Research Report on Regional Gross Domestic Product
... The successful feasibility study involved developing data and methodologies that could be tested via the compilation of an experimental series. This series is considered to be of acceptable quality at the region level. The regional GDP methods and data used in this report have been peer reviewed and ...
... The successful feasibility study involved developing data and methodologies that could be tested via the compilation of an experimental series. This series is considered to be of acceptable quality at the region level. The regional GDP methods and data used in this report have been peer reviewed and ...
Effectiveness of the Australian Fiscal Stimulus Package
... temporary and fit nicely the concept of once-off fiscal shocks within the DSGE framework. In contrast, the public investment-side of the package involves construction projects which take up to a few years to complete, so it is more difficult to justify such public expenditures as being temporary and ...
... temporary and fit nicely the concept of once-off fiscal shocks within the DSGE framework. In contrast, the public investment-side of the package involves construction projects which take up to a few years to complete, so it is more difficult to justify such public expenditures as being temporary and ...
Home Price Declines - Television Bureau of Advertising :: TVB Online
... Analytic services and products provided by Standard & Poor’s are the result of separate activities designed to preserve the independence and objectivity of each analytic process. Standard & Poor’s has established policies and procedures to maintain the confidentiality of non-public information rece ...
... Analytic services and products provided by Standard & Poor’s are the result of separate activities designed to preserve the independence and objectivity of each analytic process. Standard & Poor’s has established policies and procedures to maintain the confidentiality of non-public information rece ...
fiscal multipliers in recession and expansion
... where changes in spending are projected on professional forecasts to construct a series on unanticipated innovations in spending. Observe that by controlling for information contained in lags of ...
... where changes in spending are projected on professional forecasts to construct a series on unanticipated innovations in spending. Observe that by controlling for information contained in lags of ...
Mongolia: 2015 Article IV Consultation Staff Report
... The authorities’ approach soon proved unsustainable. With FDI falling, a growing share of the current account deficit has been financed by a drawdown of reserves. From more than $4 billion (almost 6½ months of imports) in early-2013, reserves are now down to $1¼ billion (two months) even after subst ...
... The authorities’ approach soon proved unsustainable. With FDI falling, a growing share of the current account deficit has been financed by a drawdown of reserves. From more than $4 billion (almost 6½ months of imports) in early-2013, reserves are now down to $1¼ billion (two months) even after subst ...
Drying out: Investigating the economic effects of drought in AN2013/02 June 2013
... would be for world dairy prices to be around 10 percent higher than otherwise. As it happens, world dairy prices actually rose by around 40 percent between January and April 2013. ...
... would be for world dairy prices to be around 10 percent higher than otherwise. As it happens, world dairy prices actually rose by around 40 percent between January and April 2013. ...
NBER WORKING PAPER SERIES WHAT'S A RECESSION, ANYWAY? Edward E. Leamer
... incorporate new and revised data from the monthly surveys and other monthly and quarterly source data that have subsequently become available. The current quarterly estimates provide the first look at the path of U.S. economic activity. Annual revisions of the NIPAs are usually carried out each summ ...
... incorporate new and revised data from the monthly surveys and other monthly and quarterly source data that have subsequently become available. The current quarterly estimates provide the first look at the path of U.S. economic activity. Annual revisions of the NIPAs are usually carried out each summ ...
Republic Of Azerbaijan: 2016 Article IV Consultation—Press
... sustainable growth, the authorities are developing a strategy to rapidly diversify the economy by creating a more business friendly environment and pursuing structural reforms. Risks to the outlook are tilted to the downside as economic growth is still highly linked to oil shocks and government spen ...
... sustainable growth, the authorities are developing a strategy to rapidly diversify the economy by creating a more business friendly environment and pursuing structural reforms. Risks to the outlook are tilted to the downside as economic growth is still highly linked to oil shocks and government spen ...
the size and functions of government and economic
... expenditures are increasingly channeled into less and less productive activities. Eventually, as the government becomes larger and undertakes more activities for which it is ill suited, negative returns set in and economic growth is retarded. This is likely to result when governments become involved ...
