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Financial Development and Growth Volatility: Time Series Evidence for Mexico and The United States
Cermeño Bazán, Rodolfo; Roa García, María; … - Centro de Investigación y Docencia Económicas (CIDE) - 2012
This paper explores the influences of financial deepening on growth and its volatility. Following a review of the theoretical literature that has attempted to explain these relationships, the paper presents time series evidence for the cases of Mexico and the US. The results suggest that, in the...
Persistent link: https://www.econbiz.de/10010675900
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Financial Development and Growth Volatility: Time Series Evidence for Mexico and The United States
Cermeño Bazán, Rodolfo; Roa García, María; … - Centro de Investigación y Docencia Económicas (CIDE) - 2012
This paper explores the influences of financial deepening on growth and its volatility. Following a review of the theoretical literature that has attempted to explain these relationships, the paper presents time series evidence for the cases of Mexico and the US. The results suggest that, in the...
Persistent link: https://www.econbiz.de/10010823279
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Long-lasting economic effects of pandemics: Evidence on growth and unemployment
Rodríguez-Caballero, C. Vladimir; Vera-Valdés, J. Eduardo - In: Econometrics 8 (2020) 3, pp. 1-16
This paper studies long economic series to assess the long-lasting effects of pandemics. We analyze if periods that cover pandemics have a change in trend and persistence in growth, and in level and persistence in unemployment. We find that there is an upward trend in the persistence level of...
Persistent link: https://www.econbiz.de/10012696300
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Long-lasting economic effects of pandemics : evidence on growth and unemployment
Rodríguez-Caballero, C. Vladimir; Vera-Valdés, J. Eduardo - In: Econometrics : open access journal 8 (2020) 3/37, pp. 1-16
This paper studies long economic series to assess the long-lasting effects of pandemics. We analyze if periods that cover pandemics have a change in trend and persistence in growth, and in level and persistence in unemployment. We find that there is an upward trend in the persistence level of...
Persistent link: https://www.econbiz.de/10012295989
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Sources, Reserves and Convergence of the Serbian Economic Growth - Jobless Growth of the Serbian Economy
Popović, Milenko - 2013
different assumptions regarding magnitudes of realization of these reserves, future convergence of the Serbian economy toward E …
Persistent link: https://www.econbiz.de/10010321662
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Convergence clubs in Latin America: A historical approach
Barrientos Quiroga, Paola Andrea - 2011
Literature on convergence among Latin American countries is still scarce compared to other regions. Almost none of the … research connects convergence to the economic history of Latin America and the usual finding is one speed of convergence … study, which allows me to use chronological events to explain, analyze and validate the historical convergence clubs in …
Persistent link: https://www.econbiz.de/10010326927
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Going up and down: Rethinking the empirics of growth in the developing and newly industrialized world
Lamperti, Francesco; Mattei, Clara Elisabetta - 2016
growth phases. Results show that expansionary regimes are associated with convergence and positive correlation between growth …
Persistent link: https://www.econbiz.de/10011789704
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Going up and down : rethinking the empirics of growth in the developing and newly industrialized world
Lamperti, Francesco; Mattei, Clara Elisabetta - 2016 - This version: January 2016
growth phases. Results show that expansionary regimes are associated with convergence and positive correlation between growth …
Persistent link: https://www.econbiz.de/10011412222
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North-South Convergence and the Allocation of CO2 Emissions
Llavador, Humberto; Roemer, John E.; Silvestre, Joaquim - Barcelona Graduate School of Economics (Barcelona GSE) - 2010
We postulate a two-region world, comprised of North (calibrated after the US) and South (calibrated after China). Our optimization results show the compatibility of the following three desiderata: (1) Global CO2 emissions follow a conservative path that leads to the stabilization of...
Persistent link: https://www.econbiz.de/10010547479
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Chapter 2 Growth with Quality-Improving Innovations: An Integrated Framework
Aghion, Philippe; Howitt, Peter - 2005
analyzing the determinants of long-run growth and convergence that is versatile, simple and empirically useful. Versatile, as … the same framework can be used to analyze how growth interacts with development and cross-country convergence and …
Persistent link: https://www.econbiz.de/10014023785