Showing 1 - 10 of 542
In recent years, India has enjoyed one of the highest growth rates worldwide, weathering the global financial crisis better than many other countries. Prudent macroeconomic policies will be critical to prolonging the current expansion, given the risks associated with high inflation and volatile...
Persistent link: https://www.econbiz.de/10009191040
role of institutions and macroeconomic fundamentals on countries' adjustment to shocks. Our empirical analysis shows that … the associations of growth level, growth volatility, shocks, institutions, and macroeconomic fundamentals have changed in …
Persistent link: https://www.econbiz.de/10012064688
This paper first searches for the drivers of the Greek depression in the aftermath of the 2007-8 global crisis and in turn looks for engines of sustained growth. We use a micro-founded macroeconomic model calibrated to Greece. Our simulations show that the adopted adjustment program (namely, the...
Persistent link: https://www.econbiz.de/10012207953
have a mediating positive effect on FDI within country income groups, whereby countries with better-developed institutions …
Persistent link: https://www.econbiz.de/10012164840
This paper first searches for the drivers of the Greek depression in the aftermath of the 2007-8 global crisis and in turn looks for engines of sustained growth. We use a micro-founded macroeconomic model calibrated to Greece. Our simulations show that the adopted adjustment program (namely, the...
Persistent link: https://www.econbiz.de/10012195896
have a mediating positive effect on FDI within country income groups, whereby countries with better-developed institutions …
Persistent link: https://www.econbiz.de/10012164555
role of institutions and macroeconomic fundamentals on countries' adjustment to shocks. Our empirical analysis shows that … the associations of growth level, growth volatility, shocks, institutions, and macroeconomic fundamentals have changed in …
Persistent link: https://www.econbiz.de/10011754881
The role of institutions in promoting economic growth and development has generated considerable interest among … researchers and practitioners in recent years. This paper explores the role of state institutions in promoting growth using a GMM … econometric model. Specifically it attempted to test impact of two dimensions of institutions on growth using recently developed …
Persistent link: https://www.econbiz.de/10008567678
institutions on economic performance and the channels through which the institutional impact unfolds. The review is limited to work …
Persistent link: https://www.econbiz.de/10008683303
In this paper we argue the case for greater exploitation of synergies between research on specific institutions based … on micro-data and the big questions posed by the institutions and growth literature. To date, the macroeconomic … literature on institutions and growth has largely relied on cross-country regression evidence. This has provided compelling …
Persistent link: https://www.econbiz.de/10010264861