ÄHNLICHE DOKUMENTE
is the projection of total real consumption with a level of government spending that is required to achieve 2 percent inflation target; is the baseline projection of the real
There are only two ways that the production structure could be said to become more capital intensive (Howden 2016b; c). The first is through the production of a greater amount
First, we consider the model economy calibrated to the 1980s and lower the profit- tax rate to the effective corporate tax rate observed in the data for the 2010-13 period..
However, the number of refugees that enter the labor market is limited, because it takes on average about 10 years until refugees have the same employment rate as domestic
According to economic theory, government expenditure, inflation and real gross domestic product have a negative relationship with unemployment rate.. Population has
If, shortly after t=0, the rate of exploitation rises to 1 and stays at this level until just before t=1, and if all surplus is accumulated and the labour force remains constant,
The model presented indicates that the RTP of government is determined by the expected RTPs of the median voter and the representative household, as well as the strength of
Within the context of Post-Keynesian growth theory, the hypothesis that long-run growth is endogenous to demand is also at the basis of the approach advanced by León-Ledesma and