Inequality and Institutions in 20th Century America
... productivity, inequality, and the earnings growth of average workers we are also better able to describe the impact of current trends on economic life. We call the post-World War II institutional arrangements the Treaty of Detroit, after the most famous labor–management agreement of that period. Thi ...
... productivity, inequality, and the earnings growth of average workers we are also better able to describe the impact of current trends on economic life. We call the post-World War II institutional arrangements the Treaty of Detroit, after the most famous labor–management agreement of that period. Thi ...
Lessons Learned? - University of Warwick
... Table 4C shows a significant decline of coal output at the beginning of World War I from a peak of 287 million tons in 1913 to 253 million tons in 1915. One problem was a serious loss of manpower, as miners left to join the armed forces, with employment in mining falling from 1.134 million in 1914 t ...
... Table 4C shows a significant decline of coal output at the beginning of World War I from a peak of 287 million tons in 1913 to 253 million tons in 1915. One problem was a serious loss of manpower, as miners left to join the armed forces, with employment in mining falling from 1.134 million in 1914 t ...
BALANCING FACTOR ENDOWMENT AND COMPOSITION OF
... India, which pursues import substitution strategy and assigns pivotal role to heavy and basic goods industries in growth. This not only raises investment but it also brings about radical change in the production structure. Heavy and basic goods are generally not usable for consumption, and hence, th ...
... India, which pursues import substitution strategy and assigns pivotal role to heavy and basic goods industries in growth. This not only raises investment but it also brings about radical change in the production structure. Heavy and basic goods are generally not usable for consumption, and hence, th ...
Lessons from the Dutch Disease:
... effortless ability to extract wealth from the soil or the sea. Manna from heaven can be a mixed blessing. The argument can be extended to unconditional foreign aid. There are indications that natural-resource-rich countries are more dependent than others on foreign aid, which may actually exacerbat ...
... effortless ability to extract wealth from the soil or the sea. Manna from heaven can be a mixed blessing. The argument can be extended to unconditional foreign aid. There are indications that natural-resource-rich countries are more dependent than others on foreign aid, which may actually exacerbat ...
Institutional Competitiveness in the Global Economy
... This paper is concerned primarily with a third stream of research, which focuses on the effects that neoliberalism has had on socioeconomic outcomes. Much of this work is quantitative, highly technical, and compares socioeconomic performance across the OECD countries. For instance, Hicks and Kenwor ...
... This paper is concerned primarily with a third stream of research, which focuses on the effects that neoliberalism has had on socioeconomic outcomes. Much of this work is quantitative, highly technical, and compares socioeconomic performance across the OECD countries. For instance, Hicks and Kenwor ...
This PDF is a selection from an out-of-print volume from... Bureau of Economic Research Volume Title: The State Of Monetary Economics
... to hard-pressed state and local authorities, their securities, as well as federal ones, should perhaps be legitimized for inclusion in secondary reserves against deposits. Another type of secondary reserve proposal involves special backing for particular types of assets, such as commercial loans, as ...
... to hard-pressed state and local authorities, their securities, as well as federal ones, should perhaps be legitimized for inclusion in secondary reserves against deposits. Another type of secondary reserve proposal involves special backing for particular types of assets, such as commercial loans, as ...
Economic Growth vs
... In this section we present a conceptual scheme to assess the performance of a country in the broad sense as previously stated, i.e., including in the analysis economic and social aspects of ‘life’ of a country. We do not propose a theoretical model; instead our proposal provides mainly an empirical ...
... In this section we present a conceptual scheme to assess the performance of a country in the broad sense as previously stated, i.e., including in the analysis economic and social aspects of ‘life’ of a country. We do not propose a theoretical model; instead our proposal provides mainly an empirical ...
E N conomic Statistics in epal
... involved in the production of the Core Set ○ Plans are currently being implemented to improve coordination of production of economic statistics ...
... involved in the production of the Core Set ○ Plans are currently being implemented to improve coordination of production of economic statistics ...
Democracy Democracy is rare What explains why some countries
... What explains why some countries are democractic and others are not? ...
