Even before the financial crisis of 2007/08, there were significant questions about Europe's long-term growth prospects …. After a long period of catching up with US levels of labour productivity, euro area productivity growth had, from the mid … declining rates of total factor productivity (TFP) growth and weaker capital accumulation as areas for concern in an European …

the growth path. This is why labor keeps up a substantial fraction of income. Real capital, however, that is capital … different mechanism, we show that its aggregate representation is the one of a neoclassical growth model with labor …

This study analysed the contribution of economic growth and redistribution components to aggregate poverty changes in … changes into growth and redistribution components revealed that the growth component dominates the redistribution component in … tax systems. We also investigated the extent to which economic growth experienced over the survey period has been pro …