international trade, economic growth and technological change, dramatic increases in world trade in goods, services and financial … and economic growth are certainly affected by the fact that the actual technological developments have strong implications … for world trade and output growth. In Chapter 3, this new perspectives in economics are discussed. Last chapter presents …

motives), in which a low-income economy enjoys a high growth rate relative to a high-income economy, thanks to importing … technologies (or 'machines') invented in the high- income economy. Following Romer (1990), the growth of an economy is sustained by … productivity advances. The model can generate the growth paths of the U.S. and the South Korea. …

This note is motivated by recent arguments made by Martin Feldstein in which the relevance of inequality is dismissed … (if everybody's income goes up, who cares if inequality is up too?), and the argument is made that only poverty … alleviation should matter. This note shows that we all do care about inequality, and to hold that we should be concerned with …

We set up a unified growth model capturing the transition of a primitive and egalitarian hunter-gatherer society, into … human capital productivity and pushing the economy to sustained growth: an industrial revolution. Allowing also for a …

agrarian stages. We explain this rise-and- fall pattern of slavery in a growth model with land and labor as inputs in … agents own their labor. In this process, the role of population growth switches from being a force driving the transition …

This paper looks at the linkages between growth and business cycles by bringing together two strands of literature. We … incorporate a quality ladders engine of growth into an otherwise standard real business cycle model. Our fundamental question is …

agrarian stages. We explain this rise-and- fall pattern of slavery in a growth model with land and labor as inputs in … agents own their labor. In this process, the role of population growth switches from being a force driving the transition …