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Capital markets and capital Economics of Transition Volume 12 (4) 2004, 593–634
... in highly firm-specific ways that convey information about changes in firms’ marginal value of investment. This information facilitates the rapid flow of capital to its highest value uses. In contrast, stock prices in low-income countries tend to move up and down en masse, and thus are of scant use ...
... in highly firm-specific ways that convey information about changes in firms’ marginal value of investment. This information facilitates the rapid flow of capital to its highest value uses. In contrast, stock prices in low-income countries tend to move up and down en masse, and thus are of scant use ...
SMS211 - National Open University of Nigeria
... broad aggregates including total employment, national income, inflation, and foreign trade, among others. Both branches of economics deal with price and income determination, as well as the use of scarce resources. Microeconomics however, concentrates on the analysis of individual product prices and ...
... broad aggregates including total employment, national income, inflation, and foreign trade, among others. Both branches of economics deal with price and income determination, as well as the use of scarce resources. Microeconomics however, concentrates on the analysis of individual product prices and ...
Structural Reform in Germany
... school in Germany and less than 40 percent of the children ages 3 to 6 attend a full-day child care program. We consider a public program that expands access to full-day facilities so that after the reform 80 percent of children in Germany attend full-day child care or full-day schools. To achieve t ...
... school in Germany and less than 40 percent of the children ages 3 to 6 attend a full-day child care program. We consider a public program that expands access to full-day facilities so that after the reform 80 percent of children in Germany attend full-day child care or full-day schools. To achieve t ...
The Politics of Investment Partisanship and the Sectoral Allocation of
... in FDI performance unexplained. Recent academic work has analyzed the effect of politics on investment decisions within an individual industry (see Levy and Spiller 1994, Henisz and Zelner 2001, Henisz 2002, among others). However, we are not aware of any study that looks at this relationship over m ...
... in FDI performance unexplained. Recent academic work has analyzed the effect of politics on investment decisions within an individual industry (see Levy and Spiller 1994, Henisz and Zelner 2001, Henisz 2002, among others). However, we are not aware of any study that looks at this relationship over m ...
HOW I TAUGHT THE HISTORY OF ECONOMIC THOUGHT
... relatively more on the lectures than on the reading assignments. My overall objectives in teaching the history of economic thought courses included, first and foremost, that the students learn the emerging content of the history of economic thought from ancient to modern times. I made it clear that ...
... relatively more on the lectures than on the reading assignments. My overall objectives in teaching the history of economic thought courses included, first and foremost, that the students learn the emerging content of the history of economic thought from ancient to modern times. I made it clear that ...
... This national summary was prepared by ESCAP Statistics Division in November, 2013. Results of the Capacity Screening questionnaire were received in November, 2013 from 50 of the 58 member countries who were contacted. Further information on RPES and the Core Set is available here: http://www.unescap ...
Thomas Mun - a man more sinned against than... Economic theorists throughout history have delighted in ... Robert Murphy Senior Sophister
... process, the interference of merchants, whom Smith alleges were "an order of men whose interest is never the same with that of the public", in economic activity, led Smith to view mercantilism as a perversion of his idea of natural liberty. That is, not only did such policies lead to a misallocation ...
... process, the interference of merchants, whom Smith alleges were "an order of men whose interest is never the same with that of the public", in economic activity, led Smith to view mercantilism as a perversion of his idea of natural liberty. That is, not only did such policies lead to a misallocation ...
cuba and vietnam: a new analysis of economic reforms
... experience-sharing meetings is based on identifying subjects that are important and relevant to development in Cuba and Vietnam, and the studies presented at the meetings deal with these subjects and analyze the experience of these two countries in the area in question. In this way the experience in ...
... experience-sharing meetings is based on identifying subjects that are important and relevant to development in Cuba and Vietnam, and the studies presented at the meetings deal with these subjects and analyze the experience of these two countries in the area in question. In this way the experience in ...
The role of automatic stabilizers in the U.S. business cycle
... higher propensity to spend them, transfers stabilize fluctuations. However, transfers greatly raise the volatility of aggregate consumption. Because they provide social insurance against idiosyncratic shocks, they induce fewer savings. Even though transfers lower the volatility of household consump ...
