? How are wages determined? What role do labor market dynamics play in explaining business cycles and growth? The survey …

, appropriate for measuring interest rate effects. A stochastic trend measures underlying shifts in productivity and other supply … growth. There are important and persistent effects of high real interest rates, which significantly constrained growth in the … 1990s, and significant potential growth benefits from fiscal discipline. South African growth appears to have become more …

tightened further. Global growth has been moving in the opposite direction: it has declined sharply since the beginning of the … developments, the risk of stagflation-a combination of high inflation and sluggish growth-has risen. The recovery from the … expectations, elevated financial vulnerabilities, and weakening growth fundamentals. …

This article analyses the development of economic growth in Brazil in terms of capital accumulation, following the … productivity. Both, with the addition of the price ratio, determine the productivity of capital, a key variable in understanding …

productivity but not necessarily on its long run growth rate. I therefore predict that the UK will eventually return to the growth …The productivity performance of the UK economy in the period 1990-2007 was excellent. Based entirely on pre-crisis data …, and using a two-sector growth model, I project the future growth rate of GDP per hour in the market sector to be 2.61% p …

productivity in the UK while leaving the long run growth rate unaffected. Based entirely on pre-crisis data, and using a two …-sector growth model, I project the future growth rate of GDP per hour in the market sector to be 2.61% p.a. Based on a cross …

We examine the growth performance of six emerging economies (Brazil, China, India, Indonesia, Russia and Turkey) in the … last two decades and examine whether domestic structural constraints are affecting their present and future growth … the dynamics of labor productivity (value added per worker, a synthetic measure of capital deepening, labor quality and …

productivity in the UK while leaving the long run growth rate unaffected. Based entirely on pre-crisis data, and using a two …-sector growth model, I project the future growth rate of GDP per hour in the market sector to be 2.61% p.a. Based on a cross …