Narrow search
Showing 1 - 6 of 6
Cover Image
The structural transformation between manufacturing and services and the deline in the US GDP volatility
Moro, Alessio - 2009
Persistent link: https://www.econbiz.de/10003970548
Cover Image
Structural change, growth, and volatility
Moro, Alessio - In: American economic journal : a journal of the American … 7 (2015) 3, pp. 259-294
Persistent link: https://www.econbiz.de/10011318311
Cover Image
The rise of the service economy and the real return on capital
León-Ledesma, Miguel A.; Moro, Alessio - 2016
We use a two-sector model of structural transformation and balanced growth to show that the real interest rate, measured as the return on capital in units of GDP or in units of aggregate consumption, declines as income grows. This is due to the differential TFP growth in the goods producing...
Persistent link: https://www.econbiz.de/10011471365
Cover Image
The rise of services and balanced growth in theory and data
León-Ledesma, Miguel A.; Moro, Alessio - In: American economic journal : a journal of the American … 12 (2020) 4, pp. 109-146
Persistent link: https://www.econbiz.de/10012421535
Cover Image
Sectoral shocks and home substitution
Moro, Alessio; Tanaka, Satoshi - In: Economics letters 181 (2019), pp. 57-60
Persistent link: https://www.econbiz.de/10012121870
Cover Image
The rise of services and balanced growth in theory and data
León-Ledesma, Miguel A.; Moro, Alessio - 2017
Persistent link: https://www.econbiz.de/10012171933