structural change, new firms and innovations and therefore possibly also nowadays for employment growth. …

structural change, new firms and innovations and therefore possibly also nowadays for employment growth. …

We present evidence that an increase in investment as a share of GDP predicts a higher growth rate of output per worker … growth rates is consistent with the main implication of certain endogenous growth models, such as the AK model. …

Satiation of need is generally ignored by growth theory. I study a model where consumers may be satiated in any given … endogenized, the satiated equilibrium generically survives. For some parameter values, its growth rate is positive while labor … supply declines over time to zero. Its growth rate is then lower than that of the non satiated equilibrium. Hence, the …

We present evidence that an increase in investment as a share of GDP predicts a higher growth rate of output per worker … growth rates is consistent with the main implication of certain endogenous growth models, such as the AK model. …

process of financial globalization. Our central findings indicate that policies promoting financial sector development …

process of financial globalization. Our central findings indicate that policies promoting financial sector development …