... What explains why some countries are democractic and others are not? ...
MACRO ECONOMICS I UNIVERSITY OF CALICUT SCHOOL OF DISTANCE EDUCATION
... (A) Credit money (B) Primary money (C) Both primary and credit money (D) General price level 20. In Fisher’s transaction velocity model, one of the following is not an assumption: (A) Velocity of circulation of money is constant (B) The volume of transactions is constant (C) Full employment (D) P is ...
... (A) Credit money (B) Primary money (C) Both primary and credit money (D) General price level 20. In Fisher’s transaction velocity model, one of the following is not an assumption: (A) Velocity of circulation of money is constant (B) The volume of transactions is constant (C) Full employment (D) P is ...
Inflation, Recession, and Stagflation
... firstly, rates of price increase have themselves increased, so that most developed countries now find it common for price level increases,to run well into double figures, and rates of increase in output have begun to ...
... firstly, rates of price increase have themselves increased, so that most developed countries now find it common for price level increases,to run well into double figures, and rates of increase in output have begun to ...
The stock market crash of 2008 caused the Great
... not the one that provides a sound basis on which to build an economic theory. We need to investigate more carefully, the connection between wealth and unemployment over a longer time horizon. That is the purpose of this section. I will focus here on the connection between unemployment and the stock ...
... not the one that provides a sound basis on which to build an economic theory. We need to investigate more carefully, the connection between wealth and unemployment over a longer time horizon. That is the purpose of this section. I will focus here on the connection between unemployment and the stock ...
Country Size, Economic Structure and Transaction Efficiency: A
... richest and the poorest countries is well over 100 fold. Why are there such large income differences across countries? A consensus is yet to be reached. After Solow’s (1966) path-breaking contribution, the human capital model developed by Uzawa (1965) and Lucas (1988) are often considered to be one ...
... richest and the poorest countries is well over 100 fold. Why are there such large income differences across countries? A consensus is yet to be reached. After Solow’s (1966) path-breaking contribution, the human capital model developed by Uzawa (1965) and Lucas (1988) are often considered to be one ...
This PDF is a selection from an out-of-print volume from... Volume Title: The State of Monetary Economics
... marily by purchases and sales, of government likewise between partisans of income-expendiwith operations concen- ture and quantity-theory analysis. Relating the securities of all trated in issues with interest-elastic demand 12 instrument to the target variables in (i) and in order to minimize inter ...
... marily by purchases and sales, of government likewise between partisans of income-expendiwith operations concen- ture and quantity-theory analysis. Relating the securities of all trated in issues with interest-elastic demand 12 instrument to the target variables in (i) and in order to minimize inter ...
1 Peter H. Lindert and Jeffrey G. Williamson 17 March 2011 “Social
... from the income side. This departs from all recent scholarship on early American growth, which has built its real income series from the production side, and then offered price indexes to anybody who wanted to know what those incomes might have cost in current, or “nominal”, prices. Historians will ...
... from the income side. This departs from all recent scholarship on early American growth, which has built its real income series from the production side, and then offered price indexes to anybody who wanted to know what those incomes might have cost in current, or “nominal”, prices. Historians will ...
The Crisis of Capitalism: Keynes Versus Marx
... The relationship between power and ideas is not a simple base-superstructure one. Ideas are not at the mercy of events in any straightforward way. The disciplines which produce theories exhibit stability through time, in their concepts, techniques, and language. That is why paradigm shifts are rare. ...
... The relationship between power and ideas is not a simple base-superstructure one. Ideas are not at the mercy of events in any straightforward way. The disciplines which produce theories exhibit stability through time, in their concepts, techniques, and language. That is why paradigm shifts are rare. ...
Read the Full Article - Independent Institute
... The economic system that actually evolved over the following decades bore only a slight resemblance to the corporativist ideal. This difference was not surprising. Under the prevailing economic system, each corporation, precisely because it was free to determine the conditions of its respective trad ...
... The economic system that actually evolved over the following decades bore only a slight resemblance to the corporativist ideal. This difference was not surprising. Under the prevailing economic system, each corporation, precisely because it was free to determine the conditions of its respective trad ...
