Interest and Growth
نویسندگان
چکیده
منابع مشابه
Special-interest groups and growth
This paper explores empirically the relation between special-interest groups and economic growth. Our analysis exploits new data on the number of groups observed across countries and time, in order to mitigate the identification problems associated with earlier studies. Also in contrast to earlier work, we examine the impact of groups on two sources of growth—capital accumulation and technologi...
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Interest groups are known to exert a sclerotic impact on mean growth, à la Olson (1982). It is unknown, however, what impact (if any) groups exert on the volatility of growth—an important hindrance to development. In this article, we first consider what impact we should expect Olson groups to have on the volatility of growth. We then estimate the relation between groups and growth volatility in...
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ژورنال
عنوان ژورنال: Journal of Mathematical Finance
سال: 2021
ISSN: 2162-2434,2162-2442
DOI: 10.4236/jmf.2021.112016