The growth of Foreign Direct Investment (FDI) in developing countries over the last decade has attracted an intense academic and policy-oriented interest for its determinants. Despite the gravity model being considered a useful tool to approximate bilateral FDI flows, the literature has seen a...

This paper analyzes how different forms of inequality have affected potential growth and the natural rate of interest in the U.S., Germany, and Japan during the last two decades. Growing inequality may constitute a drawback for the recovery of these economies after the Great Recession (GR) and...

The Great Depression spurred State ownership in Western capitalist countries. Germany was no exception, the last governments of the Weimar Republic took over firms in diverse sectors. Later, the Nazi regime transferred public ownership and public services to the private sector. In doing so, they...