capacity'). In this paper we document that there has been convergence of TFP within a panel of industries across thirteen OECD … productivity growth. …

capacity'). In this paper we document that there has been convergence of TFP within a panel of industries across thirteen OECD … productivity growth. …

obtain measures for global inequality and poverty as well as global growth incidence curves. …

obtain measures for global inequality and poverty as well as global growth incidence curves. …

We obtain time series estimates of the long run growth rates of 17 OECD countries, and test the hypothesis that these … long run growth rates, and; (ii) any policies that can raise national growth rates must be international in scope. The … results therefore have bleak implications for the ability of countries to affect their long run growth rates. …

long-run growth in output to test for unconditional convergence and to test for equality of long-run growth across …Existing evidence for unconditional convergence in the OECD is mixed, and depends largely on whether time series or … cross sectional methods are used. In this paper we reconsider the evidence for unconditional convergence by dividing the …

exhibits very fast growth initially and thereafter convergence to the growth rate of leader. We show that differences in the … and persistent income per capita differences. We analyze the dynamics of convergence by follower countries and show it … important source of leapfrogging. We include endogenous population growth and show that technology adoption is consistent with a …

Germany has had an extremely low growth performance since 1995. The paper looks at the long-run reasons for this loss …

growth literature. We obtain estimates of residual risk (growth uncertainty) at various horizons from regressions of country …-specific deviations from world growth on a wide set of variables in the information set. Since this residual risk can be entirely hedged …

We examine the dynamics of a country’s growth, consumption, and sovereign debt, assuming that the government is myopic … in a 'growth boost', with higher steady-state household consumption than if it could not borrow. However, in a country … 'growth trap' where household steady-state consumption is lower than if the government had no access to debt. We discuss the …