This paper offers two innovations for empirical growth research. First, the paper discusses principal components augmented regressions to take into account all available information in well-behaved regressions. Second, the paper proposes a frequentist model averaging framework as an alternative...

The context of competition -- Game theory and gaming -- Measurement and modeling -- One-period markets -- Endogenizing the monetary system -- The economy : time, size and complexity -- Building theories of economic process -- Uncertainty and velocity -- Preamble -- Innovation and evolution :...