This paper tests the Nelson-Phelps hypothesis with recently developed panel cointegration tests and new cross-country datasets. The empirical results give evidence that all types of education are important for TFP growth and that there is an interaction between education and the distance to the...

Global pandemics are a serious concern for developing countries, perhaps particularly when the same pandemic also affects donors of development aid. During crises at home, donors often cut aid, which would have grave ramifications for developing countries with poor public health capacity during...