turn looks for engines of sustained growth. We use a micro-founded macroeconomic model calibrated to Greece. Our …

We investigate the relationship between unemployment and growth in China. We find considerable differences in the …

We analyze how the threat of a potential future regime shift affects optimal management. We use a simple general growth …

We analyze the relationship between legal institutions, innovation and growth. We compare a rigid (law set ex … welfare, amount of innovation and output growth at intermediate stages of technological development - periods when legal … excessive (greater than first-best) R&D investment and output growth. …

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. …

In the first part of the paper we look at economic growth in Africa over the past three decades. We divide the past …. Although the improved growth performance has helped to improve human development and reduce poverty, poverty levels remain high … in many countries and more needs to be done to make growth more inclusive .In the second part we estimate the trend …

We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through …, growth affects trade, directly through changes in country size and indirectly through altering the incidence of trade costs …. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …

We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly …

Financial constraints are an important impediment to the growth of small businesses. We study theoretically and … decisions and growth of principals, in the context of franchising. We find that a 30 percent decrease in average … waiting time, and slows their growth by around 10 percent, leading to a 10 percent reduction in franchised chain employment. …