Trade and Development Report, 2012
... Income inequality between countries and individuals, 1963–2009............................................... 63 Wealth and income Gini coefficients in selected countries........................................................... 66 Wage gap between men and women, 1985–2010.......................... ...
... Income inequality between countries and individuals, 1963–2009............................................... 63 Wealth and income Gini coefficients in selected countries........................................................... 66 Wage gap between men and women, 1985–2010.......................... ...
LCcarG572_en.pdf
... figures and receipts growing rapidly in recent years. There has been an increase in activity in hotel construction which has also accounted for employing around 35 per cent of the population. Another activity which contributed significantly to the economy is the well-developed offshore financial ser ...
... figures and receipts growing rapidly in recent years. There has been an increase in activity in hotel construction which has also accounted for employing around 35 per cent of the population. Another activity which contributed significantly to the economy is the well-developed offshore financial ser ...
rent seeking and the resource curse - UCSB Economics
... capita GDP in 2000 was 30% lower than in 1965, despite oil revenues of roughly $350 billion (1995$) during the intervening period.1 Lane and Tornell (1996) note that oil-rich Venezuela’s terms of trade rose 13.7% per year during 1970-1990, while per capita output declined at a rate of 1.4% per year. ...
... capita GDP in 2000 was 30% lower than in 1965, despite oil revenues of roughly $350 billion (1995$) during the intervening period.1 Lane and Tornell (1996) note that oil-rich Venezuela’s terms of trade rose 13.7% per year during 1970-1990, while per capita output declined at a rate of 1.4% per year. ...
Bade_Parkin_Macro_Lecture_CH05
... and oranges produced in 2000 using prices in 2000. Value of apples = 60 apples x $0.50 = $30 Value of oranges = 80 oranges x $0.25 = $20 Nominal GDP in 2000 = $30 + $20 = $50 ...
... and oranges produced in 2000 using prices in 2000. Value of apples = 60 apples x $0.50 = $30 Value of oranges = 80 oranges x $0.25 = $20 Nominal GDP in 2000 = $30 + $20 = $50 ...
Chapter5
... and oranges produced in 2000 using prices in 2000. Value of apples = 60 apples x $0.50 = $30 Value of oranges = 80 oranges x $0.25 = $20 Nominal GDP in 2000 = $30 + $20 = $50 ...
... and oranges produced in 2000 using prices in 2000. Value of apples = 60 apples x $0.50 = $30 Value of oranges = 80 oranges x $0.25 = $20 Nominal GDP in 2000 = $30 + $20 = $50 ...
ch20lecture
... and oranges produced in 2000 using prices in 2000. Value of apples = 60 apples x $0.50 = $30 Value of oranges = 80 oranges x $0.25 = $20 Nominal GDP in 2000 = $30 + $20 = $50 ...
... and oranges produced in 2000 using prices in 2000. Value of apples = 60 apples x $0.50 = $30 Value of oranges = 80 oranges x $0.25 = $20 Nominal GDP in 2000 = $30 + $20 = $50 ...
PDF version - Association for the Study of the Cuban Economy
... Another important element of the Salvadoran remittance landscape is the growing importance of Hometown Associations (HTAs) within immigrant communities. In 2003, there were an estimated 213 active Salvadoran associations in the United States— including 142 in Los Angeles alone (Mojica & Sanabria, 20 ...
... Another important element of the Salvadoran remittance landscape is the growing importance of Hometown Associations (HTAs) within immigrant communities. In 2003, there were an estimated 213 active Salvadoran associations in the United States— including 142 in Los Angeles alone (Mojica & Sanabria, 20 ...
2017 Budget assumptions - Casa de Bolsa Banorte Ixe
... and prices (US$35 per barrel vs. US$49 per barrel in 2016). The MoF expects an economic expansion between 2.6% to 3.6% in the next two years. The estimated for Mexico’s economic growth this year was unchanged in a range between 2.6% and 3.6%, while the MoF posted a similar growth forecast for 2017 t ...
... and prices (US$35 per barrel vs. US$49 per barrel in 2016). The MoF expects an economic expansion between 2.6% to 3.6% in the next two years. The estimated for Mexico’s economic growth this year was unchanged in a range between 2.6% and 3.6%, while the MoF posted a similar growth forecast for 2017 t ...
Malaysia - OECD.org
... productivity; lifting the bottom 40% households towards a middle-class society; enabling industry-led technical and vocational education and training; embarking on green growth; translating innovation to wealth; and investing in competitive cities. To a large extent, these strategic thrusts and game ...
