factor productivity. The paper develops empirical growth models that allow for this effect in a more flexible way than …

structural change and economic growth. Changes in the structure of employment will raise aggregate productivity when the marginal … makes a significant contribution to the international variation in productivity growth. …

emerging and advanced economies. We assess the impact of appreciations, productivity booms and capital inflows surges using a … propensity-score matching approach to address causality issues. We show that appreciations associated with higher productivity …