stimulus to austerity in Europe was quite abrupt. The difference in fiscal stance helps explain the difference in the post …

empirical model of economic growth, this essay shows that this transition has contributed substantially to East Asia's so … countries had social, economic, and political institutions and policies that allowed them to realize the growth potential … created by the transition. The empirical analyses indicate that population growth has a purely transitional effect on economic …

, Colombia and Mexico -- and three East Asian countries--Korea, Malaysia and Thailand. It identifies a number of potential …

additively and interacts with treatment variables. We present identification and estimation methods for parameters of interest in …

real GDP growth in the years prior to and following a crisis. The adjustment shows a much sharper V-type in the crisis … bank balance sheet. We find no evidence for a direct impact of a currency crisis on long-run growth …

following stock market liberalizations, the growth rate of the typical firm's capital stock exceeds its pre-liberalization mean … that a 1-percentage point increase in a firm's expected future sales growth predicts a 4.1-percentage point increase in its …