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Growth Miracles and Failures in a Markov Switching Classification Model of Growth

Kerekes, Monika - 2010

This paper interprets economic growth as a sequence of transitions between four growth regimes: crisis, stagnation, stable growth, and miracle growth. Countries experience distinct patterns of growth because they switch between the growth regimes with different frequencies. The aim of this paper...

Persistent link: https://www.econbiz.de/10010270295

Growth miracles and failures in a Markov switching classification model of growth

Kerekes, Monika - 2009

Acknowledging the fact that the growth experience of countries is seldom well described by the average growth rate, this paper aims at identifying countries that are similar in terms of their growth process, thus emphasizing the dynamics of growth rates. To that end, the growth experience of...

Persistent link: https://www.econbiz.de/10010299164

Growth miracles and failures in a Markov switching classification model of growth

Kerekes, Monika - Fachbereich Wirtschaftswissenschaft, Freie Universität … - 2009

Persistent link: https://www.econbiz.de/10008533542

Local Growth Empirics

Rappaport, Jordan - Center for International Development, Kennedy School of … - 1999

Using a newly constructed data panel on U.S. locality attributes, this paper sketches four sets of empirical facts on economic growth across U.S. counties. A first set of facts focuses on the time series and cross-correlation properties of local economic growth as measured by net migration, per...

Persistent link: https://www.econbiz.de/10005794686

Moving to Nice Weather

Rappaport, Jordan - Econometric Society - 2004

U.S. residents, both old and young, have been moving en masse to places with nice weather. Well known is the migration towards places with warm winter weather, which is often attributed to the introduction of air conditioning. But people have also been moving to places with cooler and less-humid...

Persistent link: https://www.econbiz.de/10005130222

Local Growth Theory

Rappaport, Jordan - Center for International Development, Kennedy School of … - 1999

What is the effect of factor mobility on income convergence? Why are population flows so persistent? Extending the … speed of income convergence depends mostly on capital mobility (i.e. the installation cost) and is relatively insensitive to … results. The speed of income convergence varies considerably in a neigborhood very close to the steady state. Consumption …

Persistent link: https://www.econbiz.de/10005260469

Why are Some Cities So Crowded?

Rappaport, Jordan - Society for Economic Dynamics - SED - 2005

Persistent link: https://www.econbiz.de/10005090861