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-capita income and inflation has been analyzed. It is found that the first policy instrument, i.e. decrease in budget deficit has … affected employment, income distribution and inflation adversely. The second policy instrument of imposition of indirect tax … negatively affected the employment, income distribution, per capita income and positively affected the inflation. The third …
Persistent link: https://www.econbiz.de/10009372518
This paper studies the redistributive and revenue effects of bracket creep in Germany under various inflation scenarios … effect of the tax system with respect to the inflation rate, which contrasts Immervoll (2005) who finds that the fiscal drag … simulation environment, this rate can reach above 75% with four years’ inaction on 4% annual inflation. When this rich tax can be …
Persistent link: https://www.econbiz.de/10011113515
, price inflation, labor force participation, productivity, and unemployment. The evolution of real GDP depends only on …
Persistent link: https://www.econbiz.de/10005260315
This study attempts to analyze the causal relationship between inflation and productivity of labor and capital, in …, which are endogenous in case of Pakistan. We considered the relationship of inflation with two measures of productivity … concludes that there is a unidirectional causality from inflation to labor productivity through capital labor ratio. And also …
Persistent link: https://www.econbiz.de/10004976972
present paper is to discuss inflation in the framework of Monetary and external Oil Price Shocks, Crop Productivity … spikes up in oil prices as well as crop productivity shocks in the world economy including Pakistan. The object of the … Propositions, Inflation Inertia, and real GDP growth. The empirical studies broadly uphold the monetary explanation of inflation in …
Persistent link: https://www.econbiz.de/10005000008
The welfare state was created after 1950 with counterproductive mechanisms and this caused high inflation and high …
Persistent link: https://www.econbiz.de/10011108214
GDP = K_Index Inflation indexed Version: (1 – GINI – Inflation) x GDP = K_Index_Infl. Productivity Index: K_Index / Labor … Force = K_PROD Inflation indexed Productivity Index: K_Index_Infl. / Labor Force = K_PROD_Infl. Debt-to-K_Index: National …
Persistent link: https://www.econbiz.de/10011258559
When estimating regional inequality, many economists use inequality indices weighted by the regions' shares in the national population. Although this approach is widespread, its adequacy has not received attention in the regional science literature. This paper proves that such approach is...
Persistent link: https://www.econbiz.de/10012943787
This paper examines the determinants of economic growth, income inequality, and their relationship in the context of education inequality. The econometrics indicate that a higher level of human capital and the relative dispersion of human capital have a disequalizing relationship with income...
Persistent link: https://www.econbiz.de/10013143699
Inflation) x GDP = K_Index_Infl. Productivity Index: K_Index / Labor Force = K_PROD Inflation indexed Productivity Index: K … relativized GDP: GDP – GDP x GINI = K_Index Written differently: (1 – GINI) x GDP = K_Index Inflation indexed Version: (1 – GINI …
Persistent link: https://www.econbiz.de/10011259539