Research classified by Journal of Economic Literature (JEL) codes

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Top JEL
/ O: Economic Development, Innovation, Technological Change, and Growth
/ / O4: Economic Growth and Aggregate Productivity
/ / / O47: Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

2018

• Gilbert Cette & Simon Corde & Rémy Lecat, 2018, "Firm-level Productivity Dispersion and Convergence," Working papers, Banque de France, number 662.
• Gilbert Cette & Jimmy Lopez & Jacques Mairesse, 2018, "Rent creation and sharing: new measures and impacts on TFP," Working papers, Banque de France, number 674.
• Philippe Aghion & Antonin Bergeaud & Matthieu Lequien & Marc J. Melitz, 2018, "The Impact of Exports on Innovation: Theory and Evidence," Working papers, Banque de France, number 678.
• Philippe Aghion & Antonin Bergeaud & Gilbert Cette & Rémy Lecat & Hélène Maghin, 2018, "The Inverted-U Relationship Between Credit Access and Productivity Growth," Working papers, Banque de France, number 696.
• Sergey Vlasov & Elena Deryugina, 2018, "Fiscal multipliers in Russia," Bank of Russia Working Paper Series, Bank of Russia, number wps28, Jan.
• Nikos Benos & Stelios Karagiannis, 2018, "Inequality And Growth In The United States: Why Physical And Human Capital Matter," Economic Inquiry, Western Economic Association International, volume 56, issue 1, pages 572-619, January, DOI: 10.1111/ecin.12475.
• Albi Tola & Sébastien Waelti, 2018, "Financial Crises, Output Losses, And The Role Of Structural Reforms," Economic Inquiry, Western Economic Association International, volume 56, issue 2, pages 761-798, April, DOI: 10.1111/ecin.12538.
• Robert Dixon & Guay C. Lim, 2018, "Labor'S Share, The Firm'S Market Power, And Total Factor Productivity," Economic Inquiry, Western Economic Association International, volume 56, issue 4, pages 2058-2076, October, DOI: 10.1111/ecin.12580.
• Florian Neumeier, 2018, "Do Businessmen Make Good Governors?," Economic Inquiry, Western Economic Association International, volume 56, issue 4, pages 2116-2136, October, DOI: 10.1111/ecin.12576.
• Vítor Castro, 2018, "Functional components of public expenditure, fiscal consolidations, and economic activity," Economics and Politics, Wiley Blackwell, volume 30, issue 1, pages 124-150, March, DOI: 10.1111/ecpo.12104.
• Daniela Bragoli & Jack Fosten, 2018, "Nowcasting Indian GDP," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, volume 80, issue 2, pages 259-282, April, DOI: 10.1111/obes.12219.
• Vadim Kufenko & Vincent Geloso & Klaus Prettner, 2018, "Does size matter? Implications of household size for economic growth and convergence," Scottish Journal of Political Economy, Scottish Economic Society, volume 65, issue 4, pages 437-443, September, DOI: 10.1111/sjpe.12188.
• Patrick Schneider, 2018, "Decomposing differences in productivity distributions," Bank of England Staff Working Paper series, Bank of England, number 740, Jul.
• Koji Nakamura & Sohei Kaihatsu & Tomoyuki Yagi, 2018, "Productivity Improvement and Economic Growth," Bank of Japan Working Paper Series, Bank of Japan, number 18-E-10, May.
• Tomoyuki Iida & Kanako Shoji & Shunichi Yoneyama, 2018, "What Drives China's Growth? Evidence from Micro-level Data," Bank of Japan Working Paper Series, Bank of Japan, number 18-E-19, Nov.
• Daron Acemoglu & Pascual Restrepo, 2018, "Demographics and Automation," Boston University - Department of Economics - The Institute for Economic Development Working Papers Series, Boston University - Department of Economics, number dp-299, Mar.
• Grobovšek Jan, 2018, "Development accounting with intermediate goods," The B.E. Journal of Macroeconomics, De Gruyter, volume 18, issue 1, pages 1-27, January, DOI: 10.1515/bejm-2016-0223.
• Benkovskis Konstantins & Wörz Julia, 2018, "“Made in China”: how does it affect our understanding of global market shares?," The B.E. Journal of Macroeconomics, De Gruyter, volume 18, issue 2, pages 1-26, June, DOI: 10.1515/bejm-2017-0223.
• Bill Martin & Centre for Business Research, 2018, "A Comment on Oulton, "The UK Productivity Puzzle: Does Arthur Lewis Hold the Key?"," Working Papers, Centre for Business Research, University of Cambridge, number wp498, Mar.
• Nazila Alinaghi & W. Robert Reed, 2018, "Taxes and Economic Growth in OECD Countries: A Meta-Analysis," Working Papers in Economics, University of Canterbury, Department of Economics and Finance, number 18/09, Sep.
• Rian Hilmawan & Jeremy Clark, 2018, "An Investigation of the Resource Curse in Indonesia," Working Papers in Economics, University of Canterbury, Department of Economics and Finance, number 18/11, Sep.
• Rian Hilmawan & Jeremy Clark, 2018, "Resource Dependence and the Causes of Local Economic Growth: An Empirical Investigation," Working Papers in Economics, University of Canterbury, Department of Economics and Finance, number 18/12, Oct.
• Sara Calligaris & Massimo Del Gatto & Fadi Hassan & Gianmarco Ottaviano & Fabiano Schivardi, 2018, "Poor productivity: an Italian perspective," CentrePiece - The magazine for economic performance, Centre for Economic Performance, LSE, number 521, Mar.
• Jan David Bakker & Stephan Maurer & Jörn-Steffen Pischke & Ferdinand Rauch, 2018, "Of mice and merchants: trade and growth in the Iron Age," CEP Discussion Papers, Centre for Economic Performance, LSE, number dp1558, Jul.
• Philippe Aghion & Antonin Bergeaud & Gilbert Cette & Rémy Lecat & Hélène Maghin, 2018, "The inverted-U relationship between credit access and productivity growth," CEP Discussion Papers, Centre for Economic Performance, LSE, number dp1588, Dec.
• Heiko T. Burret & Lars P. Feld & Christoph A. Schaltegger, 2018, "Fiscal Federalism and Economic Performance - New Evidence from Switzerland," CESifo Working Paper Series, CESifo, number 7250.
