This paper examines the economic scenario of the United States, before and after the 2012 US Presidential election by analyzing various macroeconomic variables such as GDP, Public Debt, Exchange Rate, Social Benefit Spending, Trade, Budget Deficit/ Surplus, Unemployment Rate, Inflation and...

We review both the theoretical and empirical literature on entrepreneurship and financial frictions, with an emphasis on the heterogeneous and dynamic micro-level implications of financial frictions for macro development.

Este trabalho trata do impacto da dívida pública sobre o crescimento econômico utilizando conjunto de dados de painel para o período de 1990 a 2000 nos países da América Latina e Caribe e considerando técnicas de método GMM para painéis dinâmicos. De acordo com os resultados de nossas...

En este trabajo se presentan varios modelos econométricos con datos de panel internacionales, que ponen de manifiesto el importante impacto positivo y significativo que el capital humano tiene sobre el desarrollo económico, a través del efecto inversión y mediante otros efectos indirectos, e...

How much would output increase if underdeveloped economies were to increase their levels of schooling? We contribute to the development accounting literature by describing a non-parametric upper bound on the increase in output that can be generated by more schooling. The advantage of our...

Most developing and underdeveloped countries beside Sudan suffer from the low levels of income in addition to the low savings that are result from the lack of sophisticated savings channels. Hence, the investment depends on the individual's abilities on self savings, where the investment is...

Despite the immense progress that has been made throughout the world in improving the quality of life through applications of technology, large proportions of the peoples of Africa still leave on less than $1.00 per day income. The seven most industrialised democracies of the world, without...

This study presents a model of economic growth based on saturating demand, where the demand for a good has a certain maximum amount. In this model, the economy grows not only by the improvement in production efficiency in each sector, but also by the migration of production factors (labor in...

La publicación examina la situación internacional del Perú en una década de consolidación del proceso democrático y de continuado crecimiento y apertura económicos. La presentación de un mapamundi invertido y desplazado de su eje tradicional, con el Océano Pacífico en el centro,...