Trade Policy and America`s Standard of Living: An Historical
... imported goods, but no American voter writes a check to the government. Economists may argue that tariffs often impose extremely high excess burdens and are an inefficient form of taxation. But from a bureaucrat’s point of view tariffs use foreign producers as your tax collectors, and that makes the ...
... imported goods, but no American voter writes a check to the government. Economists may argue that tariffs often impose extremely high excess burdens and are an inefficient form of taxation. But from a bureaucrat’s point of view tariffs use foreign producers as your tax collectors, and that makes the ...
The benefits of recession: What we should but often fail to learn
... standard deviation of the growth rate of GDP averaged over four quarters was one-third less during 1984- 2002 than it was during 1960 to 1983."5 Classical economists recognized the beneficial effects of recessions much more than economists today. In fact, the classical economic system saw no need fo ...
... standard deviation of the growth rate of GDP averaged over four quarters was one-third less during 1984- 2002 than it was during 1960 to 1983."5 Classical economists recognized the beneficial effects of recessions much more than economists today. In fact, the classical economic system saw no need fo ...
Facts and Challenges from the Great Recession for Forecasting and
... This paper takes an overview of the facts and explanations of recent recessions from the perspective of macroeconometricians and is very much in the spirit of Zarnowitz (1985). We review the business cycle literature, update the stylized facts and summarize the economic theories that purport to expl ...
... This paper takes an overview of the facts and explanations of recent recessions from the perspective of macroeconometricians and is very much in the spirit of Zarnowitz (1985). We review the business cycle literature, update the stylized facts and summarize the economic theories that purport to expl ...
This PDF is a selection from an out-of-print volume from the... of Economic Research Volume Title: International Economic Cooperation
... a theoretical literature that draws on the theory of games. Conditions under which coordination may even worsen economic performance have been identified. However, empirical work based on applications of these models implies that the potential gains from coordinating policies may be quite small. The ...
... a theoretical literature that draws on the theory of games. Conditions under which coordination may even worsen economic performance have been identified. However, empirical work based on applications of these models implies that the potential gains from coordinating policies may be quite small. The ...
Risk factors in the establishment and running of EMU
... Taking a historic view of the preparations for monetary union remains important even after the birth of EMU, because reform of the political outlook of monetary integration created risk factors over the preparatory period that would necessarily persist into the early years of its operation. These ri ...
... Taking a historic view of the preparations for monetary union remains important even after the birth of EMU, because reform of the political outlook of monetary integration created risk factors over the preparatory period that would necessarily persist into the early years of its operation. These ri ...
paper - Institute for New Economic Thinking
... “matter” and their outcomes are uncertain (Chong and Tuckett, 2014; Tuckett, Smith and Nyman, 2014; Tuckett and Nikolic, 2015). Based on this idea, the specific words to be included in the algorithm were first selected by one of us (DT) from very much longer lists of categories of related emotion wo ...
... “matter” and their outcomes are uncertain (Chong and Tuckett, 2014; Tuckett, Smith and Nyman, 2014; Tuckett and Nikolic, 2015). Based on this idea, the specific words to be included in the algorithm were first selected by one of us (DT) from very much longer lists of categories of related emotion wo ...
E P conomic Statistics in apua New Guinea
... ▪ Semi-centralized statistical system ○ Responsibilities are clearly defined for agencies involved in ...
... ▪ Semi-centralized statistical system ○ Responsibilities are clearly defined for agencies involved in ...
Economic Freedom and the Environment for Economic Growth
... to test directly the strength of the relationship between economic freedom and economic growth. Second, a quantification of economic freedom also makes it possible to compare its contribution with that of other factors contributing to economic growth. The measurement of economic freedom used in this ...
... to test directly the strength of the relationship between economic freedom and economic growth. Second, a quantification of economic freedom also makes it possible to compare its contribution with that of other factors contributing to economic growth. The measurement of economic freedom used in this ...
2013Guan_PT3.1
... Radiation capacity of urbanization refers to the spread of positive effect of urban development to the peripheral regions, thereby promoting the economic development of the peripheral regions. Radiation is divided into intangible spread and tangible spread. Intangible spread includes information tec ...
... Radiation capacity of urbanization refers to the spread of positive effect of urban development to the peripheral regions, thereby promoting the economic development of the peripheral regions. Radiation is divided into intangible spread and tangible spread. Intangible spread includes information tec ...
A model of the confidence channel of fiscal policy
... others’ investment decisions and, consequently, about the demand for their own goods. We see agents’ demand expectations as natural model counterparts for what is often meant by confidence in policy discussions. The model is simple and standard in many respects. Three ingredients are key for the res ...
... others’ investment decisions and, consequently, about the demand for their own goods. We see agents’ demand expectations as natural model counterparts for what is often meant by confidence in policy discussions. The model is simple and standard in many respects. Three ingredients are key for the res ...
A main objective of the monograph is to provide
... rights.”(Kochan, 2000). A number of states have passed anti-union legislation asserting the “right to work” which makes it more difficult to organize union and the unions to go on strikes. In addition to this encouragement given to non-union plants, the right to organize is still denied in the agric ...
... rights.”(Kochan, 2000). A number of states have passed anti-union legislation asserting the “right to work” which makes it more difficult to organize union and the unions to go on strikes. In addition to this encouragement given to non-union plants, the right to organize is still denied in the agric ...
