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Does capital flow from rich to poor countries? We revisit the Lucas paradox and explore the role...

International capital flows from rich to poor countries can be regarded as either too low (the...

Using data on long-term interest rates for 17 industrial countries, this paper develops some...

This paper estimates agricultural total factor productivity (TFP) in 162 countries between 1991...

How important is luck in determining labor market outcomes? We address this question using a new...

Household savings rates in the United States have recently crept up from all-time lows. Some have...