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growth performance directly or indirectly through the above exogenous shocks. The focus, mostly but not exclusively … economic growth. …
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A high share of foreign currency denomination of domestic public debt in rules out any recourse to inflation tax as an effective adjustment device. Anti- inflation policies based upon hard peg regimes may remove the exchange rate risk in the short run but - as pointed out by Argentina’s...
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productivity growth. This suggests that increasing the workforce�s level of educational attainment is crucial to overcome the … sector. Firm-level evidence shows that the growth in graduate employment is due almost entirely to a �within� firm … stagnation in productivity that has characterized the Italian economy since the mid-nineties. …
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foster health in the long run, while the second, stimulating productivity and growth makes more resources available for …The paper addresses the issue of dynamic relationships between environment, health and growth. Its aim is to show that … improvement, due to sanitation and health infrastructures, possible because of income growth, leads to a better health, followed …
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shocks on productivity to replicate the differences in the business cycle behavior of output and consumption across countries … institutions, and the size of the credit market; and (iii) uncorrelated with the aid received by countries, the ratio of trade-openness …
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