Productivity growth in many advanced economies has decelerated in the last decades. There is increasing evidence that the misallocation of production function has contributed to the weakness in productivity. Factors behind this misallocation could include low interest rates or credit booms. In...

Abstract Productivity growth in many advanced economies has decelerated in the last decades. There is increasing evidence that the misallocation of production function has contributed to the weakness in productivity. Factors behind this misallocation could include low interest rates or credit...

Es ist hinlänglich bekannt, dass der Fremdenverkehr für Griechenland eine unentbehrliche Einkommensquelle ge¬worden ist. Griechenlands Volkseinkommen und der allgemeine Lebensstandard sind in einem starken Maße vom Fremdenverkehr abhängig. Nun kann sich Fremdenverkehr schädlich, nützlich,...