There has been a revival of interest in the effect of risk on economic growth. We quantify both ex ante and ex post … remarkable long-running panel data set for rural households in Zimbabwe. We find that risk substantially reduces growth: in the …, the first micro-based estimate of the effect of shocks on growth. About two-thirds of the impact of risk is due to the ex …

a revival of interest in the effect of risk on economic growth. We quantify both ex ante and ex post effects of risk …-running panel data set for rural households in Zimbabwe. We find that risk substantially reduces growth: in the ergodic distribution …-based estimate of the effect of shocks on growth. About two-thirds of the impact of risk is due to the ex ante effect (i.e. the …

future regime shift affects optimal management. We use a simple general growth model to analyze four cases that involve …

We analyze how the threat of a potential future regime shift affects optimal management. We use a simple general growth …

(Watts and Strogatz, Nature, 1998) into the theory of economic growth and investigates how increasing economic integration … institutions are needed to keep entrepreneurs in check. A gradual take-off to perpetual growth is explained by a feedback effect … stagnation differs from balanced growth by the presence of relatively many small firms of low productivity. …

This paper studies the connection between trade and growth in the context of a partial and inconsistent liberalization … for the closer integration with Russia and the impact of this process on Belarus growth led us to the conclusion that the … conclusion is supported by the results of country-specific growth regressions and of a counterfactual "free trade experiment" via …