Why do we observe persistently slow growth in the EU (less than 2 % a year against 3 % in the US between 1995 and 2006)? Disappointingly, classical growth models do not have much to tell us on this question. The neoclassical growth model would try to explain the lower growth rate in Europe by comparing its capital-labor ratio with that of the US. True, this ratio appear to be higher in Europe, but this has been the cas
We review the recent performance of the Euro area economy, focusing in detail on the separate roles ...
Quantitative growth economists often have to deal with model uncertainty (Barro et al. (2003)) and t...
Starting from the same level of productivity and per capita income as the United States in the mid-n...
2004 This Working Paper should not be reported as representing the views of the IMF. The views expre...
Slow productivity growth has plagued the euro area since the mid-1990s. That is particularly strikin...
After the cyclical deterioration in 1995, the European economies are likely to grow by no more than ...
At the end of World War II a substantial fraction of Europe’s capital stock was damaged and Europe f...
In his article, Gros calls for a more active policy towards improving productivity, since neither ch...
Will Europe be immune to the slowdown of growth in the US? According to the US treasury secretary Pa...
Two Centuries of Economic Growth: Europe Chasing the American Frontier Starting from the same level ...
While America has pushed the pedal to the metal and with alarming speed has accelerated its producti...
T he benefits of the modern knowledge economy differ greatly betweenadvanced economies. Average annu...
We review the recent performance of the Euro area economy, focusing in detail on the separate roles ...
The growth effects of European economic and monetary intergration and the progress of regional conve...
According to the International Monetary Fund ¨World Economic Outlook¨ published September 6th, in 20...
We review the recent performance of the Euro area economy, focusing in detail on the separate roles ...
Quantitative growth economists often have to deal with model uncertainty (Barro et al. (2003)) and t...
Starting from the same level of productivity and per capita income as the United States in the mid-n...
2004 This Working Paper should not be reported as representing the views of the IMF. The views expre...
Slow productivity growth has plagued the euro area since the mid-1990s. That is particularly strikin...
After the cyclical deterioration in 1995, the European economies are likely to grow by no more than ...
At the end of World War II a substantial fraction of Europe’s capital stock was damaged and Europe f...
In his article, Gros calls for a more active policy towards improving productivity, since neither ch...
Will Europe be immune to the slowdown of growth in the US? According to the US treasury secretary Pa...
Two Centuries of Economic Growth: Europe Chasing the American Frontier Starting from the same level ...
While America has pushed the pedal to the metal and with alarming speed has accelerated its producti...
T he benefits of the modern knowledge economy differ greatly betweenadvanced economies. Average annu...
We review the recent performance of the Euro area economy, focusing in detail on the separate roles ...
The growth effects of European economic and monetary intergration and the progress of regional conve...
According to the International Monetary Fund ¨World Economic Outlook¨ published September 6th, in 20...
We review the recent performance of the Euro area economy, focusing in detail on the separate roles ...
Quantitative growth economists often have to deal with model uncertainty (Barro et al. (2003)) and t...
Starting from the same level of productivity and per capita income as the United States in the mid-n...