COAS
Center for Open Access in Science (COAS)
OPEN JOURNAL FOR RESEARCH IN ECONOMICS (OJRE)

ISSN (Online) 2620-102X * ojre@centerprode.com

OJRE Home

2023 - Volume 6 - Number 1


Maximum Mixed Savings on the Cycle of Money

Constantinos Challoumis * ORCID: 0000-0002-7436-0506
National and Kapodistrian University of Athens, School of Economics, Athens, GREECE

Open Journal for Research in Economics, 2023, 6(1), 25-34 * https://doi.org/10.32591/coas.ojre.0601.03025c
Received: 3 September 2023 ▪ Revised: 13 November 2023 ▪ Accepted: 17 November 2023

LICENCE: Creative Commons Attribution 4.0 International License.

ARTICLE (Full Text - PDF)


ABSTRACT:
This work is about the utility of the cycle of money with the maximum mixed savings. This means that have examined the crucial points of tax policy and public policy which are the best for the increase of consumption and of investments, subject to the case that there exists mixed savings in the maximum level. Therefore, follows an analysis which stands on the utility of the public sector and the utility of the uncontrolled enterprises. Thence, it is plausible to extract conclusions about the utility of the cycle of money, showing the points and the behaviors of any economy when there are mixed savings and escaped savings. For this analysis, the Q.E. method and its econometrical approach have been applied.

KEY WORDS: maximum mixed savings, cycle of money.

CORRESPONDING AUTHOR:
Constantinos Challoumis, National and Kapodistrian University of Athens, Athens, GREECE.


 

REFERENCES:

Baker, S. D., Hollifield, B., & Osambela, E. (2020). Preventing controversial catastrophes. Review of Asset Pricing Studies, 10(1). https://doi.org/10.1093/RAPSTU/RAZ001

Berg, A., Markey-Towler, B., & Novak, M. (2020). Blockchains: Less government, more market. Journal of Private Enterprise, 35(2). https://doi.org/10.2139/ssrn.3301714

Burstein, P. (2020). The determinants of public policy: What matters and how much. Policy Studies Journal, 48(1). https://doi.org/10.1111/psj.12243

Carattini, S., Carvalho, M., & Fankhauser, S. (2018). Overcoming public resistance to carbon taxes. In Wiley Interdisciplinary Reviews: Climate Change (Vol. 9, Issue 5). https://doi.org/10.1002/wcc.531

Carfora, A., Pansini, R. V., & Scandurra, G. (2021). The role of environmental taxes and public policies in supporting RES investments in EU countries: Barriers and mimicking effects. Energy Policy, 149. https://doi.org/10.1016/j.enpol.2020.112044

Cascajo, R., Diaz Olvera, L., Monzon, A., Plat, D., & Ray, J. B. (2018). Impacts of the economic crisis on household transport expenditure and public transport policy: Evidence from the Spanish case. Transport Policy, 65. https://doi.org/10.1016/j.tranpol.2017.06.001

Castaño, M. S., Méndez, M. T., & Galindo, M. Á. (2016). The effect of public policies on entrepreneurial activity and economic growth. Journal of Business Research, 69(11). https://doi.org/10.1016/j.jbusres.2016.04.125

Castro, E., & Scartascini, C. (2019). Imperfect attention in public policy: A field experiment during a tax amnesty in Argentina. IDB Discussion Paper, April.

Challoumis, C. (2019a). The R.B.Q. (Rational, Behavioral and Quantified) Model. Ekonomika, 98(1). https://doi.org/10.15388/ekon.2019.1.1

Challoumis, C. (2019b). Transfer pricing methods for services and the policy of fixed length principle. Economics and Business, 33(1), 222-232. https://doi.org/https://doi.org/10.2478/eb-2019-0016

Challoumis, C. (2020). Impact factor of capital to the economy and tax system. Complex System Research Centre, 2020, 195-200. https://www.researchgate.net/publication/350385990_Impact_Factor_of_Capital_to_the_Economy_and_Tax_System.

Challoumis, C. (2021a). Index of the cycle of money – The case of Belarus. Economy and Banks, 2.

Challoumis, C. (2021b). Index of the cycle of money – The case of Greece. IJBESAR (International Journal of Business and Economic Sciences Applied Research), 14(2), 58-67.