• Natalie Obergruber, 2018, "Microeconometric Analysis of Individual and Institutional Determinants of Education and Occupational Choice," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 80, September.
• Gabriel Felbermayr & Devashish Mitra & Rahel Aichele & Jasmin Katrin Gröschl, 2017, "Europe and India: Relaunching a Troubled Trade Relationship," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 80, October.
• Nicholas Oulton, 2018, "The UK (and Western) Productivity Puzzle: Does Arthur Lewis Hold the Key?," Discussion Papers, Centre for Macroeconomics (CFM), number 1809, Mar.
• Nicholas Oulton & Ana Rincon-Aznar & Lea Samek & Sylaja Srinivasan, 2018, "Double Deflation: theory and practice," Discussion Papers, Centre for Macroeconomics (CFM), number 1831, Dec.
• Massimo Del Gatto, 2018, "The revealed cost competitiveness of changing trade patterns: A country-sector exercise," International Economics, CEPII research center, issue 154, pages 3-22.
• Hernando Zuleta & AndrÔøΩs Zambrano, 2018, "Neutral or factor saving innovations?," Documentos CEDE, Universidad de los Andes, Facultad de Economía, CEDE, number 17134, Nov.
• Martha Delgado & Camila P�rez, 2018, "Proyecciones de actividad económica regional 2017-2021," Informes de Investigación, Fedesarrollo, number 16397, Jan.
• Juan Benavides & �ngela Cadena, 2018, "Mercado eléctrico en Colombia: transición hacia una arquitectura descentralizada," Informes de Investigación, Fedesarrollo, number 16840, Oct.
• Astrid Martínez Ortiz, 2018, "La contribución del petróleo al desarrollo de Colombia. Mirada a las regiones productoras," Informes de Investigación, Fedesarrollo, number 16843, Apr.
• Fedesarrollo, 2018, "Evaluación de los impactos causados en las regiones productoras de hidrocarburos y minerales con el actual Sistema General de Regalías," Informes de Investigación, Fedesarrollo, number 17194, May.
• Fedesarrollo, 2018, "Evaluación de los impactos causados en las regiones productoras de hidrocarburos y minerales con el actual Sistema General de Regalías," Informes de Investigación, Fedesarrollo, number 17258, May.
• Juan Gonzalo Zapata & Daniela Trespalacios, 2018, "Balance económico de Arauca : incertidumbre y perspectivas," Informes de Investigación, Fedesarrollo, number 17268, Apr.
• Jaime Torres González, 2018, "El Pacífico suramericano y su integración con China y Asia," Apuntes del Cenes, Universidad Pedagógica y Tecnológica de Colombia, volume 37, issue 65, pages 116-177.
• Willyam Cáceres Rodríguez & Omaira In�s Agudelo Cely2 & Ricardo Alonso Tejedor Estupi��n3, 2018, "Las exportaciones y el crecimiento económico en Boyacá - Colombia 1980-2015," Apuntes del Cenes, Universidad Pedagógica y Tecnológica de Colombia, volume 37, issue 65, pages 175-211.
• Astrid Martínez Ortiz, 2018, "Estudio sobre el impacto de la actividad petrolera en las regiones productoras de Colombia. Caracterización departamental Santander," Cuadernos de Fedesarrollo, Fedesarrollo, number 16813, Sep.
• Juan Benavides & �ngela Cadena & Javier J. Gonz�lez & Carlos Hidalgo & Alejandro Pi�eros, 2018, "Mercado eléctrico en Colombia: Transición hacia una arquitectura descentralizada," Cuadernos de Fedesarrollo, Fedesarrollo, number 17059, Nov.
• Mauricio Reina & Carlos A. Mesa & Tom�s Ram�rez, 2018, "Elementos para una política pública frente a la crisis de Venezuela," Cuadernos de Fedesarrollo, Fedesarrollo, number 17192, Nov.
• Ulises Segura Barón & Genaro Penagos Cruz, 2018, "El Río Grande de la Magdalena: una alternativa turística para el desarrollo de Girardot, Cundinamarca," Revista Equidad y Desarrollo, Universidad de la Salle, issue 32, pages 207-226, DOI: 10.19052/ed.5066.
• Bayer, Christian & Mecikovsky, Ariel & Meier, Matthias, 2018, "Misallocation: Markups and Technology," CEPR Discussion Papers, Centre for Economic Policy Research, number 12727, Feb.
• Aum, Sangmin & Lee, Sang Yoon (Tim) & Shin, Yongseok, 2018, "Computerizing Industries and Routinizing Jobs: Explaining Trends in Aggregate Productivity," CEPR Discussion Papers, Centre for Economic Policy Research, number 12747, Feb.
• Gorodnichenko, Yuriy & Revoltella, Debora & Svejnar, Jan & Weiss, Christoph, 2018, "Resource Misallocation in European Firms: The Role of Constraints, Firm Characteristics and Managerial Decisions," CEPR Discussion Papers, Centre for Economic Policy Research, number 12821, Mar.
• Bakker, Jan & Maurer, Stephan & Pischke, Jorn-Steffen & Rauch, Ferdinand, 2018, "Of Mice and Merchants: Trade and Growth in the Iron Age," CEPR Discussion Papers, Centre for Economic Policy Research, number 13060, Jul.
• David, Joel & Schmid, Lukas & Zeke, David, 2018, "Risk-Adjusted Capital Allocation and Misallocation," CEPR Discussion Papers, Centre for Economic Policy Research, number 13205, Sep.
• Aghion, Philippe & Bergeaud, Antonin & Cette, Gilbert & Lecat, Rémy & Maghin, Helene, 2018, "The Inverted-U Relationship Between Credit Access and Productivity Growth," CEPR Discussion Papers, Centre for Economic Policy Research, number 13212, Sep.
• Bosker, Maarten & Park, Jane & Roberts, Mark, 2018, "Definition Matters: Metropolitan Areas and Agglomeration Economies in a Large Developing Country," CEPR Discussion Papers, Centre for Economic Policy Research, number 13359, Dec.
• Alcalá, Francisco & Solaz, Marta, 2018, "International Relocation of Production and Growth," CEPR Discussion Papers, Centre for Economic Policy Research, number 13422, Dec.
