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Spanish Abstract: Este documento de la División de Análisis Macroeconómico realiza un análisis del desempeño de la economía en 2020 después de las medidas de confinamiento implementadas desde marzo de 2020 hasta agosto para evitar una propagación masiva de la pandemia COVID-19 y la...
Persistent link: https://www.econbiz.de/10013242819
Even if Keynes makes an error with its investment multiplier, he has à good intuition investment is the key lever. The main mistake in order to manage economy is due to Friedman who stars with the right result to obtain : maximize Wealth, but he confuses wealth created with a permanent income...
Persistent link: https://www.econbiz.de/10013211155
Spanish Abstract: Este documento de la División de Análisis Macroeconómico continúa analizando la respuesta de la economía colombiana a las condiciones de convivencia con la pandemia COVID-19 y a los choques presentados en el frente social con el Paro Nacional durante el segundo trimestre...
Persistent link: https://www.econbiz.de/10013212654
The notion of Wealth is not well defined. It has been the subject of famous treaties, such as those of Anne-Marie Turgot, Auguste Léon Walras and then Adam Smith, but it has not been defined. It is very simple to check. Who's the richest? A person with a patrimony of 300 000 dollars and...
Persistent link: https://www.econbiz.de/10014264031
Gdp even net of obsolescence (ndp) has to be considered only as an expense (investment is an expense; consumption, export minus import, and change of stock, all these indicators are today expenses). As entrepreneur you will never manage your investments by looking only the expenses, it is clear...
Persistent link: https://www.econbiz.de/10013295583
The two Cambridge controversy have marked a milestone in economic thinking. By their demonstration neo-Ricardian and post-Keynesian seemed to have proven the impossibility of defining the notion of Capital and, moreover, of being able to aggregate heterogeneous Capital. It is not so.By reasoning...
Persistent link: https://www.econbiz.de/10013295977
The role of wealth in the economy is the focus of much policy debate. This study examines wealthy individuals as “angel” investors, who fund startup businesses. Angel investors provide a unique source of support for America’s entrepreneurs, particularly in leading‐​edge industries
Persistent link: https://www.econbiz.de/10013314382
For the past few years there has been a call to raise the Federal Minimum Wage to $15.00 per hour. The purpose of this article is to remind the reader that a wage earner receives the higher of the Federal, State, City, and in many cases the private sector company’s minimum wage. But more...
Persistent link: https://www.econbiz.de/10013235831
Spanish Abstract: Este documento de la División de Análisis Macroeconómico realiza un análisis del proceso de recuperación económica en Colombia después de las medidas de confinamiento implementadas desde marzo hasta agosto del 2020 para evitar una propagación masiva de la pandemia...
Persistent link: https://www.econbiz.de/10013250647
Tourism has evolved into a global phenomenon – one of the most important economic sectors and social activities of our …. They can also be years of leadership: tourism leading economic growth, investment processes, social progress and … environmental sustainability.To make this possible we need to make tourism a priority in national policy decisions, foster …
Persistent link: https://www.econbiz.de/10010674421