Economic Lectures
... Housing has likewise changed qualitatively over time. The average American house at the end of the twentieth century was much larger, had more bathrooms, and was far more likely to have air conditioning and other amenities than houses which existed in the United States in the middle of that century ...
... Housing has likewise changed qualitatively over time. The average American house at the end of the twentieth century was much larger, had more bathrooms, and was far more likely to have air conditioning and other amenities than houses which existed in the United States in the middle of that century ...
UNIT 1 - GUNS and ROSES
... Price elasticity (sensitivity) of demand for goods and services, firms’ production behavior, cost functions, income inequality, and protectionism, are topics discussed in _____ (fill in the blank). ...
... Price elasticity (sensitivity) of demand for goods and services, firms’ production behavior, cost functions, income inequality, and protectionism, are topics discussed in _____ (fill in the blank). ...
Economic Growth
... The demand for goods in the Solow model comes from consumption and investment. Y/L = C/L + I/L y = c + i; output per worker is divided between consumption per worker and investment per worker The Solow model assumes that each year people save a constant fraction s of their income and consume (1-s) ...
... The demand for goods in the Solow model comes from consumption and investment. Y/L = C/L + I/L y = c + i; output per worker is divided between consumption per worker and investment per worker The Solow model assumes that each year people save a constant fraction s of their income and consume (1-s) ...
PDF
... reducing the direct (and indirect) costs of producing, transporting, and delivering goods and services to consumers [see Aschauer, 1989; Albala-Bertrand and Mamatzakis, 2001; Barro, 1990; Cardoso, 1993; Green and Villanueva, 1991; Hermes and Lensink, 2004; Khan and Reinhart, 1990; Moguillansky, 1996 ...
... reducing the direct (and indirect) costs of producing, transporting, and delivering goods and services to consumers [see Aschauer, 1989; Albala-Bertrand and Mamatzakis, 2001; Barro, 1990; Cardoso, 1993; Green and Villanueva, 1991; Hermes and Lensink, 2004; Khan and Reinhart, 1990; Moguillansky, 1996 ...
Consequence of Innovation: About Twenty
... absorb excess cash. In terms of value of gold all goods and ser vices dropped in price by some 20% in 2011 alone. Conversation over the uselessness of gold is but an effor t to protect the value of cash. OK. But what about the cheap dollar? Twenty-first centur y deflation is global. In a world flush ...
... absorb excess cash. In terms of value of gold all goods and ser vices dropped in price by some 20% in 2011 alone. Conversation over the uselessness of gold is but an effor t to protect the value of cash. OK. But what about the cheap dollar? Twenty-first centur y deflation is global. In a world flush ...
Chapter 2
... that: a. the quantity of consumer goods produced can never be zero. b. the labor force in the economy is homogeneous. c. greater amounts of capital goods must be sacrificed to produce an additional 2 units of consumer goods. d. a graph of the production data is a downward-sloping straight line. 5. A ...
... that: a. the quantity of consumer goods produced can never be zero. b. the labor force in the economy is homogeneous. c. greater amounts of capital goods must be sacrificed to produce an additional 2 units of consumer goods. d. a graph of the production data is a downward-sloping straight line. 5. A ...
Throughout the interwar period the United States had
... attack on Pearl Harbor, changes were made in the administrative machinery. The War Production Board (WPB) replaced several prewar agencies and concentrated its efforts in the allocation of raw and semifinished materials among producers. The Office of Price Administration (OPA) was made a separate ag ...
... attack on Pearl Harbor, changes were made in the administrative machinery. The War Production Board (WPB) replaced several prewar agencies and concentrated its efforts in the allocation of raw and semifinished materials among producers. The Office of Price Administration (OPA) was made a separate ag ...
Nebraska Monthly Economic Indicators: August 15, 2014
... Performance of the LEI-N and CEI-N Further information is available on both economic indicators to demonstrate how well the CEI-N tracks the Nebraska economy and how well the LEI-N leads the CEI-N. Figure 8 shows the value of CEI-N and the real gross state product (real GDP) in Nebraska for 2001 th ...