• Juan Gabriel Brida & Bibiana Lanzilotta & Luciana Méndez-Errico, 2018, "Linearity and causality on the dynamic relationship between income inequality and economic growth: evidence from a high income Latin American country," Cuadernos de Economía - Spanish Journal of Economics and Finance, Asociación Cuadernos de Economía, volume 41, issue 117, pages 291-300, Noviembre.
• Mason, Geoff & O'Mahony, Mary & Riley, Rebecca, 2018, "What is Holding Back UK Productivity? Lessons from Decades of Measurement," National Institute Economic Review, National Institute of Economic and Social Research, volume 246, issue , pages 24-35, November.
• Voxi Heinrich AMAVILAH, 2018, "Artificial nighttime lights and the real well-being of nations: Measuring economic growth from outer space and welfare from right here on Earth," Journal of Economics and Political Economy, EconSciences Journals, volume 5, issue 2, pages 209-218, July.
• Kalim SIDDIQUI, 2018, "Imperialism and global inequality: A critical analysis," Journal of Economics and Political Economy, EconSciences Journals, volume 5, issue 2, pages 266-291, July (18 .
• Naveed A. Shaikh & Imtiaz Ahmed Pirzada & Erum Khushnood Zahid Shaikh, 2018, "Export‑led or household consumption‑led growth in China: An empirical analysis," Journal of Economics and Political Economy, EconSciences Journals, volume 5, issue 3, pages 356-362, September.
• André Abdala & Silvia Borges Dondi Guido, 2018, "The impact of foreign direct investment on economic growth: Evidence from MERCOSUR countries," Journal of Economics and Political Economy, EconSciences Journals, volume 5, issue 3, pages 399-409, September.
• Ambreen FATEMAH & Abdul QAYYUM, 2018, "Modeling the impact of exports on the economic growth of Pakistan," Turkish Economic Review, EconSciences Journals, volume 5, issue 1, pages 56-64, March.
• Yüksel OKÞAK, 2018, "Is there a long-run association between globalization and productivity: The case of Turkey," Turkish Economic Review, EconSciences Journals, volume 5, issue 2, pages 215-222, July.
• Rumen GEORGIEV & Milen VELUSHEV, 2018, "The Innovation Strategy And The Competitive Positions Of Bulgarian Economy," Economics 21, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 44-69.
• Румен Георгиев & Милен Велушев, 2018, "Иновационната Стратегия И Конкурентните Позиции На Българската Икономика," Economics 21, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 50-84.
• Carlos Ospino, 2018, "The Effects of Being Subject to the Colombian Apprenticeship Contract on Manufacturing Firm Performance," CEDLAS, Working Papers, CEDLAS, Universidad Nacional de La Plata, number 0230, Jul.
• Blaise Gnimassoun, 2018, "L'Integration De L'Uemoa Est-Elle Pro-Croissance ?," EconomiX Working Papers, University of Paris Nanterre, EconomiX, number 2018-11.
• Florian Morvillier, 2018, "The role of exchange rate undervaluations on the inflation-growth nexus," EconomiX Working Papers, University of Paris Nanterre, EconomiX, number 2018-15.
• Żuk, Piotr & Polgár, Éva Katalin & Savelin, Li & Diaz del Hoyo, Juan Luis & König, Paul, 2018, "Real convergence in central, eastern and south-eastern Europe," Economic Bulletin Articles, European Central Bank, volume 3.
• Masuch, Klaus & Anderton, Robert & Setzer, Ralph & Benalal, Nicholai, 2018, "Structural policies in the euro area," Occasional Paper Series, European Central Bank, number 210, Jun.
• Żuk, Piotr & Savelin, Li, 2018, "Real convergence in central, eastern and south-eastern Europe," Occasional Paper Series, European Central Bank, number 212, Jul.
• Chiacchio, Francesco & Gradeva, Katerina & Lopez-Garcia, Paloma, 2018, "The post-crisis TFP growth slowdown in CEE countries: exploring the role of Global Value Chains," Working Paper Series, European Central Bank, number 2143, Apr.
• Blattner, Laura & Farinha, Luisa & Rebelo, Francisco, 2018, "When Losses Turn into Loans: The Cost of Undercapitalized Banks," Research Papers, Stanford University, Graduate School of Business, number 3688, Jun.
• Tahar Lassoued & Arafet Hamida & Zouhaier Hadhek, 2018, "Terrorism and Economic Growth," International Journal of Economics and Financial Issues, International Journal of Economics and Financial Issues, volume 8, issue 1, pages 175-178.
• Rami Obeid & Bassam Awad, 2018, "The Effect of Trade Openness on Economic Growth in Jordan: An Analytical Investigation (1992-2015)," International Journal of Economics and Financial Issues, International Journal of Economics and Financial Issues, volume 8, issue 2, pages 219-226.
• Rami Mohammad Abu Wadi & Ala' G. Bashayreh, 2018, "Economic Diversification in Bahrain," International Journal of Economics and Financial Issues, International Journal of Economics and Financial Issues, volume 8, issue 4, pages 120-125.
• Akram Masoud Haddad, 2018, "The Impacts of the Inwards and Outwards FDI on the Development Measured By HDI: the Case of United Arab Emirate," International Journal of Economics and Financial Issues, International Journal of Economics and Financial Issues, volume 8, issue 4, pages 301-312.
• Dwi Taruko Putri & Azwardi Azwardi & Taufiq Marwa & Sri Andaiyani, 2018, "Does Government Spending Drive Regional Economic Growth?," International Journal of Economics and Financial Issues, International Journal of Economics and Financial Issues, volume 8, issue 5, pages 261-265.
• Nabil Ahmed Mareai Senan & Haider Mahmood & Sehrish Liaquat, 2018, "Financial Markets and Electricity Consumption Nexus in Saudi Arabia," International Journal of Energy Economics and Policy, International Journal of Energy Economics and Policy, volume 8, issue 1, pages 12-16.
• Nabil Maalel & Haider Mahmood, 2018, "Oil-Abundance and Macroeconomic Performance in the GCC Countries," International Journal of Energy Economics and Policy, International Journal of Energy Economics and Policy, volume 8, issue 2, pages 182-187.
• Alexander Bass, 2018, "Financial Markets and Electricity Consumption Nexus in Russia," International Journal of Energy Economics and Policy, International Journal of Energy Economics and Policy, volume 8, issue 3, pages 82-86.
