Showing 1 - 10 of 12
Measures aimed at reducing the tax burden on labour have been advocated to alleviate the EU unemployment problem. Most … of the analyses document a relationship between the unemployment rate and the tax burden on labour. Hence, it is not … possible to discern whether the effect on unemployment derives from labour demand, labour supply or through the wage formation …
Persistent link: https://www.econbiz.de/10005412493
The belief that equality of demand and supply determines price and clears the market is universal. Shockingly, this belief is unfounded. It contradicts macro’s claim that equality of demand and supply determines output. It contradicts (new) monetary theory, which claims that equality of demand...
Persistent link: https://www.econbiz.de/10005413280
institutions in aggregate demand liquidity, in that total buy (sell) volume predicts increasing (decreasing) institutional … ownership. Institutions also tend to trade in large or very small sizes, in that buy (sell) volume at these sizes predicts …
Persistent link: https://www.econbiz.de/10005134775
Economic policies and, particularly, fiscal policies are not designed and implemented in an “empty space”: the structural characteristics of the economic systems, the institutional architecture of societies, the cultural paradigm and the power relations between different social groups,...
Persistent link: https://www.econbiz.de/10005408434
In a simple theoretical framework, the quality of institutions affects individual’s investment decisions, and hence … income levels and distribution. When institutions deteriorates and inequalities increase, the incumbent undertakes … redistributive taxation to maintain political support. The quality of institutions and the extent of redistribution depend on the …
Persistent link: https://www.econbiz.de/10005412490
De juridische bescherming van banken en aandeelhouders beïnvloedt de omvang en kwaliteit van het financiële systeem en daarmee de economische groei. Gebrekkige (juridische) instituties in transitie-economieën kunnen de economische ontwikkeling van deze landen dan ook afremmen. Zo dragen...
Persistent link: https://www.econbiz.de/10005413152
decision makers. These responses, in turn influenced by institutions and instrumental freedoms, ultimately affect the dynamics …
Persistent link: https://www.econbiz.de/10005556907
Corruption has a negative impact on society and economy. The transition process in Central and Eastern Europe (CEE) uncovered dormant possibilities for corruption and necessity for appropriate steps to be taken. We document the state of corruption in the Czech Republic and the measures...
Persistent link: https://www.econbiz.de/10005560992
equity. Using the African scenario, this paper argued that although many of the institutions needed for strong income growth …
Persistent link: https://www.econbiz.de/10005561601
In this paper, the effects of alternatives to finance unemployment benefits on employment and wages are examined in a … model with search generated equilibrium unemployment. It is demonstrated that employment improves if a value--added tax is …
Persistent link: https://www.econbiz.de/10005125902