
Interest Rates
... precise impact of rising/falling interest rates on savings behavior • At the aggregate level, new savings is very close to zero (i.e., there are approximately the same number of borrowers as there are lenders • Therefore, the income effects cancel out and higher interest rates have an unambiguous po ...
... precise impact of rising/falling interest rates on savings behavior • At the aggregate level, new savings is very close to zero (i.e., there are approximately the same number of borrowers as there are lenders • Therefore, the income effects cancel out and higher interest rates have an unambiguous po ...
Chapter 1 U G F
... An overview of the finances of the Union Government for the current year revealed that the year 2007-08 ended with a surplus of Rs. 99030 crore in the Consolidated Fund of India as against the deficit of Rs. 19244 crore in the previous year. The surplus in Public Account, however, decreased from Rs. ...
... An overview of the finances of the Union Government for the current year revealed that the year 2007-08 ended with a surplus of Rs. 99030 crore in the Consolidated Fund of India as against the deficit of Rs. 19244 crore in the previous year. The surplus in Public Account, however, decreased from Rs. ...
El proceso de cambio de año de referencia e integración de las estadísticas económicas en Jamaica (STATIN, Jamaica)
... Status of implementation Internal working groups have been established and work is ongoing: to revise the Jamaica Industrial Classification (JIC) based on the ISIC revision 4 - a first draft of the JIC has been completed and is being reviewed - currently being used however subject to change with ...
... Status of implementation Internal working groups have been established and work is ongoing: to revise the Jamaica Industrial Classification (JIC) based on the ISIC revision 4 - a first draft of the JIC has been completed and is being reviewed - currently being used however subject to change with ...
Saving, Investment, and the Financial System
... income in the economy after paying for consumption and government purchases and is called national saving, or just saving (S). ...
... income in the economy after paying for consumption and government purchases and is called national saving, or just saving (S). ...
Small open economies in the vast ocean of global high finance
... 1. The table shows the development of each variable compared to its long-term trend for the five years in the run-up to and in the aftermath of a financial crisis (starting in 2008). The long-term trend is estimated for 1870-2013 using the Hodrick-Prescott filter with a smoothing parameter equal to ...
... 1. The table shows the development of each variable compared to its long-term trend for the five years in the run-up to and in the aftermath of a financial crisis (starting in 2008). The long-term trend is estimated for 1870-2013 using the Hodrick-Prescott filter with a smoothing parameter equal to ...
Chapter 24 The Open Economy with Fixed Exchange Rates
... In this chapter we investigate the macroeconomic implications of international trade in goods and capital. We shall see that our AS-AD framework can be used to study the workings of the open economy, although the channels through which shocks are transmitted to output and inßation are somewhat differ ...
... In this chapter we investigate the macroeconomic implications of international trade in goods and capital. We shall see that our AS-AD framework can be used to study the workings of the open economy, although the channels through which shocks are transmitted to output and inßation are somewhat differ ...
The Great Recession, ‘Rainy Day’ Funds, and Countercyclical Fiscal Policy... Latin America
... Second, central banks have been strengthened as macroeconomic institutions in several of the major countries in the region. Not only have they been accorded legal independence, but they have taken responsibility for maintaining low and stable inflation rates, and to a significant extent they have a ...
... Second, central banks have been strengthened as macroeconomic institutions in several of the major countries in the region. Not only have they been accorded legal independence, but they have taken responsibility for maintaining low and stable inflation rates, and to a significant extent they have a ...
1 AP Macroeconomics Chapter One p. 3
... • no single person or group determines what is best for society • “an invisible hand” directs that the best interests of society are met when people compete to achieve individual self-interest • profit motive determines producer behavior • capitalism is a type of market system in which private indiv ...
... • no single person or group determines what is best for society • “an invisible hand” directs that the best interests of society are met when people compete to achieve individual self-interest • profit motive determines producer behavior • capitalism is a type of market system in which private indiv ...
Financial globalization or great financial expansion
... empirically at the growth of private credit, and find a U-shaped relationship with output and productivity growth, whereby financial deepening is associated with lower growth above a threshold of roughly 100% of GDP (“too much finance”) 2. Relatedly, Haldane, Brennan and Madouros (2010) show that th ...
