Author/Editor: César Calderón.

Release Date:June, 2001

The failure of the neoclassical growth model to account for differences in output per worker across countries has suggested that these differences should be driven by cross-country differences in more...

Author/Editor: Luisa Zanforlin, César Calderón, Alberto Chong.

Release Date:January, 2001

This paper analyzes the behavior of current account deficits in Africa and estimates whether the deficits are excessive with respect to fundamentals. The findings are the deficits are (i) not very more...