... higher propensity to spend them, transfers stabilize fluctuations. However, transfers greatly raise the volatility of aggregate consumption. Because they provide social insurance against idiosyncratic shocks, they induce fewer savings. Even though transfers lower the volatility of household consump ...
S3.1b
... High attention from political bodies to monitor the progress Direct involvement of high level management Work at technical level to sustain the approach and promote the actions Supporting legislation Methodological developments (chain linking in quarterly accounts, quality aspects in consu ...
... High attention from political bodies to monitor the progress Direct involvement of high level management Work at technical level to sustain the approach and promote the actions Supporting legislation Methodological developments (chain linking in quarterly accounts, quality aspects in consu ...
Trade Policy and America`s Standard of Living: An Historical
... went through waves of protection and liberalization, as the federal government’s demands for revenue and industry pressure for protection waxed and waned. Some advocates of protection then as now argued that it would enhance economic development: translated into the language of modern economics, the ...
... went through waves of protection and liberalization, as the federal government’s demands for revenue and industry pressure for protection waxed and waned. Some advocates of protection then as now argued that it would enhance economic development: translated into the language of modern economics, the ...
NBER WORKING PAPER SERIES PRODUCTIVITY GROWTH AND CAPITAL FLOWS: Francisco J. Buera
... resources. The rise is gradual and persistent because the underdeveloped domestic financial markets can reallocate capital only slowly over time. Productive-but-poor individuals have to work for wage for a while before they can save up enough collateral and enter into entrepreneurship. In addition, ...
... resources. The rise is gradual and persistent because the underdeveloped domestic financial markets can reallocate capital only slowly over time. Productive-but-poor individuals have to work for wage for a while before they can save up enough collateral and enter into entrepreneurship. In addition, ...
esp09 Katsimi 9675206 en
... run” has also been recognized by influential studies regarding, for instance, developments in the labour market (e.g. Sachs, 1979; Bruno and Sachs, 1985; Blanchard, 1997). A common thread of these studies is the evolution of factor shares following the oil price shocks in the 1970s and its implicati ...
... run” has also been recognized by influential studies regarding, for instance, developments in the labour market (e.g. Sachs, 1979; Bruno and Sachs, 1985; Blanchard, 1997). A common thread of these studies is the evolution of factor shares following the oil price shocks in the 1970s and its implicati ...
EMPLOYMENT AND UNEMPLOYMENT
... 2. Joe performed 15 hours of unpaid work on his family farm. He would be considered to be an ____________ person, according to the BLS. 3. Marwan lost his job as an airline mechanic, and has been sending out his resume to other potential employers. He would be willing to start working in a new job i ...
... 2. Joe performed 15 hours of unpaid work on his family farm. He would be considered to be an ____________ person, according to the BLS. 3. Marwan lost his job as an airline mechanic, and has been sending out his resume to other potential employers. He would be willing to start working in a new job i ...
Investment, Capacity, and Uncertainty: A Putty-Clay Approach 1 FRBSF Working Paper 2002-03
... the putty-clay framework limits such reallocation benefits. As a result, the longrun expansionary effects of increased uncertainty are lower in the putty-clay model vis--vis the putty-putty alternative. The dynamic response to a change in the variance of project outcomes differs significantly from that ...
... the putty-clay framework limits such reallocation benefits. As a result, the longrun expansionary effects of increased uncertainty are lower in the putty-clay model vis--vis the putty-putty alternative. The dynamic response to a change in the variance of project outcomes differs significantly from that ...
Chapter 23 Employment and Unemployment
... 2. Joe performed 15 hours of unpaid work on his family farm. He would be considered to be an ____________ person, according to the BLS. 3. Marwan lost his job as an airline mechanic, and has been sending out his resume to other potential employers. He would be willing to start working in a new job i ...
... 2. Joe performed 15 hours of unpaid work on his family farm. He would be considered to be an ____________ person, according to the BLS. 3. Marwan lost his job as an airline mechanic, and has been sending out his resume to other potential employers. He would be willing to start working in a new job i ...
