Recession in Advanced Economies: A View from the United States
... My favorite monthly indicator is total hours worked in the economy ...
... My favorite monthly indicator is total hours worked in the economy ...
FedViews
... The gap between the actual and natural rate of unemployment is one measure of resource slack. A related measure is the gap between potential and actual output. Potential is what output would be if the workforce and productive capacity were fully utilized at sustainable, noninflationary levels. Our c ...
... The gap between the actual and natural rate of unemployment is one measure of resource slack. A related measure is the gap between potential and actual output. Potential is what output would be if the workforce and productive capacity were fully utilized at sustainable, noninflationary levels. Our c ...
How Long Can the Business Expansion Continue?
... Reasons for Skepticism? • Usually I’m a skeptic, but since mid-2003 I’ve been on board, and the consensus has been right (steady real GDP growth, tame inflation, gradual decline unempl) • This time: too sanguine about inflation? ...
... Reasons for Skepticism? • Usually I’m a skeptic, but since mid-2003 I’ve been on board, and the consensus has been right (steady real GDP growth, tame inflation, gradual decline unempl) • This time: too sanguine about inflation? ...
FedViews
... The continuing European debt crisis has flared up in the past few months as European policymakers struggle to deal with issues related to Greek debt, the recapitalization of European banks, and funding for the European Financial Stability Facility, the euro zone vehicle for making loans to ...
... The continuing European debt crisis has flared up in the past few months as European policymakers struggle to deal with issues related to Greek debt, the recapitalization of European banks, and funding for the European Financial Stability Facility, the euro zone vehicle for making loans to ...
DOC - Europa.eu
... The new deficit targets will be underpinned by a permanent, targeted, spending-based consolidation effort. The government is undertaking a thorough and transparent review of public expenditures to identify savings necessary to meet the 2013-2014 deficit targets. These measures aim at rationalizing ...
... The new deficit targets will be underpinned by a permanent, targeted, spending-based consolidation effort. The government is undertaking a thorough and transparent review of public expenditures to identify savings necessary to meet the 2013-2014 deficit targets. These measures aim at rationalizing ...
Euro zonos ekonomika pirmąjį 2010 metų ketvirtį augo 0,2 proc
... The summary shall contain the world, the EU member states and the Lithuanian economy as their main analysis of the indicators. The euro-zone economic indicators, statistical analysis are based on Eurostat database. Lithuanian economic indicators further comment on corporate VAT returns available dat ...
... The summary shall contain the world, the EU member states and the Lithuanian economy as their main analysis of the indicators. The euro-zone economic indicators, statistical analysis are based on Eurostat database. Lithuanian economic indicators further comment on corporate VAT returns available dat ...
Recessions History
... 2 years government spending due to the Vietnam War led to stagflation in the United States. The Iranian Revolution sharply increased the price of oil around the world in 1979, causing the 1979 energy crisis. This was caused by the new regime in power in Iran, which exported oil at inconsistent inter ...
... 2 years government spending due to the Vietnam War led to stagflation in the United States. The Iranian Revolution sharply increased the price of oil around the world in 1979, causing the 1979 energy crisis. This was caused by the new regime in power in Iran, which exported oil at inconsistent inter ...
GOOD How do we know how things are?
... number by the total number of people in the country. Although it’s an imperfect way to gauge how well people live, at least it’s measurable, and that’s an important consideration. But how do we measure “better off”? How do we quantify “happiness”? Do people in countries with a higher “average GDP pe ...
... number by the total number of people in the country. Although it’s an imperfect way to gauge how well people live, at least it’s measurable, and that’s an important consideration. But how do we measure “better off”? How do we quantify “happiness”? Do people in countries with a higher “average GDP pe ...
PDF
... flush with funds and are actively seeking well-planned and sound construction projects. Home prices have, mercifully, stabilized and mortgage rates have fallen enough to create an incentive for people to buy. Housing starts are now about 70 percent ahead of a year ago and further gains are likely. A ...
... flush with funds and are actively seeking well-planned and sound construction projects. Home prices have, mercifully, stabilized and mortgage rates have fallen enough to create an incentive for people to buy. Housing starts are now about 70 percent ahead of a year ago and further gains are likely. A ...
