Showing 1 - 10 of 174
Does the distribution of income within a country become more equal as it grows richer? This paper uses plausibly exogenous variations in trade-weighted world income and international oil price shocks as instruments for within-country variations in countries real GDP per capita to examine this...
Persistent link: https://www.econbiz.de/10011242187
Countries in Transition, ACTs) has slowed already sluggish growth; worsened unemployment, particularly of youth; undermined … the Arab Spring and based on cross-country experience, this paper concludes that sustainable and inclusive growth calls … for a two pronged approach: short term measures that revive growth momentum and partially allay popular concerns …
Persistent link: https://www.econbiz.de/10011142081
-sustaining growth based on private consumption and investment. This paper finds that Japanese nonfinancial firms have accumulated cash …
Persistent link: https://www.econbiz.de/10011142082
of the stimulus and its gradual withdrawal sowed seeds for inflationary and BoP pressures and growth slowdown, then …
Persistent link: https://www.econbiz.de/10011142116
GDP growth in India. We collect data on a sample of 14 Indian states over the period 1989–2013, and use the cross …, there is a negative long-run relationship between inflation and economic growth in India. We also find statistically …-significant inflation-growth threshold effects in the case of states with persistently-elevated inflation rates of above 5.5 percent. This …
Persistent link: https://www.econbiz.de/10011142122
and floods have a negative effect on growth, and that debt increases with floods but not with storms. However, in a …
Persistent link: https://www.econbiz.de/10011142127
growth-friendly fiscal reforms. …
Persistent link: https://www.econbiz.de/10011142132
predict stagnation (Meade, 1961). We use growth accounting to analyze the sources of past growth and project potential ranges … of growth through 2033. Growth averaged 4½ percent over the past 20 years. Our baseline suggests future growth rates … around 3¼ percent, but growth could reach 4-5 percent with strong pro-active policies including (i) improving investment and …
Persistent link: https://www.econbiz.de/10011142138
We trace Japanese firms’ behavior over the last decades using aggregate corporate balance sheet data. Financial health of Japanese corporate sector has improved and firms paid back significant amount of debt and rebuilt their liquidity buffers. They also expanded abroad while the pace of...
Persistent link: https://www.econbiz.de/10011142186
Many small middle-income countries (SMICs) in sub-Saharan Africa (SSA) have experienced a moderation in growth in … historically, this growth model appears to have run its course. The analysis in this paper suggests that the decline in the … contribution of total factor productivity (TFP) to growth is largely responsible for the slowdown in trend growth in many SMICs …
Persistent link: https://www.econbiz.de/10011123829