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-state monetary policy would support counter-cyclical, debt-free vertical money creation through the public sector, in ways that …. A steady-state fiscal policy would prioritize targeted public goods investments, taxation of ecological “bads” and … asset trusts, to regulate throughput, and a public monetary trust, to strictly regulate money supply. …
Persistent link: https://www.econbiz.de/10011030294
Persistent link: https://www.econbiz.de/10005401921
This paper examines the possible causes of the nationwide unfunded public pension liability problem in the U.S., and …’ pension systems, a specific analysis of the Rhode Island public pension system will be conducted. Through this investigation …
Persistent link: https://www.econbiz.de/10009450209
1993 Annual Report essay
Persistent link: https://www.econbiz.de/10005372644
Remarks at the Quarterly Regional Economic Press Briefing, New York City.
Persistent link: https://www.econbiz.de/10010551225
Remarks at the Quarterly Regional Economic Press Briefing, New York City.
Persistent link: https://www.econbiz.de/10010724962
This paper presents a simple general equilibrium model of optimal taxation in which both private agents and the government can default on their debt. As a benchmark we consider Ramsey equilibria in which the government can precommit to its policies at the beginning of time, but in which private...
Persistent link: https://www.econbiz.de/10005498565
Wage shares have fallen substantially in Europe since the early 1980s. To some extent this is due to a macroeconomic policy package that encourages wage flexibility and wage competition. A system of wage coordination in the Euro area would facility a return to a productivity-oriented wage policy...
Persistent link: https://www.econbiz.de/10009467898
ILO pub-WEP pub. Working paper on econometric modelling of labour markets for human resources planning in Central America - describes macroeconomics economic models of Guatemala, Venezuela and Brazil covering employment, the informal sector, labour market segmentation and underemployment;...
Persistent link: https://www.econbiz.de/10010966783
planning in Latin America - based on an economic model, discusses the role of economic policy, public investment and wage …
Persistent link: https://www.econbiz.de/10010966912