• Tarek Tawfik Yousef Alkhateeb & Nasser Saad Alkahtani & Haider Mahmood, 2018, "Green Human Resource Management, Financial Markets and Pollution Nexus in Saudi Arabia," International Journal of Energy Economics and Policy, International Journal of Energy Economics and Policy, volume 8, issue 3, pages 33-36.
• Gennady Osipov & Svetlana Karepova & Elena Chizhevskaya & Maxim Gnatyuk & Alexander Semin & Oksana Mikhayluk, 2018, "Directions To Improve The Effectiveness Of Russia s Energy Export Policy," International Journal of Energy Economics and Policy, International Journal of Energy Economics and Policy, volume 8, issue 6, pages 227-239.
• Najia Saqib, 2018, "Greenhouse Gas Emissions, Energy Consumption and Economic Growth: Empirical Evidence from Gulf Cooperation Council Countries," International Journal of Energy Economics and Policy, International Journal of Energy Economics and Policy, volume 8, issue 6, pages 392-400.
• Dhrifi, Abdelhafidh, 2018, "Gastos en salud, crecimiento económico y mortalidad infantil: antecedentes de países desarrollados y en desarrollo," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
• Dhrifi, Abdelhafidh, 2018, "Health-care expenditures, economic growth and infant mortality: evidence from developed and developing countries," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
• Dolores An~o´n Higo´n & Juan A. Man~ez & Mari´a E. Rochina-Barrachina & Amparo Sanchis & Juan A. Sanchis, 2018, "Follow the leader: Evidence of the Productivity catch-up of European firms," Working Papers, Department of Applied Economics II, Universidad de Valencia, number 1806, Jun.
• Mariam Camarero & Jesús Peiró-Palomino & Cecilio Tamarit, 2018, "External imbalances and growth," Working Papers, Department of Applied Economics II, Universidad de Valencia, number 1808, Jun.
• Imai, Hiroyuki, 2018, "China’s rapid growth and real exchange rate appreciation: Measuring the Balassa-Samuelson effect," Journal of Asian Economics, Elsevier, volume 54, issue C, pages 39-52, DOI: 10.1016/j.asieco.2017.12.002.
• Zhao, Jingfeng & Tang, Jianmin, 2018, "Industrial structure change and economic growth: A China-Russia comparison," China Economic Review, Elsevier, volume 47, issue C, pages 219-233, DOI: 10.1016/j.chieco.2017.08.008.
• Li, Qing & Wu, Yanrui, 2018, "Intangible capital in Chinese regional economies: Measurement and analysis," China Economic Review, Elsevier, volume 51, issue C, pages 323-341, DOI: 10.1016/j.chieco.2017.07.002.
• Shen, Zhiyang & Baležentis, Tomas & Chen, Xueli & Valdmanis, Vivian, 2018, "Green growth and structural change in Chinese agricultural sector during 1997–2014," China Economic Review, Elsevier, volume 51, issue C, pages 83-96, DOI: 10.1016/j.chieco.2018.04.014.
• Habyarimana, Jean-Baptiste & Opoku, Eric Evans Osei, 2018, "Technological progress, worker efficiency, and growth in Africa: Does China's economy matter?," China Economic Review, Elsevier, volume 52, issue C, pages 151-164, DOI: 10.1016/j.chieco.2018.07.004.
• Wu, Guiying Laura, 2018, "Capital misallocation in China: Financial frictions or policy distortions?," Journal of Development Economics, Elsevier, volume 130, issue C, pages 203-223, DOI: 10.1016/j.jdeveco.2017.10.014.
• Ek, Chanbora & Wu, Guiying Laura, 2018, "Investment-cash flow sensitivities and capital misallocation," Journal of Development Economics, Elsevier, volume 133, issue C, pages 220-230, DOI: 10.1016/j.jdeveco.2018.02.003.
• Schubert, Stefan F. & Turnovsky, Stephen J., 2018, "Growth and unemployment: Short-run and long-run tradeoffs," Journal of Economic Dynamics and Control, Elsevier, volume 91, issue C, pages 172-189, DOI: 10.1016/j.jedc.2017.11.003.
• Kim, Dong-Hyeon & Wu, Yi-Chen & Lin, Shu-Chin, 2018, "Heterogeneity in the effects of government size and governance on economic growth," Economic Modelling, Elsevier, volume 68, issue C, pages 205-216, DOI: 10.1016/j.econmod.2017.07.014.
• Lim, Sokchea & Morshed, AKM Mahbub & Khun, Channary, 2018, "Trust and macroeconomic performance: A two-step approach," Economic Modelling, Elsevier, volume 68, issue C, pages 293-305, DOI: 10.1016/j.econmod.2017.07.020.
• Montañés, Antonio & Olmos, Lorena & Reyes, Marcelo, 2018, "Has the Great Recession affected the convergence process? The case of Spanish provinces," Economic Modelling, Elsevier, volume 68, issue C, pages 360-371, DOI: 10.1016/j.econmod.2017.08.006.
• Mastromarco, Camilla & Simar, Léopold, 2018, "Globalization and productivity: A robust nonparametric world frontier analysis," Economic Modelling, Elsevier, volume 69, issue C, pages 134-149, DOI: 10.1016/j.econmod.2017.09.015.
• Rath, Badri Narayan, 2018, "Productivity growth and efficiency change: Comparing manufacturing- and service-based firms in India," Economic Modelling, Elsevier, volume 70, issue C, pages 447-457, DOI: 10.1016/j.econmod.2017.08.024.
• Fedderke, Johannes W., 2018, "Exploring unbalanced growth: Understanding the sectoral structure of the South African economy," Economic Modelling, Elsevier, volume 72, issue C, pages 177-189, DOI: 10.1016/j.econmod.2018.01.012.
• Makiela, Kamil & Ouattara, Bazoumana, 2018, "Foreign direct investment and economic growth: Exploring the transmission channels," Economic Modelling, Elsevier, volume 72, issue C, pages 296-305, DOI: 10.1016/j.econmod.2018.02.007.
• Fazio, Giorgio & Piacentino, Davide, 2018, "Convergence analysis for hierarchical longitudinal data," Economic Modelling, Elsevier, volume 73, issue C, pages 89-99, DOI: 10.1016/j.econmod.2018.03.009.
