On the basis of the suggestions of Friedman (1969, 1993) and Moore (1965) and considering the framework proposed by Balke and Wynne (1994, 1995), this paper evaluates whether recoveries growth depends on the characteristics of prior recessions (depth, steepness and duration) in the case of the...

A higher level and continuous education throughout entire life (necessary for adapting to the changes in the labor market) and a better health offer greater chances of sustained economic and social development. Also, a higher education level contributes to decrease the disparities between...