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Consumer durables as investments that can help us out of the current economic crisis

Colignatus, Thomas - Volkswirtschaftliche Fakultät, … - 2009

consumer durables are investments too, (4) to highlight how such durables fit into the macro-economic theory of slumps, (5) to …

Persistent link: https://www.econbiz.de/10005836404

Küresel Finans Krizinin Türkiye'ye Etkileri

Kibritçioğlu, Aykut - Volkswirtschaftliche Fakultät, … - 2010

Following the US financial crisis of 2006-2007, the global economy suffered from negative spillover effects of it since fall 2008. In this study, the effects of global financial crsis on Turkish economy (2008-2010) and the macroeconomic performance of the Turkish government (before and) during...

Persistent link: https://www.econbiz.de/10008871316

Labour market prospects and policies to soften the impact of the financial crisis

Carone, Giuseppe; Koopman, Gert Jan; Pichelmann, Karl - Volkswirtschaftliche Fakultät, … - 2009

The global downturn is now strongly affecting EU labour markets. In light of the downward revision to the growth projections and the uncertainty created by the financial meltdown, the outlook for employment has deteriorated considerably. This would also be consistent with the experience from...

Persistent link: https://www.econbiz.de/10008642701

Cause and cure of the crisis

Colignatus, Thomas - Volkswirtschaftliche Fakultät, … - 2014

The welfare state was created after 1950 with counterproductive mechanisms and this caused high inflation and high unemployment and stagnating growth by 1970, called stagflation. Since 1970 governments redressed the welfare state but did not succeed in finding workable mechanisms. They rather...

Persistent link: https://www.econbiz.de/10011108214

A win-win measure out of the crisis: A graphical discussion of the tax void

Colignatus, Thomas - Volkswirtschaftliche Fakultät, … - 2009

A win-win measure that will contribute to getting us out of the crisis is the abolition of the tax void in OECD countries. The tax void is explained with graphics and it is shown how it can be eliminated for free. Adjustment costs will lie in understanding and adaptation of administrative...

Persistent link: https://www.econbiz.de/10005070466

The macro-economics of repressed stagflation. Part 2: The crisis of 2009+ and a reduction of the working week

Colignatus, Thomas - Volkswirtschaftliche Fakultät, … - 2009

-economic theory can come at ease with deflation as a temporary state that is logically implied by the notion of price stability. What …

Persistent link: https://www.econbiz.de/10005619928

A note on competing economic theories on the 2007-2008+ financial crisis: The case for (hidden) stagflation

Colignatus, Thomas - Volkswirtschaftliche Fakultät, … - 2008

economic theory. The monetary authorities and financial regulators provide us with piecemeal engineering on the fly but there … is a lack of overview. The lack of convincing theory and strategy becomes especially worrying when we see the crisis … the economic crisis that it is, but apparently with little guidance from economic theory on how to solve it. The time …

Persistent link: https://www.econbiz.de/10005623412

Economics as victim between lawyers and mathematics: An explanation for the tax credit, Bulgarian potential fraud, European unemployment and the economic crisis

Colignatus, Thomas - Volkswirtschaftliche Fakultät, … - 2013

(1) The basic problem in OECD countries is the tax void. (2) A tax system with an exemption is more transparant than a system with a tax credit. (3) Exemption should be at the level of the net minimum wage so that such workers can work at net = gross. (4) A tax credit is a sufficient but not a...

Persistent link: https://www.econbiz.de/10011109700

Revisiting the Informal Sector: A General Equilibrium Approach

Chaudhuri, Sarbajit; Mukhopadhyay, Ujjaini - Volkswirtschaftliche Fakultät, … - 2009

During the last 50 years with unprecedented population growth and urbanization, economic development, particularly in developing countries failed to generate adequate employment and income opportunities in the modern sector, compelling the surplus labour force to generate its own means of...

Persistent link: https://www.econbiz.de/10011259973

Working in Southern Europe in Times of Crisis – Myths and Demons.

Tsatsos, Aristidis - Volkswirtschaftliche Fakultät, … - 2011

Citizens of Southern Europe have been presented by the German media and politicians as lazy and work aversive. First, it is checked whether and to what extent those characterizations do reflect reality, and then, in view of the Greek economic crisis, it is shown that crises and not laziness...

Persistent link: https://www.econbiz.de/10011258684