Foreign Direct Investment, Human Capital and Economic Growth in
... Findlay (1978) found that FDI increases technical progress in the host country in the form of offering advanced technologies, styles of management practices and marketing, accounting approaches and other areas related to corporate development of local firms. Similarly, Romer (1993) stressed that FDI ...
... Findlay (1978) found that FDI increases technical progress in the host country in the form of offering advanced technologies, styles of management practices and marketing, accounting approaches and other areas related to corporate development of local firms. Similarly, Romer (1993) stressed that FDI ...
A literature review of Happiness and Economics and
... a high level that the average person was able to afford many things which had not been invented in 1958. Despite this tremendous increase in material possessions average life satisfaction had decreased slightly. In countries like the United States, the United Kingdom and Belgium comparable findings ...
... a high level that the average person was able to afford many things which had not been invented in 1958. Despite this tremendous increase in material possessions average life satisfaction had decreased slightly. In countries like the United States, the United Kingdom and Belgium comparable findings ...
This PDF is a selection from an out-of-print volume from... of Economic Research
... than consumer spending, have much larger cycles in percentage terms. Aggregate production typically fluctuates more widely than aggregate sales, which implies a procyclical behavior of inventory investment. Business profits show very high conformity and much greater amplitude of cyclical movements t ...
... than consumer spending, have much larger cycles in percentage terms. Aggregate production typically fluctuates more widely than aggregate sales, which implies a procyclical behavior of inventory investment. Business profits show very high conformity and much greater amplitude of cyclical movements t ...
Secular Stagnation or Stagnation Policy? Steindl after Summers
... the mainstream literature on secular stagnation seems to assume that the natural or potential rate of growth is more or less independent of aggregate demand dynamics, thus ignoring potential feedback and endogeneity channels. And third, in the modern discussion on secular stagnation changes in insti ...
... the mainstream literature on secular stagnation seems to assume that the natural or potential rate of growth is more or less independent of aggregate demand dynamics, thus ignoring potential feedback and endogeneity channels. And third, in the modern discussion on secular stagnation changes in insti ...
Economic Growth: the Solow Model Why Study Economic Growth?
... e. On the same graph, plot the marginal product of labor using the values you just calculated. f. What happens to the marginal product of labor when the economy’s stock of capital increases? 2. In Lecture 3, you learned that a firm hires labor up to the point where the wage equals the price times th ...
... e. On the same graph, plot the marginal product of labor using the values you just calculated. f. What happens to the marginal product of labor when the economy’s stock of capital increases? 2. In Lecture 3, you learned that a firm hires labor up to the point where the wage equals the price times th ...
the influence of direct democracy on the shadow economy
... the aim of this paper is to analyze theoretically and empirically, on a cross-country basis, the effects of direct democratic institutions on the size of the shadow economy. In our opinion, the development of the informal sector can also be considered as a consequence of the failure of public instit ...
... the aim of this paper is to analyze theoretically and empirically, on a cross-country basis, the effects of direct democratic institutions on the size of the shadow economy. In our opinion, the development of the informal sector can also be considered as a consequence of the failure of public instit ...
A Decomposition Analysis for Labour Demand
... 15 years or more, and not only for output and primary factors of production but all intermediate inputs as well. In contrast, SDA requires only two IO tables: one for the initial year and the other for the terminal year of the analysis. By using the input-output analyse it is possible to observe the ...
... 15 years or more, and not only for output and primary factors of production but all intermediate inputs as well. In contrast, SDA requires only two IO tables: one for the initial year and the other for the terminal year of the analysis. By using the input-output analyse it is possible to observe the ...
Where Did Economics Go Wrong?
... of socialism. Even the debate with Keynes was not, alone, enough to disturb the Austrians’ vision of their school’s “mainstream” status. In reality this debate revolved around fundamental issues in money and capital theory, but on the surface it was about more superficial questions of public policy. ...
... of socialism. Even the debate with Keynes was not, alone, enough to disturb the Austrians’ vision of their school’s “mainstream” status. In reality this debate revolved around fundamental issues in money and capital theory, but on the surface it was about more superficial questions of public policy. ...
