, output volatility, and economic growth, using a large cross-section of 88 countries over the period 1960 to 2004 …, is negatively associated with economic growth. Third, there is no direct effect of cyclicality of economic growth other … (discretionary and) cyclical fiscal policy to improve growth performance by reducing volatility. …

insignificant. The accelerator effect of output growth was also found to be insignificant across the countries over the time period …

The literature on growth theory is rich with models attempting to explain growth differences among countries. Several … variables have been proposed many of which were found to be positively related to growth. However, a major problem with these … models is that the factors explaining growth are endogenously determined by their environment so that a slow-growing or a …

This paper presents a framework for quantifying uncertainty around point forecasts for GDP, inflation and house prices …

It is important to understand the growth process under way in China. However, analyses of Chinese growth became … increasingly more difficult after the real GDP doubling target was announced in 2012 and the official real GDP statistics lost … project Chinese aggregates. Using this provincial data, we build an alternative indicator for Chinese growth that is able to …

In this paper, Turkish high and persistent inflation experience and its impact on inflation uncertainty and growth have … impacts on growth in Turkey in the analyzed period. However, inflation uncertainty has much more negative effect on growth in … comparison with inflation. In other words, while 1% increase in inflation rate decrease growth 0.56%, an 1% increase in inflation …

explores implications for growth, innovation, inflation, financial markets, fiscal policy, and several socio-economic outcomes …