This paper examines the impact of financial market imperfections on long-term productivity growth. It focuses on … of real investment. The paper examines separately situations in which productivity growth is driven by learning …

This paper examines the impact of financial market imperfections on long-term productivity growth. It focuses on … of real investment. The paper examines separately situations in which productivity growth is driven by learning …

development. The political instability and conflict that we see around the world, arguably, has connection to economic deprivation …

equilibrium fictions. In the framework of this paper, technology, contacts with the outside world, and changes in power and wealth …