Working paper
... European countries usually place themselves somewhere in the middle between these two extremes. The long history and compactness of their cities has favoured the development of collective transportation, but road transport is anyway predominant. One can find that in the UE-27 there are 23.2 km of ro ...
... European countries usually place themselves somewhere in the middle between these two extremes. The long history and compactness of their cities has favoured the development of collective transportation, but road transport is anyway predominant. One can find that in the UE-27 there are 23.2 km of ro ...
Fiscal calculus in a New Keynesian model with matching
... The contract signed between the worker and the firm specifies the wage and is obtained through a Nash bargaining process. In order to finance consumption at time t each agent also invests in non-state contingent nominal government bonds Bt which pay a gross nominal interest rate (1 + rtn ) one perio ...
... The contract signed between the worker and the firm specifies the wage and is obtained through a Nash bargaining process. In order to finance consumption at time t each agent also invests in non-state contingent nominal government bonds Bt which pay a gross nominal interest rate (1 + rtn ) one perio ...
Income Inequality, Over-indebtedness and Financial Instability
... It’s often seems more intuitively logic that income inequality increasing can be a consequence of financial crises while the reverse causality, i.e income inequality as a cause of financial crises, doesn’t bring unanimity among economists. As Fisher and Minsky’s theories had not been modeled by the ...
... It’s often seems more intuitively logic that income inequality increasing can be a consequence of financial crises while the reverse causality, i.e income inequality as a cause of financial crises, doesn’t bring unanimity among economists. As Fisher and Minsky’s theories had not been modeled by the ...
Economic Growth and Structural Changes in Regional Employment
... Memedovic and Iapadre (2010). Furthermore, Memedovic and Iapadre (2010, pp. 3-5) descends in time until the Physiocrats and the beginning of classical economics. They said: "Since its origin, economic theory has given significant attention to structural change (Quesnay, 1758; Turgot, 1766; and Steua ...
... Memedovic and Iapadre (2010). Furthermore, Memedovic and Iapadre (2010, pp. 3-5) descends in time until the Physiocrats and the beginning of classical economics. They said: "Since its origin, economic theory has given significant attention to structural change (Quesnay, 1758; Turgot, 1766; and Steua ...
Economics 2281 Syllabus 2017 - Cambridge International
... • describe the allocation of resources in market and mixed economic systems; describe the terms primary, secondary and service (tertiary) sector in an economy • demonstrate the principle of equilibrium price and analyse simple market situations with changes in demand and supply • describe the cau ...
... • describe the allocation of resources in market and mixed economic systems; describe the terms primary, secondary and service (tertiary) sector in an economy • demonstrate the principle of equilibrium price and analyse simple market situations with changes in demand and supply • describe the cau ...
pg07 Malley 5018580 en
... can be altered in favour of education spending relative to the other components of total government spending. These welfare gains, calculated using the solution to the second-order approximation of the model, amount to 4percent of consumption and correspond to an education spending share of 8.5%. Th ...
... can be altered in favour of education spending relative to the other components of total government spending. These welfare gains, calculated using the solution to the second-order approximation of the model, amount to 4percent of consumption and correspond to an education spending share of 8.5%. Th ...
Transcript of lecture
... unsustainable. The boom will end in a bust. Only with a marketdetermined rate of interest can cyclical variations be avoided. The sharp difference between the Keynesian and Hayekian frameworks would have been fairly easy for Hayek to exploit in a review of Keynes's General Theory: Keynes's system is ...
... unsustainable. The boom will end in a bust. Only with a marketdetermined rate of interest can cyclical variations be avoided. The sharp difference between the Keynesian and Hayekian frameworks would have been fairly easy for Hayek to exploit in a review of Keynes's General Theory: Keynes's system is ...
Chapter 16
... Malthus’s thesis: Given diminishing returns, persistent and substantial population growth will force and maintain the standard of living close to the subsistence level (less developed ...
... Malthus’s thesis: Given diminishing returns, persistent and substantial population growth will force and maintain the standard of living close to the subsistence level (less developed ...
PDF
... some weighted average between product originating from domestic or foreign sources. After the introduction of country of origin labeling, consumers can make a choice about foreign or domestic products based on differences in the perceived probability of damages. In aggregate such change could not re ...
