variety relative to the United States helps to explain relative per capita GDP levels. The empirical work relies upon some …

that are either neutral or in carbon-emitting industries. Transitioning out of pollution-intensive jobs into green jobs may …. We find that the imposition of the Act caused workers to shift from pollution-intensive to greener industries, but …

lower consumption and GDP growth. Consistent with a model of precautionary savings in the face of uncertainty, we find for a …

In this paper we propose a novel approach to obtain the predictive density of global GDP growth. It hinges upon a … bottom-up probabilistic model that estimates and combines single countries' predictive GDP growth densities, taking into … aggregate individual countries' densities into a world aggregate while preserving the non-i.i.d. nature of the global GDP growth …

elasticities on a sample of 72 countries for real GDP and 28 countries for oil GDP over 6 years, I derive oil and non-oil GDP … growth for Yemen. I show that real GDP contracted by a cumulative 24 percent over 2015-17 against 50 percent according to …

This paper provides new empirical evidence of the impact of an unanticipated change in public debt on real GDP. Using … public debt forecast errors, we identify exogenous changes in public debt to assess the impact of a change in the debt to GDP … ratio on real GDP. By analyzing data on gross public debt for 178 countries over 1995-2020, we find that the impact of an …