Purpose – To explain a fiscal rule that functions in a different way from a constitutional ideal of a welfare state, as Japan's case, and to give a literary examination of that kind of thoughts in modern economics and theory of public finance. Design/methodology/approach – Compares...

Purpose – To explain a fiscal rule that functions in a different way from a constitutional ideal of a welfare state, as Japan's case, and to give a literary examination of that kind of thoughts in modern economics and theory of public finance. Design/methodology/approach – Compares...

Purpose – The purpose of this paper is to calculate the net gains or losses for the ASEAN Members 1998-2007 in the East Asian market. Design/methodology/approach – This paper provides a new extension to the shift-share analysis to attribute the net shift to competing economies with a dynamic...

Purpose – The purpose of this paper is to calculate the net gains or losses for the ASEAN Members 1998‐2007 in the East Asian market. Design/methodology/approach – This paper provides a new extension to the shift‐share analysis to attribute the net shift to competing economies with a...

Purpose – The purpose of this paper is to re-examine the long-run co-movement and causal relationship between GDP and social security expenditures. Design/methodology/approach – The paper uses panel data unit root tests and panel cointegration tests, as well as estimation techniques...

Purpose – The purpose of this paper is to re‐examine the long‐run co‐movement and causal relationship between GDP and social security expenditures. Design/methodology/approach – The paper uses panel data unit root tests and panel cointegration tests, as well as estimation techniques...

Purpose The purpose of this paper is to extend a theoretical framework for analyzing competition and innovation in the presence of horizontal spillovers. Design/methodology/approach A theoretical analysis approach is adopted to drive the paper’s findings. Findings It is shown that when firms...

Purpose – This paper aims to evaluate critically the validity of rival theorisations of the hidden economy that variously read this sphere as a leftover from a previous era, a by-product of a new emergent form of capitalism, a complement to formal employment or an alternative to the formal...

The different types of estimators of rational expectations models are surveyed. A key feature is that the model's solution has to be taken into account when it is estimated. The two ways of doing this, the substitution and errors-in-variables methods, give rise to different estimators. In the...

Purpose – The purpose of this paper is to focus on links between former “Heilbronn Symposia” on social, economic and political changes, and evolutionary concepts of the nineteenth and early twentieth century to solve the “Social Question” (“S. Qu.”) in Germany....