This paper investigates the effects of macroeconomic uncertainty on economic growth in the presence of fiscal consolidation in South Africa. Markov-switching dynamic regression (MSDR) and time-varying parameter vector autoregression (TVP-VAR) were performed using time series data from 1994 to...

"Understanding why so many people across the world are so poor is one of the central intellectual challenges of our time. What explains a pattern of extreme destitution for billions combined with plutocratic levels of income for a tiny minority? This book offers a novel approach to addressing...

1 Environment and Geography (Myung Soo Cha, Junseok Hwang, and Heejin Park) -- 2 Population (Myung Soo Cha and Heejin Park) -- 3 Labor Force and Employment (Yitaek Park) -- 4 Wages (Myung Soo Cha, Junseok Hwang, and Wooyoun Lee) -- 5 Education (Sun Go and Ki-Joo Park) -- 6 Health (Suk Chul Hong)...