... for Economic Co‐operation and Development In many countries large budget deficits are among the most serious problems of their economies. Theory argues that large budget deficits tend to have harmful effects on many macroeconomic variables, such as domestic interest rates, investments, and trade...

... is likely to enhance our understanding of the causal nexus between disaggregated public spending and unemployment rates in the OECD countries. © MCB UP Limited 1996 Defence Empirical studies Finance Organization for Economic Co‐operation and Development Unemployment The post‐Second...

...Johan Torstensson Applies the two‐factor version of the Heckscher‐Ohlin‐Vanek (HOV)theorem. Two hypotheses are derived. The empirical analysis offers support for the second but not for the first hypothesis when trade of each Organization for Economic Co‐operation and Development (OECD)country...