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Takeoffs
Aizenman, Joshua; Spiegel, Mark - 2007
stagnation. We examine a panel of 241 stagnation episodes" from 146 countries, 54 % of these episodes are followed by takeoffs …. Countries that experience takeoffs average 2.3% annual growth following their stagnation episodes, while those that do not …
Persistent link: https://www.econbiz.de/10010285304
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Takeoffs
Aizenman, Joshua; Spiegel, Mark - In: Review of development economics 14 (2010) 2, pp. 177-196
Persistent link: https://www.econbiz.de/10003975759
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Takeoffs
Aizenman, Joshua - 2007
stagnation. We examine a panel of 241 "stagnation episodes" from 146 countries, 54 % of these episodes are followed by takeoffs …. Countries that experience takeoffs average 2.3% annual growth following their stagnation episodes, while those that do not …
Persistent link: https://www.econbiz.de/10012465570
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Takeoffs
Aizenman, Joshua - 2007
stagnation. We examine a panel of 241 quot;stagnation episodesquot; from 146 countries, 54 % of these episodes are followed by … takeoffs. Countries that experience takeoffs average 2.3% annual growth following their stagnation episodes, while those that …
Persistent link: https://www.econbiz.de/10012776960
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Economic growth with constraints on tax revenues and public debt : implications for fiscal policy and cross-country differences
Aizenman, Joshua; Kletzer, Kenneth; Pinto, Brian - 2007
This paper evaluates optimal public investment and fiscal policy for countries characterized by limited tax and debt capacities. We study a non stochastic CRS endogenous growth model where public expenditure is an input in the production process, in countries where distortions and limited...
Persistent link: https://www.econbiz.de/10003854944
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Real exchange rate, mercantilism and the learning by doing externality
Aizenman, Joshua; Yi, Chae-u - In: Pacific economic review 15 (2010) 3, pp. 324-335
Persistent link: https://www.econbiz.de/10008701710
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Economic growth with constraints on tax revenues and public debt : implications for fiscal policy and cross-country differences
Aizenman, Joshua; Kletzer, Kenneth; Pinto, Brian - 2007
Persistent link: https://www.econbiz.de/10003408551
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Economic growth with constraints on tax revenues and public debt : implications for fiscal policy and cross-country differences
Aizenman, Joshua (contributor); Kletzer, Kenneth (contributor) - 2007
Persistent link: https://www.econbiz.de/10003411821
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The real exchange rate, mercantilism and the learning by doing externality
Aizenman, Joshua; Yi, Chae-u - 2008
"This paper examines the degree to which the learning by doing externality [LBD] calls for an undervalued exchange rate, a policy suggested by recent empirical studies which concluded that mildly undervalued real exchange rate may enhance growth. We obtain mixed results. For an economy where LBD...
Persistent link: https://www.econbiz.de/10003681919
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House Valuations and Economic Growth : Some International Evidence
Aizenman, Joshua - 2016
This paper evaluates the relation between house prices and economic growth. Using a dataset that covers house prices for 19 countries from the first quarter of 1975 to the third quarter of 2013. We find that house price appreciations are positively associated with economic growth, while the...
Persistent link: https://www.econbiz.de/10012982021