Recent Economic Developments: September–December 2011
... government expenditure of NIS 6.4 billion relative to the original budget. This is in addition to various decisions that have already been made or are being discussed, which are also expected to raise government expenditure. Despite the increase in total planned expenditure, there is at the moment n ...
... government expenditure of NIS 6.4 billion relative to the original budget. This is in addition to various decisions that have already been made or are being discussed, which are also expected to raise government expenditure. Despite the increase in total planned expenditure, there is at the moment n ...
Presentation to Security Analysts of San Francisco Omni Hotel, San Francisco
... There are many ways to interpret these quarterly numbers. And my own interpretation is that it makes some sense to look at them together—as a high balanced by a low. ...
... There are many ways to interpret these quarterly numbers. And my own interpretation is that it makes some sense to look at them together—as a high balanced by a low. ...
OECD
... Things will get worse before they get better. Nations such as Greece, Spain, and Italy have been forced to finally cut spending. Unfortunately, they’ve raised taxes even more, stifling the private sector. Can a nation re-learn the work ethic and entrepreneurship? Don’t be surprised to see a loss of ...
... Things will get worse before they get better. Nations such as Greece, Spain, and Italy have been forced to finally cut spending. Unfortunately, they’ve raised taxes even more, stifling the private sector. Can a nation re-learn the work ethic and entrepreneurship? Don’t be surprised to see a loss of ...
Colorado to see continued moderate growth in 2012, forecasts CU... July 5, 2012 Richard Wobbekind
... The Colorado economy continues to grow at a modest pace in 2012, positioning the state among the healthier in growth nationally, according to economist Richard Wobbekind of the University of Colorado Boulder’s Leeds School of Business. CUT 1 “The Colorado economy has been growing at a pretty good pa ...
... The Colorado economy continues to grow at a modest pace in 2012, positioning the state among the healthier in growth nationally, according to economist Richard Wobbekind of the University of Colorado Boulder’s Leeds School of Business. CUT 1 “The Colorado economy has been growing at a pretty good pa ...
Press summary (PDF, 123 KB)
... trying to improve their asset positions. This will dampen demand – although to a declining degree – until the end of the forecast period. There are however, a number of supportive factors: fiscal policy is expected to be far less restrictive than in previous years, and structural deficits will fa ...
... trying to improve their asset positions. This will dampen demand – although to a declining degree – until the end of the forecast period. There are however, a number of supportive factors: fiscal policy is expected to be far less restrictive than in previous years, and structural deficits will fa ...
Economically-challenged China balances growth and inflation
... Over the past 30 years, China had experienced four major periods of inflation and one serious period of deflation. The highest CPI rise was 24.1 percent in 1994. The country's CPI had signaled a "yellow light" or cautionary period for nine months since September 2007, indicating lingering inflationa ...
... Over the past 30 years, China had experienced four major periods of inflation and one serious period of deflation. The highest CPI rise was 24.1 percent in 1994. The country's CPI had signaled a "yellow light" or cautionary period for nine months since September 2007, indicating lingering inflationa ...
PDF
... estimate of net personal savings is four percent above the rate calculated by the U.S. Department of Commerce in its national incom e statistics. ...
... estimate of net personal savings is four percent above the rate calculated by the U.S. Department of Commerce in its national incom e statistics. ...
FedViews
... holiday sales were brisk. Sales of light vehicles continued their steady rise following sharp declines during the recession. Real personal consumption expenditures likely increased at about a 4% annual rate in the fourth quarter of 2010. An increase in net exports looks to make a large positive cont ...
... holiday sales were brisk. Sales of light vehicles continued their steady rise following sharp declines during the recession. Real personal consumption expenditures likely increased at about a 4% annual rate in the fourth quarter of 2010. An increase in net exports looks to make a large positive cont ...
Economics 157b Economic History, Policy, and
... Origins of the Great Recession (2007 - ???) • Housing prices peaked in mid 2006 and have fallen about 40 percent. • In 2007, investors suddenly discovered that subprime mortgages were much riskier than had been supposed. • This led to financial problems, especially for highly leveraged financial in ...