• Cárdenas Rodríguez, Miguel & Haščič, Ivan & Souchier, Martin, 2018, "Environmentally Adjusted Multifactor Productivity: Methodology and Empirical Results for OECD and G20 Countries," Ecological Economics, Elsevier, volume 153, issue C, pages 147-160, DOI: 10.1016/j.ecolecon.2018.06.015.
• Jaeggi, Adrian & Legge, Stefan & Schmid, Lukas, 2018, "Dyadic value distance: Determinants and consequences," Economics Letters, Elsevier, volume 165, issue C, pages 48-53, DOI: 10.1016/j.econlet.2018.01.022.
• Wingender, Asger M., 2018, "A consistent measure of hours worked for international productivity comparisons," Economics Letters, Elsevier, volume 166, issue C, pages 14-17, DOI: 10.1016/j.econlet.2018.02.009.
• Cette, Gilbert & Corde, Simon & Lecat, Rémy, 2018, "Firm-level productivity dispersion and convergence," Economics Letters, Elsevier, volume 166, issue C, pages 76-78, DOI: 10.1016/j.econlet.2018.02.018.
• Cho, Sang-Wook (Stanley) & Díaz, Julián P., 2018, "The dynamics of trade margins: Evidence from the European integration," Economics Letters, Elsevier, volume 167, issue C, pages 90-96, DOI: 10.1016/j.econlet.2018.03.014.
• Malikov, Emir & Sun, Kai & Kumbhakar, Subal C., 2018, "Nonparametric estimates of the clean and dirty energy substitutability," Economics Letters, Elsevier, volume 168, issue C, pages 118-122, DOI: 10.1016/j.econlet.2018.04.017.
• Deniz, Pinar & Stengos, Thanasis & Yazgan, M. Ege, 2018, "Identification of common factors in panel data growth model," Economics Letters, Elsevier, volume 168, issue C, pages 94-97, DOI: 10.1016/j.econlet.2018.04.021.
• Chen, Tao & DeJuan, Joseph & Tian, Renfang, 2018, "Distributions of GDP across versions of the Penn World Tables: A functional data analysis approach," Economics Letters, Elsevier, volume 170, issue C, pages 179-184, DOI: 10.1016/j.econlet.2018.05.038.
• Jiang, Wei & León-Ledesma, Miguel, 2018, "Variable markups and capital-labor substitution," Economics Letters, Elsevier, volume 171, issue C, pages 34-36, DOI: 10.1016/j.econlet.2018.07.011.
• Papaioannou, Sotiris K., 2018, "EU services liberalization and TFP growth: Industry level evidence," Economics Letters, Elsevier, volume 172, issue C, pages 16-18, DOI: 10.1016/j.econlet.2018.08.015.
• Haupt, Harry & Schnurbus, Joachim & Semmler, Willi, 2018, "Estimation of grouped, time-varying convergence in economic growth," Econometrics and Statistics, Elsevier, volume 8, issue C, pages 141-158, DOI: 10.1016/j.ecosta.2017.09.001.
• Durusu-Ciftci, Dilek & Gokmenoglu, Korhan K. & Yetkiner, Hakan, 2018, "The heterogeneous impact of taxation on economic development: New insights from a panel cointegration approach," Economic Systems, Elsevier, volume 42, issue 3, pages 503-513, DOI: 10.1016/j.ecosys.2018.01.001.
• Duncan, Roberto & Toledo, Patricia, 2018, "Long-run overweight levels and convergence in body mass index," Economics & Human Biology, Elsevier, volume 31, issue C, pages 26-39, DOI: 10.1016/j.ehb.2018.06.005.
• Kounetas, Konstantinos Elias, 2018, "Energy consumption and CO2 emissions convergence in European Union member countries. A tonneau des Danaides?," Energy Economics, Elsevier, volume 69, issue C, pages 111-127, DOI: 10.1016/j.eneco.2017.11.015.
• Yang, Mian & Yang, Fuxia & Sun, Chuanwang, 2018, "Factor market distortion correction, resource reallocation and potential productivity gains: An empirical study on China's heavy industry sector," Energy Economics, Elsevier, volume 69, issue C, pages 270-279, DOI: 10.1016/j.eneco.2017.11.021.
• Arin, K. Peren & Braunfels, Elias, 2018, "The resource curse revisited: A Bayesian model averaging approach," Energy Economics, Elsevier, volume 70, issue C, pages 170-178, DOI: 10.1016/j.eneco.2017.12.033.
• Best, Rohan & Burke, Paul J., 2018, "Electricity availability: A precondition for faster economic growth?," Energy Economics, Elsevier, volume 74, issue C, pages 321-329, DOI: 10.1016/j.eneco.2018.06.018.
• Edquist, Harald & Goodridge, Peter & Haskel, Jonathan & Li, Xuan & Lindquist, Edward, 2018, "How important are mobile broadband networks for the global economic development?," Information Economics and Policy, Elsevier, volume 45, issue C, pages 16-29, DOI: 10.1016/j.infoecopol.2018.10.001.
• Del Gatto, Massimo, 2018, "The revealed cost competitiveness of changing trade patterns: A country-sector exercise," International Economics, Elsevier, volume 154, issue C, pages 3-22, DOI: 10.1016/j.inteco.2017.09.002.
• Hasumi, Ryo & Iiboshi, Hirokuni & Nakamura, Daisuke, 2018, "Trends, cycles and lost decades: Decomposition from a DSGE model with endogenous growth," Japan and the World Economy, Elsevier, volume 46, issue C, pages 9-28, DOI: 10.1016/j.japwor.2018.02.003.
• Aiyar, Shekhar & Duval, Romain & Puy, Damien & Wu, Yiqun & Zhang, Longmei, 2018, "Growth slowdowns and the middle-income trap," Japan and the World Economy, Elsevier, volume 48, issue C, pages 22-37, DOI: 10.1016/j.japwor.2018.07.001.
• Burda, Michael C. & Severgnini, Battista, 2018, "Total factor productivity convergence in German states since reunification: Evidence and explanations," Journal of Comparative Economics, Elsevier, volume 46, issue 1, pages 192-211, DOI: 10.1016/j.jce.2017.04.002.
• Xi, Tianyang & Yao, Yang & Zhang, Muyang, 2018, "Capability and opportunism: Evidence from city officials in China," Journal of Comparative Economics, Elsevier, volume 46, issue 4, pages 1046-1061, DOI: 10.1016/j.jce.2018.04.001.