... expenditures are increasingly channeled into less and less productive activities. Eventually, as the government becomes larger and undertakes more activities for which it is ill suited, negative returns set in and economic growth is retarded. This is likely to result when governments become involved ...
PDF
... for states that are relatively more concentrated since it seems to indicate that their initial level of diversity is not as important as their change in diversity. Therefore, this could mean that as long as a state can accelerate its industrial diversification, they may be able to reduce the duratio ...
... for states that are relatively more concentrated since it seems to indicate that their initial level of diversity is not as important as their change in diversity. Therefore, this could mean that as long as a state can accelerate its industrial diversification, they may be able to reduce the duratio ...
Pension Reform and the Development of Pension
... 1.12 Some large employers use contingent pension promises to permanent workers to assure the recovery of the firm-specific training and team-building investments and to select better employees. There is a tradeoff between this aim and the ease of transferring pension rights between jobs under differ ...
... 1.12 Some large employers use contingent pension promises to permanent workers to assure the recovery of the firm-specific training and team-building investments and to select better employees. There is a tradeoff between this aim and the ease of transferring pension rights between jobs under differ ...
Forecasting Recessions - Federal Reserve Bank of Philadelphia
... It is instructive to examine the differences between the reported R1 recession probabilities in the SPF and the probabilities implied by the SPF GDP projection at each of the five horizons, as shown in Figure 2. First, the differences are generally small and fairly uniform over time, which suggests tha ...
... It is instructive to examine the differences between the reported R1 recession probabilities in the SPF and the probabilities implied by the SPF GDP projection at each of the five horizons, as shown in Figure 2. First, the differences are generally small and fairly uniform over time, which suggests tha ...
The Changing Contours of Long-Term Unemployment The Need for
... increasingly more of those people falling into the ranks of the long-term unemployed — those out of work for more than six months. The last time that the nation faced severe long-term unemployment was during the period from 1991 to 1994, although the recession itself ran from the summer of 1990 unti ...
... increasingly more of those people falling into the ranks of the long-term unemployed — those out of work for more than six months. The last time that the nation faced severe long-term unemployment was during the period from 1991 to 1994, although the recession itself ran from the summer of 1990 unti ...
(PDF)
... During economic booms, recessions, and recovery periods, consumers’ purchasing behavior changes. For instance, they may be more likely to purchase a car during an expansion period, rather than during a recession. The relative importances of items in the Consumer Price Index (CPI) are based on survey ...
... During economic booms, recessions, and recovery periods, consumers’ purchasing behavior changes. For instance, they may be more likely to purchase a car during an expansion period, rather than during a recession. The relative importances of items in the Consumer Price Index (CPI) are based on survey ...
Economics of Money, Banking, and Financial Markets, 8e
... A) The only bond whose return equals the initial yield to maturity is one whose time to maturity is the same as the holding period. B) A rise in interest rates is associated with a fall in bond prices, resulting in capital gains on bonds whose terms to maturity are longer than the holding periods. C ...
... A) The only bond whose return equals the initial yield to maturity is one whose time to maturity is the same as the holding period. B) A rise in interest rates is associated with a fall in bond prices, resulting in capital gains on bonds whose terms to maturity are longer than the holding periods. C ...
Twelfth And Final Review Under The Extended Arrangement
... “Moving forward with key structural reforms is pivotal to foster higher and more inclusive growth. Restructuring and attracting private sector participation in public enterprises is needed to ensure their financial viability and reduce fiscal costs. Completing the power sector reform will be importa ...
... “Moving forward with key structural reforms is pivotal to foster higher and more inclusive growth. Restructuring and attracting private sector participation in public enterprises is needed to ensure their financial viability and reduce fiscal costs. Completing the power sector reform will be importa ...
A Chronology of Turning Points in Economic Activity: Spain 1850-2011
... then would one determine whether or not a business cycle dating committee (or a legislature) is appropriately sorting the historical record into periods of expansion and periods of recession? After all, the true state of the economy (expansion or recession) is inherently unobservable —an infinite sa ...
... then would one determine whether or not a business cycle dating committee (or a legislature) is appropriately sorting the historical record into periods of expansion and periods of recession? After all, the true state of the economy (expansion or recession) is inherently unobservable —an infinite sa ...
to a PDF of this article which includes
... acknowledges the importance of economic development (even if it is slow development) at this time, but reminds its readers that the path to economic recovery is still a long trek ahead: The nation’s total output of goods and services grew at an annual rate of 2.5 percent from July to September, almo ...