Challoumis, C. (2021c). Index of the cycle of money – The case of Latvia. Economics and Culture, 17(2), 5-12. https://doi.org/10.2478/jec-2020-0015

Challoumis, C. (2021d). Index of the cycle of money – The case of Montenegro. Montenegrin Journal for Social Sciences, 5(1-2), 41-57.

Challoumis, C. (2021e). Index of the cycle of money – The case of Serbia. Open Journal for Research in Economics (OJRE), 4(1). https://doi.org/10.32591/coas.ojre.0401.01001c

Challoumis, C. (2021f). Index of the cycle of money – The case of Slovakia. S T U D I A C O M M E R C I A L I A B R A T I S L A V E N S I A Ekonomická Univerzita v Bratislave, 14(49), 176-188.

Challoumis, C. (2021g). Index of the cycle of money – The case of Thailand. Chiang Mai University Journal of Economics, 25(2), 1-14. https://so01.tci-thaijo.org/index.php/CMJE/article/view/247774/169340.

Challoumis, C. (2021h). Index of the cycle of money – The case of Ukraine. Actual Problems of Economics, 243(9), 102-111. https://doi.org/10.32752/1993-6788-2021-1-243-244-102-111

Challoumis, C. (2022a). Index of the cycle of money – The case of Moldova. Eastern European Journal of Regional Economics, 8(1), 77-89.

Challoumis, C. (2022b). Index of the cycle of money – The case of Poland. Research Papers in Economics and Finance, 6(1), 72-86. https://journals.ue.poznan.pl/REF/article/view/126/83.

Challoumis, C. (2023a). Index of the cycle of money: The case of Costa Rica. Sapienza, 4(3), 1–11. https://journals.sapienzaeditorial.com/index.php/SIJIS.

Challoumis, C. (2023b). Index of the cycle of money – The case of Canada. Journal of Entrepreneurship, Business and Economics, 11(1), 102-133. http://scientificia.com/index.php/JEBE/article/view/203.

Challoumis, C. (2023c). Index of the cycle of money – The case of England. British Journal of Humanities and Social Sciences, 26(1), 68-77.

Challoumis, C. (2023d). The velocities of maximum escaped savings with than of financial liquidity to the case of mixed savings. International Journal on Economics, Finance and Sustainable Development, 5(6), 124-133.

Challoumis, C. (2023e). Utility of cycle of money with and without the escaping savings. International Journal of Business Diplomacy and Economy, 2(6), 92-101.

Cruz-Castro, L., & Sanz-Menéndez, L. (2016). The effects of the economic crisis on public research: Spanish budgetary policies and research organizations. Technological Forecasting and Social Change, 113. https://doi.org/10.1016/j.techfore.2015.08.001

De Araujo, V. A., Vasconcelos, J. S., Morales, E. A. M., Savi, A. F., Hindman, D. P., O’Brien, M. J., Negrão, J. H. J. O., Christoforo, A. L., Lahr, F. A. R., Cortez-Barbosa, J., Gava, M., & Garcia, J. N. (2020). Difficulties of wooden housing production sector in Brazil. Wood Material Science and Engineering, 15(2). https://doi.org/10.1080/17480272.2018.1484513

Engström, G., Gars, J., Jaakkola, N., Lindahl, T., Spiro, D., & van Benthem, A. A. (2020). What policies address both the coronavirus crisis and the climate crisis? Environmental and Resource Economics, 76(4). https://doi.org/10.1007/s10640-020-00451-y

Fernandez, M. A., & Raine, K. D. (2019). Insights on the influence of sugar taxes on obesity prevention efforts. In Current Nutrition Reports (Vol. 8, Issue 4). https://doi.org/10.1007/s13668-019-00282-4

Gangl, K., & Torgler, B. (2020). How to achieve tax compliance by the wealthy: A review of the literature and agenda for policy. Social Issues and Policy Review, 14(1). https://doi.org/10.1111/sipr.12065

Gong, B., Zhang, S., Yuan, L., & Chen, K. Z. (2020). A balance act: Minimizing economic loss while controlling novel coronavirus pneumonia. Journal of Chinese Governance, 5(2). https://doi.org/10.1080/23812346.2020.1741940

