-or-sow" model of growth. High volatility of permanent shocks results in high precautionary saving in the safe asset and low …

weak companies and its impact on resource allocation, economic growth, inflation, and financial stability. Using both firm … implementation, especially in countries where growth is lackluster. Our findings imply a tradeoff between conducting a … an expansionary monetary policy for long periods, which may lead to a combination of low interest rates, low growth, and …

The contribution of the information and communication technology (ICT) sector to growth in Asian economies is clearly … paper employs an extension of the standard growth accounting framework, using estimates of stock of ICT capital (hardware …, software, and telecommunications equipment), to estimate the direct contributions to growth. The contribution of ICT to growth …

amount of momentum towards fast growth. There is a possibility that, within the wider context of globalization, several of …

important growth spillovers in the region, and identifies the main source countries and those most vulnerable to the economic … conditions of others. Estimates show that in the short run, positive idiosyncratic shocks to regional trading partners' growth … significantly increase growth in the average sub-Saharan African country, while in the long-run the annual impact of growth in …