Employability in a Knowledge
... to this article. Here technological innovation is seen to be the driving force of social change (Kerr et al., 1973). Societies are defined by their ‘stage’ of technological development (Bell, 1973). The shift towards a knowledge economy is interpreted as a new, more complex, stage in the technologic ...
... to this article. Here technological innovation is seen to be the driving force of social change (Kerr et al., 1973). Societies are defined by their ‘stage’ of technological development (Bell, 1973). The shift towards a knowledge economy is interpreted as a new, more complex, stage in the technologic ...
US equities
... In creating their preference lists, our Equity Sector Strategists will utilize multiple research sources including the work of the UBS Investment Bank research team. Stocks designated as Most Preferred or Least Preferred may or may not be covered by UBS Investment Bank Research. Most Preferred stock ...
... In creating their preference lists, our Equity Sector Strategists will utilize multiple research sources including the work of the UBS Investment Bank research team. Stocks designated as Most Preferred or Least Preferred may or may not be covered by UBS Investment Bank Research. Most Preferred stock ...
DES/UTAD
... methodology was devised to measure the impact on an economy of a change such as an increase or decrease in investment. In this study it measures what happens when there is a change in tourist spending. It would be expected that the coefficients that are used are those that occur at the margin. Howev ...
... methodology was devised to measure the impact on an economy of a change such as an increase or decrease in investment. In this study it measures what happens when there is a change in tourist spending. It would be expected that the coefficients that are used are those that occur at the margin. Howev ...
View/Open
... Shift-share analysis is used to examine the growth rate of a given region relative to some base economy, usually the nation. If the shift-share of the ith region is positive (negative) then the region grew at a rate faster (slower) than nation. Shift-share disaggregates growth into two major compone ...
... Shift-share analysis is used to examine the growth rate of a given region relative to some base economy, usually the nation. If the shift-share of the ith region is positive (negative) then the region grew at a rate faster (slower) than nation. Shift-share disaggregates growth into two major compone ...
Long-run Unemployment and Macroeconomic Volatility
... One of the fundamental of the Neoclassical Synthesis is the dichotomy between monetary policy and real aggregate variables in the long-run. According to the Synthesis, variations of nominal variables might have real e¤ects only in the short-run, when adjustments in the economy are prevented by di¤er ...
... One of the fundamental of the Neoclassical Synthesis is the dichotomy between monetary policy and real aggregate variables in the long-run. According to the Synthesis, variations of nominal variables might have real e¤ects only in the short-run, when adjustments in the economy are prevented by di¤er ...
The Impact of Regional and Sectoral Productivity Changes on the U.S. Economy,
... The major part of research in macroeconomics has traditionally emphasized aggregate disturbances as sources of aggregate changes.1 Exceptions to this approach were Long and Plosser (1983), and Horvath (1998, 2000) who posited that because of input-output linkages, productivity disturbances at the le ...
... The major part of research in macroeconomics has traditionally emphasized aggregate disturbances as sources of aggregate changes.1 Exceptions to this approach were Long and Plosser (1983), and Horvath (1998, 2000) who posited that because of input-output linkages, productivity disturbances at the le ...
Labour Productivity of Unincorporated Sole Proprietorships and
... of sources—differences in the size of markets that lead to smaller Canadian firms or shorter production runs; higher prices of capital relative to labour that give rise to less capital per worker; or differences in managerial efficiency. This paper contributes to our understanding of the importance ...
... of sources—differences in the size of markets that lead to smaller Canadian firms or shorter production runs; higher prices of capital relative to labour that give rise to less capital per worker; or differences in managerial efficiency. This paper contributes to our understanding of the importance ...
BNDES - International Economic Association
... Investiments supported by BNDES / Total national investiment (GFCF) ...
... Investiments supported by BNDES / Total national investiment (GFCF) ...
Microsoft Word - Ulster Institutional Repository
... their predecessors who lived half a century earlier, their progeny who live today, half a century later, are three times richer than them. This paper is about understanding the forces behind this upsurge in economic growth in the post-colonial period, with a special focus on the policies and institu ...
... their predecessors who lived half a century earlier, their progeny who live today, half a century later, are three times richer than them. This paper is about understanding the forces behind this upsurge in economic growth in the post-colonial period, with a special focus on the policies and institu ...
![This article was downloaded by: [Agencia Valenciana del Turisme], [Carmen... On: 25 July 2014, At: 01:34](http://s1.studyres.com/store/data/007824138_1-6a3b6a7b1e09d9e687f729d074b894ff-300x300.png)
This article was downloaded by: [Agencia Valenciana del Turisme], [Carmen... On: 25 July 2014, At: 01:34
... industrial and agricultural sectors as well as the net remittances from the Lebanese Diaspora living abroad. Although the country has a free-market economy, the investment environment has been negatively impacted for years as a result of the existence of corruption, high taxes and breakable intellec ...
... industrial and agricultural sectors as well as the net remittances from the Lebanese Diaspora living abroad. Although the country has a free-market economy, the investment environment has been negatively impacted for years as a result of the existence of corruption, high taxes and breakable intellec ...
Some Monetary Facts - Federal Reserve Bank of Minneapolis
... countries and cover a shorter time period than does our study. For example, using a pooled time series-cross-sectional regression, Vogel (1974, p. 112) finds that "an increase in the rate of growth of the money supply causes a proportionate increase in the rate of inflation within two years." The co ...
