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The international economics of natural resources and growth

Thorvaldur Gylfason (contributor) - 2007

Persistent link: https://www.econbiz.de/10003497703

Natural resource endowment : a mixed blessing?

Thorvaldur Gylfason - 2011

that arise along the way. Special attention is given to Norway, the world's third largest oil exporter, and the role of …

Persistent link: https://www.econbiz.de/10009010049

Nature, power, and growth

Thorvaldur Gylfason - 2001

This essay reviews the relationship between natural-resource abundance and economic growth around the world, and …

Persistent link: https://www.econbiz.de/10011397924

Natural resources and economic growth : what is the connection?

Thorvaldur Gylfason - 2001

This paper reviews the relationship between natural resources and economic growth, and stresses how natural capital tends to crowd out foreign capital, social capital, human capital, andphysical capital, thereby impeding economic growth across countries and presumably also over time....

Persistent link: https://www.econbiz.de/10011399567

Education, social equality and economic growth : a view of the landscape

Thorvaldur Gylfason; Gylfi Zoega - 2003

Education has been one of the key determinants of economic growth around the world since 1965. In this paper, we …

Persistent link: https://www.econbiz.de/10011506215

Monetary and fiscal management, finance, and growth

Thorvaldur Gylfason - 2004

This lecture addresses three related aspects of monetary and fiscal management in Europe and elsewhere. First, I discuss the implications of economic integration for monetary and fiscal policy, especially the narrow focus on low inflation as the main objective of monetary policy. I argue that...

Persistent link: https://www.econbiz.de/10011404264

Inequality and economic growth : do natural resources matter?

Thorvaldur Gylfason; Gylfi Zoega - 2002

This paper is intended to demonstrate, in theory as well as empirically, how increased dependence on natural resources tends to go along with less rapid economic growth and greater inequality in the distribution of income across countries. On the other hand, public policy in support of education...

Persistent link: https://www.econbiz.de/10011409782

Around the world with Irving Fisher

Thorvaldur Gylfason; Tómasson Helgi; Gylfi Zoega - 2015

This paper aims to show why Irving Fisher's own data on interest rates and inflation in New York, London, Paris, Berlin, Calcutta, and Tokyo from 1825 to 1927 suggested to him that nominal interest rates adjusted neither quickly nor fully to changes in inflation, not even in the long run. In...

Persistent link: https://www.econbiz.de/10010496089

Commodity price volatility, democracy and economic growth

Arezki, Rabah; Thorvaldur Gylfason - 2011

We use a new dataset on non-resource GDP to examine the impact of commodity price volatility on economic growth in a panel of up to 158 countries during the period 1970-2007. Our main finding is that commodity price volatility leads to a significant increase in non-resource GDP growth in...

Persistent link: https://www.econbiz.de/10009355147

Inequality undermines democracy and growth

Thorvaldur Gylfason - Villa Mondragone International Economic Seminar <30., … - 2019 - Final version 21 January 2019

growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank … and by The Standardized World Income Inequality Database are seen to be correlated with economic diversification, the rule … in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per …

Persistent link: https://www.econbiz.de/10011966802