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The government’s main objective in developing better regulation and policy is to reduce the regulatory burden on small businesses, particularly those which act as a barrier to start-up and growth, and improve the ability of small businesses to sell to the public sector.The purpose of this...
Persistent link: https://www.econbiz.de/10005866584
We study the effect of fair institutions on growth. In our model, individuals are endowed with unequal entitlements to theeconomy’s output. They can free-ride or cooperate. Cooperation is individually costly, but increases aggregate output and growth.Experimentally, we observe significantly...
Persistent link: https://www.econbiz.de/10005866839
adjustment dynamics in linewith the historical facts on savings and economic growth in Europe from the HighMiddle Ages to today …. Along a virtuous cycle of development more wealth leads tomore patience, which leads to more savings and even higher wealth …. Savings ratesand income growth rates are thus jointly increasing during the process of develop-ment until they converge …
Persistent link: https://www.econbiz.de/10005867305
financial structure. Adjustment of corporate finance adds tothe ordinary savings channel of fiscal and monetary policy.[...] …
Persistent link: https://www.econbiz.de/10005867406
Does it make us unhappier when we compare our consumptionwith that of the Joneses or our own past achievements? This paper tries ananswer by bringing together two disparate literatures: the macro (growth)theory on habit formation and the applied literature related to the Easterlinparadox. Using...
Persistent link: https://www.econbiz.de/10005867430
Der Artikel behandelt den Zusammenhang zwischen politökonomischenEntwicklungen, Staatsfinanzen und öffentlichen Leistungen. In Bezug auf öffentlicheDienstleistungen werden insbesondere Veränderungen der lokalen governancediskutiert. Dabei wird der generelle Zusammenhang zwischen...
Persistent link: https://www.econbiz.de/10005867494
This paper discusses a two-sector neoclassical overlapping generationseconomy with intermediate and final goods in the spirit of Romer(1990). The risk averse agents engage in one of two alternative occupations:either firm-ownership in the intermediate goods sector, characterizedby monopolistic...
Persistent link: https://www.econbiz.de/10005867614
The paper contributes to the literature on the relation between structural changes indemand and supply and growth. We develop a macro{economic model with agent{basedmicro{foundations that articulates the links between production and organisational structureson the supply side, and the endogenous...
Persistent link: https://www.econbiz.de/10005867789
Ökonomen haben ein recht einfaches Weltbild. Das gilt insbesondere auchwenn sie sich mit Bildungsfragen beschäftigen. Ökonomen verstehen Bildung nämlich als Ausbildung, das heisst als Investition. Wie jede andere Investition verursacht ja auch die Bildung Kosten...
Persistent link: https://www.econbiz.de/10005867853
... Ziel dieser Arbeit ist es, mögliche Treiber der direkten Demokratie zuskizzieren und zu untersuchen, welche Faktoren die Einführung und Entwicklung derschweizerischen Volksrechte beeinflusst haben. Diese Analyse wird aus eineminstitutionenökonomischen Blickwinkel heraus durchgeführt und...
Persistent link: https://www.econbiz.de/10005868193