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Economic Growth is only a result indicator: the result of how a society combines savings with the available manpower …
Persistent link: https://www.econbiz.de/10015233196
The formation of the European Union (EU) is the one of the biggest political – economic events of the last 50 years. The aim of this study is to develop EU economy functioning system dynamic model. Main research method is system dynamics. General scheme of EU economy system dynamic model is...
Persistent link: https://www.econbiz.de/10015238380
presume relative rigidity in the rate of return of capital and in the net savings rate. We show that such propositions are …, and with the theoretical models of savings optimizing behavior. We argue that Piketty's laws are wrong and that they … contradict the essence of market dynamics. Economic agents optimize and neither the rate of return of capital nor the net savings …
Persistent link: https://www.econbiz.de/10015247734
Savings are a huge boon for the economy. This means both growth today and prospects for growth tomorrow. This is both … an investment resource and a medicine for inflation. However, mistakes made in managing the savings by economic … authorities, may turn everything upside down and then the savings become a cause of inflation and many other economic woes. This …
Persistent link: https://www.econbiz.de/10015248884
Savings are a huge boon for the economy. This means both growth today and prospects for growth tomorrow. This is both … an investment resource and a medicine for inflation. However, mistakes made in managing the savings by economic … authorities, may turn everything upside down and then the savings become a cause of inflation and many other economic woes. This …
Persistent link: https://www.econbiz.de/10015249363
In the conditions of the economic crisis, one of the most urgent aspects is the investment of funds. The choice of the most optimal directions for investing is rather complicated, since there are many alternative options. The purpose of this study is to determine the most profitable directions...
Persistent link: https://www.econbiz.de/10015255280
It is sometimes argued that news reports in the media suffer from biased reporting. Mullainathan and Shleifer (2002) argue that there are two types of media bias. One bias, called ideology, reflects a news outlet's desire to affect reader opinions in a particular direction. The second bias,...
Persistent link: https://www.econbiz.de/10010261079
This short note discusses the role of employer heterogeneity as a driver of growth and earnings inequality across the world. Policy implications are discussed.
Persistent link: https://www.econbiz.de/10015264798
development is not possible without capital formation.From the classical days, savings has been considered as one of the … determinants of growth. To lead the underdeveloped countries to the path of development, rate of savings must be enhanced. For the … individuals and households, savings provide a cushion of security against future contingencies, whereas for the nation, savings …
Persistent link: https://www.econbiz.de/10015271228
Expenditures on healthcare and employment in the healthcare sector have been steadily increasing across OECD countries for many years. This shift of expenditure and employment towards a consistently found to be less productive sector has often been associated with the idea of Baumol’s (1967)...
Persistent link: https://www.econbiz.de/10015213432