• Vianna, Andre C. & Mollick, Andre V., 2018, "Institutions: Key variable for economic development in Latin America," Journal of Economics and Business, Elsevier, volume 96, issue C, pages 42-58, DOI: 10.1016/j.jeconbus.2017.12.002.
• Ma, Wanglin & Renwick, Alan & Yuan, Peng & Ratna, Nazmun, 2018, "Agricultural cooperative membership and technical efficiency of apple farmers in China: An analysis accounting for selectivity bias," Food Policy, Elsevier, volume 81, issue C, pages 122-132, DOI: 10.1016/j.foodpol.2018.10.009.
• Choi, Sangyup & Furceri, Davide & Huang, Yi & Loungani, Prakash, 2018, "Aggregate uncertainty and sectoral productivity growth: The role of credit constraints," Journal of International Money and Finance, Elsevier, volume 88, issue C, pages 314-330, DOI: 10.1016/j.jimonfin.2017.07.016.
• Gründler, Klaus & Scheuermeyer, Philipp, 2018, "Growth effects of inequality and redistribution: What are the transmission channels?," Journal of Macroeconomics, Elsevier, volume 55, issue C, pages 293-313, DOI: 10.1016/j.jmacro.2017.12.001.
• Alonso-Carrera, Jaime & Raurich, Xavier, 2018, "Labor mobility, structural change and economic growth," Journal of Macroeconomics, Elsevier, volume 56, issue C, pages 292-310, DOI: 10.1016/j.jmacro.2018.03.002.
• Eicher, Theo S. & García-Peñalosa, Cecilia & Kuenzel, David J., 2018, "Constitutional rules as determinants of social infrastructure," Journal of Macroeconomics, Elsevier, volume 57, issue C, pages 182-209, DOI: 10.1016/j.jmacro.2018.05.009.
• Ma, Xiaohan, 2018, "Investment specific technology, news, sentiment, and fluctuations: Evidence from nowcast data," Journal of Macroeconomics, Elsevier, volume 57, issue C, pages 55-70, DOI: 10.1016/j.jmacro.2018.05.006.
• Zawalińska, Katarzyna & Tran, Nhi & Płoszaj, Adam, 2018, "R&D in a post centrally-planned economy: The macroeconomic effects in Poland," Journal of Policy Modeling, Elsevier, volume 40, issue 1, pages 37-59, DOI: 10.1016/j.jpolmod.2017.09.007.
• Growiec, Jakub, 2018, "Factor-specific technology choice," Journal of Mathematical Economics, Elsevier, volume 77, issue C, pages 1-14, DOI: 10.1016/j.jmateco.2018.05.004.
• Aum, Sangmin & Lee, Sang Yoon (Tim) & Shin, Yongseok, 2018, "Computerizing industries and routinizing jobs: Explaining trends in aggregate productivity," Journal of Monetary Economics, Elsevier, volume 97, issue C, pages 1-21, DOI: 10.1016/j.jmoneco.2018.05.010.
• Aldieri, Luigi & Sena, Vania & Vinci, Concetto Paolo, 2018, "Domestic R&D spillovers and absorptive capacity: Some evidence for US, Europe and Japan," International Journal of Production Economics, Elsevier, volume 198, issue C, pages 38-49, DOI: 10.1016/j.ijpe.2018.01.015.
• Mahmoudzadeh, Amineh & Nili, Masoud & Nili, Farhad, 2018, "Real effects of working capital shocks: Theory and evidence from micro data," The Quarterly Review of Economics and Finance, Elsevier, volume 67, issue C, pages 191-218, DOI: 10.1016/j.qref.2017.07.004.
• Fischer, Lorenz Benedikt & Pfaffermayr, Michael, 2018, "The more the merrier? Migration and convergence among European regions," Regional Science and Urban Economics, Elsevier, volume 72, issue C, pages 103-114, DOI: 10.1016/j.regsciurbeco.2017.04.007.
• Pieri, Fabio & Vecchi, Michela & Venturini, Francesco, 2018, "Modelling the joint impact of R&D and ICT on productivity: A frontier analysis approach," Research Policy, Elsevier, volume 47, issue 9, pages 1842-1852, DOI: 10.1016/j.respol.2018.06.013.
• Ruiz, Jose L., 2018, "Financial development, institutional investors, and economic growth," International Review of Economics & Finance, Elsevier, volume 54, issue C, pages 218-224, DOI: 10.1016/j.iref.2017.08.009.
• Bin, Peng & Chen, Xiaolan & Fracasso, Andrea & Tomasi, Chiara, 2018, "Resource allocation and productivity across provinces in China," International Review of Economics & Finance, Elsevier, volume 57, issue C, pages 103-113, DOI: 10.1016/j.iref.2018.02.015.
• Batuo, Michael & Mlambo, Kupukile & Asongu, Simplice, 2018, "Linkages between financial development, financial instability, financial liberalisation and economic growth in Africa," Research in International Business and Finance, Elsevier, volume 45, issue C, pages 168-179, DOI: 10.1016/j.ribaf.2017.07.148.
• Yetkiner, Hakan & Nazlioglu, Saban, 2018, "Is there an optimal level of housing wealth in the long-run? Theory and evidence," Research in International Business and Finance, Elsevier, volume 46, issue C, pages 257-267, DOI: 10.1016/j.ribaf.2018.03.003.
• Roud, Vitaliy, 2018, "Understanding the heterogeneity of innovation modes: Performance effects, barriers, and demand for state support," Technological Forecasting and Social Change, Elsevier, volume 133, issue C, pages 238-253, DOI: 10.1016/j.techfore.2018.04.025.
• Nadiri, M. Ishaq & Nandi, Banani & Akoz, Kemal Kivanc, 2018, "Impact of modern communication infrastructure on productivity, production structure and factor demands of US industries: Impact revisited," Telecommunications Policy, Elsevier, volume 42, issue 6, pages 433-451, DOI: 10.1016/j.telpol.2018.03.008.
• Demir, Firat & Duan, Yi, 2018, "Bilateral FDI Flows, Productivity Growth, and Convergence: The North vs. The South," World Development, Elsevier, volume 101, issue C, pages 235-249, DOI: 10.1016/j.worlddev.2017.08.006.
