This article examines the impact of technological diffusion and international migrants' remittances on the economic development of less-developed countries. The hypothesis that skilled workers, living and working overseas, can effectively channel technological knowledge back to their home...

A number of papers have documented a significant decline in real GDP volatility in several major OECD economies. Some authors have presented evidence to suggest that this is the outcome of a one-off structural break from a high to low volatility state whilst others have estimated regime...

This paper investigates empirically whether the natural resource curse exists and if institutions can help alleviate this curse. Both cross-country and dynamic panel regressions confirm the important role of institutional quality (measured by either institutional design or institutional...