Germany : Selected Issues.
This Selected Issues paper on Germany reviews investment trends and business capital stock in Organization for Economic Co-operation and Developmenta(OECD) countries. Sharp wage increases are found to boost capital formation in the short term as employers substitute capital for labor at a rate that...
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| Format: | Revija |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2004.
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| Serija: | IMF Staff Country Reports; Country Report ;
No. 2004/340 |
| Online dostop: | Full text available on IMF |
| Izvleček: | This Selected Issues paper on Germany reviews investment trends and business capital stock in Organization for Economic Co-operation and Developmenta(OECD) countries. Sharp wage increases are found to boost capital formation in the short term as employers substitute capital for labor at a rate that adjusts to the higher relative price for labor. To limit the political economy biases to fiscal policy, the paper explores options to strengthen budgetary institutions, notably more transparency; stronger budgetary rules; and more room for Lander governments to mobilize revenue and tailor spending to local circumstances. |
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| Opis knjige/članka: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Fizični opis: | 1 online resource (104 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1934-7685 |
| Dostop: | Electronic access restricted to authorized BRAC University faculty, staff and students |