inventories could in turn explain the GDP growth bounce-back pointed out in previous empirical studies. This calls for a careful …

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 …