If the GDP is Up, Why is America Down? October 1995
... scorecard invites a thorough rethinking of economic policy and its underlying premises. It suggests strongly that it is not the voters who are out of touch with reality. A Brief History of Economic (Mis)measurement The GDP has been the touchstone of economic policy for so long that most Americans pr ...
... scorecard invites a thorough rethinking of economic policy and its underlying premises. It suggests strongly that it is not the voters who are out of touch with reality. A Brief History of Economic (Mis)measurement The GDP has been the touchstone of economic policy for so long that most Americans pr ...
Economic Impact of MNCs on Development of Developing Nations
... for them to be brought into existence. Many studies that have been carried out in Europe and the rest of developing nations have concentrated on the benefits of Multinational corporations but literature still remains very little when Africa and the rest of the developing nations are touched. This st ...
... for them to be brought into existence. Many studies that have been carried out in Europe and the rest of developing nations have concentrated on the benefits of Multinational corporations but literature still remains very little when Africa and the rest of the developing nations are touched. This st ...
E T conomic Statistics in onga
... IT systems are considered adequate for producing the Core Set of Economic Statistics ...
... IT systems are considered adequate for producing the Core Set of Economic Statistics ...
Présentation PowerPoint
... set according to a rule if policy does not change in observed changes in the economy. A policy is set according to discretion if policy changes in response to observed changes in the economy. o Example of a rule: Constant-growthrate rule for monetary policy. ...
... set according to a rule if policy does not change in observed changes in the economy. A policy is set according to discretion if policy changes in response to observed changes in the economy. o Example of a rule: Constant-growthrate rule for monetary policy. ...
The Global Politics of Attention and Social Policy Transformati
... created pressures on postcommunist welfare states that went far beyond those experienced by more stable states under conditions of globalization. System ...
... created pressures on postcommunist welfare states that went far beyond those experienced by more stable states under conditions of globalization. System ...
E V conomic Statistics in anuatu
... ▪ Contact points publicized for each statistical subject area ▪ User consultations are organized by producers of economic statistics ▪ Awareness of relevance, among users, of official statistics to economic policy making is considered sufficient and there are activities in place to improve upon it ...
... ▪ Contact points publicized for each statistical subject area ▪ User consultations are organized by producers of economic statistics ▪ Awareness of relevance, among users, of official statistics to economic policy making is considered sufficient and there are activities in place to improve upon it ...
How Do We Measure the Economy`s Health?
... goes well beyond what students might learn from print or television media and tells much of the rest of the story. Students begin with the reading The Measurement of Economic Performance. This text summarizes the Employment Act of 1946 and defines the principal measures of economic performance, a se ...
... goes well beyond what students might learn from print or television media and tells much of the rest of the story. Students begin with the reading The Measurement of Economic Performance. This text summarizes the Employment Act of 1946 and defines the principal measures of economic performance, a se ...
Welfare Effect of Monopoly Innovation - Economics E
... than the partial deadweight loss. Specifically, the size of the welfare gains was dependent on the extent of the product substitutability between the monopoly and competitive firms. The greater the substitutability, the greater the welfare gains and the less the difference between partial and genera ...
... than the partial deadweight loss. Specifically, the size of the welfare gains was dependent on the extent of the product substitutability between the monopoly and competitive firms. The greater the substitutability, the greater the welfare gains and the less the difference between partial and genera ...
E T conomic Statistics in hailand
... ▪ Decentralized statistical system ○ Responsibilities are clearly defined for agencies involved in the production of the Core Set ○ Plans are currently being implemented to improve coordination of production of economic statistics ...
... ▪ Decentralized statistical system ○ Responsibilities are clearly defined for agencies involved in the production of the Core Set ○ Plans are currently being implemented to improve coordination of production of economic statistics ...
Foreign Direct Investment in Post-Castro Cuba
... early stages of transition, sustaining inflows of FDI is likely to be a very difficult task. The obstacles that prevent the economic success of FDI in Cuba at present are also not likely to simply disappear by embarking on a path of transition to a market economy, unless a transition government aban ...
... early stages of transition, sustaining inflows of FDI is likely to be a very difficult task. The obstacles that prevent the economic success of FDI in Cuba at present are also not likely to simply disappear by embarking on a path of transition to a market economy, unless a transition government aban ...
PuBlIC SPEnDIng EffICIEnCY AnD POlITICAl AnD
... Furthermore, governmental practices in East Asia started to receive considerable attention from foreign investors, especially with the ASEAN-China Free Trade Area that came fully into force on January 1, 2010. As a result, more transparent public spending practices are required from the government a ...
... Furthermore, governmental practices in East Asia started to receive considerable attention from foreign investors, especially with the ASEAN-China Free Trade Area that came fully into force on January 1, 2010. As a result, more transparent public spending practices are required from the government a ...
Knowledge Based Economy Assessment
... the executive committee of APEC considers that “the production, distribution and the fructification of the knowledges is the main driver of economic growth, wealth, creation and employment at all industries levels” [6]. Conform to this definition, knowledge based economy it is not based only on few ...
... the executive committee of APEC considers that “the production, distribution and the fructification of the knowledges is the main driver of economic growth, wealth, creation and employment at all industries levels” [6]. Conform to this definition, knowledge based economy it is not based only on few ...