Estimations of the Cycle of Money Without Escape Savings

Constantinos Challoumis

Abstract


The theory of the cycle of money without escaping savings is about the distribution of money and the ideal case that there are not any non-return savings. Then, mentioned the importance of the appropriate tax policy. Therefore, this work has determined that the tax policies are in connection with the savings of the companies of controlled and uncontrolled transactions. The appropriate tax policy should apply higher taxes to companies that substitute the economic activities of smaller companies. These companies destroy the structure and the functionality of the economy because the reuse and distribution of money declined. These companies are companies that sell more than one product or service substituting multiple smaller companies. The current analysis has applied the Q.E. method and its econometric approach.

Keywords


Cycle of Money; Escaping Savings

Full Text:

PDF

References


Abdelkafi, I. (2018). The Relationship Between Public Debt, Economic Growth, and Monetary Policy: Empirical Evidence from Tunisia. Journal of the Knowledge Economy, 9(4). Retrieved from https://doi.org/10.1007/s13132-016-0404-6

Adhikari, A., Derashid, C., & Zhang, H. (2006). Public policy, political connections, and effective tax rates: Longitudinal evidence from Malaysia. Journal of Accounting and Public Policy, 25(5). Retrieved from https://doi.org/10.1016/j.jaccpubpol.2006.07.001

AICPA. (2017). Guiding principles of good tax policy: A framework for evaluating tax proposals. American Institute of Certified Public Accountants, 2017(March 2001).

AL-UBAYDLI, O., LEE, M. S., LIST, J. A., MACKEVICIUS, C. L., & SUSKIND, D. (2021). How can experiments play a greater role in public policy? Twelve proposals from an economic model of scaling. Behavioural Public Policy, 5(1). Retrieved from https://doi.org/10.1017/bpp.2020.17

Altman, M. (2012). Behavioral Economics, Economic Theory and Public Policy. SSRN Electronic Journal. Retrieved from https://doi.org/10.2139/ssrn.1152105

Bartels, L. M. (2005). Homer Gets a Tax Cut: Inequality and Public Policy in the American Mind. Perspectives on Politics, 3(1). Retrieved from https://doi.org/10.1017/S1537592705050036

Biernaski, I., & Silva, C. L. (2018). Main variables of Brazilian public policies on biomass use and energy. Brazilian Archives of Biology and Technology, 61(Specialissue). Retrieved from https://doi.org/10.1590/1678-4324-smart-2018000310

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

Challoumis, C. (2018a). Identification of Significant Economic Risks to the International Controlled Transactions. Economics and Applied Informatics, 2018(3), 149–153. Retrieved from https://doi.org/https://doi.org/10.26397/eai1584040927

Challoumis, C. (2018b). Methods of Controlled Transactions and the Behavior of Companies According to the Public and Tax Policy. Economics, 6(1), 33–43. Retrieved from https://doi.org/10.2478/eoik-2018-0003

Challoumis, C. (2018c). THE IMPACT FACTOR OF HEALTH ON THE ECONOMY USING THE CYCLE OF MONEY. Bulletin of the Transilvania University of Braşov, 11(60), 125–136. Retrieved from https://webbut.unitbv.ro/index.php/Series_V/article/view/2533/1979

Challoumis, C. (2019a). The Impact Factor of Education on the Public Sector and International Controlled Transactions. Complex System Research Centre, 2019, 151–160. Retrieved from https://www.researchgate.net/publication/350453451_The_Impact_Factor_of_Education_on_the_Public_Sector_and_International_Controlled_Transactions

Challoumis, C. (2019b). The Issue of Utility of Cycle of Money. Journal Association SEPIKE, 2019(25), 12–21. Retrieved from https://5b925ea6-3d4e-400b-b5f3-32dc681218ff.filesusr.com/ugd/b199e2_dd29716b8bec48ca8fe7fbcfd47cdd2e.pdf

Challoumis, C. (2019c). The R.B.Q. (Rational, Behavioral and Quantified) Model. Ekonomika, 98(1), 6–18. Retrieved from https://doi.org/10.15388/ekon.2019.1.1

Challoumis, C. (2019d). Theoretical analysis of fuzzy logic and Q. E. method in econo­mics. IKBFU’s Vestnik, 2019(01), 59–68.