Hagenaars, L. L., Jeurissen, P. P. T., & Klazinga, N. S. (2017). The taxation of unhealthy energy-dense foods (EDFs) and sugar-sweetened beverages (SSBs): An overview of patterns observed in the policy content and policy context of 13 case studies. In Health Policy (Vol. 121, Issue 8). https://doi.org/10.1016/j.healthpol.2017.06.011

Haigh, Y. (2020). Increasing complexities: Teaching public policy in the age of discontent. Teaching Public Administration, 38(1). https://doi.org/10.1177/0144739419879483

Jeon, J., Kim, S., & Kwon, S. M. (2020). The effects of urban containment policies on public health. International Journal of Environmental Research and Public Health, 17(9). https://doi.org/10.3390/ijerph17093275

Kominers, S. D., Teytelboym, A., & Crawford, V. P. (2017). An invitation to market design. Oxford Review of Economic Policy, 33(4). https://doi.org/10.1093/oxrep/grx063

Levi, S. (2021). Why hate carbon taxes? Machine learning evidence on the roles of personal responsibility, trust, revenue recycling, and other factors across 23 European countries. Energy Research and Social Science, 73. https://doi.org/10.1016/j.erss.2020.101883

Maier, E. (2012). Smart Mobility – Encouraging sustainable mobility behaviour by designing and implementing policies with citizen involvement. JeDEM – EJournal of EDemocracy and Open Government, 4(1). https://doi.org/10.29379/jedem.v4i1.110

Olcina, G., Tur, E. M., & Escriche, L. (2020). Cultural transmission and persistence of entrepreneurship. Small Business Economics, 54(1). https://doi.org/10.1007/s11187-018-0089-2

Paes-Sousa, R., De Andrade Schramm, J. M., & Pereira Mendes, L. V. (2019). Fiscal Austerity and the health sector: The cost of adjustments. Ciencia e Saude Coletiva, 24(12). https://doi.org/10.1590/1413-812320182412.23232019

Peres, M. F. P., Oliveira, A. B., Sarmento, E. M., Rocha-Filho, P. S., Peixoto, P. M., Kowacs, F., Goulart, A. C., & Benseñor, I. M. (2020). Public policies in headache disorders: Needs and possibilities. Arquivos de Neuro-Psiquiatria, 78(1). https://doi.org/10.1590/0004-282X20190144

Rasmussen, K., & Callan, D. (2016). Schools of public policy and executive education: An opportunity missed? Policy and Society, 35(4). https://doi.org/10.1016/j.polsoc.2016.12.002

Siegmeier, J., Mattauch, L., Franks, M., Klenert, D., Schultes, A., & Edenhofer, O. (2018). The fiscal benefits of stringent climate change mitigation: An overview. Climate Policy, 18(3). https://doi.org/10.1080/14693062.2017.1400943

Syukur, M. (2020). Insentif Pajak terhadap Sumbangan Covid-19 dari Perspektif Relasi Hukum Pajak Indonesia dengan Hak Asasi Manusia. Jurnal Suara Hukum, 2(2). https://doi.org/10.26740/jsh.v2n2.p184-214

Torres Salcido, G., del Roble Pensado Leglise, M., & Smolski, A. (2015). Food distribution’s socio-economic relationships and public policy: Mexico City’s municipal public markets. Development in Practice, 25(3). https://doi.org/10.1080/09614524.2015.1016481

Urwannachotima, N., Hanvoravongchai, P., Ansah, J. P., Prasertsom, P., & Koh, V. R. Y. (2020). Impact of sugar-sweetened beverage tax on dental caries: A simulation analysis. BMC Oral Health, 20(1). https://doi.org/10.1186/s12903-020-1061-5

Van de Vijver, A., Cassimon, D., & Engelen, P. J. (2020). A real option approach to sustainable corporate tax behavior. Sustainability (Switzerland), 12(13). https://doi.org/10.3390/su12135406

Παπακωνσταντίνου, Α., Καναββάς, Λ., & Ντόκας, Ι. (2013). Οικονομία & μικρές επιχειρήσεις [Economy & small business]. Ινστιτούτο μικρών επιχειρήσεων.

© Center for Open Access in Science