A Contribution to the Empirics of Economic Growth

Details

Photo

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Name

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Authors

N. Gregory Mankiw, David Romer, David N. Weil

Year

1992

Field

Macroeconomics / growth theory

One big idea

A beefed-up Solow model with human capital actually fits international income differences surprisingly well.

My take

The paper that made me stop trash-talking Solow. Also a masterclass in “take a simple model, hammer it with data” vibes.