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The recent decline in gross domestic product (GDP) growth in India raised a debate about whether it is a trend or a …. At the same time, the economy witnessed negative shocks to trend growth caused by policy uncertainty. In this paper, we … pull up trend growth of output. Given that the supply of factors, namely labor, human capital, infrastructure, and non …
Persistent link: https://www.econbiz.de/10011432712
The recent decline in gross domestic product (GDP) growth in India raised a debate about whether it is a trend or a …. At the same time, the economy witnessed negative shocks to trend growth caused by policy uncertainty. In this paper, we … pull up trend growth of output. Given that the supply of factors, namely labor, human capital, infrastructure, and non …
Persistent link: https://www.econbiz.de/10010463539
Persistent link: https://www.econbiz.de/10012495696
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rate of growth of capital asset or income whether source of borrowing is bank or money lender. This is then formalized in a …
Persistent link: https://www.econbiz.de/10011952114
Vice is the true father of Western capitalism, according to Ian Klaus in this fascinating, wildly entertaining, and often startling history of modern finance. Rather than the noble pursuit of gentlemen, international financial affairs in the nineteenth century were conducted in large part, the...
Persistent link: https://www.econbiz.de/10011312886
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This paper presents an analysis of the effect of bureaucratic corruption on economic growth through a public finance transmission channel. At the theoretical level, we develop a simple dynamic general equilibrium model in which financial intermediaries make portfolio decisions on behalf of...
Persistent link: https://www.econbiz.de/10003748210
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