In this paper, we critically assess the contribution of Field (2007) in this issue. The author casts some doubts concerning the exceptionality of the 20th century as experiencing 'growth in the era of knowledge based progress', using new quantitative evidence on the TFP growth on the period...

It is a commonly accepted view that the parity theory of forward exchange based on the law of one price was first formulated by Keynes. In this article we assess the preliminary shapes of the interest parity (IP) relation. After reviewing the early beginnings of the IP relation, we investigate...

This paper lays the foundations of the analysis of the relationship between gender equality and economic growth. The study of this long-run relationship aims at providing a better understanding of the mechanisms and determinants underpinning the development process which allowed economies to...

This paper explores the role of gender equality over a long-run economic and demographic development path of industrialized countries. Our unified cliometric growth model of female empowerment suggests that changes in gender relations are a key ingredient of economic development. The economy...

This introduction presents a selection of articles dealing with the issue of measuring the fiscal and financial vulnerabilities in the advanced economies. These articles were presented at a conference organized jointly by the Banque de France and BETA in Strasbourg on 13--14 September. The...

The aim of this article is to propose a new database allowing a comparative evaluation of the relative performance of schooling systems around the world. We measure this performance through pupils' achievement in standardized tests. We merge all existing regional and international student...

This paper seeks to address two neglected aspects of convergence dynamics of cross-country per capita income. First, we allow evolutionary path of per capita income to contain stochastic shocks which may not converge fast enough to the long-run mean. Under this condition, we show that the...

This paper contributes to the empirical understanding of economic growth. It examines, as an original case study, the structural and spatial dynamics of patents in Germany, France, the United States, Japan and the United Kingdom. The time series are extracted from a new international,...