... empirically at the growth of private credit, and find a U-shaped relationship with output and productivity growth, whereby financial deepening is associated with lower growth above a threshold of roughly 100% of GDP (“too much finance”) 2. Relatedly, Haldane, Brennan and Madouros (2010) show that th ...
Macroeconomic policies for full and productive employment
... labour is likely to decline at the margin. With few exceptions, capital is product specific, which implies that the labour transfer must be accompanied by an increase in investment. With total investment well over 30 per cent of gross domestic product, further increases in investment, like greater l ...
... labour is likely to decline at the margin. With few exceptions, capital is product specific, which implies that the labour transfer must be accompanied by an increase in investment. With total investment well over 30 per cent of gross domestic product, further increases in investment, like greater l ...
The Risk Octagon: A Comprehensive Framework for Assessing
... figure reported in the chart is around 3 percent of GDP but the Congressional Budget Office now projects a cost of less than 1 percent taking into account what is likely to be recovered in the future. This compares with 2½–3 percentage points of GDP for the Savings and Loan crisis. The low cost of d ...
... figure reported in the chart is around 3 percent of GDP but the Congressional Budget Office now projects a cost of less than 1 percent taking into account what is likely to be recovered in the future. This compares with 2½–3 percentage points of GDP for the Savings and Loan crisis. The low cost of d ...
Exchange rate policy and export performance in a landlocked
... The choice of exchange rate regime for a landlocked developing country involves several considerations. One is the effect on exports. Landlocked countries have to rely heavily on bordering countries for connections to international markets, although for some goods this reliance can be reduced by the ...
... The choice of exchange rate regime for a landlocked developing country involves several considerations. One is the effect on exports. Landlocked countries have to rely heavily on bordering countries for connections to international markets, although for some goods this reliance can be reduced by the ...
U G F – A
... and external debt, and revenue and fiscal deficits have been presented as percentage to the GDP at current market prices. The New GDP series with 1993-94 as base as published by the Central Statistical Organisation has been used. Data up to 1998-99 are final estimates. For 1999-2000 and 2000-2001, q ...
... and external debt, and revenue and fiscal deficits have been presented as percentage to the GDP at current market prices. The New GDP series with 1993-94 as base as published by the Central Statistical Organisation has been used. Data up to 1998-99 are final estimates. For 1999-2000 and 2000-2001, q ...
Hurricanes: Intertemporal Trade and Capital Shocks
... shock, but about which the standard ICA model is silent. These include: net transfers from abroad over GDP, foreign aid over GDP, worker remittances over GDP, and the government budget deficit over GDP. I estimate a heteroskedasticity and autocorrelation robust panel model for each of the macroecono ...
... shock, but about which the standard ICA model is silent. These include: net transfers from abroad over GDP, foreign aid over GDP, worker remittances over GDP, and the government budget deficit over GDP. I estimate a heteroskedasticity and autocorrelation robust panel model for each of the macroecono ...
Economic Accounts of Lebanon 2006-2007
... blockade during the summer of 2006, but resumed strongly in 2007 as a result of corrective measures. During this two-year period, an important development regarding foreign transfers made it possible to produce a balance of payments surplus despite an augmented deficit in the exchange of goods and s ...
... blockade during the summer of 2006, but resumed strongly in 2007 as a result of corrective measures. During this two-year period, an important development regarding foreign transfers made it possible to produce a balance of payments surplus despite an augmented deficit in the exchange of goods and s ...
IRAC 040413-RBI - College of Agricultural Banking
... An Asset becomes Non Performing when it ceases to generate income OVERDUE : due ...
... An Asset becomes Non Performing when it ceases to generate income OVERDUE : due ...
Developments in the exports of the four largest euro
... The current phase of economic recovery has seen German exports rise very sharply in real terms. Of the four large euro-area member states (EMU 4), only Spanish exports displayed similar momentum, while French and Italian exporters achieved considerably smaller gains. Germany’s lead in terms of expor ...
