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Berggren, Niclas; Bjørnskov, Christian; Lipka, David - 2014

While previous research documents a negative relationship between government size and economic growth, suggesting an … economic cost of big government, a given government size generally affects growth differently in different countries. As a … possible explanation of this differential effect, we explore whether perceived government legitimacy (measured by satisfaction …

Persistent link: https://www.econbiz.de/10010420025

Generalized Morality, Institutions and Economic Growth, and the Intermediating Role of Generalized Trust

James, Jr., Harvey S. - 2015

Generalized morality reflects ethical norms in society about the inappropriateness of behaviors that can cause harm to others. Generalized morality may be an important factor affecting the economic performance of countries. An indicator of generalized morality is constructed from data from the...

Persistent link: https://www.econbiz.de/10013029558

An Empirical Investigation of the Relationship Among Generalized Morality, Institutions, Generalized Trust and Economic Growth

James, Jr., Harvey S. - 2013

Generalized morality reflects ethical norms in society about the inappropriateness of behaviors that can cause harm to others. Generalized morality may be an important factor affecting the economic performance of countries. A measure of generalized morality is constructed from data from the...

Persistent link: https://www.econbiz.de/10013075523

In Europe we trust?

Ritzen, Jozef M. M.; Haas, Jasmina - 2016

The decrease in the rule of law and in control of corruption in several EU countries is a threat to the cohesion in the EU. Brexit has reinforced the centrifugal forces in the EU. To counter this threat the EU needs to engage in unpopular measures as they infringe on the Member States'...

Persistent link: https://www.econbiz.de/10011516715

Bank credit growth and trust : does institutional quality matter? : evidence from the Association of Southeast Asian Nations

Al-Baity, Mohamed; Mallek, Ray Saadaoui; Noman, Abu … - In: Asian development review : studies of Asian and pacific … 39 (2022), pp. 223-259

This study investigated whether the quality of governance, trustworthiness, and confidence impacts bank credit growth … employing data concerning 282 banks between 2012 and 2019, this study found that trustworthiness boosted bank credit growth … and accountability and political stability, which were found not to influence bank credit growth. Moreover, similar to …

Persistent link: https://www.econbiz.de/10013431257

A neoclassical perspective on Switzerland's 1990s stagnation

Stucki, Yannic; Thomet, Jacqueline - 2018

We study Switzerland's 1990s growth weakness through the lens of the business cycle accounting framework by Chari, Kehoe, and McGrattan (2007). Our main result is that weak productivity growth cannot account for the experienced stagnation. Rather, the stagnation is explained by factors that made...

Persistent link: https://www.econbiz.de/10011961309

A neoclassical perspective on Switzerland’s 1990s stagnation

Stucki, Yannic; Thomet, Jacqueline - In: Swiss journal of economics and statistics 157 (2021) 1, pp. 1-26

We study Switzerland's weak growth during the 1990s through the lens of the business cycle accounting framework of Chari et al. (Econometrica 75(3):781-836, 2007). Our main result is that weak productivity growth cannot account for the 1993-1996 stagnation episode. Rather, the stagnation is...

Persistent link: https://www.econbiz.de/10012793482

Debunking the granular origins of aggregate fluctuations : from real business cycles back to Keynes

Dosi, Giovanni; Napoletano, Mauro; Roventini, Andrea; … - 2018

In this work we study the granular origins of business cycles and their possible underlying drivers. As shown by Gabaix (2011), the skewed nature of firm size distributions implies that idiosyncratic (and independent) firm-level shocks may account for a significant portion of aggregate...

Persistent link: https://www.econbiz.de/10011873811

Bridging the Gap between the Short and the Long Run in Macroeconomics : Outline of the GSMS-SS Model of Economic Growth and the Business Cycle

Mueller, Antony P. - 2014

The GSMS-SS model shows under which conditions credit-driven economic expansions are unsustainable and how such booms revert into busts. If central banks pursue a policy of inflation targeting and prevent deflation from happening when technological progress would lower the price level, they...

Persistent link: https://www.econbiz.de/10013058914

Institutional quality and growth traps

Dollar, David - In: Asia and the middle-income trap, (pp. 159-178). 2016

Persistent link: https://www.econbiz.de/10011541972

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