Using panel data for 20 OECD countries over the period from 1903 to 1999 we examine the extent to which institutional, political, microeconomic and macroeconomic theories can explain strike activity over time and across countries. The empirical evidence shows that inflation, deflation, income...

Using over half a century of R&D data for India, this paper examines the extent to which India’s recent growth experience can be explained by R&D, international R&D spillovers, catch-up to the technology frontier and financial liberalization. Furthermore, the paper also tests whether any of...

It is well established in the literature that financial development (FD) is conducive to growth, and yet the channels through which FD affects growth are not well understood. Using a unique new panel data set for 21 OECD countries over the past 140 years, this paper examines the extent to which...