economic theory in which the permanent component represents real influences, while the transitory component represents …

We propose a theory linking imperfect information to resource misallocation and hence to aggregate productivity and …

the perspective of economic theory as well as from the perspective of the historical experiences of the countries under … model specification. Model uncertainty consists of two types: theory uncertainty, which relates to which growth determinants … draws from the same statistical model. We propose ways to account for both theory and heterogeneity uncertainty. Finally …