Macroeconomic Stability and the Distribution of Growth Rates

Macroeconomic Stability and the Distribution of Growth Rates

It is often argued that macroeconomic instability can form a binding constraint on economic growth. Drawing on a new index of stability, threshold estimation is used to divide developing economies into two growth regimes, depending on a threshold level of stability. For the more stable group of coun...

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Bibliographic Details
Main Authors: Sirimaneetham, Vatcharin, Temple, Jonathan R.W.
Format: Journal Article
Published: World Bank 2012
Subjects:
economic development
economic growth
economics
empirical growth literature
empirical models
growth determinants
growth performance
growth rate
growth rates
investment rate
long-run growth
macroeconomic instability
macroeconomic outcomes
macroeconomic policies
macroeconomic policy
macroeconomic stability
policy analysis
poverty reduction
rapid growth
standard growth determinants
Online Access:http://hdl.handle.net/10986/4510

Internet

http://hdl.handle.net/10986/4510

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