Showing 1 - 10 of 3,284
Using several variants of a Marshallian Macroeconomic Model (MMM), see Zellner and Israilevich (2005) and Ngoie and Zellner (2012), this paper investigates how various tax rate reductions may help stimulate the U.S. economy while not adversely affecting aggregate U.S. debt. Variants of our MMM...
Persistent link: https://www.econbiz.de/10011095477
Persistent link: https://www.econbiz.de/10011373310
Using a disaggregated Marshallian Macroeconomic Model (MMM-DA), this paper investigates how the adoption of a set of 'free market reforms' may affect the economic growth rate of South Africa. Accounting for possible side effects mainly on the budget deficit, our findings suggest that the...
Persistent link: https://www.econbiz.de/10008587811
Using a disaggregated Marshallian Macroeconomic Model (MMM-DA), this paper investigates how the adoption of a set of 'free market reforms' may affect the economic growth rate of South Africa. Accounting for possible side effects mainly on the budget deficit, our findings suggest that the...
Persistent link: https://www.econbiz.de/10008643863
This paper analyzes the production process of scientific outputs and its implications on the U.S. economy using variants of a disaggregated Marshallian Macroeconomic Model (MMM). Federal spending on scientific activities produces innovation which we measure using the number of patents awarded....
Persistent link: https://www.econbiz.de/10009650650
estimations require (i) the disaggregation of GDP, (ii) the use of a multilayer mixed-frequency framework, and (iii) the inclusion … of financial information on a daily frequency. The simulation study provides evidence in favor of the disaggregation into …
Persistent link: https://www.econbiz.de/10014506547
Persistent link: https://www.econbiz.de/10011661339
The paper investigates by means of cointegration analysis whether the recently observed low levels of private saving and the current account balance in the United States are worrisome in the sense that they cannot be sufficiently explained by determinants which performed well in the past. Stock...
Persistent link: https://www.econbiz.de/10010260556
In diesem Papier wird an Hand eines Vektorfehlerkorrekturmodells (VECM) für den französischen Arbeitsmarkt untersucht, wie sich die dort Anfang 2000 eingeführte Verkürzung der Regelarbeitszeit in Verbindung mit Subventionen der Sozialversicherungsbeiträge ausgewirkt hat. Theoretisch sind...
Persistent link: https://www.econbiz.de/10010260695
Die Häufigkeit von Naturkatastrophen hat in den letzten Jahrzehnten deutlich zugenommen. Vor diesem Hintergrund gewinnt die Frage an Bedeutung, welche ökonomischen Konsequenzen mit dem Auftreten von Naturkatastrophen verbunden sind. In der Literatur werden sowohl Argumente für positive als...
Persistent link: https://www.econbiz.de/10010263465