We assess the long-run growth effects of rising longevity and increasing the retirement age when growth is driven by purposeful research and development. In contrast to economies in which growth depends on learning-by-doing spillovers, raising the retirement age fosters economic growth. How...

This study reexamines the relationship between economic growth and inequality, challenging the conventional view that regards inequality solely as an impediment to development. While recognizing the essential role of economic growth in development plans, our analysis extends beyond this...

Technological advancements are often viewed as drivers of green growth, but they also carry the potential to widen social inequality, particularly in job automation and the transformation of work routines. This study delves into the relationship between technology and inclusive growth, drawing...

This paper examines the effect that windfalls from international commodity price booms have on net foreign assets in a panel of 145 countries during the period 1970-2007. The main finding is that windfalls from international commodity price booms lead to a significant increase in net foreign...