impact of these shocks on economic growth. This paper reviews the literature on macroeconomic vulnerability and finds that …

We conduct an extensive robustness analysis of the relationship between trust and growth for a later time period (the … results. We find that the trust-growth relationship is less robust with respect to empirical specification and to countries in … compared with many other growth-regression variables. …

growth through capital accumulation. This paper contributes to this literature. As opposed to the previous studies, which …

A highly skilled immigration can be growth enhancing if the positive contribution of the imported brains to the host … growth depleting if the latter effect dominates. …

We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between … contribute to expanding the host country's capital stock. The model suggests that greenfield FDI has a stronger impact on growth … than M&A sales. This hypothesis is supported by our empirical results, which show that greenfield FDI enhances growth …

higher growth. Our analysis accommodates costly signalling for gaining credibility and also assigns a novel role to spending …

-known regularities in all of growth and development economics. Yet there is less than complete agreement on the nature of that … association. Here we identify two waves of service sector growth, a first wave in countries with relatively low levels of per …

-homothetic preferences in a general-equilibrium model of endogenous growth and international trade between two countries, and argue that the … is high whereas the world growth rate is low. The introduction of non-homothetic preferences rises a number of …