Challoumis, C. (2020a). Analysis of the Theory of Cycle of Money. Acta Universitatis Bohemiae Meridionalis, 23(2), 13–29. Retrieved from https://doi.org/https://doi.org/10.2478/acta-2020-0004

Challoumis, C. (2020b). The Impact Factor of Costs to the Tax System. Journal of Entrepreneurship, Business and Economics, 8(1), 1–14. Retrieved from http://scientificia.com/index.php/JEBE/article/view/126

Challoumis, C. (2020c). The Impact Factor of Education on the Public Sector – The Case of the U.S. International Journal of Business and Economic Sciences Applied Research, 13(1), 69–78. Retrieved from https://doi.org/10.25103/ijbesar.131.07

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. Retrieved from 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). Retrieved from https://centerprode.com/ojre.html

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. Retrieved from 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. Retrieved from doi:10.32752/1993-6788-2021-1-243-244-102-111

Challoumis, C. (2021i). The cycle of money with and without the enforcement savings. Complex System Research Centre.

Challoumis, C. (2022a). Impact Factor of the Rest Rewarding Taxes. In Complex System Research Centre. Retrieved from https://doi.org/10.2139/ssrn.3154753

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

Challoumis, C. (2023a). Capital and Risk in the Tax System. In Complex System Research Centre (pp. 241–244).

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

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

Challoumis, C. (2023d). Index of the Cycle of Money - The Case of England. British Journal of Humanities and Social Sciences, 26(1), 68–77.

Challoumis, C. (2023e). Multiple Axiomatics Method and the Fuzzy Logic. MIDDLE EUROPEAN SCIENTIFIC BULLETIN, 37(1), 63–68.

Challoumis, C. (2023f). Principles for the Authorities on Activities with Controlled Transactions. Academic Journal of Digital Economics and Stability, 30(1), 136–152.

Challoumis, C. (2023g). The Cycle of Money with and Without the Maximum and Minimum Mixed Savings. Middle European Scientific Bulletin, 41(2023), 47–56.

Challoumis, C. (2023h). The cycle of money with and without the maximum mixed savings (Two-dimensional approach). International Journal of Culture and Modernity, 33(2023), 34–45.

Challoumis, C. (2023i). Utility of cycle of money with and without the enforcement savings. GOSPODARKA I INNOWACJE, 36(1), 269–277.

Challoumis, C. (2023j). Velocity of Escaped Savings and Minimum Financial Liquidity According to the Theory of Cycle of Money. European Multidisciplinary Journal of Modern Science, 23(2023), 17–25.

Chubarova, T., Maly, I., & Nemec, J. (2020). Public policy responses to the spread of COVID-19 as a potential factor determining health results: A comparative study of the Czech Republic, the Russian Federation, and the Slovak Republic. Central European Journal of Public Policy, 14(2). Retrieved from https://doi.org/10.2478/cejpp-2020-0008

Dancygier, R. M., & Laitin, D. D. (2014). Immigration into Europe: Economic discrimination, violence, and public policy. Annual Review of Political Science, 17. Retrieved from https://doi.org/10.1146/annurev-polisci-082012-115925

Diallo, S. Y., Shults, F. L. R., & Wildman, W. J. (2021). Minding morality: ethical artificial societies for public policy modeling. AI and Society, 36(1). Retrieved from https://doi.org/10.1007/s00146-020-01028-5

Forson, J. A. (2020). Innovation financing and public policy dilemmas in the Economic Community of West African States (ECOWAS). African Journal of Science, Technology, Innovation and Development, 12(1). Retrieved from https://doi.org/10.1080/20421338.2019.1599575

Gilens, M., & Page, B. I. (2014). Testing theories of American politics: Elites, interest groups, and average citizens. Perspectives on Politics, 12(3). Retrieved from https://doi.org/10.1017/S1537592714001595

Herrington, C. M. (2015). Public education financing, earnings inequality, and intergenerational mobility. Review of Economic Dynamics, 18(4). Retrieved from https://doi.org/10.1016/j.red.2015.07.006

Holcombe, R. G. (1998). Tax policy from a public choice perspective. National Tax Journal, 51(2). Retrieved from https://doi.org/10.1086/ntj41789332

