The enormous institutional cost of modernization and its derivative, the urban crisis unfolding as hyperinflation in the age of the Republic of China, could not be resolved by adopting the same old economic means by the new regime whose success of revolution was marked by the occupation of cities...
For both model versions, I find that the equilibrium values for inflation and the output gap under a standard Taylor rule regime can be replicated under the 'old Keynesian' regime. However, a unique stable countercyclical equi- librium is only feasible within the OLG-NK model and crucially ...
Thus, the dictator has to assure that a.) the tax is on the left side of the Laffer curve and b.) the tax is such that the citizens do not hide their output. Naturally, the dictator will only invest in growth enhancing policies if he is likely to reap the future benefits. Hence, ...
Vegetative Growth Cycles and Comparison of Chlorophyll and Phenol Contents, Gas Exchange and Water Regime from Young to Old Leaves in MangoM Zude SasseP Luedders
Australia returned in 2014 to Howard-era preoccupations:asylum seekers,terrorism, jugglingrelations with superpowersand alliesoldandnew,budget cuts,national identity,trust in governmentand therole of the media. Our troops areback at war, too. We are blessed, however, by comparison with other nation...