important topic is covered, including growth, business cycles, fiscal policy, taxation and debt finance, current account …

Keynesian. These changes can be examined in the framework provided by the theory of "transformational growth." From this …

We studied the cyclical and growth properties of Brazilian per capita output from 1850 to 2000. Contrary to the …

growth and business cycles interdependent? Second, is money neutral even in the long run? Using data from the United States …-run money neutrality hypothesis. The results suggest that counter- cyclical growth models best capture the main channel of … influence between cycles and growth. A policy implication is that, if money affects the cycle, it is not neutral even in the …

divergence and lower long-run growth, whereas we find absolute convergence in expansions. The output costs of political and … financial crises are permanent on average and long-term growth is negatively linked to volatility. These results also imply that … panel data studies can help identify the sources of growth and that economic models should be capable of explaining growth …

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

important topic is covered, including growth, business cycles, fiscal policy, taxation and debt finance, current account …

important topic is covered, including growth, business cycles, fiscal policy, taxation and debt finance, current account …