After impressive growth in the 2000s, China's productivity has more recently stagnated. We use firm-level data to …'s business dynamism. We show that (i) the revenue share of young firms has declined, (ii) the life-cycle growth of young firms … relative to older incumbents has slowed, (iii) weaker life-cycle growth can be explained by slower productivity growth and …

This paper provides empirical evidence that the size of the spillovers from U.S. monetary policy to non-oil GDP growth … effectiveness of monetary policy are discussed. We find that the level of oil prices tends to dampen or amplify the growth impact of …

The paper discusses some channels through which corruption affects growth such as the impact of corruption on …

economies, assesses whether advances in integration have had a significant positive impact on countries'' risk-adjusted growth … opportunities, and identifies some of the channels through which financial integration may foster growth. Three main results obtain …-adjusted growth opportunities, while improved risk-adjusted growth opportunities predict future advances in integration, indicating …

times. An inflation shock only slightly reduces the debt ratio for a few quarters. A positive growth shock unambiguously …

along with output growth persistence by including a human capital investment sector and a variable physical capital … cycle window, and growth persistence only an 8% deviation in the low frequency, which indicates good "propagation …

We shed new light on the determinants of growth by tackling the blunt and weak instrument problems in the empirical … growth literature. As an instrument for each endogenous variable, we propose average values of the same variable in … instruments. We find that export sophistication is the only robust determinant of growth among standard growth determinants such …

External demand was the main driver of growth in Thailand in 2006 and 2007. However, WEO projections indicate … moderating foreign demand in 2008, with U.S. growth being revised downwards to reflect the turmoil in housing and credit markets ….S. slowdown on Thai growth. We find that a 1 percent slowdown in U.S. growth in 2008-relative to the baseline forecast-could have …

flows and capital market conditions and fostering economic growth in developing countries …

This paper provides a quantitative assessment of the impact of economic growth in the United States on growth in other … countries. Using panel data estimation, the paper finds a significant positive impact of U.S. growth on growth in the rest of ….S. growth on other countries can be explained by the significance of the United States as a global trading partner. The paper …