Money, Capital Formation and Economic Growth: International Comparison with Time Series Analysis

Front Matter....Pages i-xvi
Front Matter....Pages 1-1
The ‘Missing Equations’ for Postwar USA, UK, and Japan....Pages 3-21
Estimating the ‘Missing Equations’ for Developing Countries....Pages 22-36
A Quest for the ‘Missing Equations’ in OECD Countries....Pages 37-55
Front Matter....Pages 57-57
The NAIRU, Potential Output, and the Kalman Filter: A Survey and Method of Estimation....Pages 59-79
The NAIRU, Potential Output, and Okun’s Law: Postwar USA, UK, and Japan....Pages 80-96
Front Matter....Pages 97-97
Finance and Growth: VARs with Cointegration for the USA, the UK, and Japan....Pages 99-119
Financial Structure and Economic Growth: Evidence from the USA, the UK, and Japan....Pages 120-139
Front Matter....Pages 141-141
Has Growth Been Led by Investment or Exports? Prewar and Postwar US, UK, and Japan....Pages 143-156
Was It Investment or Exports That Led Economic Growth? 13 Developing Country Experiences....Pages 157-173
Back Matter....Pages 174-177