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Persistent link: https://www.econbiz.de/10009691664
We analyze the relationship of the distribution of future GDP growth and accumulation of household debt in Finnish … macroeconomic data from 1980 to 2019. We find clear evidence that exuberant accumulation of household debt is related to the … damped. Thus, there is a link between rapid household debt growth and increase in probabilities of more severe downturns. We …
Persistent link: https://www.econbiz.de/10012521030
Persistent link: https://www.econbiz.de/10010260139
This policy brief prepared by ECLAC examines the economic and social impact of the war in Ukraine on the region, and offers countries recommendations on how to address its effects. The document analyzes economic and social variables as well as the different sectors of the regional economy that...
Persistent link: https://www.econbiz.de/10013329423
Science, innovation, knowledge and digital technologies have played a fundamental role in the growth potential, social inclusion and environmental sustainability of countries in recent decades, and have become even more important in the context of the crisis caused by the coronavirus disease...
Persistent link: https://www.econbiz.de/10013329594
This paper looks at the hypothesis of conditional convergence of Gross Domestic Product (GDP) per capita for a set of eighteen Latin American countries establishing a positive link with the growth rate of those economies. To that purpose, Ø-convergence, σ-convergence and Ú-convergence...
Persistent link: https://www.econbiz.de/10012217594
A central argument for increased protections of property rights (PR) is the role they play in encouraging economic transactions, investment and economic growth. Likewise, the utilitarian justification of intellectual property laws is that such rights promote creative inventions and innovation,...
Persistent link: https://www.econbiz.de/10013205118