THE MIXED ECONOMY IN CHINA: THROUGH
... regulation. In this model, the market will decide prices in general, and governments will make decisions on macroeconomic policies and deal with market failures. In practice, many nations unintentionally are carrying out certain kinds of mixed economies. Before the Industrial Revolution, Adam Smith ...
... regulation. In this model, the market will decide prices in general, and governments will make decisions on macroeconomic policies and deal with market failures. In practice, many nations unintentionally are carrying out certain kinds of mixed economies. Before the Industrial Revolution, Adam Smith ...
Financial Development, Human Capital, and Economic Growth: New
... The causal relationship between financial development and human capital on economic growth has being of great interest in the recent past. While most theoretical and empirical work support the view that vibrant and efficient financial development are channel to support and increase economic growth, ...
... The causal relationship between financial development and human capital on economic growth has being of great interest in the recent past. While most theoretical and empirical work support the view that vibrant and efficient financial development are channel to support and increase economic growth, ...
Paper Title:
... development reaches a certain level, a sudden economic crisis on the one hand or the rise of middle class on the other hand inevitably challenges the authoritarian regime to transform into a democratic government.8 Basically, economic demand is basic needs for people living in the society that is hi ...
... development reaches a certain level, a sudden economic crisis on the one hand or the rise of middle class on the other hand inevitably challenges the authoritarian regime to transform into a democratic government.8 Basically, economic demand is basic needs for people living in the society that is hi ...
Economics HL paper 2
... For drawing an accurate, labelled PPC diagram showing an increase in production possibilities (outward shift of the PPC) or an increase in actual output (movement of a point towards the curve) or for an explanation that micro-credit may allow for an increase in the actual output of the economy or an ...
... For drawing an accurate, labelled PPC diagram showing an increase in production possibilities (outward shift of the PPC) or an increase in actual output (movement of a point towards the curve) or for an explanation that micro-credit may allow for an increase in the actual output of the economy or an ...
CYCLICAL INDICATORS IN ARGENTINA A Tool for Monitoring
... to the turning point program, Alert-2 was reached (in September 1992) without first passing through Alert-1, and the warning then faded without Confirmation (the accumulated drop in the coincident indicator reached 3.6%). Table 4 shows the historical performance of the recession signal system. ...
... to the turning point program, Alert-2 was reached (in September 1992) without first passing through Alert-1, and the warning then faded without Confirmation (the accumulated drop in the coincident indicator reached 3.6%). Table 4 shows the historical performance of the recession signal system. ...
Business Essentials, 9e (Ebert/Griffin) Chapter 1 The U.S. Business
... A) total money taken in by a corporation B) increases in income from year to year C) increases in a corporation's stock price D) revenue generated by goods and services E) difference between revenues and expenses Answer: E Explanation: E) Profits represent the difference between an organization's re ...
... A) total money taken in by a corporation B) increases in income from year to year C) increases in a corporation's stock price D) revenue generated by goods and services E) difference between revenues and expenses Answer: E Explanation: E) Profits represent the difference between an organization's re ...
MOBILITY OF PRIMARY FACTORS AND ITS EFFECTS ON
... This paper investigates the effects of primary production factor mobility on economic growth and welfare generated by the interest rate equalization policy (ETJ) in the agricultural sector in the Brazilian regions. This study uses the General Equilibrium Analysis Project for the Brazilian Economy (P ...
... This paper investigates the effects of primary production factor mobility on economic growth and welfare generated by the interest rate equalization policy (ETJ) in the agricultural sector in the Brazilian regions. This study uses the General Equilibrium Analysis Project for the Brazilian Economy (P ...
Modeling the Unemployment Rate at the Eu Level
... identify convergence clubs in unemployment dynamics. The first comprises the Baltic States, Hungary, and Poland, and the second group of countries is composed of the Czech Republic and Slovakia. Interestingly, this classification matches the labor market policies and institutional divergences observed ...
... identify convergence clubs in unemployment dynamics. The first comprises the Baltic States, Hungary, and Poland, and the second group of countries is composed of the Czech Republic and Slovakia. Interestingly, this classification matches the labor market policies and institutional divergences observed ...