Studies on economic growth and inflation

@inproceedings{Adu2012StudiesOE,
  title={Studies on economic growth and inflation},
  author={George Asumah Adu},
  year={2012}
}
This thesis consists of four independent papers. Paper I examines the effect of environmental policy on economic growth in a small open economy in a neoclassical framework with pollution as an input. We show that the effect of environmental policy on growth is stronger in the open economy case relative to the closed economy model if the country has strong aversion to pollution and thus serves as a net exporter of capital in the international capital market. On the other hand, if the agents in… CONTINUE READING

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