-sector extension of the one-sector growth model that encompasses the main existing theories of structural transformation. We argue that …

output growth in Muslim countries, and 2) it increases subjective well-being among Muslims. We then examine labor market …

1991 on economic performance. We do not find persuasive the contention of many analysts that growth accelerated after the … resulted in a growth acceleration. We show that there is an accelerating rate of growth of GDP after the mid 1970s and it is … difficult to identify the mechanism by which the more pro-business policies of the government were translated to higher growth …

shocks to the variance of the aggregate investment growth rate of 19 percent. The larger part of fluctuations in aggregate …

This paper studies the distribution of employment growth when firms adjust asymmetrically to dispersed but correlated …-volatility") and the cross sectional dispersion of employment growth ("micro-volatility") are countercyclical, as in the data … growth (contrary to TFP shocks) is negatively skewed in both the cross section and the time series, and employment responds …

What determines firm growth over the life-cycle? Exploiting unique firm panel data on internal organization, balance …-cycle patterns for firm growth. These theories include organizational capital accumulation and management practices, financial … frictions, learning about demand, and recent endogenous growth models with incumbent innovation. We emphasize the importance of …