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explained by the standard general equilibrium theory if consumption demand is treated as the primary source of aggregate …
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predictions of interest rates based on a general equilibrium theory are partially consistent with US data"--Federal Reserve Bank …
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"Human capital is typically viewed as generating a number of desirable outcomes, including economic growth. Yet, in spite of its importance, few empirical studies have explored why some economies accumulate more human capital than others. This paper attempts to do so using a sample of more than...
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"One of the most robust findings emerging from studies of industrial agglomeration is the rise in productivity that …
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"The acceleration of productivity growth during the latter half of the 1990s was both the defining economic event of … between incoming aggregate data, which initially suggested little productivity gain, and anecdotal firm-level evidence which … Chairman, argued that revolutionary increases in productivity were occurring and the Committee should not prematurely forgo …
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