standard properties of a closed economy one-sector neoclassical growth model hold, ruling out cycles and chaos, and allowing us …

Recent studies on the growth effects of exchange rate regimes offer a wide range of different, sometimes contradictory …

countries. Despite these similar developments in inequality, the growth performance and drivers for growth differed markedly … among countries, allowing clusters of different growth regimes to be identified. Among them two extreme types: the debt … institutional structure and regulatory framework, affects growth differently, explaining the occurrence of both regime types. Based …

The BPCG model provides an interesting hypothesis regarding economic growth. The main implication is that world demand … consistently ?nds an important role for the level of the real exchange rate and investment, independently of world demand growth. …

sensitive to foreign activity. Germany has benefited from growth dynamics of trading partners and high income elasticities of … predicted export growth. Moreover, taking into account quantity and price effects caused by changes in the real exchange rate …

macroeconomic developments regarding economic growth, inflation, external balance, the fiscal situation and aggregate savings and …

size of these economies. It also provides insights into the prospects of future economic growth in China and India as also …

considered those that deliver sustainable economic growth, employment and more equitable income distribution. A macroeconomic … paper suggests that to reduce the current account deficits and achieve a more sustainable growth, foreign economic policy …

This paper derives the balance of payments-constrained growth (BPCG) model as a special case of a three good framework …-constrained growth rate. These findings help explain why empirical estimates tend to overestimate the BPCG rate. Overall our findings …