![The Economic and Social Impact of Telecommunications Output: Empirical Evidence in the US and Europe](http://s1.studyres.com/store/data/008782715_1-20f25062ef9ff6a8f3509bdb422ccd6d-300x300.png)
The Economic and Social Impact of Telecommunications Output: Empirical Evidence in the US and Europe
... telecommunications networks (as one of many infrastructure factors) and quality of life (driven by availability of networks in schools, hospitals, public administration, etc.) ...
... telecommunications networks (as one of many infrastructure factors) and quality of life (driven by availability of networks in schools, hospitals, public administration, etc.) ...
Considering the Routes to a Policy Destination
... However, while inflation does not normally increase in the early stages of a recovery, some economic observers may be concerned that this recovery will be different, because of the unusual actions that the Federal Reserve needed to take. As you know, the Federal Reserve took extraordinary measures t ...
... However, while inflation does not normally increase in the early stages of a recovery, some economic observers may be concerned that this recovery will be different, because of the unusual actions that the Federal Reserve needed to take. As you know, the Federal Reserve took extraordinary measures t ...
DEMOCRACY and GROWTH RECONSIDERED: WHY ECONOMIC
... Experience of developed countries 4 • “Since the police were primarily a political tool rather than a professional law enforcement agency…the political loyalty was the only real qualification for appointment.” In the 1890s patrolmen had to pay $300 for their jobs in New York City, sergeants - $1,60 ...
... Experience of developed countries 4 • “Since the police were primarily a political tool rather than a professional law enforcement agency…the political loyalty was the only real qualification for appointment.” In the 1890s patrolmen had to pay $300 for their jobs in New York City, sergeants - $1,60 ...
Why Was Europe Left at the Station when the American Productivity
... The average American housing unit is more than double the average European unit The land area is at least 4x, maybe more The time cost of commuting may be less when all the delays of public transit are taken into account ...
... The average American housing unit is more than double the average European unit The land area is at least 4x, maybe more The time cost of commuting may be less when all the delays of public transit are taken into account ...
Intermediate Macroeconomics - College Of Business and
... interest rate below the natural interest rate. During an investment boom initiated by changes in technology, one would expect the demand for loanable funds to rise relative to the supply of savings. This should cause the interest rate to rise. If the central bank steps in to moderate interest rates, ...
... interest rate below the natural interest rate. During an investment boom initiated by changes in technology, one would expect the demand for loanable funds to rise relative to the supply of savings. This should cause the interest rate to rise. If the central bank steps in to moderate interest rates, ...
Second Midterm with Answers 12:05 Lecture
... 1. Starting in 2014, you invested $5,000 in a special program that guarantees you an increase in the return to your investment each time the amount doubles. Suppose you receive a constant 2% per year return on your investment during the first period of time (that is, the number of years until the am ...
... 1. Starting in 2014, you invested $5,000 in a special program that guarantees you an increase in the return to your investment each time the amount doubles. Suppose you receive a constant 2% per year return on your investment during the first period of time (that is, the number of years until the am ...
Read Publication - Policy Exchange
... and massive and unsustainable investment driven by huge monetary growth. The model I have in mind is the early 1970s. Output in 1973Q1 was 10% higher than in 1972Q1; capital formation rose over that period by 25%. I’m not expecting growth in output or investment to be quite that rapid in 2011, but I ...
... and massive and unsustainable investment driven by huge monetary growth. The model I have in mind is the early 1970s. Output in 1973Q1 was 10% higher than in 1972Q1; capital formation rose over that period by 25%. I’m not expecting growth in output or investment to be quite that rapid in 2011, but I ...
MAMS: A Tool for Public Finance and Development Strategy Analysis
... • Most national account aggregates and parts of government consumption grow at rates of 6-7%. • Primary education: Moderate growth in government demand (5%) due to demography and a gradual decline to zero for out-of-cohort entrants to first grade. • Drastic increase in the net primary completion rat ...
... • Most national account aggregates and parts of government consumption grow at rates of 6-7%. • Primary education: Moderate growth in government demand (5%) due to demography and a gradual decline to zero for out-of-cohort entrants to first grade. • Drastic increase in the net primary completion rat ...
The Lucky Country: Has it Run out of Luck?
... Indeed, a common theme across Australia and other advanced economies is the lack of preparation to deal with the economic transformations that are unfolding. While this may be understandable in countries still focused on recovery from the Global Financial Crisis (GFC), Australia has no such justifi ...
... Indeed, a common theme across Australia and other advanced economies is the lack of preparation to deal with the economic transformations that are unfolding. While this may be understandable in countries still focused on recovery from the Global Financial Crisis (GFC), Australia has no such justifi ...
Continued Progress Expected for Hawaii into 2015
... wages (which are currently rising less than the underlying rate of inflation), we remain sceptical that the BoJ will achieve its 2.0% inflation target by end 2015. South Korea has initiated steps to support its economy. The government plans to raise spending 5.7% next year versus an estimated 4% inc ...
