In this paper, the correlation between unemployment rate and real output for OECD countries was analyzed through the application of Okun's Law and unemployment hysteresis 2007-2022. For this purpose, panel error correction, panel cointegration, ARDL Bounds Test and Granger causality techniques...

Tourism is one of the major determinants of global economic growth, creating jobs within the sector, and Africa is no exception. The target of the sub-Saharan African (SSA) countries is to consider tourism as an alternative means of economic expansion. However, tourism is a means of...

This timely study examines the impact of policies on growth, employment and poverty reduction in Indonesia, reviewing the periods both before and after the 1997 financial crisis and drawing important implications for today's policy-makers

An international board of contributors underline the diversity in the economic experiences of early modern Europeans, and suggest how this variety might be the foundation of a new conception of economic and social change

Growing Public examines the question of whether social policies that redistribute income impose constraints on economic growth. Lindert argues that, contrary to the intuition of many economists and the ideology of many politicians, social spending has contributed to, rather than inhibited,...

Since the earliest of times, human beings have endeavored to uncover the causes of prosperity. History is the best tool that society possesses for identifying and analyzing the factors that contribute to economic growth; yet economic statistics that lend

This benchmark volume addresses the debate over the effects of early industrialization on standards of living during the decades before the Civil War. Its contributors demonstrate that the aggregate antebellum economy was growing faster than any other large economy had grown before. Despite the...