a revival of interest in the effect of risk on economic growth. We quantify both ex ante and ex post effects of risk …-running panel data set for rural households in Zimbabwe. We find that risk substantially reduces growth: in the ergodic distribution …-based estimate of the effect of shocks on growth. About two-thirds of the impact of risk is due to the ex ante effect (i.e. the …

This paper studies the connection between trade and growth in the context of a partial and inconsistent liberalization … for the closer integration with Russia and the impact of this process on Belarus growth led us to the conclusion that the … conclusion is supported by the results of country-specific growth regressions and of a counterfactual "free trade experiment" via …

This paper puts forward a method to estimate average economic growth, andits associated confidence bounds, which does …

Time varying patterns in US growth are analyzed using various univariate model structures, starting from a naive model … conditional variance are specified together with their interaction, including survey data on expected growth in order to … forecasting performance of the various model specifications. The extension of a basic growth model with a constant mean to models …

achieving high output growth. It is argued that due to the forward looking nature of the foreign exchange market, exchange rate … stability hinges on the current and anticipated coherency of monetary and fiscal policies. We demonstrate this empirically on a …

, and (iii) productivity and growth, relative to the contributions of the entrepreneurs’ counterparts, i.e., the ‘control … very important—but specific—function in the economy. They engender relatively much employment creation, productivity growth … studies show that entrepreneurial firms produce important spillovers that affect regional employment growth rates of all …

rate of economic growth. They are disturbed to find in their cross sections that faster economic growth statistically goes … BE is unwarranted if we properly account for “conditional convergence” in the regressions for economic growth. Other … growth after a long period of stagnation: the ex-communist countries in central and Eastern Europe. Many of these nations …

distribution. We find that economic growth is good for the rich in the sense that the mean income of the top decile of the … growth is really good for the really rich. We also find that during economic downturns, the average income of top earners …