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This article presents the construction and analysis of a long-run GDP growth model, including sample results, its sensitivity to parameter choices, and explanations of the concepts underpinning it. It is designed to be flexible so that scholars can use it with their own assumptions and parameter...
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Financial wealth over the last decades has become the clearest sign of economic advancement and well-being. The collapse of financial markets in the last 2 years has been a cataclysmic event. The loss of financial wealth has been enormous, and the consequences for the economies of the world are...
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This article is an updated version of the article “Financial Wealth: Sustained but High Gains and a Collapse for the Ages: An Estimate of Cycles of Buildup and Destruction of Wealth 2002–2009†from the January 2010 issue of the Global Journal of Emerging Market Economies (Loser...
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