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variables of fiscal balance, savings and investment. Section II considers some of the major exogenous shocks experienced in the … trading nations; the need to raise India's aggregate investment, savings and exports through an array of economic policy …
Persistent link: https://www.econbiz.de/10015403470
This paper aims to capture the favored both national and individual saving and investment perceptions of the Turkish … over their home country's saving-investment decisions. We reason, it is important to evaluate views of the youth on … while investment made for the social security system is placed on the last rank. In addition, education is the most …
Persistent link: https://www.econbiz.de/10012817852
Political distortions can aggravate macroeconomic volatility. The aim of this paper is to analyze a fiscal policy institution capable of reducing the influence of such distortions on fiscal policy outcomes. We introduce the distinction between mandatory and discretionary public spending in the...
Persistent link: https://www.econbiz.de/10012964774
This chapter surveys the recent literature on the theory of macroeconomic policy. We study the effect of various …
Persistent link: https://www.econbiz.de/10014024218
This paper surveys the recent literature on the theory of macroeconomic policy. We study the effect of various …
Persistent link: https://www.econbiz.de/10014070302
Recently, national newspapers all over the world have suggested that we should reread John Maynard Keynes, and that Hyman P. Minsky provides a valuable framework for understanding the world in which we live. While rereading Keynes and discovering Minsky are noble goals, one should also remember...
Persistent link: https://www.econbiz.de/10003773518
This paper presents the family of the Keynes+Schumpeter (K+S, cf. Dosi et al, 2010, 2013, 2014) evolutionary agent-based models, which study the effects of a rich ensemble of innovation, industrial dynamics and macroeconomic policies on the long-term growth and short-run fluctuations of the...
Persistent link: https://www.econbiz.de/10010430728
Persistent link: https://www.econbiz.de/10001498168
Persistent link: https://www.econbiz.de/10001246748
For economists and political scientists - as much as for tourists seeking adventure - China is intriguing. It is huge and enormously populous. It has a multi-layered ancient culture and history. It has become fully engaged with the global economy in recent years, and the blistering growth of its...
Persistent link: https://www.econbiz.de/10014207055