... wages (which are currently rising less than the underlying rate of inflation), we remain sceptical that the BoJ will achieve its 2.0% inflation target by end 2015. South Korea has initiated steps to support its economy. The government plans to raise spending 5.7% next year versus an estimated 4% inc ...
Lecture 4
... 2. Jobs, Inflation, and Interest Rates • 2a. Job creation, or the net increase in employment, along with measures of labor productivity, are two of several variables used to describe an economy's performance. • Figure 17.5 illustrates employment growth over the last 40 years. Labor productivity has ...
... 2. Jobs, Inflation, and Interest Rates • 2a. Job creation, or the net increase in employment, along with measures of labor productivity, are two of several variables used to describe an economy's performance. • Figure 17.5 illustrates employment growth over the last 40 years. Labor productivity has ...
September 1999 The Brookings Institution & Georgetown University
... unusually low saving, than one that reflects strong investment. This is because, unlike debts incurred for today’s consumption, productive investments promise pay-offs, in terms of higher future production, that will be available to offset any debts incurred to finance today’s imports. How does the ...
... unusually low saving, than one that reflects strong investment. This is because, unlike debts incurred for today’s consumption, productive investments promise pay-offs, in terms of higher future production, that will be available to offset any debts incurred to finance today’s imports. How does the ...
Economy of Slovakia - Tatra Tiger
... the so-called 'Asian Tigers' (HK, SG, SK and Taiwan, who received this nickname after a long period od strong economic growth). Slovakia has been an EU member state since 2004. In 2004 and 2005, Slovakia had one of the highest GDP growth rates in the European Union, reaching 6%. GDP kept growing in ...
... the so-called 'Asian Tigers' (HK, SG, SK and Taiwan, who received this nickname after a long period od strong economic growth). Slovakia has been an EU member state since 2004. In 2004 and 2005, Slovakia had one of the highest GDP growth rates in the European Union, reaching 6%. GDP kept growing in ...
Lecture 8
... institutions that are concerned with the distribution of the resources among the provinces. If these institutions were strengthened, policies that favor one province over another would not be adopted, which has been quite common in the past. St. Paul’s University ...
... institutions that are concerned with the distribution of the resources among the provinces. If these institutions were strengthened, policies that favor one province over another would not be adopted, which has been quite common in the past. St. Paul’s University ...
A Simple Chaotic Model of Economic Growth and
... hypotheses of neoclassical microeconomics give rise to a very simple dynamic behaviour: either an equilibrium point, or regular cycles. In our research we show how this simple behaviour changes when we consider labour market disequilibrium and some nonlinearity. The interaction of economic growth a ...
... hypotheses of neoclassical microeconomics give rise to a very simple dynamic behaviour: either an equilibrium point, or regular cycles. In our research we show how this simple behaviour changes when we consider labour market disequilibrium and some nonlinearity. The interaction of economic growth a ...
Euro-zone Economic Outlook January 2011: A slow recovery (PDF, 38 KB)
... moderate pace, as external demand is flattening and credit conditions as well as capacity utilization improve just slowly. Under the assumption that the oil price stabilizes at USD 90 per barrel of Brent and that the euro/dollar exchange rate fluctuates around 1.34 over the forecast horizon, inflati ...
... moderate pace, as external demand is flattening and credit conditions as well as capacity utilization improve just slowly. Under the assumption that the oil price stabilizes at USD 90 per barrel of Brent and that the euro/dollar exchange rate fluctuates around 1.34 over the forecast horizon, inflati ...
(i) Light industry output growth
... In 2011, total output from China’s light industry reached 124.12 billion RMB, a 131 fold growth on China’s light industry’s output value at the beginning of the reforms and opening. Along with China’s incessant urbanisation, light industry will continue to develop. However, along with a constant ris ...
... In 2011, total output from China’s light industry reached 124.12 billion RMB, a 131 fold growth on China’s light industry’s output value at the beginning of the reforms and opening. Along with China’s incessant urbanisation, light industry will continue to develop. However, along with a constant ris ...
9.3 theories of economic growth
... Over time, aggregate hours increase. This growth in aggregate hours comes from growth in the labor force rather than from growth in average hours per worker. While the participation rate has increased over the past few decades, it has an upper limit, and most of the growth of aggregate hours comes f ...
... Over time, aggregate hours increase. This growth in aggregate hours comes from growth in the labor force rather than from growth in average hours per worker. While the participation rate has increased over the past few decades, it has an upper limit, and most of the growth of aggregate hours comes f ...
Slides
... • For this study, we use R&D personnel and tertiary enrolment as a proxy to explain human capital • R&D personal and tertiary enrolment is higher in high-income economies than in the upper-middle income countries • While Malaysia is classified as upper–middle income economy, the R&D personal and ter ...
... • For this study, we use R&D personnel and tertiary enrolment as a proxy to explain human capital • R&D personal and tertiary enrolment is higher in high-income economies than in the upper-middle income countries • While Malaysia is classified as upper–middle income economy, the R&D personal and ter ...
Economic growth
![](https://commons.wikimedia.org/wiki/Special:FilePath/Gdp_accumulated_change.png?width=300)
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.