UNEMPLOYMENT, VACANCIES, WAGES
... the first store you happen to visit has a little bit of market power over the other stores. Surprisingly, in this uniform setting, these little bits of market power interact so that all firms want to charge the price a monopolist would set. If the price were lower and the same in every store, then eac ...
... the first store you happen to visit has a little bit of market power over the other stores. Surprisingly, in this uniform setting, these little bits of market power interact so that all firms want to charge the price a monopolist would set. If the price were lower and the same in every store, then eac ...
E L conomic Statistics in ao PDR
... independence of statistical information ▪ Semi-centralized 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 ...
... independence of statistical information ▪ Semi-centralized 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 ...
Macro Lect 2-3
... National Expenditure at market prices (GNE) (GNE) = (GDE) + or – YA (GNE) at market prices minus indirect taxes and plus subsidies gives (GNE) at factor cost (GNE) at factor cost minus depreciation (dep) gives Net National Expenditure at factor cost (NNE) which identical to National Income (NY ...
... National Expenditure at market prices (GNE) (GNE) = (GDE) + or – YA (GNE) at market prices minus indirect taxes and plus subsidies gives (GNE) at factor cost (GNE) at factor cost minus depreciation (dep) gives Net National Expenditure at factor cost (NNE) which identical to National Income (NY ...
LEGITIMATING INEQUALITY
... of legitimization systems whether provided by religion in tradition-guided societies or by social science in modern societies. In pre-modern traditional societies, religion served as the predominant, if not nearly the exclusive means of legitimation.8 Religion provides a status to prevailing social ...
... of legitimization systems whether provided by religion in tradition-guided societies or by social science in modern societies. In pre-modern traditional societies, religion served as the predominant, if not nearly the exclusive means of legitimation.8 Religion provides a status to prevailing social ...
Macro Lect 2-1
... National Expenditure at market prices (GNE) (GNE) = (GDE) + or – YA (GNE) at market prices minus indirect taxes and plus subsidies gives (GNE) at factor cost (GNE) at factor cost minus depreciation (dep) gives Net National Expenditure at factor cost (NNE) which identical to National Income (NY ...
... National Expenditure at market prices (GNE) (GNE) = (GDE) + or – YA (GNE) at market prices minus indirect taxes and plus subsidies gives (GNE) at factor cost (GNE) at factor cost minus depreciation (dep) gives Net National Expenditure at factor cost (NNE) which identical to National Income (NY ...
IOSR Journal of Business and Management (IOSR-JBM)
... producing more with the same inputs or producing the same quantity of output with fewer inputs.” (Herrick & Kindleberger, 1983, P.222) Most of the LDCs including Pakistan are taking initiatives to improve their level of technology but still a long way is ahead to reached development. Human resources ...
... producing more with the same inputs or producing the same quantity of output with fewer inputs.” (Herrick & Kindleberger, 1983, P.222) Most of the LDCs including Pakistan are taking initiatives to improve their level of technology but still a long way is ahead to reached development. Human resources ...
Working Papers in Technology Governance and Economic Dynamics no. 49
... 2007). Indeed, it can be argued that economists of almost all persuasions seemed to share one common view: globalization in the form of global financial markets and trade liberalization would greatly benefit the Eastern European countries. Globalization was seen as the main factor in delivering fas ...
... 2007). Indeed, it can be argued that economists of almost all persuasions seemed to share one common view: globalization in the form of global financial markets and trade liberalization would greatly benefit the Eastern European countries. Globalization was seen as the main factor in delivering fas ...
The Finnish Great Depression of the 1990s
... final demand. The real interest rate should have fallen in order to generate other forms of demand, but it was not responsive to the slackness.2 In the model firms respond to the lowering demand and the high real interest rate by cutting the use of capital. Furthermore, as the Finnish labor market w ...
... final demand. The real interest rate should have fallen in order to generate other forms of demand, but it was not responsive to the slackness.2 In the model firms respond to the lowering demand and the high real interest rate by cutting the use of capital. Furthermore, as the Finnish labor market w ...