Howlett, M. (2020). Challenges in applying design thinking to public policy: Dealing with the varieties of policy formulation and their vicissitudes. Policy and Politics, 48(1). Retrieved from https://doi.org/10.1332/030557319X15613699681219

Hussain, Z., Mehmood, B., Khan, M. K., & Tsimisaraka, R. S. M. (2022). Green Growth, Green Technology, and Environmental Health: Evidence From High-GDP Countries. Frontiers in Public Health, 9. Retrieved from https://doi.org/10.3389/fpubh.2021.816697

Hyeon Sik Seo, & YoungJun Kim. (2020). INTANGIBLE ASSETS INVESTMENT AND FIRMS’ PERFORMANCE: EVIDENCE FROM SMALL AND MEDIUM-SIZED ENTERPRISES IN KOREA. Journal of Business Economics and Management, 21(2), 421–445.

Income taxes, public fiscal policy and economic growth. (2014). E-Finanse, 10(3). Retrieved from https://doi.org/10.14636/1734-039X_10_3_001

Johnston, C. D., & Ballard, A. O. (2016). Economists and public opinion: Expert consensus and economic policy judgments. Journal of Politics, 78(2). Retrieved from https://doi.org/10.1086/684629

Khan, S., & Liu, G. (2019). Socioeconomic and Public Policy Impacts of China Pakistan Economic Corridor on Khyber Pakhtunkhwa. Environmental Management and Sustainable Development, 8(1). Retrieved from https://doi.org/10.5296/emsd.v8i1.13758

Ladvocat, M., & Lucas, V. (2019). REGIONAL DISPARITIES, PUBLIC POLICIES AND ECONOMIC GROWTH IN BRAZIL. Revista Baru - Revista Brasileira de Assuntos Regionais e Urbanos, 5(2). Retrieved from https://doi.org/10.18224/baru.v5i2.7687

Lajas, R., & Macário, R. (2020). Public policy framework supporting “mobility-as-a-service” implementation. Research in Transportation Economics, 83. Retrieved from https://doi.org/10.1016/j.retrec.2020.100905

Laplane, A., & Mazzucato, M. (2020). Socializing the risks and rewards of public investments: Economic, policy, and legal issues. Research Policy: X, 2. Retrieved from https://doi.org/10.1016/j.repolx.2020.100008

Le Bodo, Y., Etilé, F., Gagnon, F., & De Wals, P. (2019). Conditions influencing the adoption of a soda tax for public health: Analysis of the French case (2005–2012). Food Policy, 88. Retrieved from https://doi.org/10.1016/j.foodpol.2019.101765

Martinez, M. C. V., & Rodríguez, M. C. M. (2020). Public policies of electronic governance and corruption in Mexico. Public Policy and Administration, 19(3). Retrieved from https://doi.org/10.5755/J01.PPAA.19.3.27769

Marume, S. B. M. (2016). Public Policy and Factors Influencing Public Policy. International Journal of Engineering Science Invention, 5(6).

Maxwell, J. A. (2020). The Value of Qualitative Inquiry for Public Policy. Qualitative Inquiry, 26(2). Retrieved from https://doi.org/10.1177/1077800419857093

Miailhe, N. (2017). Economic, Social and Public Policy Opportunities enabled by Automation. Field Actions Science Reports. The Journal of Field Actions, (Special Issue 17).

Miljand, M. (2020). Using systematic review methods to evaluate environmental public policy: methodological challenges and potential usefulness. Environmental Science and Policy, 105. Retrieved from https://doi.org/10.1016/j.envsci.2019.12.008

Montenegro Martínez, G., Carmona Montoya, A., & Franco Giraldo, Á. (2020). Models for public health policy analysis reported in scientific publications. Gaceta Sanitaria. Retrieved from https://doi.org/10.1016/j.gaceta.2019.11.007

Mueller, B. (2020). Why public policies fail: Policymaking under complexity. EconomiA, 21(2). Retrieved from https://doi.org/10.1016/j.econ.2019.11.002

Nowicki, H. (2019). Economic policies, objectives, and principles of the system of public procurement law. Studia Iuridica Toruniensia, 23. Retrieved from https://doi.org/10.12775/sit.2018.035

OECD. (2020a). Foreign direct investment flows in the time of COVID-19. Oecd.Org, (May 2020).