... productivity; lifting the bottom 40% households towards a middle-class society; enabling industry-led technical and vocational education and training; embarking on green growth; translating innovation to wealth; and investing in competitive cities. To a large extent, these strategic thrusts and game ...
8 - Weber State University
... 1) Continuous inflation in the long run requires repeated ____________ shifts of the AD curve caused by a continuous increase in the ____________. A) leftward; government expenditures B) rightward; nominal money supply C) inward; nominal money supply D) None of the above, inflation is primarily a su ...
... 1) Continuous inflation in the long run requires repeated ____________ shifts of the AD curve caused by a continuous increase in the ____________. A) leftward; government expenditures B) rightward; nominal money supply C) inward; nominal money supply D) None of the above, inflation is primarily a su ...
Credit Spreads and the Severity of Financial Crises Arvind Krishnamurthy Tyler Muir
... that surprises coupled with high fragility can lead to crises. High credit growth, following on Jorda et al. (2010), is one way to measure fragility. Thus we have two cases. A crisis as de…ned in the literature, i;t > , is a case where fragility is high and there a large surprise. In other cases, wh ...
... that surprises coupled with high fragility can lead to crises. High credit growth, following on Jorda et al. (2010), is one way to measure fragility. Thus we have two cases. A crisis as de…ned in the literature, i;t > , is a case where fragility is high and there a large surprise. In other cases, wh ...
The Two Waves of Service Sector Growth
... kick in at lower income levels in the post-1990 period (as is apparent visually in Figure 3). In contrast, the coefficient on the linear term is insignificant and the coefficient on the squared term for the post 1990 period, while significant, is small compared to the squared term for the whole peri ...
... kick in at lower income levels in the post-1990 period (as is apparent visually in Figure 3). In contrast, the coefficient on the linear term is insignificant and the coefficient on the squared term for the post 1990 period, while significant, is small compared to the squared term for the whole peri ...
“Inventory Investment and Output Volatility”
... techniques adopted by the automotive industry. Third, an important innovation in inventory management has been the development of more sophisticated supply chains among firms and industries. Studying detailed industries allows us to examine the role of inventory management in the stage-of-fabricati ...
... techniques adopted by the automotive industry. Third, an important innovation in inventory management has been the development of more sophisticated supply chains among firms and industries. Studying detailed industries allows us to examine the role of inventory management in the stage-of-fabricati ...
Stock Market Liquidity and the Business Cycle
... Brunnermeier and Pedersen (2009) provide an alternative explanation based on the interaction between securities’ market liquidity and financial intermediaries’ availability of funds. In the model, liquidity providers’ ability to provide liquidity depends on their capital and margin requirements. Dur ...
... Brunnermeier and Pedersen (2009) provide an alternative explanation based on the interaction between securities’ market liquidity and financial intermediaries’ availability of funds. In the model, liquidity providers’ ability to provide liquidity depends on their capital and margin requirements. Dur ...
NBER WORKING PAPER SERIES UNDERSTANDING TRANSITORY RAINFALL SHOCKS, ECONOMIC GROWTH Edward Miguel
... in period t and period t-1. In our case, T=19 and γ = 0.28. Therefore, the Nickell bias for the lagged dependent variable term is roughly equal to ...
... in period t and period t-1. In our case, T=19 and γ = 0.28. Therefore, the Nickell bias for the lagged dependent variable term is roughly equal to ...
NBER WORKING PAPER SERIES CAPITAL CONTROLS, CAPITAL FLOW CONTRACTIONS, AND MACROECONOMIC VULNERABILITY
... contrast, are defined for all countries, independently of whether they initially had positive or negative net flows. That is, it is possible for a CFC to take place in a country that was originally experiencing net capital outflows. In that regard, then, CFCs also capture surges in what is sometimes ...
... contrast, are defined for all countries, independently of whether they initially had positive or negative net flows. That is, it is possible for a CFC to take place in a country that was originally experiencing net capital outflows. In that regard, then, CFCs also capture surges in what is sometimes ...
European Economic Forecast Spring 2014
... improving. In view of the crisis legacy, growth is still set to remain moderate, but a gradual easing of the drag related to deleveraging, financial fragmentation, adjustment of external imbalances and uncertainty is noticeable. The improved economic outlook encompasses the vulnerable euro-area Memb ...
