growth process appears to be scale invariant but for countries in the tails of the world income distribution, and that the … relative volatility of smaller countries' growth processes have increased over time. …

growth process appears to be scale invariant but for countries in the tails of the world income distribution, and that the … relative volatility of smaller countries' growth processes have increased over time. …

The paper investigates the long-run and the causality relationship between energy consumption and economic growth for … that energy consumption is cointegrated with economic growth in Cameroon, Congo, Cote d'Ivoire, and South Africa. Moreover …, this test suggests that economic growth has a significant positive long run impact on energy consumption in these countries …

We revisit the evidence of the existence of a long-run link between financial intermediation and economic growth, by … testing of cointegration between the growth rate of real GDP, control variables and three series reflecting financial … intermediation. We consider a model with a factor structure that allows us to determine whether the finance-growth link is due to …

graduates. Paradoxically, if it is always profitable for individuals to increase their education investment; in term of growth …In the last two decades, France has experienced an increase in mismatches between education and work. This article … studies twenty two years of French productivity to highlight the causes and effects of over-education on the employee wages …

The aim of this note is to investigate the relationship between economic growth and mandatory retirement in an … overlapping generations model where private investment in human capital is the engine of endogenous growth. We derive a novel … result in the retirement-growth literature by showing that the relationship between the mandatory retirement age and economic …

Uzawa (1961) has shown that balanced growth requires technological progress to be strictly Harrod neutral (purely labor …