This is a collection of essays by one of the finest theorists in economics, applying his mind to the historical sweep of the process of economic growth over the last two centuries. This process has led to unprecedented growth and prosperity in a set of countries, increasing divergence in their performance from a large set of other countries, and yet an amazing catch-up process in a small third ...

Abstract We study a unique dataset with comprehensive coverage of daily prices in large multi-product retailers Israel. Retail stores synchronise price changes around occasional ‘peak’ days when they reprice 10% their products. To assess aggregate implications partial synchronisation, we develop new model which firms face economies scope adjustment, and synchronisation is endogenous. Synchronis...

this paper extends endogenous growth models through augmenting it with government budget and oil revenues as well as the effect of public investment efficiency on long run growth of private and government consumption and import for an oil producing economy. based on the extracted model, the optimal growth rate of government current expenditure (or consumption) has a positive relation with the e...

in this paper, we give some determinantal and permanental representations of generalized lucas polynomials, which are a general form of generalized bivariate lucas p-polynomials, ordinary lucas and perrin sequences etc., by using various hessenberg matrices. in addition, we show that determinant and permanent of these hessenberg matrices can be obtained by using combinations. then we show, the ...