There is a growing consensus that the long-run per capita growth rate of the U.S. economy has drifted lower since the early 2000s, consistent with a perceived slowdown in business dynamism. One factor that may have contributed to this is a downshift in venture capital investment and its failure...

This book examines the macroeconomic and regulatory impact of domestic and international shocks on the South African economy resulting from the 2009 financial crisis. It also assesses the impact of the US economy’s eventual recovery from the crisis and the prospect of higher US interest rates...

The thesis at hand includes four essays that analyze issues related to the energy prices. In the first essay, the effects of oil prices on Turkish stock market activity is investigated by using vector autoregressive model (VAR). Specific attention is given to global liquidity conditions in order...