| Recent papers Thorvaldur Gylfason |
For more detail, |
Challenge, 2021.
wiiw Research
Report No. 455, September 2021.
Mongolia: On Diversification as an Engine of
Prosperity (with Jean-Pascal
In
print
Challenge, March-April 2020.
In
print
In
print
ifo DICE Report 2/2019.f
In Ekonomicheskii zhurnal Vysshei shkoly
ekonomiki (Economic Journal of the Higher School of Economics),
2020.
In
In Ágúst Th. Árnason and Catherine Dupre (eds.),
Icelandic Constitutional
Reform: People, Processes, Politics, Routledge 2020.
In
print
In Robert Z. Aliber and Gylfi Zoega (eds.),
The 2008 Global Financial Crisis in Retrospect, Palgrave 2019.
In
print
In Emil Ems and Thorvaldur Gylfason (eds.),
Prosperity through Trade and Structural Reform, Festschrift in honour
of Per Magnus Wijkman, Dialogos, Stockholm,
2018.
Chain of Legitimacy: Constitution
Making in Iceland
In
print
In
print
Introduction to
The New Icelandic Constitution:
Introduction to
The Icelandic Federalist Papers, Berkeley Public Policy Press
2018.
In
print
The American Economist,
October 2017.
From Double
Diversification to Efficiency and Growth
Comparative Economic Studies,
June 2017.
Incomes, Hours of Work, and Equality in Europe and the United States
Digital Tools and the
Derailment of Iceland´s New Constitution
(with Anne Meuwese)
In
print
In
print
In
print
on the web
Filling the Institutional Vacuum in Eastern Europe (with Inmaculada Martínez-Zarzoso and Per Magnus Wijkman), Eastern Partnership Review No. 21, May 2015.
Economic Diversification: Six Case Studies
Social Capital,
Inequality, and Economic Crisis
Double Diversification with an Application to Iceland
In
print
Around the World with Irving Fisher (with Helgi Tómasson and
Gylfi Zoega)
North
American Journal of Economics and Finance,
February 2016.
— Available
also as
CESifo Working Paper
No. 5257, March 2015.
Negative
Interest
In
Swedish in Birgitta Swedenborg (ed.),
Swedish in Swedish Economic
Policy
Constitution on Ice
Available
in a
shorter version
in
Valur
Ingimundarson,
Philipe
Urfalino, and
Irma
Erlingsdóttir (eds.),
Iceland’s Financial Crisis: The Politics
of Blame, Protest, and Reconstruction
(2016),
Routledge,
London, England.
Diversification, Dutch Disease, and
Economic Growth: Options for Uganda
(with Jean-Pascal Nguessa Nganou)
In
print
Free Trade Agreements, Institutions and Exports of Eastern Partnership
Countries
Journal of Common Market Studies,
June 2015. An earlier version, upstaged by events in Ukraine, appeared
as "Can and Should
the EU's Eastern Partnership be Saved?,"
CESifo Working Paper No. 4869,
July 2014. See accompanying
slides.
The Dutch Disease in Reverse: Iceland’s Natural Experiment
(with Gylfi Zoega)
In print
In Luigi Paganetto (ed.),
Getting Globalization Right: Sustainability and Inclusive Growth in the post
Brexit Age, Springer, 2018.
Iceland: How Could This Happen?
In print
In Torben M. Andersen, Michael Bergman, and
Svend E. Hougaard Jensen (eds.),
Reform Capacity and Macroeconomic
Performance in the Nordic Countries, Oxford University Press,
2015.
— Also available as as
A Tale of Two Debtors: Iceland, Ireland — and Their Banks
In print
Milken Institute Review,
April 2013.
Constitutions:
Financial
Crisis Can Lead to Change
In print
How
Free
Trade
Can
Help
Convert the
’Arab Spring’ into
Permanent
Peace and
Democracy
In print
Defence and Peace Economics,
March 2014.
From
Collapse to Constitution: The Case of Iceland
In
print
In
Luigi
Paganetto
(ed.),
Public Debt, Global Governance and
Economic
Dynamism, Springer,
2013.
A Decade of Editing the European Economic Review
In print
In
M.
Szenberg and L. Ramrattan
(eds.),
Secrets
of Economics Editors, MIT Press,
2014. — Also
available as
IZA Discussion Paper No.
5982 and
CESifo Working Paper
No.
3638,
December
2011.
