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We propose a model that starts from the premise that intangible capital needs to be stored on some medium --- software, patents, essential employees --- before it can be utilized in production. Storage implies that intangible capital may be partially non-rival within the firm, leading to scale...
Persistent link: https://www.econbiz.de/10013362030
This paper illustrates how the statistical architecture of Canada's System of National Accounts can be utilized to study the size and composition of a specific economic sector. For illustrative purposes, the analysis focuses on the information and communications technology (ICT) sector, and...
Persistent link: https://www.econbiz.de/10014207816
Seit fünf Jahren werden Griechenland, Irland, Portugal, Spanien und Zypern durch Hilfsprogramme des Euro …
Persistent link: https://www.econbiz.de/10010533324
This paper analyzes the prologue to the Greek tragedy-in particular, the long period of slow growth after Greece joined … institutional environment, which currently makes it difficult to do business in Greece and thus leads to too little investment … export basis. All of these measures entail comprehensive changes to Greece’s economy and Greek society, and the majority of …
Persistent link: https://www.econbiz.de/10011498112
rapid GDP growth in the face of the dismal competitiveness of the Greek economy during 1995-2008. We show how Greece … 2011-2015 period that is commonly accepted that Greece will return to global financial markets to finance its debt. We find …
Persistent link: https://www.econbiz.de/10013107783
turn looks for engines of sustained growth. We use a micro-founded macroeconomic model calibrated to Greece. Our … Greece had simply remained at its pre-crisis level. On the other hand, we show that, in the absence of the official fiscal …
Persistent link: https://www.econbiz.de/10012837680
The unprecedented tax hikes implemented in Greece in 2010 generated a much lower than expected increase in tax revenues … calibrate the model to firm-level balance sheet data for Greece and quantify the response of tax evasion to the 2010 fiscal …
Persistent link: https://www.econbiz.de/10013024576
turn looks for engines of sustained growth. We use a micro-founded macroeconomic model calibrated to Greece. Our … Greece had simply remained at its pre-crisis level. On the other hand, we show that, in the absence of the official fiscal …
Persistent link: https://www.econbiz.de/10012195896
Greece, but on the other hand there's a necessity for a conditional reduction of the Greek public debt by half. What is …
Persistent link: https://www.econbiz.de/10012947676
Greece, but on the other hand there's a necessity for a conditional reduction of the Greek public debt by half. What is …
Persistent link: https://www.econbiz.de/10012947818