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The Road to Development is Paved With Good Institutions: The Political and Economic Implications of Financial Markets
Brown, Chelsea Denise - 2008
This research seeks to identify the factors that account for the variation in development levels across nations by focusing on the institutional components of development, especially the effects of financial market development on economic and political development. I argue that financial market...
Persistent link: https://www.econbiz.de/10009475007
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Some Fiscal and Monetary aspects of Consumption Theory
Tabaghua, Sulkhan; Ostapenko, Nikoloz - 2018
Consumption theory and analysis of consumption function are the keys in macroeconomics. It is important for the analysis of the function of savings and hence for the investment resources, long-term economic equilibrium and short-term economic fluctuations, for the analysis of conditions and...
Persistent link: https://www.econbiz.de/10011899322
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El peso del sector público en la economía: resumen de la literatura y aplicación al caso español
Sanz, Carlos
Este artículo lleva a cabo una revisión de la literatura académica que estudia los determinantes del tamaño del sector público. En primer lugar, se analizan los modelos clásicos basados en el teorema del votante mediano, en el que las decisiones públicas vienen determinadas por las...
Persistent link: https://www.econbiz.de/10013267760
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Fiskalinė politika ekonominio nuosmukio metu: Baltijos regiono postkomunistinių valstybių atvejis
Galminaitė, Regina - 2010
the restrictions of use. It is used personal income, profits and value added taxes for investigation income. These fees … are used because of their influence in the taxes which impacts households and firms. It also leads to household disposable … incomes reflecting taxes for consumption.The work consists of three parts. The first presents a theoretical justification of …
Persistent link: https://www.econbiz.de/10009478693
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The Flat Tax: An Examination of the Baltic States
Greenberg, Deena - 2009
The idea of a flat tax, a tax levied at a single rate, has become an increasingly discussed and implemented fiscal strategy across Europe and the rest of the world. Estonia, Latvia, and Lithuania adopted flat tax systems in 1994 and 1995, making them the first modern countries to adopt flat...
Persistent link: https://www.econbiz.de/10009438702
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Productive government spending, growth, and sequential voting
Kaas, Leo - 2003
This paper considers an endogenous growth model with productive government spending in which overlapping generations of agents vote sequentially on policy. With sequential majority voting, there is a multiplicity of politico-economic equilibria originating from self-fulfilling policy...
Persistent link: https://www.econbiz.de/10009471682
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A TALE OF TWO ECONOMIC DEVELOPMENTS: TUNISIA AND MOROCCO
Friedman, Steven J - 2010
Morocco and Tunisia have both achieved robust economic growth over the last 30 years by utilizing prudent economic planning and implementation. The World Bank heralds both countries as prime examples of how market-friendly capitalist systems can be implemented over a short period of time with...
Persistent link: https://www.econbiz.de/10009439124
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Empirical Essays in Comparative Institutional Economics
Mukashev, Yerzhan Bulatovich - 2007
Essay 1 investigates an empirical link between institutional variables and the performance of firms based on cross-country firm-level survey data. Current empirical evidence based on this type of data is unsatisfactory because employing survey responses as direct measures of institutional...
Persistent link: https://www.econbiz.de/10009450637
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Recent Macroeconomic Dynamics and Agriculture in Historical Perspective
Orden, David - 2010
This article explores the similarities, differences, and implications from the 1970s–1980s experience for the macroeconomic dynamic that may arise from the 2008 price spike and subsequent recession. Role of monetary policy (deviations from Taylor rule) is assessed. This is an argument that has...
Persistent link: https://www.econbiz.de/10009442692
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FOREIGN EXCHANGE RATE POLICY IMPLICATIONS ON COMPETITIVENESS IN AGRICULTURE
Farkas-Fekete, Maria; Sagi, Judit - 2005
By this study we follow the discussion initiated by prof. Magda in his article “Exchange rate policy and the agriculture”, also reflecting to Lakner-Podrudzsik “Does the depreciation of the forint mean a medicine or a placebo?” We argue that the real effective exchange rate – in case...
Persistent link: https://www.econbiz.de/10009446466