We present an open economy growth model incorporating various elements of fiscal policy, including government expenditure on education and public capital (infrastructure), budget deficit, internal and external public debt, public consumption, and four tax rates. This detailed description of...

Do recessions harm investment in technology and thus future aggregate supply? We provide novel evidence on this question using unique, granular data on innovation investment in R&D and diffusion from a representative survey of German firms. Our data allows to identify the crisis-induced...

This study provides a comparative analysis of the economic growth paths of Ukraine and Poland from a growth‑model perspective and determines how to calibrate Ukraine's growth model to converge with Poland's booming economy. The methodology comprises an approach to operationalizing growth...

The objective of this paper is to study the relationship between productive structure and economic performance at the subnational level in Argentina. Based on a dataset at the subnational level, we study the impact on economic growth of three types of productive patterns: i) productive...