Remarks at the Rotary Club of Nashville, Nashville, Tennessee, July 20, 2009

Remarks for the Urban Land Institute at the Emerging Trends in Real Estate Conference, Atlanta, Georgia, November 10, 2009

Remarks at the Chattanooga Area Chamber of Commerce, Chattanooga, Tennessee, August 26, 2009

Remarks at the University of Miami, Coral Gables, Fla., October 22, 2009

Remarks at the University of South Alabama, Mitchell College of Business Center for Real Estate Studies, Coastal Economy Outlook conference, Mobile, Alabama, September 30, 2009

Remarks at the World Affairs Council of Jacksonville, Jacksonville, Florida, September 10, 2009

Remarks at the Georgia Bankers Association's Annual Convention, Atlanta, Georgia, June 15, 2009

The authors examine the relative importance of the growth of physical and human capital and the growth of total factor productivity (TFP) using newly organized data on 145 countries that span more than one hundred years for twenty-four of these countries. For all countries, only 3 percent of...

This paper develops a general equilibrium model of fertility and human capital investment under uncertainty. Uncertainty exists in the form of a probability that a young adult does not survive to old age. Parents maximize expected utility arising from own consumption, their fertility, and the...

Existing theories that emphasize the significance of financial intermediation for economic development have not addressed two important empirical facts: (i) the relationship between financial and real activities depends crucially on the stage of development, and (ii) financial and industrial...