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Given that young children are under the control of their parents, if the government has a interest in either the welfare or the productivity of the former, it has no option but to act through the latter,. Parents are, in the ordynary sense....
Persistent link: https://www.econbiz.de/10004998492
It is a highly disputed question in the literature how state subsidy influences the behavior of the entrepreneurs and accordingly the growth prospects of the economy. Most authors agree that state intervention in financing deteriorates the incentives of the entrepreneur, but there is no...
Persistent link: https://www.econbiz.de/10010494606
In this paper we investigate the relationship between sustainability and economic growth starting from Stern (2006) which is the first comprehensive analysis of the global warming from economic point of view. We also discuss the critical debate of this study which was focused mainly on the...
Persistent link: https://www.econbiz.de/10010494609
The Hungarian Personal Income Tax system is being transformed between 209 and 2013. Tax brackets and the previously … existing tax credit is being abolished and this changes the net/gross income ratios in all income categories. This does not … only lead to a significant loss in government's income, but also changes redistribution within the society. However …
Persistent link: https://www.econbiz.de/10009301400
It is a highly disputed question in the literature how state subsidy influences the behavior of the entrepreneurs and accordingly the growth prospects of the economy. Most authors agree that state intervention in financing deteriorates the incentives of the entrepreneur, but there is no...
Persistent link: https://www.econbiz.de/10010429128
In this paper we investigate the relationship between sustainability and economic growth starting from Stern (2006) which is the first comprehensive analysis of the global warming from economic point of view. We also discuss the critical debate of this study which was focused mainly on the...
Persistent link: https://www.econbiz.de/10010462537
Enabling educated individuals to work abroad entails a brain drain and results in educated unemployment at home. Because the prospect of migration raises the expected returns to higher education it also facilitates a "brain gain": a eveloping economy ends up with a higher fraction of educated...
Persistent link: https://www.econbiz.de/10005577160
translation of innovation into economic growth. It is suggested that generating a development strategy designed to improve social … development …
Persistent link: https://www.econbiz.de/10009370176
state level of income per capita. The impact of uncertainty and transaction costs on income per capita is formalized in a … growth, which is in line with the idea that economic development is driven by political development. Furthermore, only when … there are high political constraints is polity persistence positively related to income per capita. We interpret these …
Persistent link: https://www.econbiz.de/10005668472
Persistent link: https://www.econbiz.de/10000000650