We construct a growth model with an explicit government role, where more government resources reduce the optimal level …-2008, we use different proxies for government size and institutional quality. Our results, consistent with the presented growth … model, show a negative effect of the size of government on growth. Similarly, institutional quality has a positive impact on …

We develop a horizontal R&D growth model that allows us to investigate the different channels through which financial … sector produces a straightforward result: a decrease in lending rates which stimulates R&D investment and economic growth …

Do high levels of human capital foster economic growth by facilitating technology adoption? If so, countries with more …. High human capital levels should therefore have translated into fast growth in more compared to less human … determinant of growth in human-capital-intensive industries. Using data for a large sample of countries, we find significant …

. As in endogenous growth models, technological progress increases the number of varieties, raising average productivity …

. As in endogenous growth models, technological progress increases the number of varieties, raising average productivity …

cities dynamically to account for their changing footprints. Our findings show that aggregate wage growth is mainly driven by … growth in larger cities, rather than smaller ones or by population shifts across cities. We estimate individual wages … growth in France reflects larger returns to larger city size. Our model, that incorporate the impact of agglomeration …

This paper establishes some stylized facts of the long run relationship between growth and labor shares using … explaining a major part of the variance in the data. Further, the impact of labor share on growth changes sign with the frequency …