Can Italy Grow Out of Its NPL Overhang?
... Italian banks, Garrido et al. (2016) show that while economic growth has been the most important determinant of the NPL buildup following the crisis, this was exacerbated by bank specific factors. Quagliariello (2007) concludes that Italian banks’ riskiness and profitability are affected by the evol ...
... Italian banks, Garrido et al. (2016) show that while economic growth has been the most important determinant of the NPL buildup following the crisis, this was exacerbated by bank specific factors. Quagliariello (2007) concludes that Italian banks’ riskiness and profitability are affected by the evol ...
IOSR Journal of Economics and Finance (IOSR-JEF)
... views that moderate inflation would induce savers to substitute lending for some money holding as a means to finance future spending. That substitution would cause market clearing real interest rates to fall. The lower real rate of interest would induce more borrowing to finance investment. In a sim ...
... views that moderate inflation would induce savers to substitute lending for some money holding as a means to finance future spending. That substitution would cause market clearing real interest rates to fall. The lower real rate of interest would induce more borrowing to finance investment. In a sim ...
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Nova Layout [7x10] - ART
... about the sign and the strength of the influence of public capital on output and productivity1. In our paper, we try to disentangle the causation process from capital accumulation to real economic growth: who causes what? Recent research efforts were aimed at emphasising the relevance of public sect ...
... about the sign and the strength of the influence of public capital on output and productivity1. In our paper, we try to disentangle the causation process from capital accumulation to real economic growth: who causes what? Recent research efforts were aimed at emphasising the relevance of public sect ...
Macroeconomic Consolidation: Achievements
... Third period (1997). The deep economic and politic recession that occurred as a result of the pyramid schemes’ collapse but that gave the first signals since in 1996 and had a wider basis,16 lead to the reduction of production with 7%, increase of inflation in 45% and worsening of current account an ...
... Third period (1997). The deep economic and politic recession that occurred as a result of the pyramid schemes’ collapse but that gave the first signals since in 1996 and had a wider basis,16 lead to the reduction of production with 7%, increase of inflation in 45% and worsening of current account an ...
Labor Productivity Slowdown in the Developed Economies. Another
... Economic growth in most countries has furthermore become more and more debt-driven. 17 To close the demand gap, increasing long-term public and private debt is created. This however is unsustainable in the long-run since the accumulated debt cannot be serviced even if repayment is stretched out over ...
... Economic growth in most countries has furthermore become more and more debt-driven. 17 To close the demand gap, increasing long-term public and private debt is created. This however is unsustainable in the long-run since the accumulated debt cannot be serviced even if repayment is stretched out over ...
a prospectiva tecnológica
... Price is probably the least important point of concern, since it will have only a small consequence on the market acceptance of the particular innovation. Let us recall that innovation – ideas, concepts, mechanisms, services - technology included, must be more efficient than the ideas, concepts, mec ...
... Price is probably the least important point of concern, since it will have only a small consequence on the market acceptance of the particular innovation. Let us recall that innovation – ideas, concepts, mechanisms, services - technology included, must be more efficient than the ideas, concepts, mec ...
Differences in Poverty in the Dominican Republic and
... refer to several studies that show a link between high population density and higher growth rates. Additionally, Winters and Derrell (2010, p. 607) claim that a surplus of cheap Haitian labor in the Dominican Republic has been a reason for greater foreign direct investment, though they offer no stat ...
... refer to several studies that show a link between high population density and higher growth rates. Additionally, Winters and Derrell (2010, p. 607) claim that a surplus of cheap Haitian labor in the Dominican Republic has been a reason for greater foreign direct investment, though they offer no stat ...
Economic Growth and Poverty Reduction
... relevance in the case of Kazakhstan, which already has close to 95 percent secondary enrollment for both boys and girls of the corresponding age group. Many economic studies have emphasized the role of higher economic growth to tackle the problem of poverty. This has been supported empirically by th ...
... relevance in the case of Kazakhstan, which already has close to 95 percent secondary enrollment for both boys and girls of the corresponding age group. Many economic studies have emphasized the role of higher economic growth to tackle the problem of poverty. This has been supported empirically by th ...
IOSR Journal of Economics and Finance (IOSR-JEF) e-ISSN: 2321-5933, p-ISSN: 2321-5925.
... the wholesale price index (WPI). In Nigeria the most widely used measure of inflation is the consumer price index because it is readily available on monthly, quarterly and annual basis. In the classicalist theory of monetary transmission mechanism, increased money stock only leads to an inflationary ...
... the wholesale price index (WPI). In Nigeria the most widely used measure of inflation is the consumer price index because it is readily available on monthly, quarterly and annual basis. In the classicalist theory of monetary transmission mechanism, increased money stock only leads to an inflationary ...
