The picture on disparities in productivity growth and in unemployment across European regions reveals the existence of … convergence of unemployment rates. This paper uses a unified framework to study both phenomena. We adopt a three …

war, assumes full employment. On the other hand, the unemployment theory (Friedman, 1968) turned the attention to the …

institutions also influences economic growth and the ability of a country to attract trade and foreign direct investment …. Consequently, when institutions of FSU and sub-Saharan countries develop to the point they become attractive to traders and … commit credibly to increasing capacities of their state institutions with a view to supporting property-based rule of law and …

recipient's level of income or quality of institutions and policies; we find that short-impact aid causes growth, on average … with stronger institutions or longer life expectancies (better health). We also find a significant negative relationship …

In a simple theoretical framework, the quality of institutions affects individual’s investment decisions, and hence … income levels and distribution. When institutions deteriorates and inequalities increase, the incumbent undertakes … redistributive taxation to maintain political support. The quality of institutions and the extent of redistribution depend on the …

This paper studies the co-movements of unemployment and labor productivity growth for the U.S. economy. Measures of co …