In print
In
Policy Conference: Competitiveness & Diversification:
Strategic Challenges in a Petroleum-Rich Economy
(UNIDO,
2012).
Commodity Price Volatility, Democracy and Economic Growth
(with Rabah Arezki)
In print
In Olivier de
La Grandville (ed.),
Frontiers of
Economic Growth and Development, foreword by
Robert M. Solow, Emerald, 2011.
— Also
available as
CESifo Working Paper No.
3619,
October
2011.
In print
Natural Resource Endowment: A Mixed Blessing?
In print
In
Rabah
Arezki, Thorvaldur Gylfason, and Amadou Sy (eds.),
Beyond the Curse: Policies to Harness the Power of Natural Resources,
International Monetary Fund, 2011.
— Also
available as
CESifo Working Paper
No. 3353,
February
2011.
Growing Together: Croatia and Latvia (with Eduard
Hochreiter)
In print
Comparative
Economic Studies, June 2011.
— Also
available as
CESifo Working Paper No.
3202,
October
2010.
Iceland: After the Fall
In print
Milken Insititute Review, First Quarter,
2010.
Development and Growth in Mineral-Rich Countries:
Why Social Policy Matters
In print
In
Katja Hujo (ed.),
Mineral rents and the financing of social policy:
Opportunities and
challenges,
Palgrave Macmillan,
2012.
Dutch Disease
In print on the web
The New Palgrave Dictionary of Economics Online.
Growing Apart? A Tale of Two
Republics: Estonia and Georgia (with Eduard
Hochreiter)
In print
European Journal of Political Economy,
September
2009. — Also
available as
IMF Working Paper No. 08/235, September 2008, and
CESifo Working Paper No.
2155, December 2007.
A Golden Rule of
Depreciation (with Gylfi Zoega)
In print
Economics
Letters,
September 2007.
— Also available under a shorter title,
Obsolescence, as CEPR Discussion Paper No. 2833, June 2001.
The International
Economics of Natural Resources and Growth
In print
Minerals and Energy, June 2007.
— Available also as
CESifo Working Paper No. 1994, May
2007. Appeared also in Russian translation in the
Economic Journal of
the Higher School of Economics, September 2008.
Privatization, Efficiency, and
Economic Growth
In print
In The Socio-Economic Transformation: Getting Closer to What?,
eds. Zbigniew
Nahorski, Jan W. Owsinski, and
Tomasz
Szapiro, Palgrave (MacMillan), London, 2007. — Also
available
as CEPR Discussion Paper No. 1844.
Why Europe Works Less and Grows Taller
In print
Challenge,
January-February
2007.
Natural Resources and Economic Growth: The
Role of Investment (with Gylfi Zoega)
In print
World Economy, August 2006. — A
longer version is available as CEPR Discussion Paper No. 2743, March 2001.
Institutions, Human
Capital, and Diversification of Rentier Economies
In print
In
Dead Ends of Transition: Rentier Economies and Protectorates, Michael
Dauerstädt
and Arne Schildberg (eds.), Campus, 2006.
— Prepared for Workshop
on Transforming Authoritarian Rentier Economies
at
the Friedrich Ebert Foundation in Bonn 21-24 September 2005
and appeared
in Dead
Ends of Transition: Rentier Economies and Protectorates, eds. Michael
Dauderstädt and Arne Schildberg, Campus, Frankfurt/Main 2006.
The Road from Agriculture (with Gylfi Zoega)
In print
In
Institutions, Development, and Economic Growth, eds. Theo Eicher og
Cecilia
García-Peñalosa, MIT Press,
May 2006.
How do
India and China Grow?
In print
Challenge, January-February 2006.
— Based on
presentation at the MEFMI Combined Forum of Ministers of
Finance and Planning, Treasury Secretaries and Permanent Secretaries for Finance
and Planning, and Central Bank Governors, 17 September 2005, Bridgetown,
Barbados. See printed version
here.
Interview with Assar Lindbeck
In print
Macroeconomic Dynamics, February
2006. — Also available as CESifo Working Paper No. 1408, February 2005. Appeared also
in Swedish in Ekonomisk Debatt,
November 2005.
Natural Resources and
Economic Growth: From Dependence to Diversification
In print
In
Economic Liberalization and Integration Policy: Options for Eastern Europe and
Russia, eds. Harry G. Broadman, Tiiu Paas, and Paul J. J. Welfens,
Springer, Heidelberg and Berlin, 2006.
