Showing 1 - 6 of 6
It is well known that the size of the informal (black or grey) economy causes serious fiscal problems for Hungary. This study makes an attempt to quantify the budgetary and macroeconomic effects of different ways of widening the formal sector (whitening”) with the help of a model. It turns out...
Persistent link: https://www.econbiz.de/10010494381
We revisit the debt overhang question. We first use non-parametric techniques to isolate a panel of countries on the downward sloping section of a debt Laffer curve. In particular, overhang countries are ones where a threshold level of debt is reached in sample, beyond which (initial) debt ends...
Persistent link: https://www.econbiz.de/10005707944
It is well known that the size of the informal (black or grey) economy causes serious fiscal problems for Hungary. This study makes an attempt to quantify the budgetary and macroeconomic effects of different ways of widening the formal sector (whiteningʺ) with the help of a model. It turns out...
Persistent link: https://www.econbiz.de/10003755325
Hungarian Abstract: A szakirodalom nagy része által elfogadott tény, hogy a globalizáció hatással van a jóléti államra. A kormányok kettős szorítással szembesülnek, megnőttek ugyanis a kiadások iránti igények, ugyanakkor a bevételi források lecsökkentek. A globalizáció...
Persistent link: https://www.econbiz.de/10013032111
analysis is not able to establish causality between expenditures and satisfaction, at the end of the paper we suggest a minor … subsample of the Hungarian Household Budget Survey (HBS). We estimate the association of expenditures with life satisfaction …. In addition, we show that marginal effect of material expenditures is diminishing, whereas marginal effect of …
Persistent link: https://www.econbiz.de/10010494584
analysis is not able to establish causality between expenditures and satisfaction, at the end of the paper we suggest a minor … subsample of the Hungarian Household Budget Survey (HBS). We estimate the association of expenditures with life satisfaction …. In addition, we show that marginal effect of material expenditures is diminishing, whereas marginal effect of …
Persistent link: https://www.econbiz.de/10010354625