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This article analyzes the causes of economic growth. The authors revise social influences on the maintenance of economic expansion rates as a cause and effect together with maintaining the balance between aggregate demand and supply. They also give the main factors which give an impulse to a...
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fluctuations in savings on domestic investment and the current account? In the long run, we find that countries invest the marginal …Faced with income fluctuations, countries smooth their consumption by raising savings when income is high, and vice … versa. How much of these savings do countries invest at home and abroad? In other words, what are the effects of …
Persistent link: https://www.econbiz.de/10013243615
fluctuations in savings on domestic investment and the current account? In the long run, we find that countries invest the marginal …Faced with income fluctuations, countries smooth their consumption by raising savings when income is high, and vice … versa. How much of these savings do countries invest at home and abroad? In other words, what are the effects of …
Persistent link: https://www.econbiz.de/10012469683
fluctuations in savings on domestic investment and the current account? In the long run, we find that countries invest the marginal …Faced with income fluctuations, countries smooth their consumption by raising savings when income is high, and vice … versa. How much of these savings do countries invest at home and abroad? In other words, what are the effects of …
Persistent link: https://www.econbiz.de/10014115044
This paper explores the qualitative and quantitative implications of taxation for growth and savings in three Latin …
Persistent link: https://www.econbiz.de/10011289284
The emphasis in post-Keynesian macroeconomics on wage- versus profit- led growth may not have been helpful. The profit share is not an exogenous variable, and the correlations between the pro.t share and economic growth can be positive for some exogenous shocks but negative for others. The...
Persistent link: https://www.econbiz.de/10011522218