• Niebel, Thomas, 2018, "ICT and economic growth – Comparing developing, emerging and developed countries," World Development, Elsevier, volume 104, issue C, pages 197-211, DOI: 10.1016/j.worlddev.2017.11.024.
• Ravallion, Martin, 2018, "An exploration of the changes in the international comparison program’s global economic landscape," World Development, Elsevier, volume 105, issue C, pages 201-216, DOI: 10.1016/j.worlddev.2017.12.035.
• Cruz, Marcio & Ahmed, S. Amer, 2018, "On the impact of demographic change on economic growth and poverty," World Development, Elsevier, volume 105, issue C, pages 95-106, DOI: 10.1016/j.worlddev.2017.12.018.
• Lavopa, Alejandro & Szirmai, Adam, 2018, "Structural modernisation and development traps. An empirical approach," World Development, Elsevier, volume 112, issue C, pages 59-73, DOI: 10.1016/j.worlddev.2018.07.005.
• Erasmo Papagni & Amedeo Lepore & Emanuele Felice & Anna Laura Baraldi & Maria Rosaria Alfano, 2018, "Public Investment and Growth Accelerations: The Case of Southern Italy, 1951-1995," EERI Research Paper Series, Economics and Econometrics Research Institute (EERI), Brussels, number EERI RP 2018/10, Jun.
• Rohan Best & Paul J. Burke, 2018, "Electricity Availability: A Precondition for Faster Economic Growth?," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2018-30, Jun.
• Papa, Javier, 2018, "NCC Productivity Statement 2018," MPRA Paper, University Library of Munich, Germany, number 116680, Nov.
• Mirjalili, Seyed hossein & Akbarzadeh, Amin & Pahlavani, Mosayeb, 2018, "مدیریت توسعه و رشد اقتصادی در ایران؛ تحلیلی بر تنگناهای رشد با رویکرد داده بنیاد
  [Growth and Development Management in Iran, An Analysis of Growth Constraints; grounded theory ApproachGrowth and Development Management in Iran, An Growth and Develo," MPRA Paper, University Library of Munich, Germany, number 124153, Feb, revised 28 Jul 2018.
• Nakatani, Ryota, 2018, "Output Costs of Currency Crises: Shocks, Policies and Cycles," MPRA Paper, University Library of Munich, Germany, number 83549, Jan.
• Aziz, Nusrate & Ahmad, Ahmad H., 2018, "Institutions and Economic Growth: Does Income Level Matter?," MPRA Paper, University Library of Munich, Germany, number 83684, Jan.
• Njindan Iyke, Bernard & Ho, Sin-Yu, 2018, "Inflation, Inflation Uncertainty, and Growth: Evidence from Ghana," MPRA Paper, University Library of Munich, Germany, number 85191, Mar.
• Hasumi, Ryo & Iibsoshi, Hirokuni & Nakamura, Daisuke, 2018, "Trends, Cycles and Lost Decades: Decomposition from a DSGE Model with Endogenous Growth," MPRA Paper, University Library of Munich, Germany, number 85521, Jan.
• del Río, Fernando, 2018, "Governance, social infrastructure and productivity," MPRA Paper, University Library of Munich, Germany, number 86245, Apr, revised 16 Apr 2018.
• Malikov, Emir & Sun, Kai & Kumbhakar, Subal C., 2018, "Nonparametric Estimates of the Clean and Dirty Energy Substitutability," MPRA Paper, University Library of Munich, Germany, number 86260.
• Ho, Sin-Yu, 2018, "Analysing the Sources of Growth in an Emerging Market Economy: The Thailand Experience," MPRA Paper, University Library of Munich, Germany, number 86337, Apr.
• Phiri, Andrew, 2018, "Robust analysis of convergence in per capita GDP in BRICS economies," MPRA Paper, University Library of Munich, Germany, number 86936, May.
• Ho, Sin-Yu & Njindan Iyke, Bernard, 2018, "The Determinants of Economic Growth in Ghana: New Empirical Evidence," MPRA Paper, University Library of Munich, Germany, number 87123.
• Mendez, Carlos, 2018, "On the Distribution Dynamics of Human Development: Evidence from the Metropolitan Regions of Bolivia," MPRA Paper, University Library of Munich, Germany, number 87571, Jun.
• Mendez-Guerra, Carlos, 2018, "Beta, Sigma and Distributional Convergence in Human Development? Evidence from the Metropolitan Regions of Bolivia," MPRA Paper, University Library of Munich, Germany, number 87627, Jun.
• Mendez-Guerra, Carlos & Gonzales-Rocha, Erick, 2018, "A Comparison of TFP Estimates via Distribution Dynamics: Evidence from Light Manufacturing Firms in Brazil," MPRA Paper, University Library of Munich, Germany, number 87723, Jul.
• Malik, Mushtaq Ahmad & Masood, Dr. Tariq, 2018, "Economic Growth, Productivity and Convergence of the Middle East and North African Countries," MPRA Paper, University Library of Munich, Germany, number 87882, Mar, revised 16 Jul 2018.
• Cruz, Edgar, 2018, "Kuznets meets Lucas: Structural Change and Human Capital," MPRA Paper, University Library of Munich, Germany, number 88246, Jul.
• Phiri, Andrew, 2018, "Endogenous monetary approach to optimal inflation-growth nexus in Swaziland," MPRA Paper, University Library of Munich, Germany, number 88258, Jul.
• Bakari, Sayef & Mabrouki, Mohamed & Othmani, Abdelhafidh, 2018, "The Six Linkages between Foreign Direct Investment, Domestic Investment, Exports, Imports, Labor Force and Economic Growth: New Empirical and Policy Analysis from Nigeria," MPRA Paper, University Library of Munich, Germany, number 88259.
• Diallo, Ibrahima Amadou, 2018, "How Internal Violence Lowers Economic Growth: A Theoretical and Empirical Study," MPRA Paper, University Library of Munich, Germany, number 88285, Aug.
• Gonzales-Rocha, Erick & Mendez-Guerra, Carlos, 2018, "Increasing productivity dispersion: Evidence from light manufacturing in Brazil," MPRA Paper, University Library of Munich, Germany, number 88478, Aug.
