legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier …, education and rigidities are significantly related to TFP growth. The contribution of the interaction between product market …

legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier …, education and rigidities are significantly related to TFP growth. The contribution of the interaction between product market …

We analyze the relationship between inequality and economic growth from two directions. The first part of the survey … examines the effect of inequality on growth, showing that when capital markets are imperfect, there is not necessarily a trade … impact of inequality and the positive effect of redistribution upon growth. The second part analyzes several mechanisms …

We examine how credit constraints affect the cyclical behavior of productivity-enhancing investment and thereby … volatility and growth. We first develop a simple growth model where firms engage in two types of investment: a short-term one and … a long-term productivity-enhancing one. Because it takes longer to complete, long-term investment has a relatively less …

regulation and labour market rigidity seems particularly substantial. -- Productivity ; growth ; regulations ; market rigidities … legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier …, education and rigidities are significantly related to TFP growth. The contribution of the interaction between product market …

legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier …, education and rigidities are significantly related to TFP growth. The contribution of the interaction between product market …

In this paper, we identify two counteracting effects of credit access on productivity growth: on the one hand, better … counteracting effects generate an inverted-U relationship between credit access and productivity growth. Then, we test our theory on … credit constraints and productivity growth when we aggregate our data at sectoral level. We then move to firm-level analysis …

legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological frontier …, education and rigidities are significantly related to TFP growth. The contribution of the interaction between product market …

Schumpeterian growth theory has operationalized Schumpeter’s notion of creative destruction by developing models based … on this concept. These models shed light on several aspects of the growth process that could not be properly addressed by …; (ii) firm dynamics; (iii) the relationship between growth and development with the notion of appropriate growth …

interacting financial development with macroeconomic variables such as average productivity or output volatility in growth and …Various attempts have been made recently at explaining why productivity differences persist between rich and poor … countries, and why some countries diverge from the world technology frontier in terms of their per capita GDP levels or growth …