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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
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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
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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
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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
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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
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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 …
Persistent link: https://www.econbiz.de/10011404264
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Employment growth, inflation and output growth : was Phillips right? ; evidence from a dynamic panel
Caporale, Guglielmo Maria; Škare, Marinko - 2011
In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in Phillips' tradition. For this purpose we apply FMOLS, DOLS, PMGE, MGE, DFE, and VECM methods to a nonstationary heterogeneous dynamic panel including annual data for 119...
Persistent link: https://www.econbiz.de/10009162091
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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
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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
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The international economics of natural resources and growth
Thorvaldur Gylfason (contributor) - 2007
Persistent link: https://www.econbiz.de/10003497703