year from 2013 and onwards. This paper argues that it is necessary to allow short term fluctuations in emissions in order … States reveals systematic fluctuations of some +/- 5 percent a year around the long run trend. Hence, the Emission Trading …

This paper attempts to examine empirically the dynamic relationship between inflation, growth and interest rate under … has a negative impact on both growth and the size of the informal activities, while inflation does not have a significant … effect on them. The influence of interest rate on growth and the size of the informal economy is found to be robust to VAR …

The aim of this note is to investigate the relationship between economic growth and mandatory retirement in an … overlapping generations model where private investment in human capital is the engine of endogenous growth. We derive a novel … result in the retirement-growth literature by showing that the relationship between the mandatory retirement age and economic …

This paper underlines the influence of trade diversification on GDP per capita growth. Using methodologies developed by … confirm that trade diversification has a positive effect on growth. However, this positive effect of diversification tends to … geographic diversification: to implement economic growth, developing countries should extend exports of new products rather than …

This paper examines the growth and income distribution effects of inflation in a growing economy with heterogeneous … consumption spending, we show that a higher growth of monetary supply yields a negative impact on growth and an ambiguous effect …-run effects of money growth are rather small. In contrast, fiscal distortion caused by progressive taxation yield significant …

services on growth. Causality analysis is performed with seven financial development and three growth indicators in the …