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This chapter examines the relationship between health and economic growth. Across countries, income per capita is … highly correlated with health, as measured by life expectancy or a number of other indicators. Within countries, there is … also a correlation between people’s health and income. Finally, over time, the historical evolution of cross-country health …
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Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a generalised Solow-type growth model yields some answers. In the traditional Solow model, unemployment has no long-run influence on the growth rate and the level of productivity....
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