I. GDP - Effingham County Schools
... Stagflation: recession & inflation at the same time (rare). Inflation is measured as the percent change in a price index from year to year. The U.S. has had inflation for 50+ years, at an avg. rate of 4% a yr. ...
... Stagflation: recession & inflation at the same time (rare). Inflation is measured as the percent change in a price index from year to year. The U.S. has had inflation for 50+ years, at an avg. rate of 4% a yr. ...
Paper - The Institute for New Economic Thinking
... here, these loanable funds writers assume that investment demand is interest elastic but, paradoxically, not price elastic, thus not leading firms to buy more quantities of these investment goods which would offset the fall in the price). All of these debatable factors have, therefore, operated to b ...
... here, these loanable funds writers assume that investment demand is interest elastic but, paradoxically, not price elastic, thus not leading firms to buy more quantities of these investment goods which would offset the fall in the price). All of these debatable factors have, therefore, operated to b ...
Star-01042006b
... 19. Please allow me to outline the main policies and programmes of the Ninth Malaysia Plan, which have been intended to achieve the thrusts and objectives of the National Mission. Thrust 1: To Move the Economy Up the Value Chain 20. Globalisation has escalated the level of competition in the interna ...
... 19. Please allow me to outline the main policies and programmes of the Ninth Malaysia Plan, which have been intended to achieve the thrusts and objectives of the National Mission. Thrust 1: To Move the Economy Up the Value Chain 20. Globalisation has escalated the level of competition in the interna ...
PDF
... try to increase their production of marketed crops such as cashew and cotton or work as wage labour on plantations or in major investment programmes in Mozambique or the mines in South Africa. Portuguese colonisation intensified at the end of the 19th century, but Portugal did not have sufficient ca ...
... try to increase their production of marketed crops such as cashew and cotton or work as wage labour on plantations or in major investment programmes in Mozambique or the mines in South Africa. Portuguese colonisation intensified at the end of the 19th century, but Portugal did not have sufficient ca ...
NOTAS44ING_en.pdf
... encouraging the ongoing incorporation of innovation.” necessary to resolve persistent labour and welfare issues still pending in Latin America and the Caribbean. In any case, better economic conditions have started to improve labour markets. The rise in employment attributable to ongoing economic gr ...
... encouraging the ongoing incorporation of innovation.” necessary to resolve persistent labour and welfare issues still pending in Latin America and the Caribbean. In any case, better economic conditions have started to improve labour markets. The rise in employment attributable to ongoing economic gr ...
Productivity and Competitiveness Indicators 1990 to 2000
... Unit labour cost measures the remuneration of labour per unit of output. It is affected by changes in both average compensation of employees and labour productivity. During the period 2006 to 2016, average annual compensation of employees increased by 6.2% whilst labour productivity grew by 2.7%. Th ...
... Unit labour cost measures the remuneration of labour per unit of output. It is affected by changes in both average compensation of employees and labour productivity. During the period 2006 to 2016, average annual compensation of employees increased by 6.2% whilst labour productivity grew by 2.7%. Th ...
This PDF is a selection from a published volume from... Volume Title: Measuring the Subjective Well-Being of Nations: National Accounts...
... example, Landefeld and McCulla (2000) developed household production accounts that are a combination of market and nonmarket inputs (utilizing ATUS data) to produce output and are valued at market value or proxy for market value. They are a double- entry set of accounts, and include detailed input- ...
... example, Landefeld and McCulla (2000) developed household production accounts that are a combination of market and nonmarket inputs (utilizing ATUS data) to produce output and are valued at market value or proxy for market value. They are a double- entry set of accounts, and include detailed input- ...
Takatoshi Ito Working
... The research reported here is part of the NBER's research program in economic fluctuations. Any opinions expressed are those of the authors and not those of the National Bureau of Economic Research. The author wishes to thank Jerry Green and Olivier—Jean Blanchard for valuable discussions. He also a ...
... The research reported here is part of the NBER's research program in economic fluctuations. Any opinions expressed are those of the authors and not those of the National Bureau of Economic Research. The author wishes to thank Jerry Green and Olivier—Jean Blanchard for valuable discussions. He also a ...
1 Global Imbalances: The New Economy, the Dark Matter, the Savvy
... rapidly, this foreign investment will produce an attractive rate of return and the country’s debt/GDP ratio will not rise explosively. The fact that U.S. economic growth will accelerate relative to trend is essential for this story. But it still implies that foreigners will hold an uncomfortably lar ...
... rapidly, this foreign investment will produce an attractive rate of return and the country’s debt/GDP ratio will not rise explosively. The fact that U.S. economic growth will accelerate relative to trend is essential for this story. But it still implies that foreigners will hold an uncomfortably lar ...
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.