassical growth model … goods. This is the above mentioned political system complementarity. Whether, steady state output and growth towards the …

We study the relationship between geography and growth. To do so, we first develop a dynamic spatial growth theory with … realistic geography. We characterize the model and its balanced growth path and propose a methodology to analyze equilibria with …

growth potential. In the model, at a good equilibrium a large number of children of well-educated parents take advantage of … returns to human capital can be decisive in determining the outcome. The model provides a basis for distinguishing development …

prevalence of contagious disease might evolve toward growth-inhibiting social institutions and how small initial differences can …

Does democracy promote economic development? We review recent attempts to addresses this question, which exploit the … each induce growth accelerations, but countries liberalizing their economy before extending political rights do better than … regime change have an independent effect on growth, and taking expectations into account helps identify a stronger growth …

This is an attempt to derive broad, strategic lessons from the diverse experience with economic growth in last 50 years … property rights, market-based competition, appropriate incentives, sound money, and so on – do not map into unique policy … argument is that igniting economic growth and sustaining it are somewhat different enterprises. The former generally requires a …