The real exchange rate alone cannot decide the fate of growth. The wider and less aggregative the model adopted, the … is sensitive to tensions in the goods market. Growth-oriented policies should provide an enabling environment rather than …

The foundation for real income growth is productivity growth. This basic principle of economics is well illustrated in … with the United States can be accounted for by our slower labour productivity growth. In the first half of the period our … of productivity growth in the United States after 1995 was responsible for our relative deterioration in living standards …

article concludes that the book will be required reading for all economists interested in long-run economic growth trends and …

of ICTs and growth of the French economy over the past two decades; a structural perspective on the roots of the new …

, more generally, is the impact of education on the growth of productivity in France in the medium term? Neo-classical growth … theories stress the role of the accumulation of human capital in growth in developed countries. We estimate a medium …-term growth-accounting equation based on panel data for 21 OECD countries over the 1971-1998 period. An « error correction form …