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In the present paper it will be pointed out that government debt is an obstacle to economic growth, thus supporting further the view of (Georgiou, 2009a). Data are kindly offered by (Paolo Mauro et al., 2013) and cover 55 countries for the period (1950-2011). It is worth noting that these...
Persistent link: https://www.econbiz.de/10013088648
Present paper is an extension of Georgiou (2009) and the conclusion is indirectly explained by the view of (Wachtel and Rousseau, 2007), who claim that after 1995 credit to private sector as a percentage of GDP causes a decline in economic growth. Hence, in the present paper two things will be...
Persistent link: https://www.econbiz.de/10013089099
In the present paper an empirical analysis will point out that ageing causes a decline on economic growth as claimed by Martins et al., (2005). The sample covers all western world and the United States. Data are taken from Eurostat and OECD. The elaboration of these panel data is made feasible...
Persistent link: https://www.econbiz.de/10013089720
In the present paper it is supported empirically the view of (Sierminska and Takhtamanova, 2010) that "…there is indeed a "mancession," as men face higher job separation probabilities, lower job finding probabilities and, as a result, higher unemployment rates than women". The present...
Persistent link: https://www.econbiz.de/10013068327
In the present paper an empirical analysis will point out that shadow economy tends to push up house prices, distorting real estate market. The sample covers EU, Japan and The United States. Data are taken from OECD and (Schneider et al., 2010); (Schneider, 2013). The elaboration of these panel...
Persistent link: https://www.econbiz.de/10013071478
It seems to be a trade-off between shadow economy restriction and macroeconomic repercussions. This view is expressed by (Era Dabla-Norris and Andrew Feltenstein, 2003) and is in agreement with the author of the present paper although approached in a different way. Author believes that present...
Persistent link: https://www.econbiz.de/10013071570
In the present paper it will be shown empirically that more severe regulations (public sector taxation and product market regulations) tend to restrict shadow economy. The sample covers EU, USA and Japan. Data are taken from OECD and (Schneider et al., 2010); (Schneider, 2013). The elaboration...
Persistent link: https://www.econbiz.de/10013072149
In the present paper an empirical analysis will point out that although Property Tax does not worsen income distribution, on the contrary, it increases poverty risk. The sample covers EU. The elaboration of these panel data is made feasible by means of the Eviews software package
Persistent link: https://www.econbiz.de/10013072444
In the present paper author will attempt to show empirically that property taxation causes depression even in the long run. Hence, the view of OECD (2009) that property taxation will persuade investors to avoid to invest in safe assets (houses) and to invest instead in more productive assets in...
Persistent link: https://www.econbiz.de/10013072554
In the present paper an empirical analysis will point out that Property Tax does not worsen income distribution. The sample covers EU. The elaboration of these panel data is made feasible by means of the Eviews software package
Persistent link: https://www.econbiz.de/10013072567