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Macroeconomics is the foremost important theoretical basis for medium- and long-run real and financial investment analysis. In the long run economic growth rules, while in the medium run business cycles determine investment opportunities. In this leaflet we show how a data provider like...
Persistent link: https://www.econbiz.de/10005739869
The paper estimates a household money demand function for Poland from 1969 to 1995. Contrary to theoretical belief and earlier empirical evidence portfolio arguments are found to be significant. Despite regime shifts during the 1980s and full liberalization of the Polish economy in the beginning...
Persistent link: https://www.econbiz.de/10005790577
Is het mogelijk om de overheidsschuld te verminderen, zoals benodigd voor deelname aan de EMU, en tegelijkertijd de verhouding tussen het aantal inactieven en actieven (de i/a-ratio) te verlagen? Het kabinet tracht dit te doen door tekortreductie en het stimuleren van marktwerking en dynamiek....
Persistent link: https://www.econbiz.de/10005790578
In this paper we analyse the impact of profits on investment using data of the Dutch manufacturing sector in a simple Kaleckian investment model. Profits and capacity determine the level of investment. The empirical analysis with this "non-mainstream" model confirms conclusions drawn in the...
Persistent link: https://www.econbiz.de/10005790576