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employment or the labour income tax rate leads, in contrast, to a lower wage, a higher interest rate and a higher capital stock … market goods induces a lower interest rate, a higher wage, a lower capital stock and a fall in employment. Cutting public …. Employment rises on impact. If the extra revenues of rolling back the welfare state are handed back via a lower tax rate rather …
Persistent link: https://www.econbiz.de/10005791753
This paper uses household surveys from 13 developing countries to describe consumption choices, health and education … investments, employment patterns and other features of the of the economic lives of the “middle classes” defined as those whose … daily consumption per capita is between $2 and $4 or between $6 and $10. The data shed lights on differences and …
Persistent link: https://www.econbiz.de/10005791405
This paper develops a new analysis of the U. S. economy in the 1920s that is illuminated by contrasts with the 1990s, and it also re examines the causes of the Great Depression. In both the 1920s and the 1990s the acceleration of productivity growth linked to the delayed effects of previously...
Persistent link: https://www.econbiz.de/10005792478
and consumption go down as well. Governments can offset terror by putting tax revenues into the production of security …, at the level of the death toll by about the same size as due to car accidents, is expected to decrease annual consumption …
Persistent link: https://www.econbiz.de/10005504271
Consumption and Investment are significantly and negatively affected by all terror indicators, and the largest impact is …
Persistent link: https://www.econbiz.de/10008680754
Identifying the impacts of liquidity shocks on spending decisions is difficult methodologically but important for theory, practice, and policy. Using seven different methods on microenterprise loan applicants, we find striking results. Borrowers report uses of loan proceeds strategically, and...
Persistent link: https://www.econbiz.de/10011083720
This paper provides evidence for a causal effect of equity prices on corporate investment and employment. We use fire … whose stocks are most underpriced have considerably lower investment and employment than industry peers not subject to any …
Persistent link: https://www.econbiz.de/10011084351
Business support policies designed to raise productivity and employment are common worldwide, but rigorous micro … program to support manufacturing jobs ('Regional Selective Assistance'). Area eligibility is governed by pan-European state … positive program treatment effect on employment, investment and net entry but not on TFP. OLS underestimates program effects …
Persistent link: https://www.econbiz.de/10011084352