Despite significant economic reforms in many Southern Mediterranean EU neighbour countries, their growth performance … has on average been subdued. This study analyses the differences in growth performance and macroeconomic stability across …

Even before the financial crisis of 2007/08, there were significant questions about Europe's long-term growth prospects …. After a long period of catching up with US levels of labour productivity, euro area productivity growth had, from the mid … declining rates of total factor productivity (TFP) growth and weaker capital accumulation as areas for concern in an European …

Even before the financial crisis of 2007/08, there were significant questions about Europe's long-term growth prospects …. After a long period of catching up with US levels of labour productivity, euro area productivity growth had, from the mid … declining rates of total factor productivity (TFP) growth and weaker capital accumulation as areas for concern in an European …

relatively more profit efficient banks foster growth in their region. The link between financial quality and growth is valid in …

well as government) on economic growth in ten euro-area countries during the 1980-2015 period. To this end, we make use of … three models (a baseline, an asymmetric and a threshold model) based on the empirical growth literature augmented by debt to … assess whether a debt change has an impact on growth over and above other determinants, treating the different types of …

Since the information and communications technology revolution, productivity growth in Southern European countries has … been substantially lower than in developed European countries. I document that Spanish firms have lower productivity growth …, lower intangible capital growth, and lower leverage than German firms. The disparity is larger among smaller firms. I build …

This paper examines the growth effects of an increase of capital income taxes with additional revenue being devoted to … generations model with endogenous growth, unemployment and a social security system comprising pensions and unemployment benefits …. It is shown that the reform not only promotes employment but may additionally stimulate economic growth. Calibrating the …