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The concept of the employment threshold plays an important role in the public discussion of unemployment. The employment threshol d is defined as that growth rate of output which is necessary to keep employment constant despite the continuous rise in labour productivity. It is related to the...
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We examine whether government ideology was correlated with the growth in military expenditure in Germany over the …
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economic growth. The model is estimated using quarterly data for Germany, the UK and the US from 1960 to 1999. Our econometric …
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West Germany. Our basic goal is to shed light on what makes German regions grow. The paper finds that the relative income …, here West Germany, shows that the model might help to explain regional growth patterns. …
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explaining the interaction between private agents and fiscal authorities in the U.S., West Germany, Japan and the U.K. over the … is necessary to formally test the models' theoretical restrictions. In West Germany and Japan there is evidence that the …
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-cyclical discretionary fiscal policy in the region. Our detailed elasticity estimates can give some orientation on how to reach necessary … adequate internal tax system. -- tax policy ; developing countries ; regime-dependent elasticity …
Persistent link: https://www.econbiz.de/10009009230
or in the knowledge sector, which designs new varieties. It is shown that if the elasticity of labor supply to the … knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with … increases, the price elasticity of demand falls, and markups increase to infinity as consumption reaches the unit elasticity …
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