— Available as
CEPR Discussion Paper No. 4804, December 2004.
To Grow or Not to Grow: Why Institutions
Must Make a Difference
In print
CESifo DICE Report
2, Summer
2004.
Monetary
and Fiscal Management,
In print
Empirica, June-September 2004. — Available also as
CES Working Paper No. 1118.
To Grow or Not
to Grow: Is Africa Different? No.
In print
MEFMI
FORUM, March 2004.
Education, Social Equality and
Economic Growth:
In print
CES Economic Studies, December 2003.
— Also available as
CES Working Paper No. 876.
Icelandic
Fisheries Management: Fees vs. Quotas (with Martin Weitzman)
New
CEPR Discussion Paper No. 3849, March 2003.
Inequality and Economic Growth:
In print
In
Inequality
and Growth: Theory and Policy Implications, eds. Theo Eicher and Stephen
Turnovsky, MIT Press, 2003. —
The Real Exchange Rate Always
Floats
In print
Australian Economic Papers,
December 2002, where it appeared in a
special
issue. — Also
available as CEPR Discussion Paper No. 3376, May 2002.
Mother Earth: Ally or Adversary?
In print
World
Economics, January-March 2002.
Natural Resources and
Economic Growth: What
is the Connection?
In print
Published in a conference volume entitled
Fostering Sustainable
Growth in Ukraine, eds. Stephan von Cramon-Taubadel and Iryna Akimova,
Physica-Verlag (A Springer-Verlag Company), Heidelberg and New York, 2002, in
Ukrainian as well as English. — A
longer version is in circulation as
CESifo Working
Paper No. 530, 2001.
Lessons from the
Dutch Disease: Causes, Treatment, and
Cures
In print
In
Paradox of Plenty: The Management of Oil Wealth, Report 12/02, ECON,
Centre for Economic Analysis, Oslo, 2002.
Does Inflation Matter for
Growth? (with Tryggvi Thor Herbertsson)
In print
Japan and the World Economy,
December 2001. — Also
available as
CEPR Discussion Paper No. 1503.
Nature, Power, and Growth
In print
Scottish Journal of Political Economy, November 2001.
Ownership
and Growth (with Tryggvi Thor Herbertsson and Gylfi Zoega)
In print
World
Bank Economic Review, October 2001.
Obsolescence
(with Gylfi Zoega)
In print
CEPR Discussion Paper No. 2833, June 2001. A
shorter version, entitled "A Golden Rule of Depreciation," appeared in
Economics Letters,
September 2007 (see above).
Natural Resources,
Education, and Economic Development
In print
European Economic Review in May 2001.
— Also available as
CEPR Discussion Paper No. 2594, October 2000.
Nordic
Integration and European Integration
In print
In
Regionalism in Europe:
Geometries and Strategies After 2000, eds. Jürgen von Hagen
and Mika Widgren, Kluwer Academic Publishers, 2001.
Education,
Social Equality and Economic Growth:
In print
In Education + Training => Knowledge + Innovation => Economic + Social Growth, Proceedings of the
3rd International Conference organized by the Athens Institute for Education and
Research, ed. Gregory T. Papanikos, Athens, 2001.
Fix or
Flex? Alternative Exchange Rate Regimes in an Era of Global Capital Mobility
In print
North American Journal of Economics and Finance, December 2000.
Resources,
Agriculture, and Economic Growth in Economies in Transition
In print
Kyklos,
4/2000.
Growing Apart
In print
Journal of World Trade,
August 2000.
Icelandic Economists:
Have They Made a Difference? A Personal View
In print
Nationaløkonomisk
tidsskrift, 3/2000 (in
Danish).
A Mixed Blessing: Natural
Resources and Economic Growth (with Tryggvi Thor Herbertsson and Gylfi
Zoega)
In print
Macroeconomic Dynamics, June 1999.
Exports,
Inflation, and Growth
In print
World Development, June 1999.
The Path of Output from Plan to
Market
In progress
Natural Resources and
Economic Growth: A Nordic Perspective on the Dutch Disease
In print
In
Macroeconomic Policy:
Iceland in an Era of Global Integration, ed. Mar Gudmundsson, Tryggvi Thor
Herbertsson, and Gylfi Zoega, Iceland University Press, Reykjavík, 2000. — An
abridged version of the paper
was published in
Resource Abundance and Economic Development, ed. Richard M. Auty,
Oxford University Press, August 2001.
Easy pieces
A few short pieces on various topics.
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