Health progress, as measured by the decline in mortality rates and the increase in life expectancy, is usuallyconceived as related to economic growth, especially in the long run. In this investigation it is shown thateconomic growth is positively associated with health progress in Sweden...

The literature on R&D-driven economic growth suggests that technological innovations result from entrepreneurial activities such as R&D investments. In the first two chapters of this dissertation, I develop tractable frameworks to characterize and quantitatively evaluate the effects of patent...

This research seeks to identify the factors that account for the variation in development levels across nations by focusing on the institutional components of development, especially the effects of financial market development on economic and political development. I argue that financial market...

A collection of eighteen articles have been purposely chosen to demonstrate the development of the original and significant contributions of my research over the period 1990 to 2008. Despite the relatively large number of articles, which cover a range of related issues, there is a surprisingly...

A collection of eighteen articles have been purposely chosen to demonstrate the development of the original and significant contributions of my research over the period 1990 to 2008. Despite the relatively large number of articles, which cover a range of related issues, there is a surprisingly...

The causal relationship between financial development and economic growth is acontroversial issue. For developing countries, empirical studies have provided mixedresult. This study seeks to empirically explore the relationship and the causal linkbetween financial development and economic growth...

Az amerikai történelemben a paradigmaváltások meglehetősen nagyszabású és alapvető hatásokkal jártak, míg Japánban mintha hosszú távon is a Tudományos vezetés (gyártás-orientált) paradigmájánál maradtak volna, mely aztán módosult valamennyit a többi paradigma...

Az alsó kamatkorlát melletti előretekintő iránymutatás a kamatpolitika helyettesítője, a várakozások és a pénzpiaci hozamok befolyásolásának nem konvencionális monetáris politikai eszköze. A jegybank a piaci szereplők számára előre jelezheti az alacsony kamatkörnyezet...