There is much confusion in the economics literature on wage determination and the employment-inflation trade-off. Few model builders pay as much careful attention to the definition and meaning of long...
'Professors Gur Ofer and Richard Pomfret have created a volume in which timely and lucid combination of analyses, extensive information and clear-cut knowledge of what went wide of the mark during the...
One of the characteristic facts concerning the “catching-up countries” is the exceptionally large variation in their per capita annual rate of growth, from about zero to about 10%. The papers publishe...