In this paper, we analyze the interaction between corruption, taxation and economic growth. Our contributions are … twofold. Theoretically, in an endogenous growth model, we introduce corruption in two different ways: corruption in the public … growth rate positively but it can also exert a negative effect via fiscal revenue. Not only does it tend to make the tax rate …

We revisit the evidence of the existence of a long -run link between financial intermediation and economic growth, by … testing of cointegration between the growth rate of real GDP, control variables and three series reflecting financial … intermediation. We consider a model with a factor structure that allows us to determine whether the finance-growth link is due to …

Growth models with endogenous mortality assume generally that life expectancy is increasing with output per capita, and …

Undervaluation of the currency is generally believed to affect growth through two main transmission channels: the … "capital accumulation channel" and the "total factor productivity (TFP) growth channel". This paper carries out the first … empirical investigation on the TFP growth channel. More specifically, we provide answers to the three following questions: Does …

between skilled labor and unskilled labor wages. The question we ask is how the growth process shapes the wage inequality and … on the set of steady states and find that this relations hip is ambiguous. Finally, we develop an endogenous-growth … version of the model. In this version of the model the relationship between inequality and the rate of growth is also …

This paper examines the causality relationship between immigration, unemployment and economic growth of the host … (France, Iceland, Norway and the United Kingdom), growth positively causes immigration, whereas in any country, immigration … does not cause growth. …