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On the ICT Economy in the European Countries: Investigating the Contribution of the ICT Sectors Using the Input-Output Model

Rohman, Ibrahim Kholilul; Bohlin, Erik - 2010

Investigating the Contribution of the ICT Sectors Using the Input-Output Model Previous studies have been devoted to investigating the future of economic growth and examining the importance of technology and the ICT sectors in accelerating the growth of the economy. These studies are from a...

Persistent link: https://www.econbiz.de/10010304248

Investing in lagging regions is efficient: a local multipliers analysis of U.S. cities

van Dijk, Jasper - 2015

same city with a simple model. The model predicts a significant positive local employment multiplier that increases in size … city with 3.7% unemployment the average local employment multiplier is 0.91 for current inhabitants and 0.60 for migrants …. And in a city with 8.4% unemployment the average local employment multiplier is 1.82 for current inhabitants and 0.23 for …

Persistent link: https://www.econbiz.de/10011400415

Local manufacturing multiplier and human capital in Italian local labor markets

Auricchio, Marta - 2015

the jobs multiplier effect in the high-tech sector is significantly different/higher than for almost any other sector … and significant local employment multiplier of 2.2 additional jobs. These results bear important implications for the …

Persistent link: https://www.econbiz.de/10011400627

Wealth Taxation of Real Estate During the Greek Crisis: The Perils of Ignoring Market Signals

Christelis, Dimitris - In: Vierteljahrshefte zur Wirtschaftsforschung 84 (2015) 3, pp. 61-83

During the Greek crisis the wealth tax on real estate (WTRE) was increased four-fold as a percentage of GDP in order to boost fiscal revenues. This increase contributed to an essentially complete freeze of the real estate market, a considerable drop in real estate prices, and a substantial...

Persistent link: https://www.econbiz.de/10011599317

Vermögensteuer auf Immobilien: Gefahr der Vernachlässigung von Marktsignalen

Christelis, Dimitris - In: Vierteljahrshefte zur Wirtschaftsforschung 84 (2015) 4, pp. 81-103

In der griechischen Krise wurde die Vermögensteuer auf Immobilien (VSI) relativ zum Bruttoinlandsprodukt (BIP) um das Vierfache erhöht, um die Haushaltseinnahmen zu steigern. Dieser Anstieg trug zu einem fast vollständigen Einfrieren des Immobilienmarktes, zu einem Verfall der...

Persistent link: https://www.econbiz.de/10011629229

Fiscal multipliers in advanced and developing countries: Evidence from military spending

Sheremirov, Viacheslav; Spirovska, Sandra - 2019

Using novel data on military spending for 129 countries in the period 1988-2013, this paper provides new evidence on the effects of government spending on output in advanced and developing countries. Identifying government-spending shocks with an exogenous variation in military spending, we...

Persistent link: https://www.econbiz.de/10012059606

Income distribution and the multiplier: An exploration of nonlinear distribution effects in linear Kaleckian distribution and growth models

Prante, Franz J. - 2019

In this paper, I show that the income-autonomous demand multiplier of Keynesian-Kaleckian models is endogenous to … certain conditions, an important consequence from the distribution-sensitive multiplier is that a higher wage share can have …-Kaleckian macroeconomic models. After a theoretical discussion on the implications of the distribution-sensitive multiplier in basic closed …

Persistent link: https://www.econbiz.de/10012061718

On the Dynamics of Profit- and Wage-led Growth

Bhaduri, Amit - 2007

differential equations yields novel implications for the multiplier process. In this more general framework a number of separate …

Persistent link: https://www.econbiz.de/10012099871

Discretionary fiscal policy: The case of Switzerland

Frick, Andres; Graff, Michael; Hartwig, Jochen; … - 2010

Towards the end of 2009, the world economy was recovering from its deepest recession since the end of World War II. Most countries around the world took resort to fiscal policy in order to foster this recovery. In this paper, we first discuss the pros and cons of discretionary fiscal policy from...

Persistent link: https://www.econbiz.de/10010277785

Temporary VAT reduction during the lockdown

Clemens, Marius; Röger, Werner - 2022

restriction reduces the effectiveness of a temporary VAT reduction, we find a short-term multiplier of 1.8. However, the … cumulative multiplier reduces to below 1 over the medium term due to a shift in durable goods consumption toward 2020. Thus, the …

Persistent link: https://www.econbiz.de/10013198546