... improving. In view of the crisis legacy, growth is still set to remain moderate, but a gradual easing of the drag related to deleveraging, financial fragmentation, adjustment of external imbalances and uncertainty is noticeable. The improved economic outlook encompasses the vulnerable euro-area Memb ...
INDUSTRIAL STRATEGY GREEN PAPER: IPPR NORTH RESPONSE
... of city growth in the UK. Ron Martin and others have shown that there is no easy readacross from US urban growth and agglomeration modelling to the UK and European context (see Martin et al 2014, Cox and Longlands 2016). And in the most thorough analysis on the nation’s national-regional economic pr ...
... of city growth in the UK. Ron Martin and others have shown that there is no easy readacross from US urban growth and agglomeration modelling to the UK and European context (see Martin et al 2014, Cox and Longlands 2016). And in the most thorough analysis on the nation’s national-regional economic pr ...
NBER WORKING PAPER SERIES INTERNATIONAL CAPITAL FLOWS UNDER DISPERSED INFORMATION: Cédric Tille
... We also make a methodological contribution by solving a DSGE model with portfolio choice and information dispersion. We cannot directly rely on the recently developed approximation methods for solving DSGE models with portfolio choice, as they abstract from information dispersion. Neither can we di ...
... We also make a methodological contribution by solving a DSGE model with portfolio choice and information dispersion. We cannot directly rely on the recently developed approximation methods for solving DSGE models with portfolio choice, as they abstract from information dispersion. Neither can we di ...
This PDF is a selection from a published volume from... National Bureau of Economic Research
... expanded to include gross output and intermediate input for all industries. Third, accelerated GDP-by-industry accounts are available with a lag of only four months after the end of the reference year. The BEA’s long-run goal is to integrate GDP-by-industry accounts with the benchmark inputoutput ac ...
... expanded to include gross output and intermediate input for all industries. Third, accelerated GDP-by-industry accounts are available with a lag of only four months after the end of the reference year. The BEA’s long-run goal is to integrate GDP-by-industry accounts with the benchmark inputoutput ac ...
I Balanced Budget Legislation for Manitoba: Principles and Prospects I. I
... FSF and close to the peak ratio attained in 1997. Yet, within two years, the Manitoba Government had suspended the legislation for the duration of the “economic recovery period” to 31 March 2014 or until a balanced budget has been achieved (Government of Manitoba 2010c), which is now forecast to occ ...
... FSF and close to the peak ratio attained in 1997. Yet, within two years, the Manitoba Government had suspended the legislation for the duration of the “economic recovery period” to 31 March 2014 or until a balanced budget has been achieved (Government of Manitoba 2010c), which is now forecast to occ ...
Australia to 2050: future challenges Circulated by
... Australia’s economy, living standards and government finances over the next 40 years. These are challenges affecting developed countries around the world. Population ageing reduces the proportion of working age people supporting people aged over 65 years. The rate of improvement in average living st ...
... Australia’s economy, living standards and government finances over the next 40 years. These are challenges affecting developed countries around the world. Population ageing reduces the proportion of working age people supporting people aged over 65 years. The rate of improvement in average living st ...
Investment Hangover and the Great Recession
... Motivated by our hypothesis, we use a stylized macroeconomic model to analyze how the economy behaves after overbuilding a durable type of capital— such as housing, structures, or infrastructure (e.g., railroads). Our model’s …rst prediction is that investment in overbuilt capital declines. Intuitiv ...
... Motivated by our hypothesis, we use a stylized macroeconomic model to analyze how the economy behaves after overbuilding a durable type of capital— such as housing, structures, or infrastructure (e.g., railroads). Our model’s …rst prediction is that investment in overbuilt capital declines. Intuitiv ...
Economic growth
Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP. Of more importance is the growth of the ratio of GDP to population (GDP per capita, which is also called per capita income). An increase in growth caused by more efficient use of inputs (such as physical capital, population, or territory) is referred to as intensive growth. GDP growth caused only by increases in the amount of inputs available for use is called extensive growth.In economics, ""economic growth"" or ""economic growth theory"" typically refers to growth of potential output, i.e., production at ""full employment"". As an area of study, economic growth is generally distinguished from development economics. The former is primarily the study of how countries can advance their economies. The latter is the study of the economic development process particularly in low-income countries.Growth is usually calculated in real terms – i.e., inflation-adjusted terms – to eliminate the distorting effect of inflation on the price of goods produced. Measurement of economic growth uses national income accounting. Since economic growth is measured as the annual percent change of gross domestic product (GDP), it has all the advantages and drawbacks of that measure.