and growth rates should be lower in countries that rely on a military draft to recruit their army personnel. For OECD …

during a period of rapid economic growth. Between 1992 and 2007, the average real wage increased by 202 percent, accompanied … by a sharp rise in wage inequality. Decomposition analysis reveals 80 percent of this wage growth to be attributable to … aggregate production function framework, we account for the sources of wage growth and wage inequality in the face of …

growth. Investment growth has dominated GDP growth in China during this decade but is also important in the cases of India … and Vietnam. To examine the global implications of domestic growth patterns in Asia, I analyze saving-investment balances …Rebalancing growth patterns of Asian economies is an important component of the overall rebalancing effort that will be …

resources promotes structural change and growth through two channels: First, by weakening oligopsony power of owners and thereby … easing entrepreneurial investments for credit-constrained individuals whose investment possibilities depend on their income …

investment in knowledge, and its productivity, looking at sectoral peculiarities which may emerge; to this end, we use a large …

firm's investment is comparatively more sensitive to cash flow, but this sensitivity is negatively and significantly … related with corporate efficiency. These results point to the fact that high investment sensitivity to cash flow may not be … solely driven by measurement error in investment opportunity, but may still be interpreted as a consequence of imperfect …

The interest rate represents an important monetary policy tool to steer investment in order to reach price stability …. Therefore, implications of the exact form and magnitude of the interest rate-investment nexus for the European Central Bank … impact of changes in the interest rate on macroeconomic investment under certainty and under uncertainty to investigate …

techniques, we estimate a structural labour market model for each group and evaluate the unemployment contributions of investment …

on firm-level TFP growth. We proxy regulatory burdens using the OECD indicators of sectoral non-manufacturing regulations … specification of TFP is based on a "neo-Schumpeterian" empirical specification in which productivity improvements depend on growth … at the global technological frontier and a catch up term. We assume that regulation can affect productivity growth both …

analyze how these two instruments affect economic growth via non-linear relationships. First of all, we develop a two …