MERIT-Infonomics Research Memorandum series Health as a Principal Determinant of Economic Growth

MERIT-Infonomics Research Memorandum series Restructuring and economic performance: the experience of the Tunisian economy

MERIT-Infonomics Research Memorandum series Long Waves: Conceptual, Empirical and Modelling Issues

MERIT-Infonomics Research Memorandum series Vintage Modelling for Dummies using the Putty-Practically-Clay Approach

MERIT-Infonomics Research Memorandum series Economic stagnation in Weimar Germany: A structuralist perspective

Mexico and Argentina in the 1990s as well as Weimar Germany in the 1920s implemented similar exchange-rate-based stabilization programs which were successful in stopping inflation, but failed to generate the domestic savings and investment rates necessary for a sustainable growth path. It is argued that in both cases substantial foreign capital inflows were attracted by a stable nominal exchang...

MERIT-Infonomics Research Memorandum series Financial Systems, Innovation and Economic Performance

There is growing evidence of international divergence in the performance of new industries. While the United States is at the forefront of the recent revolution in information technologies, European economists and policy makers are concerned that Europe is falling behind with negative implications for long-term economic performance. This paper investigates the role of financial systems as a cru...