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Ein Leitfaden für Entscheider, die sich auf die Ökonomie der Zukunft einstellen wollen. Die vier zentralen Thesen der Studie machen deutlich, wie Wachstum in der Wirtschaft von morgen gedacht werden muss und was dieses neue Verständnis für Strategie, Innovation und Wertschöpfung in...
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In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...
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This study investigates the impact of Nigerian government expenditure (disaggregated into capital and recurrent) on economic growth using time series data for the period 1970-2019. The paper employs Autoregressive Distributed Lag (ARDL) model. To ensure robustness of results, the study accounts...
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