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This study was prepared by Nina Czernich while she was working with the Ifo Institute for Economic Research.It was completed in December 2010 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. The study addresses the question whether the emergence of...
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constant rate which is the higher, the lower are the labour tax rate and the unemployment rate. Both government Ponzi games and …, an increase in the debt-to-capital ratio is accompanied by higher taxes, a rise in unemployment and lower economic growth. …
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– Intangible capital investment in the EU -- Chapter 7: Does too much trust hamper economic growth -- Chapter 8: Social Capital …
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