... Performance of the LEI-N and CEI-N Further information is available on both economic indicators to demonstrate how well the CEI-N tracks the Nebraska economy and how well the LEI-N leads the CEI-N. Figure 8 shows the value of CEI-N and the real gross state product (real GDP) in Nebraska for 2001 th ...
Real Business Cycle Theory
... This is the approach adopted by real business cycle (RBC) theory: to keep the fundamental assumption of a Walrasian model where households maximize utility, perfectly-competitive firms maximize profits, and all agents access to the same information.2 Traditional Keynesian models (such as the IS/MP ...
... This is the approach adopted by real business cycle (RBC) theory: to keep the fundamental assumption of a Walrasian model where households maximize utility, perfectly-competitive firms maximize profits, and all agents access to the same information.2 Traditional Keynesian models (such as the IS/MP ...
Economic Globalization Indicators
... Sstratified sample according to: Group (IN, OUT) ISIC Economic activities – Two digits Size – Total revenues ...
... Sstratified sample according to: Group (IN, OUT) ISIC Economic activities – Two digits Size – Total revenues ...
The Economic Value of the University of Northern Iowa
... purchases, as their annual output value. Labor income includes the wages and salaries of employees, along with normal proprietor payments for the management of their businesses. Labor income also includes the value of all employer‐provided benefits. Value added is the most appropriate measure o ...
... purchases, as their annual output value. Labor income includes the wages and salaries of employees, along with normal proprietor payments for the management of their businesses. Labor income also includes the value of all employer‐provided benefits. Value added is the most appropriate measure o ...
Social Theory and the Transformation of Capitalism in the Twentieth
... bureaucracies are also being leveled through efforts to make organizational decision making more efficient, to unburden responsibility from centers of authority and to enhance the flexibility of organizations by locating decision making authority closer to the origin of the problem (i.e., by reinteg ...
... bureaucracies are also being leveled through efforts to make organizational decision making more efficient, to unburden responsibility from centers of authority and to enhance the flexibility of organizations by locating decision making authority closer to the origin of the problem (i.e., by reinteg ...
Economic Models and Unemployment
... As output falls the demand for labour falls, thus increasing unemployment levels. Illustrated as a movement away from the frontier line. ...
... As output falls the demand for labour falls, thus increasing unemployment levels. Illustrated as a movement away from the frontier line. ...
NOTES ON CONTEMPORARY IMPERIALISM Phases of Imperialism
... has the effect of undermining the autonomy of the nation-State. The State cannot do what it wishes to do, or what its elected government has been elected to do, since it must do what finance wishes it to do. It is in the nature of finance capital to oppose any State intervention, other than that wh ...
... has the effect of undermining the autonomy of the nation-State. The State cannot do what it wishes to do, or what its elected government has been elected to do, since it must do what finance wishes it to do. It is in the nature of finance capital to oppose any State intervention, other than that wh ...
Where are the Jobs? Connecticut Struggles to Regain Its Economic Health
... unemployment rate would be 10.7%. And, if participation were at its historical high, the unemployment rate would be dramatically higher still. Nearly 65,000 working-age adults simply stopped looking for employment during the last three years. In short, while Connecticut’s sluggish recovery has faile ...
... unemployment rate would be 10.7%. And, if participation were at its historical high, the unemployment rate would be dramatically higher still. Nearly 65,000 working-age adults simply stopped looking for employment during the last three years. In short, while Connecticut’s sluggish recovery has faile ...
Circular Flow: Drawing Further Inspiration from William Harvey
... its inspiration directly from the human body (or at least its upper half) in the spirit of Quesnay and Phillips.6 It its core form, this is a closed economy model, analogous to the global economic and financial system.7 And, in the spirit of classical economics, it posits classes of households. Thes ...
