wealth per capita in the colonies. Focusing on the rapid growth of the primary exports of the Lower South in the colonial … indicates that they were much less important as a stimulus to economic growth than has heretofore been believed. This paper … stimulus to intensive growth within the region. …

"loose" monetary policy - that is having an interest rate below the target rate or having a growth rate of money above the … target growth rate - does positively impact asset prices and this correspondence is heightened during periods when asset …

recent research, we find that public debt overhang episodes are associated with growth over one percent lower than during … shortfall in output from debt overhang is potentially massive. We find that growth effects are significant even in the many …. That is, growth-reducing effects of high public debt are apparently not transmitted exclusively through high real interest …

Four explanations for secular stagnation are distinguished: a rise in global saving, slow population growth that makes … investment less attractive, averse trends in technology and productivity growth, and a decline in the relative price of …

We investigate the origins and growth of the Financial Stability Mandate (FSM) to examine why bank supervisors, inside …

We analyze the incidence and correlates of growth slowdowns in fast-growing middle-income countries, extending the …, consistent with the existence of multiple modes. We conclude that high growth in middle-income countries may decelerate in steps … rather than at a single point in time. This implies that a larger group of countries is at risk of a growth slowdown and that …