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MME, February 4, 2017

Αποψη: Συμπεράσματα διαλόγου για φορολογικούς συντελεστές, ανάπτυξη

Kathimerini, 4 Φεβρουάριος 2017. Με επιφύλαξη παντός δικαιώματος. Από τις φιλόξενες στήλες της «Καθημερινής», τις τελευταίες εβδομάδες δημοσιεύθηκαν άρθρα ενός γόνιμου διαλόγου με παράθεση πολλών στοιχείων εκατέρωθεν από επιστημονικές μελέτες, για τη σχέση των φορολογικών συντελεστών στις επιχειρήσεις με την ανάπτυξη της οικονομίας…. Διαβάστε περισσότερα κάνοντας ΚΛΙΚ ΕΔΩ: http://www.kathimerini.gr/894902/article/oikonomia/ellhnikh-oikonomia/apoyh-symperasmata-dialogoy-gia-forologikoys-syntelestes-anapty3h

Public Policy Brief No. 142

Full Employment: Are We There Yet?

Flavia Dantas and L. Randall Wray argue that the emerging conventional wisdom—that the US economy has reached full employment—is flawed. The unemployment rate is not providing an accurate picture of the health of the labor market, and the common narrative attributing shrinking labor force engagement to aging demographics is overstated. Instead, falling prime-age participation rates […]

MME, January 23, 2017

Αποψη: Οι «ιερές αγελάδες» της Ν.Δ. και η ελληνική πραγματικότητα

Kathimerini, 23 Ιανουάριος 2017. Με επιφύλαξη παντός δικαιώματος. Στην «Κ» της 15/1/2017 δέχθηκα τα βέλη της κριτικής των κ.κ. Βουρλούμη και Μπακογιάννη για την άποψή μου πως για την προσέλκυση επενδύσεων δεν προέχει σήμερα η μείωση της εταιρικής φορολογίας αλλά η βελτίωση των συνθηκών ρευστότητας και η δημιουργία ενός φιλικότερου επιχειρηματικού περιβάλλοντος για τις επιχειρήσεις…. […]

Summary No. 1

Summary Winter 2017

This issue of the Summary opens with a strategic analysis for Greece. Using alternative policy scenarios, the authors demonstrate that cleaning up the government’s arrears accounts and boosting public investment would improve GDP growth, but that growth and employment would best be promoted through the implementation of a direct job creation program underwritten by an […]

Why a Universal Basic Income Is a Poor Substitute for a Guaranteed Job

ABC News, January 18, 2017. All Rights Reserved. Creating a universal basic income as a means of addressing unemployment and productivity problems has become the topic du-jour as workers become increasingly separated from the means of production, with even modest salaries failing to cover the cost of living.  Consequently, Australian taxpayers have had to take on a greater […]

Working Paper No. 882

Investing in Social Care Infrastructure and Employment Generation

This paper examines the aggregate and gender employment impact of expanding the early childhood care and preschool education (ECCPE) sector in Turkey and compares it to the expansion of the construction sector. The authors’ methodology combines input-output analysis with a statistical microsimulation approach. Their findings suggest that the expansion of the ECCPE sector creates more […]

Working Paper No. 881

The Long-run Determinants of Indian Government Bond Yields

This paper investigates the long-term determinants of Indian government bonds’ (IGB) nominal yields. It examines whether John Maynard Keynes’s supposition that short-term interest rates are the key driver of long-term government bond yields holds over the long-run horizon, after controlling for various key economic factors such as inflationary pressure and measures of economic activity. It […]

Working Paper No. 880

The Great Recession and Racial Inequality

The Great Recession had a tremendous impact on low-income Americans, in particular black and Latino Americans. The losses in terms of employment and earnings are matched only by the losses in terms of real wealth. In many ways, however, these losses are merely a continuation of trends that have been unfolding for more than two […]

"Wildcard" Trump Could Affect Markets, Economic Outlook in 2017

CBC News, January 2, 2017. All Rights Reserved. Donald Trump, who will be inaugurated as the next U.S president on Jan. 20, brings with him a high level of uncertainty for 2017, investment managers and economists say. Following the election of Trump on Nov. 8, U.S. stocks took off, with key indices hitting multiple records highs. The Dow Jones industrial average — the […]

Blog

Xmas Cheer: The Debt Is Not Our Biggest Problem

Why do so many pundits and politicians, including the future director of the Office of Management and Budget, beat the debt drum so loudly and so often? It’s one of the most effective, and most abused, wedge issues in American politics. by Kerry Pechter The nomination of Mick Mulvaney—deficit hawk, three-term Republican congressman from South [...]