The demographic transition and economic growth in the Pacific Rim / Andrew Mason, Ronald Lee, and Sang-Hyop Lee ; comments: Jocelyn E. Finlay, Jong-Wha Lee -- Population aging and economic growth in Asia / David E. Bloom, David Canning, and Jocelyn E. Finlay ; comments: Roberto S. Mariano,...

We analyze real interest rate convergence among six industrialized countries in between 1975M1-2011M3 within a multi-country framework by means of a dynamic latent factor model. The real interest rates are decomposed into permanent and transitory factors, and country-specific components....

We propose a monitoring procedure to detect a structural change from stationary to integrated behavior. When the procedure is applied to the errors of a relationship between integrated series it thus monitors a structural change from a cointegrating relationship to a spurious regression. The...

We propose a unified growth theory to investigate the mechanics generating the economic and demographic transition, and the role of mortality differences for comparative development. The framework can replicate the quantitative patterns in historical time series data and in contemporaneous...

Introduction There is a large consensus that the amount of human capital in areas plays a crucial role for regional economic development. Previous evidence on regional economics highlight that a higher concentration of human capital is associated with more population, employment growth, income...