-run output equation with a coefficient equal to the share of capital (α). The long-run theory is tested using quarterly data on … results support the long-run theory. The existence of long-run relations between real output, foreign output and real oil … steadily over the past three decades, the theory suggests that the effect of oil income on the economy's steady state growth …

output equation with a coefficient equal to the share of capital. The long run theory is tested using a new quarterly data … long run relations: an output equation as predicted by the theory and a standard real money demand equation with inflation …

countries of the Gulf Cooperation Council (GCC) using (panel) cointegration techniques. The existence of cointegration between … oil revenues, GDP and investment can be confirmed for all countries. While the cointegration vector is found to be unique …

In 1990 Colombia replaced its traditional system of severance payments with a new system of severance payments savings …

with and without wage rigidities. The paper then explores time series data from Argentina, Brazil, Colombia and Mexico to … test for cointegrating relationships corresponding to the patterns predicted by theory. We confirm episodes of expansion of …

We examine the channels through which a randomized early childhood intervention in Colombia led to significant gains in …