uncertainty, a stochastic dynamic growth model with the public sector is examined. It is shown that deterministic excessive red … tape and corruption deteriorate the growth potential through income redistribution and public sector inefficiencies. Most … accumulation, thus leading to lower growth rates. …

boom as well. The effects of endogenous growth, adjustment costs for investment and non-Walrasian labour markets on these …

households have heterogeneous preferences, there is a balanced growth path on which all the optimality conditions of all …

In a simplified model GDP growth depends on the demand effect of private investment growth and on the growth of the … budget deficit (D), their sum being termed NPCE (Non-Private-Consumption-Expenditures). Hence GDP growth depends, in the … generalized case, on the demand effect of NPCE growth and on changes in the private savings ratio. In the present paper the term …

This paper examines the causality relationship between immigration, unemployment and economic growth of the host …, immigration does not cause unemployment. We also find that, in France, Iceland, Norway and United Kingdom, growth positively … causes immigration, while in any country, immigration does not cause growth. …

This paper examines the causality relationship between immigration, unemployment and economic growth of the host … (France, Iceland, Norway and the United Kingdom), growth positively causes immigration, whereas in any country, immigration … does not cause growth. …

This paper examines the causality relationship between immigration, Unemployment and economic growth of the host … countries (France, Iceland, Norway and United Kingdom), growth positively causes immigration, while in any country, immigration … does not cause growth. …