This paper analyzes the impact of the interaction between monetary policy and fiscal policy on the stability of an one-sector AK economy. The monetary authority pegs the money growth factor while the ...

The study of economic growth is concerned with long-run changes, and therefore, historical data should be especially influential in informing the development of new theories. In this review, we draw ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper describes a macroeconomic framework integrating disasters in the analysis of growth and long-term economic ...