... some weighted average between product originating from domestic or foreign sources. After the introduction of country of origin labeling, consumers can make a choice about foreign or domestic products based on differences in the perceived probability of damages. In aggregate such change could not re ...
PART 2. RESOURCES AND FACTORS OF DEVELOPMENT
... The undercapitalization of the region compels to look for foreign investment as the main source for long term development and create the best possible environment for foreign companies. Moldova could become a place for strategic investment targeting the regional markets of Bulgaria, Romania, Ukraine ...
... The undercapitalization of the region compels to look for foreign investment as the main source for long term development and create the best possible environment for foreign companies. Moldova could become a place for strategic investment targeting the regional markets of Bulgaria, Romania, Ukraine ...
Determinants of International Capital Flows:The Case of Malaysia:
... be obtained from various issues of the International Financial Statistic (IFS) published by International Monetary Fund (IMF) and the Central Bank of Malaysia’s Monthly Statistical Bulletin. The dependent variable in this study is the capital inflow (CAPF) which obtained by summing up the foreign di ...
... be obtained from various issues of the International Financial Statistic (IFS) published by International Monetary Fund (IMF) and the Central Bank of Malaysia’s Monthly Statistical Bulletin. The dependent variable in this study is the capital inflow (CAPF) which obtained by summing up the foreign di ...
S028580_en.pdf
... In the present paper we try to develop a simple appreciative model exploring some of the above issues. We also try to identify the more crucial policy questions that our story poses to the profession in relation to innovation, technological ‘regimes’ and long term economic growth of peripheral count ...
... In the present paper we try to develop a simple appreciative model exploring some of the above issues. We also try to identify the more crucial policy questions that our story poses to the profession in relation to innovation, technological ‘regimes’ and long term economic growth of peripheral count ...
- Shaping Futures
... mathematical modelling of axiomatised exchange relations over economic and other kinds of history; concentrate on individuals rather than classes or groups as economic agents; emphasise the preferences freely expressed in transactions rather than restrictive social circumstances; and describe self-s ...
... mathematical modelling of axiomatised exchange relations over economic and other kinds of history; concentrate on individuals rather than classes or groups as economic agents; emphasise the preferences freely expressed in transactions rather than restrictive social circumstances; and describe self-s ...
E S conomic Statistics in amoa
... ▪ Statistical law protects confidentiality and independence of statistical information ▪ Semi-centralized statistical system ○ Responsibilities are clearly defined for agencies involved in the production of the Core Set ○ Plans are currently being implemented to improve coordination of production of ...
... ▪ Statistical law protects confidentiality and independence of statistical information ▪ Semi-centralized statistical system ○ Responsibilities are clearly defined for agencies involved in the production of the Core Set ○ Plans are currently being implemented to improve coordination of production of ...
Peacekeeping Economies
... its thousands of staff members and foreign-funded consumption—increases the demand for non-traded goods, we might expect its short-run effects to be similar to those of foreign aid receipts or other external windfalls. For example, we would ordinarily expect an increase in the wages in the construct ...
... its thousands of staff members and foreign-funded consumption—increases the demand for non-traded goods, we might expect its short-run effects to be similar to those of foreign aid receipts or other external windfalls. For example, we would ordinarily expect an increase in the wages in the construct ...
1 - Alexander Mosesov`s
... With respect to this book, microeconomist would look into the demand and supply of economics text-books, structures of their product and factor markets, individual consumption and production decisions, resources in use, production costs and profits. Macroeconomist though would not bother with such d ...
... With respect to this book, microeconomist would look into the demand and supply of economics text-books, structures of their product and factor markets, individual consumption and production decisions, resources in use, production costs and profits. Macroeconomist though would not bother with such d ...
File
... problems of realization problems of realization do not arise. What is not purchased by labour can be purchased by capital thanks to higher profitability and the consumption goods unsold to labour as a consequence of lower wage rates can be sold due to the growing employment concomitant with expanded ...
... problems of realization problems of realization do not arise. What is not purchased by labour can be purchased by capital thanks to higher profitability and the consumption goods unsold to labour as a consequence of lower wage rates can be sold due to the growing employment concomitant with expanded ...