... Origins of the Great Recession (2007 - ???) • Housing prices peaked in mid 2006 and have fallen about 40 percent. • In 2007, investors suddenly discovered that subprime mortgages were much riskier than had been supposed. • This led to financial problems, especially for highly leveraged financial in ...
the recession of 2007-2009
... 1. The twenty-year average rate of growth in real GDP prior to the last quarter of 2007 was 2.7% per year.. 2. In short, the answer is housing. Because lenders were eager to make home mortgage loans (first and second mortgages) and housing prices were appreciating, the resulting exceptionally high g ...
... 1. The twenty-year average rate of growth in real GDP prior to the last quarter of 2007 was 2.7% per year.. 2. In short, the answer is housing. Because lenders were eager to make home mortgage loans (first and second mortgages) and housing prices were appreciating, the resulting exceptionally high g ...
7-2 (Key Question) Suppose an economy`s real GDP is $30,000 in
... normal seasonal variation does not signal boom or recession. From decade to decade, the long-term trend (the secular trend) of the U.S. economy has been upward. A period of no GDP growth thus does not mean all is normal, but that the economy is operating below its trend growth of output. Because cap ...
... normal seasonal variation does not signal boom or recession. From decade to decade, the long-term trend (the secular trend) of the U.S. economy has been upward. A period of no GDP growth thus does not mean all is normal, but that the economy is operating below its trend growth of output. Because cap ...
54.8 MONGOLIA - The Heritage Foundation
... closed society ruled by a single-party Communist system into an open society and a dynamic multi-party democracy. This transition has been accompanied by the gradual introduction of free-market reforms and relatively well-maintained political stability. While improving overall relations with the U.S ...
... closed society ruled by a single-party Communist system into an open society and a dynamic multi-party democracy. This transition has been accompanied by the gradual introduction of free-market reforms and relatively well-maintained political stability. While improving overall relations with the U.S ...
The “Rodney Dangerfield” Recovery
... as experiencing a “Rodney Dangerfield Recovery,” named for that profound scholar and comic who, no matter what he did or how well he did it, could get no respect. Rodney may have joined George Burns and Jack Benny in the great comedy club in the sky, but here on earth, alas, nothing has changed. The ...
... as experiencing a “Rodney Dangerfield Recovery,” named for that profound scholar and comic who, no matter what he did or how well he did it, could get no respect. Rodney may have joined George Burns and Jack Benny in the great comedy club in the sky, but here on earth, alas, nothing has changed. The ...
FedViews
... weaker. Reflecting the shortfall of aggregate demand, there is a large cyclical gap in labor markets between the unemployment rate and most estimates of the natural rate of unemployment, that is, the equilibrium rate of unemployment that would cause inflation neither to rise nor fall. This natural r ...
... weaker. Reflecting the shortfall of aggregate demand, there is a large cyclical gap in labor markets between the unemployment rate and most estimates of the natural rate of unemployment, that is, the equilibrium rate of unemployment that would cause inflation neither to rise nor fall. This natural r ...
N/A LIBYA - The Heritage Foundation
... The top income tax rate is 10 percent, but other taxes make the top rate much higher in practice. The top effective corporate tax rate is 20 percent. Taxation has not been enforced effectively since early 2011. Government spending has amounted to 74.7 percent of total output (GDP) over the past thre ...
... The top income tax rate is 10 percent, but other taxes make the top rate much higher in practice. The top effective corporate tax rate is 20 percent. Taxation has not been enforced effectively since early 2011. Government spending has amounted to 74.7 percent of total output (GDP) over the past thre ...
FedViews
... Both home and auto sales have benefited from low interest rates. Looking at key components of manufacturing provides another take on the same issue. Both durable and nondurable goods production fell noticeably during the recession. Durables fell much more sharply, but have recovered more strongly as ...
... Both home and auto sales have benefited from low interest rates. Looking at key components of manufacturing provides another take on the same issue. Both durable and nondurable goods production fell noticeably during the recession. Durables fell much more sharply, but have recovered more strongly as ...