Scientific Programme
... Local Organising Committee Session, CICG 3 13:45 to 15:20 Contributed Sessions 1 EEA Applied Macroeconomics, GI S3 EEA Banks and International Business Cycles, GI Auditorium B EEA Corporate Finance I, GI S5 EEA Education Economics I, CICG 21 EEA Environmental Economics I, CICG 5 EEA Exchange Rates, ...
... Local Organising Committee Session, CICG 3 13:45 to 15:20 Contributed Sessions 1 EEA Applied Macroeconomics, GI S3 EEA Banks and International Business Cycles, GI Auditorium B EEA Corporate Finance I, GI S5 EEA Education Economics I, CICG 21 EEA Environmental Economics I, CICG 5 EEA Exchange Rates, ...
On the Accuracy and Efficiency of IMF Forecasts: A Survey
... new methodologies to help draw practical lessons for IMF forecasting. We find that the IMF forecasts developed for the World Economic Outlook are not consistently biased in one direction or the other, nor do they consistently perform better or worse than those of comparators. Even so, they have tend ...
... new methodologies to help draw practical lessons for IMF forecasting. We find that the IMF forecasts developed for the World Economic Outlook are not consistently biased in one direction or the other, nor do they consistently perform better or worse than those of comparators. Even so, they have tend ...
mmi07 Cheung 4357324 en
... Besides the pure psychological desire to feel good and not to be perceived as inferior, there are a few reasons why economies would like to keep up with their peers. Remarks by Feldstein (1999) and Fischer (1999), for example, offer some insight on the keeping up with the Joneses motivation. After t ...
... Besides the pure psychological desire to feel good and not to be perceived as inferior, there are a few reasons why economies would like to keep up with their peers. Remarks by Feldstein (1999) and Fischer (1999), for example, offer some insight on the keeping up with the Joneses motivation. After t ...
Workers` Remittances and Borrowing Constraints in Recipient
... These currency transfers sent by migrants to their family stayed in the home country are exponentially growing and have reached significant levels, particularly at the scale of GDP in developing countries. According to Chami and Fullenkamp (2013) [14], remittances represented in 2011 more than 1% of ...
... These currency transfers sent by migrants to their family stayed in the home country are exponentially growing and have reached significant levels, particularly at the scale of GDP in developing countries. According to Chami and Fullenkamp (2013) [14], remittances represented in 2011 more than 1% of ...
Systematic Errors in Growth Expectations over the Business Cycle
... ∆µr < 0) determines how much lower growth is in the second regime. εt , zt , and it are assumed to be independent of each other and across time. This model abstracts from most dynamic effects but captures three important features: First, growth is somewhat persistent and, hence, predictable. Second, ...
... ∆µr < 0) determines how much lower growth is in the second regime. εt , zt , and it are assumed to be independent of each other and across time. This model abstracts from most dynamic effects but captures three important features: First, growth is somewhat persistent and, hence, predictable. Second, ...
Ligjërata nga lënda Tregje financiare bashkekohore(Prof.Dr.Safet
... ROBERT J. SHILLER, Creativity, Corporatism, and Crowds, NOV 18, 2014 Robert J. Shiller, a 2013 Nobel laureate in economics, is Professor of Economics at Yale University Economic growth, as we learned long ago from the works of economists like MIT’s Robert M. Solow, is largely driven by learning and ...
... ROBERT J. SHILLER, Creativity, Corporatism, and Crowds, NOV 18, 2014 Robert J. Shiller, a 2013 Nobel laureate in economics, is Professor of Economics at Yale University Economic growth, as we learned long ago from the works of economists like MIT’s Robert M. Solow, is largely driven by learning and ...
The Effect of IMF Programs on Inequal
... is the case more often than not below), IOs will tend to increase inequality when they exert influence on democracies. In non-democracies, on the other hand, no such effect should be observable because the responsiveness of the governing institutions to citizens is weak irrespective of IO influence. ...
... is the case more often than not below), IOs will tend to increase inequality when they exert influence on democracies. In non-democracies, on the other hand, no such effect should be observable because the responsiveness of the governing institutions to citizens is weak irrespective of IO influence. ...
NBER Reporter Program Report
... include the measurement of economic depreciation, public and private capital formation, and productivity theory and analysis. Before joining the University of Maryland, Hulten was a senior research associate at the Urban Institute and an assistant professor of economics at Johns Hopkins University. ...
