The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of … technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The … capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …

Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a … generalised augmented Solow-type growth model, yields some answers to this question. In particular, we show that the impact of … unemployment on productivity growth heavily depends on the influence of human capital in the production function. In the …

aggregate labor supply and savings. Next, we turn to economic growth, and describe how accounting for families is central for …

lower GDP growth per year on average. These estimated costs increase for candidates with serious accusations, multiple …

the past three decades than those starting out richer, as initial poverty retards growth and makes it less effective in … initial poverty incidences decline over time. Our analysis also finds initial poverty as having little direct effect on growth … in LDCs, except in SSA where higher initial poverty is associated with faster growth. …