• Barón Ortegón, Brayan Alexander, 2018, "Educación superior y crecimiento económico en Colombia (1971-2016): una relación de cointegración
  [Higher education and economic growth in Colombia (1971-2016): a cointegration relationship]," MPRA Paper, University Library of Munich, Germany, number 88649, Sep.
• Bakari, Sayef, 2018, "If France continues this strategy, taxes will destroy domestic investment and economic growth," MPRA Paper, University Library of Munich, Germany, number 88943, Jul.
• Bakari, Sayef, 2018, "If France continues this strategy, taxes will destroy domestic investment and economic growth," MPRA Paper, University Library of Munich, Germany, number 88944, Jul.
• Kounetas, Kostas & Napolitano, Oreste & Stavropoulos, Spyridon & Burger, Martijn, 2018, "European Regional Productive Performance under a Metafrontier Framework. The role of patents and human capital on technology gap?," MPRA Paper, University Library of Munich, Germany, number 88957, Jan, revised 17 Jul 2018.
• Bakari, Sayef, 2018, "If France continues this strategy, taxes will destroy domestic investment and economic growth," MPRA Paper, University Library of Munich, Germany, number 89011, Jul.
• Bakari, Sayef, 2018, "Do Agricultural Raw Materials Imports Cause Agricultural Growth? Empirical Analysis from North Africa," MPRA Paper, University Library of Munich, Germany, number 89054, Aug.
• Bakari, Sayef, 2018, "Do Agricultural Raw Materials Imports Cause Agricultural Growth? Empirical Analysis from North Africa," MPRA Paper, University Library of Munich, Germany, number 89056, Aug.
• Santos, João & Domingos, Tiago & Sousa, Tânia & Serrenho, André, 2018, "Development of a two-sector model with an extended energy sector and application to Portugal (1960-2014)," MPRA Paper, University Library of Munich, Germany, number 89175, Sep.
• Benos, Nikos & Tsiachtsiras, Georgios, 2018, "Innovation and Inequality: World Evidence," MPRA Paper, University Library of Munich, Germany, number 89217, Sep.
• Johnson, Paul & Papageorgiou, Chris, 2018, "What Remains of Cross-Country Convergence?," MPRA Paper, University Library of Munich, Germany, number 89355, Aug.
• Okolo, Chimaobi & Attamah, Nicholas, 2018, "Macroeconomic implications of Raising Income:The Nigerian Experience," MPRA Paper, University Library of Munich, Germany, number 89640, Oct.
• Kant, Chander, 2018, "Income convergence and the catch-up index," MPRA Paper, University Library of Munich, Germany, number 89833, Aug.
• Amavilah, Voxi Heinrich, 2018, "Endogenous constraints, coefficients of economic distance, and economic performance of African countries – An exploratory essay," MPRA Paper, University Library of Munich, Germany, number 90065, Nov.
• Kant, Chander, 2018, "Privatization and growth: natural experiments of European economies in transition," MPRA Paper, University Library of Munich, Germany, number 90302, Nov.
• Abdul Wahab, Abdul Azeez Oluwanisola & Kefeli, Zurina & Hashim, Nurhazirah, 2018, "Investigating The Dynamic Effect of Healthcare Expenditure and Education Expenditure On Economic Growth in Organisation of Islamic Countries (OIC)," MPRA Paper, University Library of Munich, Germany, number 90338, Oct, revised 19 Oct 2018.
• Matuka, Adelajda & Asafo, Shuffield Seyram, 2018, "External Debt and Economic Growth in Ghana: A Co-integration and a Vector Error Correction Analysis," MPRA Paper, University Library of Munich, Germany, number 90463, Dec, revised 04 Nov 2018.
• Thorgeirsson, Thorsteinn, 2018, "New Frontiers in the Euro Debate in Iceland," MPRA Paper, University Library of Munich, Germany, number 90607, Oct.
• Tamilina, Larysa & Tamilina, Natalya, 2018, "Path Break versus Path Drift: A Comparative Approach to Explain Variations in Institutional Effects on Economic Growth," MPRA Paper, University Library of Munich, Germany, number 93561, Jan.
• Zhang, Lin & Adom, Philip Kofi, 2018, "Energy Efficiency Transitions in China: How persistent are the movements to/from the frontier?," MPRA Paper, University Library of Munich, Germany, number 94797, Mar.
• Kant, Chander, 2018, "Privatization and growth: natural experiment of European economies in transition," MPRA Paper, University Library of Munich, Germany, number 96080, Nov, revised 28 Sep 2019.
• Goodness C. Aye & Giray Gozgor & Rangan Gupta, 2018, "Dynamic and Asymmetric Response of Inequality to Income Volatility: The Case of the United Kingdom," Working Papers, University of Pretoria, Department of Economics, number 201821, Mar.
• Lejla Terzić, 2018, "How Tourism Destination Competitiveness Contributes To Gdp Growth - The Case Of Selected European Economies," Acta Oeconomica Pragensia, Prague University of Economics and Business, volume 2018, issue 3, pages 24-34, DOI: 10.18267/j.aop.606.
• Fuhmei Wang, 2018, "The Influences of Fiscal Decentralization on Economic Performance: Empirical Evidence from OECD Countries," Prague Economic Papers, Prague University of Economics and Business, volume 2018, issue 5, pages 606-618, DOI: 10.18267/j.pep.674.
• Martin Murín, 2018, "Vplyv verejného dlhu a jeho štruktúry na ekonomického rast vybraných vyspelých krajín
  [The Influence of Public Debt and Its Structure on Economic Growth of Advanced Economies]," Politická ekonomie, Prague University of Economics and Business, volume 2018, issue 2, pages 178-200, DOI: 10.18267/j.polek.1183.
• Xiao Jiang & Luis Villanueva, 2018, "Patterns of Technical Change and De-Industrialization," PSL Quarterly Review, Economia civile, volume 71, issue 285, pages 161-182.
• Sakari Lähdemäki & Eero Lehto & Eero Mäkynen, 2018, "The Role of Natural Resources and Geography for Productivity in Developed Countries," Working Papers, Työn ja talouden tutkimus LABORE, Labour Institute for Economic Research LABORE, number 320, Apr.
• Luísa Farinha & Francisca Rebelo, 2018, "When losses turn into loans: the cost of undercapitalized banks," Working Papers, Banco de Portugal, Economics and Research Department, number w201816.