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Convergence, endogenous growth, and productivity disturbances

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Increasing wealth and increasing instability : the role of collateral

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In development economics, growth in credit is generally associated with faster long-run growth as financial intermediation improves the efficiency of channeling capital to productive investment. Yet, among developing countries high growth in credit almost always guarantees the outbreak of a...

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Increasing Wealth and Increasing Instability : The Role of Collateral

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Money, random matching and endogenous growth : a quantitative analysis

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Working hours reduction and endogenous growth

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