... include the measurement of economic depreciation, public and private capital formation, and productivity theory and analysis. Before joining the University of Maryland, Hulten was a senior research associate at the Urban Institute and an assistant professor of economics at Johns Hopkins University. ...
Section 2
... APEC’s formation in 1989 was not only a bridge for greater integration of the economies on either shore of the Pacific, but also a far-sighted and brave New World initiative bringing together industrialised and developing economies with a commitment to free and open trade and investment in the Asia ...
... APEC’s formation in 1989 was not only a bridge for greater integration of the economies on either shore of the Pacific, but also a far-sighted and brave New World initiative bringing together industrialised and developing economies with a commitment to free and open trade and investment in the Asia ...
mmi11 Sturm 15004126 en
... XDEBTGNI (external debt scaled to Gross National Income, GNI): First, a high debt ratio may reduce the creditworthiness of the country concerned and, hence, increase its demand for IMF credit. Second, so-called “highly-indebted poor countries” are only eligible for debt relief, if they maintain macr ...
... XDEBTGNI (external debt scaled to Gross National Income, GNI): First, a high debt ratio may reduce the creditworthiness of the country concerned and, hence, increase its demand for IMF credit. Second, so-called “highly-indebted poor countries” are only eligible for debt relief, if they maintain macr ...
The United States of Walmart: Economics 226 Module 4
... Another impact Wal-Mart has had on the United States’ economy has been to stimulate trade with countries such as China. Approximately ten percent of United States’ imports from China go directly to Wal-Mart. This is mainly due to the fact that China’s production costs are well below those available ...
... Another impact Wal-Mart has had on the United States’ economy has been to stimulate trade with countries such as China. Approximately ten percent of United States’ imports from China go directly to Wal-Mart. This is mainly due to the fact that China’s production costs are well below those available ...
Robert Barro and Jong-Wha Lee IMF Programs: Who Is Chosen and What Are the Effects? (Second IMF Research Conference).
... growth rate of GDP, 4 and a dummy variable for whether a country is included in the set of rich OECD countries. The key innovation of our analysis is that we see the IMF as a bureaucratic and political organization. In this respect, we consider a member country’s political connections to the IMF as ...
... growth rate of GDP, 4 and a dummy variable for whether a country is included in the set of rich OECD countries. The key innovation of our analysis is that we see the IMF as a bureaucratic and political organization. In this respect, we consider a member country’s political connections to the IMF as ...
ppt_montreal_crise
... The State or the Market? “Recent events highlight the importance of sustainable public finances and the need for our countries to put in place credible, properly phased and growth-friendly plans to deliver fiscal sustainability […]. Those countries with serious fiscal challenges need to accelerate ...
... The State or the Market? “Recent events highlight the importance of sustainable public finances and the need for our countries to put in place credible, properly phased and growth-friendly plans to deliver fiscal sustainability […]. Those countries with serious fiscal challenges need to accelerate ...
Globalization as Converging Means and Diverging Ends I
... globalization is not much different from the past ones, and some would even argue that in the imperial era the world was more globalized because there were less barriers and obstacles since most nation-states emerged after WWII 19 . ...
... globalization is not much different from the past ones, and some would even argue that in the imperial era the world was more globalized because there were less barriers and obstacles since most nation-states emerged after WWII 19 . ...
Chapter 2—The Economy: Myth and Reality
... a. has just begun to move in that direction after years of central planning. b. has gone further in that direction than almost any other country. c. is becoming more “free,” but is not as capitalistic as many others. d. is considering a major change to “free up” its economy as many others have. e. i ...
... a. has just begun to move in that direction after years of central planning. b. has gone further in that direction than almost any other country. c. is becoming more “free,” but is not as capitalistic as many others. d. is considering a major change to “free up” its economy as many others have. e. i ...
Global Marine Trends 2030
... This publication has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) i ...
... This publication has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) i ...
- TestbankU
... 7. If California were a separate economy, it would be the ____ largest economy on earth. a. second b. third c. fifth d. eighth ANS: D PTS: 1 LOC: Measuring the Economy ...
... 7. If California were a separate economy, it would be the ____ largest economy on earth. a. second b. third c. fifth d. eighth ANS: D PTS: 1 LOC: Measuring the Economy ...
Global account management strategies: Drivers and outcomes
... Spurred by advances in communication, information, and transportation technologies, a shift toward market economies, privatization and deregulation in emerging markets, emergence of the global consumer, the availability of transnational media, and a proliferation of global products, globalization is ...
