“...There is growing interest in multi-sector models that combine aggregate balanced growth, consistent with the well-known Kaldor facts, with systematic changes...”

“...There is a growing interest in multi-sector models that combine aggregate balanced growth, consistent with the well-known Kaldor facts, with systematic changes...”

“...A declining agricultural employment share is a key feature of economic development. Its main drivers are: improvements in agricultural technology combined with...”

“...Over the last three decades, average income for the bottom half of the US distribution increased by 8% while their average saving rate decreased by eight...”

“...Long run economic growth goes along with structural change. Recent work has identified explanatory factors on the demand side (non-homothetic preferences) and...”

“...A declining agricultural employment share is a key feature of economic development. Its main drivers are: improvements in agricultural technology combined with...”

“...There is a growing interest in multi-sector models that combine aggregate balanced growth, consistent with the well-known Kaldor facts, with systematic changes...”

“...The process of economic development is characterized by substantial rural-urban migrations and a decreasing share of agriculture in output and employment. The...”