... its inspiration directly from the human body (or at least its upper half) in the spirit of Quesnay and Phillips.6 It its core form, this is a closed economy model, analogous to the global economic and financial system.7 And, in the spirit of classical economics, it posits classes of households. Thes ...
Good Govn.-ACOA Conference
... allow for participation and inclusiveness; it is about roles in the building of a just and equitable society. As such, the contractual obligation of each is defined. Against this background, constitutionalism and institutionalism are inevitable to ensure equity, probity, and accountability. These ar ...
... allow for participation and inclusiveness; it is about roles in the building of a just and equitable society. As such, the contractual obligation of each is defined. Against this background, constitutionalism and institutionalism are inevitable to ensure equity, probity, and accountability. These ar ...
Labor Markets
... A temporary shock creates a small income effect and, therefore, no change in labor supply. If the shock were more permanent, a rise in labor supply would push the real wage even lower ...
... A temporary shock creates a small income effect and, therefore, no change in labor supply. If the shock were more permanent, a rise in labor supply would push the real wage even lower ...
GTAP Resource 5275
... sustainable or not. To answer such questions is important and interesting for policy making. In general, one of the most effective measures to increase GDP under population decline is to increase in efficiency of industrial production (Solow, 1956; Swan, 1956; Yoshikawa, 2016). Research and developm ...
... sustainable or not. To answer such questions is important and interesting for policy making. In general, one of the most effective measures to increase GDP under population decline is to increase in efficiency of industrial production (Solow, 1956; Swan, 1956; Yoshikawa, 2016). Research and developm ...
EU Economic Policy Surveillance of Member States
... • the Eurogroup monitor and coordinate fiscal policies of the euro area Member States and the aggregate fiscal stance for the euro area as a whole to ensure a growth friendly and differentiated fiscal policy, including discussing the Commission opinions of the draft budgets of the euro area countri ...
... • the Eurogroup monitor and coordinate fiscal policies of the euro area Member States and the aggregate fiscal stance for the euro area as a whole to ensure a growth friendly and differentiated fiscal policy, including discussing the Commission opinions of the draft budgets of the euro area countri ...
This PDF is a selection from an out-of-print volume from... Bureau of Economic Research Volume Title: Conference on Business Cycles
... happened that the Council of Economic Advisers in their Report of January 1949 expressed the opinion that "stabilization policy for the immediate future is still concerned mainly with restraining inflationary forces" (p. 74), four or five months after price inflation had reached its peak and the dep ...
... happened that the Council of Economic Advisers in their Report of January 1949 expressed the opinion that "stabilization policy for the immediate future is still concerned mainly with restraining inflationary forces" (p. 74), four or five months after price inflation had reached its peak and the dep ...
Consumption and Investment
... The entire lifetime profile of the labor income of each member—after the applicable taxes, The present and future extent and terms of any credit available, and The future emergencies, opportunities, and social pressures which might affect its consumption spending. ...
... The entire lifetime profile of the labor income of each member—after the applicable taxes, The present and future extent and terms of any credit available, and The future emergencies, opportunities, and social pressures which might affect its consumption spending. ...
Minnesota County Economies Continued Recovery in 2015
... County Economies 2015 reminds us that the national picture of the U.S. economy can obscure what is happening locally. Economic growth is spreading, but most county economies have not recovered to levels seen before the recession. ...
... County Economies 2015 reminds us that the national picture of the U.S. economy can obscure what is happening locally. Economic growth is spreading, but most county economies have not recovered to levels seen before the recession. ...
The Case of Greece (1960-1989), by E. Ioakimoglou and
... based upon the distinction between internal and external determinations. One understands internal determinations as the necessary relations in a given type of society, which remain unchanged and are constantly present, regardless of all the changes in historical development. These relations are pres ...
... based upon the distinction between internal and external determinations. One understands internal determinations as the necessary relations in a given type of society, which remain unchanged and are constantly present, regardless of all the changes in historical development. These relations are pres ...