Stock Market and Economic Growth: An Empirical Analysis for Germany Adamopoulos Antonios Department of Applied Informatics‚ University of Macedonia‚ Thessaloniki‚ Macedonia‚ Greece Correspondence to: Adamopoulos Antonios‚ adamant@uom.gr Published online: April 15‚ 2010 Abstract This paper investigates the causal relationship between stock market development and economic growth for Germany for the period 1965-2007 using a Vector Error Correction Model (VECM). The purpose of this paper was to
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Tax in Improving Indonesia’s Economic Growth Smoking is prohibited due to medical reasons; nevertheless‚ many countries still allow their people to smoke in certain areas‚ for example in Indonesia. This is due to the fact that by raising the cigarette excise duty by exactly 100 per cent‚ the country would acquire many advantages. It will create numerous new employment opportunities and even boost the workers’ annual incomes. This is good for Indonesia’s economic because eventually the country’s
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The economic growth of Thailand is mostly sustained by exports. However‚ recently a political crisis over several months continues to make its local consumption and investment slump and even curbs economic growth. That is to say‚ political situation plays an important role in economic growth which is mostly estimated with GDP. The National Economic and Social Development Board said the second quarter gross domestic product is 4.9%‚ year to year percentage change‚ slowing from 6.1% rate in the
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Guess Paper – 2009 Class – X Subject – Chemistry (P- Block Elements) Kalra sir 09460472649 kalra1977@rediffmail.com Group 15 elements: |Symbol |Atomic |Electronic configuration | | |number | | | |7 |[He]2s22p3 | |N | | | |P |15 |[Ne] 3s23p3 | |As |33 |[Ar]3d104s24p3
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established that the Existence of an efficient and effective human capital is the key to economic growth and development in any nation. This stems from the fact that every other facility and resource required for economic development is driven by the availability of human capital. More so‚ in the absence of effective human capital development‚ an increasing population can have adverse negative effect on the economic growth of a nation. This is because a lot more resources is taken out to manage and cater
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The Death of Reality and the Reality of Death Death is never easy. Afterall it is the only sure thing anyone will ever do. Yet how one dies is determined by how they live. One who lives their life to the fullest will be content and open to death‚ while one whose life has been empty will fear it; but what if the difference between full and empty was not so easily differentiated? What if reality and falsehood were the same? This idea is contemplated in both Death of a Salesman by Arthur Miller and
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How is public debt related to economic growth and unemployment? In this project different economics variables will be compared with each other to see if any correlations between them exist to perhaps explain certain trends and changes in the variables. The three focused on in this report are GDP growth‚ Government Debt and Budget surplus/deficit. There is a huge standard deviation in the data given for GDP. In both 2009 and 2010 the standard deviation was over four and a half times larger than
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Volatility 4 Corruption 4 Weak Government 4 Unaccountable government 4 Dutch disease 5 RUSSIA AND THE DUTCH DESEASE 5 Growth and oil price 6 Appreciation of Real Exchange Rate 7 Manufacturing and services sector 7 Growth of real wage 8 LESSON FROM NORWAY 8 Benefits from the management of the natural resources 9 The separation of power 10 Diversification growth 10 CONCLUSION 10 REFERENCES 11 ABSTRACT Despite common opinion‚ having natural resources could not be always
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measure the economic growth of a country? Experts have proposed many techniques to assess the economic progress of a country. One of these techniques is to calculate the sum of all the goods and services produced in the country which is known as gross domestic product (GDP). The indicator was created in the wake of great depression in 1930s and still is used to measure individual countries’ economic performance. But now most of the economists claim that GDP alone cannot reflect the economic performance
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The number one deterrent to inhalants that I heard in all of the drug prevention lessons in life was that inhalants cause brain damage. There are many reasons why and how it causes brain damage. Such as asphyxiation‚ suffocation‚ seizures‚ and injuries. Asphyxiation is where there is inadequate supply of oxygen in the body because of abnormal breathing (this is different from suffocation). People using inhalants can asphyxiate because the chemicals in the inhalants displaces the oxygen in the lungs
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