OECD, E. (2020b). SME Policy Index - Eastern Partner Countries 2020 ASSESSING THE IMPLEMENTATION OF THE SMALL BUSINESS ACT FOR EUROPE. OECD.

Pircher, B. (2020). EU public procurement policy: the economic crisis as trigger for enhanced harmonisation. Journal of European Integration, 42(4). Retrieved from https://doi.org/10.1080/07036337.2019.1666114

Porter, M. E. (2007). Clusters and Economic Policy: Aligning Public Policy with the New Economics of Competition. Business, (November).

Prestianawati, S. A., Mulyaningsih, S., Manzilati, A., & Ashar, K. (2020). Re-thinking Tax Leakage: Is it the Impact of Public Policy Failure? Retrieved from https://doi.org/10.2991/aebmr.k.200606.024

Rashid, H., Warsame, H., & Khan, S. (2020). The Differential Impact of Democracy on Tax Revenues in Developing and Developed Countries. International Journal of Public Administration. Retrieved from https://doi.org/10.1080/01900692.2020.1741616

Ribašauskiene, E., Šumyle, D., Volkov, A., Baležentis, T., Streimikiene, D., & Morkunas, M. (2019). Evaluating public policy support for agricultural cooperatives. Sustainability (Switzerland), 11(14). Retrieved from https://doi.org/10.3390/su11143769

Ruiz, J. C., Jurado, E. B., Moral, A. M., Uclés, D. F., & Viruel, M. J. M. (2017). Measuring the social and economic impact of public policies on entrepreneurship in Andalusia. CIRIEC-Espana Revista de Economia Publica, Social y Cooperativa, 1(90).

Russo Rafael, R. de M., Neto, M., de Carvalho, M. M. B., Leal David, H. M. S., Acioli, S., & de Araujo Faria, M. G. (2020). Epidemiology, public policies and covid-19 pandemics in Brazil: What can we expect? Revista Enfermagem, 28. Retrieved from https://doi.org/10.12957/REUERJ.2020.49570

Scholvin, S., & Malamud, A. (2020). Is Brazil a Geoeconomic Node? Geography, Public Policy, and the Failure of Economic Integration in South America. Brazilian Political Science Review, 14(2). Retrieved from https://doi.org/10.1590/1981-3821202000020004

Snow, M. S. (1988). Telecommunications literature. A critical review of the economic, technological and public policy issues. Telecommunications Policy, 12(2). Retrieved from https://doi.org/10.1016/0308-5961(88)90007-9

Suslov, V. I., & Basareva, V. G. (2020). ECONOMIC DEVELOPMENT AND PUBLIC POLICY: SCANDINAVIA AND SIBERIA. Interexpo GEO-Siberia, 3(1). Retrieved from https://doi.org/10.33764/2618-981x-2020-3-1-209-218

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

Tummers, L. (2019). Public Policy and Behavior Change. Public Administration Review, 79(6). Retrieved from https://doi.org/10.1111/puar.13109

Turner, A. (2010). The crisis, conventional economic wisdom, and public policy. Industrial and Corporate Change, 19(5). Retrieved from https://doi.org/10.1093/icc/dtq042

Victral, D. M., Grossi, L. B., Ramos, A. M., & Gontijo, H. M. (2020). Economic sustainability of water supply public policy in Brazil semiarid regions. Research, Society and Development, 9(6). Retrieved from https://doi.org/10.33448/rsd-v9i6.3435

Waardenburg, M., Groenleer, M., & De Jong, J. (2020). Designing environments for experimentation, learning and innovation in public policy and governance. Policy and Politics, 48(1). Retrieved from https://doi.org/10.1332/030557319X15586040837640




DOI: http://dx.doi.org/10.18415/ijmmu.v11i3.5576

Refbacks

  • There are currently no refbacks.


Copyright (c) 2024 International Journal of Multicultural and Multireligious Understanding

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

International Journal of Multicultural and Multireligious Understanding (IJMMU) ISSN 2364-5369
https://ijmmu.com
editor@ijmmu.com
dx.doi.org/10.18415/ijmmu
facebook.com/ijmmu
Copyright © 2014-2018 IJMMU. All rights reserved.