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We outline the case for credit frictions and a demand side aspect to labor market fluctuations. To illustrate the above proposition, we present a simple framework to analyze the joint dependence between a labor search problem in the labor market and a costly state verification problem in the...
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The purpose of this paper is to analyze sustainability issues of Japan%u2019s fiscal policy and then to discuss the … authority of Japan because it has accumulated the debt outstanding much more than other countries …
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authority of Japan because it has accumulated the debt outstanding much more than other countries …The purpose of this paper is to analyze sustainability issues of Japan's fiscal policy and then to discuss the debt …
Persistent link: https://www.econbiz.de/10012466308
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Der Autor ist Honorarprofessor an der Deutschen Universität für Verwaltungswissenschaften in Speyer. Er bringt viel Verwaltungserfahrung als ehemaliger Beigeordneter, Stadtkämmerer und Geschäftsführer des Städtetages in Rheinland-Pfalz mit. In 10 Kapiteln analysiert er die Situation der...
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The importance of liquidity and insolvency for nation states and banks has been highlighted by current economic woes in … full circle. Discussing some modern authors, it is argued that the concepts of liquidity and insolvency are connected …
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