linking social spending, human capital, and growth in a system of equations. The paper finds that both education and health … to higher economic growth. The paper also finds that other policy interventions, such as improving governance, reducing …

We identify structural breaks in economic growth in 140 countries and use these to define ""growth spells:"" periods of … high growth preceded by an upbreak and ending either with a downbreak or with the end of the sample. Growth spells tend to … be shorter in African and Latin American countries than elsewhere. We find that growth duration is positively related to …

The impact of higher petroleum prices on the aggregate price level, real growth, and income distribution is appraised …