... Spurred by advances in communication, information, and transportation technologies, a shift toward market economies, privatization and deregulation in emerging markets, emergence of the global consumer, the availability of transnational media, and a proliferation of global products, globalization is ...
Back in the game
... SMEs in Western Europe and the Middle East were the most likely to feel the recovery. More SMEs across all the regions were more confident about the economic prospects facing their businesses in the latest 12 months than they had been in the 2012/13 period. Similarly, SMEs in the majority of regions ...
... SMEs in Western Europe and the Middle East were the most likely to feel the recovery. More SMEs across all the regions were more confident about the economic prospects facing their businesses in the latest 12 months than they had been in the 2012/13 period. Similarly, SMEs in the majority of regions ...
High Growth Markets
... Plummeting oil and commodity prices have exposed certain countries’ overdependence upon resources, while civil unrest, corruption and sanctions are testing the resilience of others. However, from challenge comes opportunity, as oil-rich states strive to broaden their industrial base and up-and-comin ...
... Plummeting oil and commodity prices have exposed certain countries’ overdependence upon resources, while civil unrest, corruption and sanctions are testing the resilience of others. However, from challenge comes opportunity, as oil-rich states strive to broaden their industrial base and up-and-comin ...
NBER WORKING PAPER SERIES MONETARY POLICY MATTER? A NEW TEST IN
... THE SPIRIT OF FRIEDMAN AND SCHWARTZ ...
... THE SPIRIT OF FRIEDMAN AND SCHWARTZ ...
Global Horse Trading: IMF Loans for Votes in the United Nations Security Council
... might expect to receive rewards during their tenure. In fact, Kuziemko and Werker (2006) find that average US foreign aid increases by 54 percent and average UN development aid by 7 percent when a country is elected to the Security Council. Yet, despite sometimes intense competition, elections have ...
... might expect to receive rewards during their tenure. In fact, Kuziemko and Werker (2006) find that average US foreign aid increases by 54 percent and average UN development aid by 7 percent when a country is elected to the Security Council. Yet, despite sometimes intense competition, elections have ...
www.gloomboomdoom.com
... The world is in the midst of the worst economic slump since the Great Depression. Economic policy responses were unprecedented coordinated fiscal and monetary measures. Will they help or aggravate and prolong the crisis? How long will it take for the world to return to peak economic activity of 2006 ...
... The world is in the midst of the worst economic slump since the Great Depression. Economic policy responses were unprecedented coordinated fiscal and monetary measures. Will they help or aggravate and prolong the crisis? How long will it take for the world to return to peak economic activity of 2006 ...
Do loans harm?
... only looks at the reward for labor, using them both seems promising in order to learn about specific impacts of IMF programs. 3.1 The Theil-Coefficient as dependent variable The Theil-coefficient of inequality (often also referred to as Theil's T-statistic) generates an element for each individual o ...
... only looks at the reward for labor, using them both seems promising in order to learn about specific impacts of IMF programs. 3.1 The Theil-Coefficient as dependent variable The Theil-coefficient of inequality (often also referred to as Theil's T-statistic) generates an element for each individual o ...
Middle East Real Estate Predictions: Dubai 2015
... has been challenging. However, with the introduction of Municipality tax exemptions for Midscale hotels and a wider tourism campaign to promote Dubai as a destination to a diverse audience, heightened activity in this sector is likely. For selected Dubai locations, 2014 average occupancy ranged from ...
... has been challenging. However, with the introduction of Municipality tax exemptions for Midscale hotels and a wider tourism campaign to promote Dubai as a destination to a diverse audience, heightened activity in this sector is likely. For selected Dubai locations, 2014 average occupancy ranged from ...
Nouriel Roubini
Nouriel Roubini (born March 29, 1958) is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics, an economic consultancy firm.The child of Iranian Jews, he was born in Turkey and grew up in Italy. After receiving a BA in political economics at Bocconi University, Milan and a doctorate in international economics at Harvard University, he became an academic at Yale and a practising economist at the International Monetary Fund (IMF), the Federal Reserve, World Bank, and Bank of Israel. Much of his early research focused on emerging markets. During the administration of President Bill Clinton, he was a senior economist for the Council of Economic Advisers, later moving to the United States Treasury Department as a senior adviser to Timothy Geithner, who in 2009 became Treasury Secretary.