Similar Search Results

Infrastructure in a Structural Model of Economic Growth

Holtz-Eakin, Douglas - 1994

Researchers, commentators, and politicians have devoted steadily more attention to infrastructure in response to claims … between infrastructure and productivity growth remains controversial. In this regard, it is somewhat surprising that … infrastructure research has developed in isolation from the large literature on economic growth. We develop a neoclassical growth …

Persistent link: https://www.econbiz.de/10012474091

Industrial Relations and Economic Performance Grievances and Productivity

Ichniowski, Casey - 1984

This study documents a significant inverse relationship between grievance rates and productivity. It is argued in the theoretical model in the paper that this significant inverse relationship reflects greater discrepencies between reported and effective labor hours as grievance rates increase....

Persistent link: https://www.econbiz.de/10012477723

Implications of Population Aging for Economic Growth

Bloom, David E. - 2011

The share of the population aged 60 and over is projected to increase in nearly every country in the world during 2005-2050. Population ageing will tend to lower both labor-force participation and savings rates, thereby raising concerns about a future slowing of economic growth. Our calculations...

Persistent link: https://www.econbiz.de/10012461952

The Relationship Between Health and Growth : When Lucas Meets Nelson-Phelps

Aghion, Philippe - 2010

This paper revisits the relationship between health and growth in light of modern endogenous growth theory. We propose a unified framework that encompasses the growth effects of both the rate of improvement of health and the level of health. Based on cross-country regressions over the period...

Persistent link: https://www.econbiz.de/10012462837

Climate Shocks and Exports

Jones, Benjamin F. - 2010

This paper uses international trade data to examine the effects of climate shocks on economic activity. We examine panel models relating the annual growth rate of a country's exports in a particular product category to the country's weather in that year. We find that a poor country being 1...

Persistent link: https://www.econbiz.de/10012462941

Credit Constraints, Cyclical Fiscal Policy and Industry Growth

Aghion, Philippe - 2009

This paper evaluates whether the cyclical pattern of fiscal policy can affect growth. We first build a simple endogenous growth model where entrepreneurs can invest either in short-run projects or in long-term growth enhancing projects. Long-term projects involve a liquidity risk which credit...

Persistent link: https://www.econbiz.de/10012463531

Globalization, Macroeconomic Performance, and Monetary Policy

Mishkin, Frederic S. - 2008

The paper argues that many of the exaggerated claims that globalization has been an important factor in lowering inflation in recent years just do not hold up. Globalization does, however, have the potential to be stabilizing for individual economies and has been a key factor in promoting...

Persistent link: https://www.econbiz.de/10012464701

Labor Market Institutions Around the World

Freeman, Richard B. - 2007

The paper documents the large cross-country differences in labor institutions that make them a candidate explanatory factor for the divergent economic performance of countries and reviews what economists have learned about the effects of these institutions on economic outcomes. It identifies...

Persistent link: https://www.econbiz.de/10012465411

The Mystery of Human Capital as Engine of Growth, or Why the US Became the Economic Superpower in the 20th Century

Ehrlich, Isaac - 2007

This paper offers a thesis as to why the US overtook the UK and other European countries in the 20th century in both aggregate and per-capita GDP, as a case study of recent models of endogenous growth where human capital is the "engine of growth". The conjecture is that the ascendancy of the US...

Persistent link: https://www.econbiz.de/10012465788

Who's Going Broke? Comparing Growth in Healthcare Costs in Ten OECD Countries

Hagist, Christian - 2005

Although healthcare spending is growing at unsustainable rates in most, if not all, OECD countries, the U.S. appears least able to control its benefit growth due to the nature of its fee-for-service healthcare payment system. Consequently, the U.S. may well be in the worst long-term fiscal shape...

Persistent link: https://www.econbiz.de/10012466838

1
2
3
4
5
6
7
8
9
10
Next
Last