of household incomes allowing for endogenous attrition. Our estimates for Hungary and Russia in the 1990s reveal … significant nonlinearity in the dynamics, consistent with the claim that income inequality attenuates growth in mean income …We test for the existence of poverty traps and distribution-dependent growth using a nonlinear dynamic panel data model …

We employ a convex model of growth, nesting both a neoclassical and endogenous growth regimes, as a framework for … studying the contributions of capital accumulation to the widely documented divergence of international growth experiences. In … helps to deliver a greater global growth rate; but if unequally developed across countries, it can also help generate both …

This paper uses a modi.ed Harrodian model to understand both the long period of rapid Japanese growth and the recent … period of stagnation. The model has multiple steady-growth solutions when the labour supply is highly elastic, and government … intervention, we argue, took the Japanese economy onto a high-growth trajectory. Labour constraints began to appear around 1970 …

the context of two partial equilibrium endogenous growth models. In our first model, the scale of fickle outside … investment funds traces out a meanvariance tradeoff for the growth rate of the economy. In particular, the volatility of these … regulation of outside investment may increase growth. Our second model involves increasing returns and multiple equilibria. In …

over economic growth on developing countries. We analyze the relationship between growth, exchange rate and productive … connection between accumulation regimes and growth. The standard model will be modified by means of the introduction of a non …, showing that a higher growth rate is possible only by means of a devaluate real exchange rate. The empirical results show a …

We develop a New Economic Geography and Growth model which, by using a CES utility function in the second … sufficiently good substitutes; 3) the regional rate of growth is affected by the interregional allocation of economic activities … even in the absence of localized spillovers, so that geography always matters for growth and 4) the regional rate of growth …

This paper investigates the empirical validity of different classes of 'development trap' models of economic growth …

This paper develops a simple model of optimal growth with renewable resource and endogenous discounting. Relaxing the …