Debt-driven growth? Wealth, distribution and demand in OECD countries
نویسندگان
چکیده
منابع مشابه
Survey Estimates of Wealth Holdings in OECD Countries Evidence on the Level and Distribution across Selected Countries
This paper discusses issues that arise in the comparison of estimates of wealth holdings and their distribution in light of data for selected OECD countries. We find large differences in the level of wealth, depending on whether the mean or median levels are compared across countries. Sensitivity of wealth estimates to survey design are evident in that even within countries, these ranking of tw...
متن کاملEstimating and Forecasting Petroleum Demand in OECD Countries (Gasoline, Jet Fuel and Diesel)
Today, factors such as increasing energy efficiency, use of alternative fuels, and application of new fuel standards and new environmental laws in OECD countries have led to wide-range of changes in the structure of demand for fossil fuels. Given the importance of light derivatives, namely gasoline, jet fuel and diesel in the demand basked of OECD countries we focus on these products. We use ...
متن کاملMilitary Draft and Economic Growth in OECD Countries
Military Draft and Economic Growth in OECD Countries Economic theory predicts that military conscription is associated with static inefficiencies as well as with dynamic distortions of the accumulation of human and physical capital. Relative to an economy with an all-volunteer force, output levels and growth rates should be lower in countries that rely on a military draft to recruit their army ...
متن کاملThree Approaches to Time Series Forecasting of Petroleum Demand in OECD Countries
Petroleum (crude oil) is one of the most important resources of energy and its demand and consumption is growing while it is a non-renewable energy resource. Hence forecasting of its demand is necessary to plan appropriate strategies for managing future requirements. In this paper, three types of time series methods including univariate Seasonal ARIMA, Winters forecasting and Transfer Function-...
متن کاملInvestigating the Effect of Public Debt on Economic Growth in Selected Islamic countries
The purpose of debt from both domestic and foreign sources is to bridge the resource gap between savings and investment. But not paying attention to debt and its role in the process of economic growth and development, may lead to adverse effects of debt on economic growth and also affect development programs. Therefore, the purpose of this study was to investigate the effect of public debt on e...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Cambridge Journal of Economics
سال: 2015
ISSN: 0309-166X,1464-3545
DOI: 10.1093/cje/bev070