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As labor input in Japan shrinks with population aging, capital accumulation and productivity...

The paper reviews the "stylized facts" on economic growth gathered by Easterly and Levine in...

This paper explores the behavior of money demand by explicitly accounting for the money supply...

The last decade has seen widespread deregulation of domestic financial markets in the United...

This paper presents a cash-in-advance framework, with variable income velocity, where the...

How do firm-specific actions-in particular, innovation-affect firm productivity? And what is the...