macroeconomics, spanning areas like business-cycle analysis, economic growth theory, distributional economics, monetary and fiscal … theory, complemented by practical applications like the Smolyak algorithm, Gorman aggregation, rare disaster models and …

. The authors fill that void by developing a model with monopolistic competition and foreign direct investment in services … with Dixit-Stiglitz endogenous productivity effects from additional varieties. They specify a numerical model, with … outcome, based on the sample distribution. In order to ground the results in reality, the authors apply the model to Kenya …

. The authors fill that void by developing a model with monopolistic competition and foreign direct investment in services … with Dixit-Stiglitz endogenous productivity effects from additional varieties. They specify a numerical model, with … outcome, based on the sample distribution. In order to ground the results in reality, the authors apply the model to Kenya …

rate spread, and non-performing loans. A TFP decomposition finds that most of the productivity gains are captured by a …