... countries and cover a shorter time period than does our study. For example, using a pooled time series-cross-sectional regression, Vogel (1974, p. 112) finds that "an increase in the rate of growth of the money supply causes a proportionate increase in the rate of inflation within two years." The co ...
ESTIMATING THE UNDERGROUND ECONOMY IN TURKEY Fethi ÖĞÜNÇ (Statistician)
... sector refers to very small-scale units producing and distributing goods and services and consisting of both employed workers and independent self-employed persons in both rural and urban areas. They are informal in the sense that they are mostly unregistered, unrecorded in official statistics; and ...
... sector refers to very small-scale units producing and distributing goods and services and consisting of both employed workers and independent self-employed persons in both rural and urban areas. They are informal in the sense that they are mostly unregistered, unrecorded in official statistics; and ...
A Path-Dependent Deadlock: Institutional
... decisions that only lead to marginal changes to the status quo. Within these parameters, the possibilities of institutional change within the EMU regime are rather limited. Change is reduced to a perpetuation of past trajectories.11 An institutionalist approach therefore conceives of the EMU regime ...
... decisions that only lead to marginal changes to the status quo. Within these parameters, the possibilities of institutional change within the EMU regime are rather limited. Change is reduced to a perpetuation of past trajectories.11 An institutionalist approach therefore conceives of the EMU regime ...
Principles of Economics Third Edition by Fred Gottheil
... • Suppose equilibrium Y = $1.0 trillion, fullemployment Y = $1.4 trillion, and MPC = 0.8. If you want to achieve a full employment level of Y and don’t worry about running deficit budgets, what would you do and why. If you want to keep the budget balanced and still get to full employment Y, what mus ...
... • Suppose equilibrium Y = $1.0 trillion, fullemployment Y = $1.4 trillion, and MPC = 0.8. If you want to achieve a full employment level of Y and don’t worry about running deficit budgets, what would you do and why. If you want to keep the budget balanced and still get to full employment Y, what mus ...
F estudios y perspectivas 10 oreign Investment in
... The Mexican economy has grown slowly since 1982. GDP growth rates have been low, development has been unstable, and the economy has been subject to the effects of recurrent balance of payments crises. In the 1983-1987 period, productive activity stagnated, and the recovery that began in 1988 — with ...
... The Mexican economy has grown slowly since 1982. GDP growth rates have been low, development has been unstable, and the economy has been subject to the effects of recurrent balance of payments crises. In the 1983-1987 period, productive activity stagnated, and the recovery that began in 1988 — with ...
Shocks - College of Business
... 4. Time Bunching—the tendency of economic activities to be coordinated at common points in time. It pays to coordinate your economic activities with those of others. Bunching also causes shocks to spread through the economy through time. • Example: Suppose a negative economic shock arrives and t ...
... 4. Time Bunching—the tendency of economic activities to be coordinated at common points in time. It pays to coordinate your economic activities with those of others. Bunching also causes shocks to spread through the economy through time. • Example: Suppose a negative economic shock arrives and t ...
How Much of South Korea’s Growth Miracle Can be Michelle Connolly
... in comparative advantage. Two additional features of the model are that some goods are produced in multiple stages and investment goods are tradable. These features allow the calibrated model to capture important features of the Korean data. In the model, lower tariffs raise efficiency because it faci ...
... in comparative advantage. Two additional features of the model are that some goods are produced in multiple stages and investment goods are tradable. These features allow the calibrated model to capture important features of the Korean data. In the model, lower tariffs raise efficiency because it faci ...
Transformation in economics
Transformation in economics refers to a long-term change in dominant economic activity in terms of prevailing relative engagement or employment of able individuals.Human economic systems undergo a number of deviations and departures from the ""normal"" state, trend or development. Among them are Disturbance (short-term disruption, temporary disorder), Perturbation (persistent or repeated divergence, predicament, decline or crisis), Deformation (damage, regime change, loss of self-sustainability, distortion), Transformation (long-term change, restructuring, conversion, new “normal”) and Renewal (rebirth, transmutation, corso-ricorso, renaissance, new beginning).Transformation is a unidirectional and irreversible change in dominant human economic activity (economic sector). Such change is driven by slower or faster continuous improvement in sector productivity growth rate. Productivity growth itself is fueled by advances in technology, inflow of useful innovations, accumulated practical knowledge and experience, levels of education, viability of institutions, quality of decision making and organized human effort. Individual sector transformations are the outcomes of human socio-economic evolution.Human economic activity has so far undergone at least four fundamental transformations:From nomadic hunting and gathering (H/G) to localized agricultureFrom localized agriculture (A) to internationalized industryFrom international industry (I) to global servicesFrom global services (S) to public sector (including government, welfare and unemployment, GWU)This evolution naturally proceeds from securing necessary food, through producing useful things, to providing helpful services, both private and public (See H/G→A→I→S→GWU sequence in Fig. 1). Accelerating productivity growth rates speed up the transformations, from millennia, through centuries, to decades of the recent era. It is this acceleration which makes transformation relevant economic category of today, more fundamental in its impact than any recession, crisis or depression. The evolution of four forms of capital (Indicated in Fig. 1) accompanies all economic transformations.Transformation is quite different from accompanying cyclical recessions and crises, despite the similarity of manifested phenomena (unemployment, technology shifts, socio-political discontent, bankruptcies, etc.). However, the tools and interventions used to combat crisis are clearly ineffective for coping with non-cyclical transformations. The problem is whether we face a mere crisis or a fundamental transformation (globalization→relocalization).