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This paper examines the prospects for Australia meeting the Governments target to bring unemployment down to 5 per cent by the year 2000. Particular attention is paid to the effect of the business cycle on unemployment.
Persistent link: https://www.econbiz.de/10005620145
This study is an attempt to determine the factors that influence a firm’s choice of capital structure in three Asian countries: Japan, Malaysia and Pakistan. The specific objective is to investigate if country’s economic factors play a significant role in determining capital structure...
Persistent link: https://www.econbiz.de/10004961530
In this paper we proposed a model deriving from physics laws, which are associated to the investments impact upon the economic system potential. Defining several physics fundamental dimensions and starting from a series of assumptions, we tried to find their possible economic meaning and...
Persistent link: https://www.econbiz.de/10005619794
Economic growth data does not show how such growth was achieved. Was it based on income growth and consumption spending levels or was it based on borrowings to extend the income levels? The question is vital for deciding which economic tools work best for correcting imbalances. The main...
Persistent link: https://www.econbiz.de/10011251886
As by product of economic growth, jobs are indeed transformational. In other words, efficiency increases as workers get better at what they do (as more productive jobs appear and less productive one disappear). In fact societies flourish as jobs bring together people from different ethnic and...
Persistent link: https://www.econbiz.de/10011107833
This paper examines the impact of transport infrastructure investment and transport sector productivity on South … rate, yet on the BVAR model it was influenced by inflation, domestic fixed transport investments, multi factor productivity …
Persistent link: https://www.econbiz.de/10011108467
productivity. Our aim is to test the hypothesis that subjective well-being contributes to productivity using a two step approach …: first, we establish whether subjective well-being can be a candidate variable to study Total Factor Productivity; second, we … assess how much subjective well-being contributes to productivity at aggregate level through efficiency gains. We adopt Data …
Persistent link: https://www.econbiz.de/10011109923
For effective economic growth, intentional “creation” of unemployment is required to be followed up by its «elimination». From Okun’s law one can infer an interesting corollary: growing unemployment without reducing GDP increases the economy’s potential. This corollary can be proved...
Persistent link: https://www.econbiz.de/10011110853
The article describes “the theory of devaluation of values” developed by the author. In accordance with this theory, economic growth takes place using two inter-connected phenomena: a) reduction in time necessary for “the set of benefits (goods) currently consumed” to be produced, on the...
Persistent link: https://www.econbiz.de/10011257858
– Inflation) x GDP = K_Index_Infl. Productivity Index: K_Index / Labor Force = K_PROD Inflation indexed Productivity Index: K …
Persistent link: https://www.econbiz.de/10011259539