... The current phase of economic recovery has seen German exports rise very sharply in real terms. Of the four large euro-area member states (EMU 4), only Spanish exports displayed similar momentum, while French and Italian exporters achieved considerably smaller gains. Germany’s lead in terms of expor ...
the bank of me and My kind of Savings for my kind of energy
... investors to become more risk averse. Wealth preservation has become the most important investment objective for many investors but they still have to place their money where they think it will achieve the best return for a given level of risk. The challenge, however, is to determine the level of ri ...
... investors to become more risk averse. Wealth preservation has become the most important investment objective for many investors but they still have to place their money where they think it will achieve the best return for a given level of risk. The challenge, however, is to determine the level of ri ...
Short answer questions arranged by topic - Business-TES
... “Normally, it would be expected that more would be demanded at lower prices as opposed to higher prices, all other things being equal, but this may not always be the case.” Explain this statement. [M07, 2] Using demand and supply analysis, explain how resources are allocated through changes in price ...
... “Normally, it would be expected that more would be demanded at lower prices as opposed to higher prices, all other things being equal, but this may not always be the case.” Explain this statement. [M07, 2] Using demand and supply analysis, explain how resources are allocated through changes in price ...
Arab Republic of Egypt Request For Extended Arrangement Under
... exchange shortages. The new exchange rate regime will be supported by prudently tight monetary policy to anchor inflation expectations, contain domestic and external demand pressures, and allow accumulation of foreign exchange reserves. “Reducing fiscal deficits considerably and thereby placing publ ...
... exchange shortages. The new exchange rate regime will be supported by prudently tight monetary policy to anchor inflation expectations, contain domestic and external demand pressures, and allow accumulation of foreign exchange reserves. “Reducing fiscal deficits considerably and thereby placing publ ...
Balance Sheet Effects, Bailout Guarantees and Financial Crises (2004, Review of Economic Studies)
... obligations do not. However, if all firms go bankrupt in case of a depreciation, they trigger a bailout and shift debt repayment to the taxpayer. This increases ex ante profits. On the other hand, once there is a currency mismatch, a balance sheet effect validates the initial expectations of real ex ...
... obligations do not. However, if all firms go bankrupt in case of a depreciation, they trigger a bailout and shift debt repayment to the taxpayer. This increases ex ante profits. On the other hand, once there is a currency mismatch, a balance sheet effect validates the initial expectations of real ex ...
Inflation in sudan.indd
... Table 1 reveals that money supply growth witnessed historic levels as the government was grappling with a host of socio-economic and political problems in period 1991-95. Money growth rates reached unprecedented record of 99.6%, 168.7 and 89.7% in 1991, 1992 and 1993 respectively, slowing down only ...
... Table 1 reveals that money supply growth witnessed historic levels as the government was grappling with a host of socio-economic and political problems in period 1991-95. Money growth rates reached unprecedented record of 99.6%, 168.7 and 89.7% in 1991, 1992 and 1993 respectively, slowing down only ...
NBER WORKING PAPER SERIES THE FELDSTEIN-HORIOKA FACT Domenico Giannone Michele Lenza
... estimator is achieved as both the number of series and observations increase. These estimates are robust with respect to some form of non-stationarity in the data6 . Moreover, the estimated factors can be considered as they were known provided that the number of countries is not too small relative t ...
... estimator is achieved as both the number of series and observations increase. These estimates are robust with respect to some form of non-stationarity in the data6 . Moreover, the estimated factors can be considered as they were known provided that the number of countries is not too small relative t ...
Where Did All The Borrowing Go? Philip R. Lane
... The rapid growth in cross-border financial trade in recent years has posed new challenges to the understanding of external imbalances. First, it is increasingly well appreciated that capital gains and losses on existing holdings of foreign assets and liabilities can be as important as the current ac ...
... The rapid growth in cross-border financial trade in recent years has posed new challenges to the understanding of external imbalances. First, it is increasingly well appreciated that capital gains and losses on existing holdings of foreign assets and liabilities can be as important as the current ac ...
accounts receivable
... Debts Expense and credited to Allowance for Doubtful Accounts at the end of each period. ...
... Debts Expense and credited to Allowance for Doubtful Accounts at the end of each period. ...