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Blockchain verspricht, Intermediäre wie Banken überflüssig zu machen und durch dezentrale Peer-to-Peer-Netzwerke zu ersetzen. Dieser Beitrag stellt die Frage nach der Realisierbarkeit dieser Ankündigung sowie danach, welche gesellschaftlichen Implikationen damit verbunden sind. Eine...
Persistent link: https://www.econbiz.de/10014503676
A financial transaction tax (FTT) compares to a value-added tax on financial transactions and financial services. This … differs from the financial activity tax (FAT) that is raised on profits of financial companies or on profit …, nor does it have a clear assessment base or a certain tax rate. These are decisions to be made during political discourse …
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People in the Nordic countries of Denmark, Finland, Iceland and Sweden work more than the countries’ high tax rates …
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It is then argued that, whereas Monetarism brought about a revival of the quantity theory of money from the limbo into … which Keynesianism had pushed it, RE-NC modelling was responsible for that theory's most recent disappearance. This happened …
Persistent link: https://www.econbiz.de/10011390725
create a vicious circle of depreciation and rising domestic prices, and about the roles played by the natural unemployment … rate and money growth in influencing economic outcomes are emphasised. Today's standard DSGE approach to modelling …
Persistent link: https://www.econbiz.de/10011390730
We develop a dynamic general equilibrium model to analyze the relationship between monetary policy, money demand, and … unemployment. Our model succeeds in replicating the empirical fact of a downward sloping Phillips curve for low inflation rates and … consumption, more attractive. Less consumption is associated with less output and therefore higher unemployment. To the contrary …
Persistent link: https://www.econbiz.de/10012026513
We argue that long-run inflation has nonlinear and state-dependent effects on unemployment, output, and welfare. Using … anticipated inflation and unemployment. Second, there is also a positive correlation between anticipated inflation and … unemployment volatility. Third, the long-run inflation-unemployment relationship is not only positive, but also stronger when …
Persistent link: https://www.econbiz.de/10012631633