Now showing items 1-4 of 4

    • Adverse selection and growth under IMF programs 

      Bas, Muhammet Ali; Stone, Randall W. (Springer Science + Business Media, 2013)
      The dominant approach to studying the effects of IMF programs has emphasized moral hazard, but we find that adverse selection has more impressive effects. We propose a novel strategic selection model to study the growth ...
    • Education, market rigidities and growth 

      Aghion, Philippe; Askenazy, Philippe; Bourlès, Renaud; Cette, Gilbert; Dromel, Nicolas (Elsevier BV, 2009)
      This paper investigates the effects of the education level, product market rigidities and employment protection legislation on growth. It exploits macro-panel data for OECD countries. For countries close to the technological ...
    • Growth and population structure of Paracentrotus lividus (Echinodermata:Echinoidea) in two contrasting habitats 

      Turon, X; Giribet, Gonzalo; López, S; Palacín, C (Inter-Research Science Center, 1995)
      Two populations of Paracentrotus lividus (Lamarck) (Echinodermata: Echinoidea) from the Northwestern Mediterranean were compared to ascertain the plasticity and adaptive value of certain biological parameters. These ...
    • Volatility and growth: Credit constraints and the composition of investment 

      Aghion, Philippe; Angeletos, George-Marios; Banerjee, Abhijit; Manova, Kalina (Elsevier BV, 2010)
      This paper examines how uncertainty and credit constraints affect the cyclical composition of investment and thereby volatility and growth. We develop a model where firms engage in two types of investment: a short-term one; ...