complementarity in the practice. The model is estimated on panel data for workers and firms in Russia, facilitating identification …

as follows: (i) a higher dependence on primary commodities reduces economic growth, increases income inequality, and … slows down the rate of human capital accumulation; (ii) the negative effects of primary commodities on growth, inequality … the case of growth and inequality, the negative effect of primary commodities and the differences of the slope …

The literature on economic growth and development has focused considerable attention on questions of risk management …

This dissertation is an empirical investigation on the microeconomics of growth, focusing on the role of shocks and on …

growth model such a type of poverty trap is established as a locally stable steady state. Imperfect capital markets prevent … identified, which ought to be internalised. The thesis analyses two types of instruments that could generate economic growth via … generate a dynamic growth impulse which can leads a society out of backwardness and starts a transition towards an educated …

multiple equilibria in a growth model with human capital externalities. I find that there are two equilibria, one a poverty … by estimating a Markov-switching regression. This methodology allows me to characterize both distinct growth regimes and … variation in the institutional measure increases the probability of identifying both miracle growth and stagnation regimes …