In this paper, I argue that there is no general empirical support for the neo-classical growth model. In particular, I show that Mankiw, Romer and Weil's (1992) iniluential evidence does not survive simple tests for sample ...

The purpose of this work is to study the dynamic interaction between income growth, demographic variables patterns and labour market characteristics. We develop a general and simple framework of economic growth with ...

The legacy of Adam Smith leads to a false confidence on the optimality of laissez faire policies for the global market economy. Instead, the polarized character of current globalization deeply affects both developed and ...

Este artículo aborda el problema de la difusión tecnológica en una economía en la que los agentes interactúan localmente. Estos se sitúan en una red de dos dimensiones, como en el modelo Ising, bien conocido en física. Se ...

The study of natural fluctuations has been of great interest for economists for decades. Although the earliest formal models of business cycles, around the 1950s, were endogenous (Hicks, Kaldor, Goodwin), the dominant ...