... acknowledges the importance of economic development (even if it is slow development) at this time, but reminds its readers that the path to economic recovery is still a long trek ahead: The nation’s total output of goods and services grew at an annual rate of 2.5 percent from July to September, almo ...
Using Exogenous Changes in Government Spending to estimate
... spending are larger than the multipliers estimated by Ramey and Zubairy (2015). Ramey and Zubairy (2015) report a multiplier of around 0.5 for Canada. Our multiplier estimates are substantially larger. Depending upon the specification and the type of government spending changes included, the estimat ...
... spending are larger than the multipliers estimated by Ramey and Zubairy (2015). Ramey and Zubairy (2015) report a multiplier of around 0.5 for Canada. Our multiplier estimates are substantially larger. Depending upon the specification and the type of government spending changes included, the estimat ...
Economic Modernization in Mongolia
... global economic crisis, its government must review its policies that that can affect foreign investment in mining and other industries crucial to Mongolia’s economic future. The mining industry has come to symbolize prosperity and the long-term modernization of Mongolia. Foreign direct investment gr ...
... global economic crisis, its government must review its policies that that can affect foreign investment in mining and other industries crucial to Mongolia’s economic future. The mining industry has come to symbolize prosperity and the long-term modernization of Mongolia. Foreign direct investment gr ...
The National Impact of a West Coast Port Stoppage
... how the direct loss of export volume affects production the possibility of rerouting and the ultimate recovery and employment across the entire supply chain and how of delayed trade. These assumptions vary by the those losses reduce overall income and demand. For classification of trade commodities ...
... how the direct loss of export volume affects production the possibility of rerouting and the ultimate recovery and employment across the entire supply chain and how of delayed trade. These assumptions vary by the those losses reduce overall income and demand. For classification of trade commodities ...
DOCX - World bank documents
... The aggregate level of allowances is also relatively limited (at less than 10 percent of the overall cost of the civil service). Allowances overall have increased modestly in absolute terms (from 1.35 percent of GDP in 2008/09 to 1.65 percent in 2010/11), but more significantly in relative terms (by ...
... The aggregate level of allowances is also relatively limited (at less than 10 percent of the overall cost of the civil service). Allowances overall have increased modestly in absolute terms (from 1.35 percent of GDP in 2008/09 to 1.65 percent in 2010/11), but more significantly in relative terms (by ...
Forecast Disagreement in the Survey of Professional Forecasters
... to forecast quarterly values of major macroeconomic variables for up to five quarters, including the current quarter, and annual projections up to three years ahead. In addition, the SPF asks for long-term annual averages for headline and core inflation, real GDP growth, productivity growth, and sto ...
... to forecast quarterly values of major macroeconomic variables for up to five quarters, including the current quarter, and annual projections up to three years ahead. In addition, the SPF asks for long-term annual averages for headline and core inflation, real GDP growth, productivity growth, and sto ...
Can Great Depression Theories Explain the Great Recession?
... Can Great Depression Theories explain the Great Recession? 2 Kirchgässner, 2009, p. 1), they will not be able to predict the upturn. So is economics useless? Surely not, if we understand economics as interpreting the past in order to let bad history not repeat. Consequently in an economic crisis ec ...
... Can Great Depression Theories explain the Great Recession? 2 Kirchgässner, 2009, p. 1), they will not be able to predict the upturn. So is economics useless? Surely not, if we understand economics as interpreting the past in order to let bad history not repeat. Consequently in an economic crisis ec ...
economic development in urban nigeria
... the positive agglomeration economies that emerge from the degree of matching (firms find workers and people find jobs with greater ease), sharing (input-output linkages and sharing the costs of infrastructure) and learning (from the interacting of people in related fields) that accrue when a large n ...
... the positive agglomeration economies that emerge from the degree of matching (firms find workers and people find jobs with greater ease), sharing (input-output linkages and sharing the costs of infrastructure) and learning (from the interacting of people in related fields) that accrue when a large n ...