Speech to the Money Marketeers of New York University
... rate may be overstating the tightness of labor markets. There are a variety of other labor market indicators, and some suggest less tightness than the unemployment rate. For example, the Conference Board index of job market perceptions, which is based on a survey of households, suggests that labor m ...
... rate may be overstating the tightness of labor markets. There are a variety of other labor market indicators, and some suggest less tightness than the unemployment rate. For example, the Conference Board index of job market perceptions, which is based on a survey of households, suggests that labor m ...
Chapter 22: Economic Growth
... In the neoclassical theory, the rate of technological change influences the economic growth rate but economic growth does not influence the pace of technological change. ...
... In the neoclassical theory, the rate of technological change influences the economic growth rate but economic growth does not influence the pace of technological change. ...
Concept 3
... Increasing GAP between rich countries and large rural countries in Asia (Bangladesh, rural India, rural China) Rural china VS Urban china Decline in income in Eastern Europe ...
... Increasing GAP between rich countries and large rural countries in Asia (Bangladesh, rural India, rural China) Rural china VS Urban china Decline in income in Eastern Europe ...
MJMFOODIE YOUTUBE Video Review and Questions Episode 18: Unemployment
... #1. What “high and sustained growth” do we want to see? #2. Define GDP. ...
... #1. What “high and sustained growth” do we want to see? #2. Define GDP. ...
Paraguay_en.pdf
... when the economy contracted. The downtrend in public spending was reflected in a fairly moderate increase in expenditure (5.8%) by the government in 2013, compared with surges of over 20% in the two preceding years. Meanwhile, notwithstanding the robust expansion of the economy in 2013, total revenu ...
... when the economy contracted. The downtrend in public spending was reflected in a fairly moderate increase in expenditure (5.8%) by the government in 2013, compared with surges of over 20% in the two preceding years. Meanwhile, notwithstanding the robust expansion of the economy in 2013, total revenu ...
1. Output gaps and productivity slowdown
... Note: Labor productivity gap implies a loss in GDP rates due to lower contribution of labor productivity. It is a difference between the actual GDP accumulated growth rates (contribution of employment and labor productivity) and simulated GDP accumulated growth rates. Simulation is based on keeping ...
... Note: Labor productivity gap implies a loss in GDP rates due to lower contribution of labor productivity. It is a difference between the actual GDP accumulated growth rates (contribution of employment and labor productivity) and simulated GDP accumulated growth rates. Simulation is based on keeping ...
Document
... In the steady-state, the capital per unit of effective labour is constant. Setting the above equations to zero, we get the stock of physical and human capital in the long-run equilibrium: ...
... In the steady-state, the capital per unit of effective labour is constant. Setting the above equations to zero, we get the stock of physical and human capital in the long-run equilibrium: ...
urban green growth indicators
... Measuring and monitoring green growth • Methodological challenges of developing green growth indicators, particularly at the sub-national level • Builds on OECD efforts to develop metrics that go beyond GDP to measure societal well-being (Measuring Progress) and assess green growth (OECD Green Grow ...
... Measuring and monitoring green growth • Methodological challenges of developing green growth indicators, particularly at the sub-national level • Builds on OECD efforts to develop metrics that go beyond GDP to measure societal well-being (Measuring Progress) and assess green growth (OECD Green Grow ...
Why does development vary among countries
... Two reasons account for the lack of difference. First, diffusion of medical technology. has eliminated or sharply reduced the incidence of several diseases in less developed countries. Second, MDCs have higher percentages of older people. The mortality rate for women in childbirth is significantly h ...
... Two reasons account for the lack of difference. First, diffusion of medical technology. has eliminated or sharply reduced the incidence of several diseases in less developed countries. Second, MDCs have higher percentages of older people. The mortality rate for women in childbirth is significantly h ...
Why does development vary among countries
... Two reasons account for the lack of difference. First, diffusion of medical technology. has eliminated or sharply reduced the incidence of several diseases in less developed countries. Second, MDCs have higher percentages of older people. The mortality rate for women in childbirth is significantly h ...
... Two reasons account for the lack of difference. First, diffusion of medical technology. has eliminated or sharply reduced the incidence of several diseases in less developed countries. Second, MDCs have higher percentages of older people. The mortality rate for women in childbirth is significantly h ...
Singapore`s GDP Grew by 2.2 Per Cent in the Second Quarter of 2016
... Growth in the services producing industries came in at 1.7 per cent on a yearon-year basis in the second quarter, the same pace of growth as in the previous quarter. Growth was driven mainly by the wholesale & retail trade and transportation & storage sectors. Within the retail trade sector, growth ...
... Growth in the services producing industries came in at 1.7 per cent on a yearon-year basis in the second quarter, the same pace of growth as in the previous quarter. Growth was driven mainly by the wholesale & retail trade and transportation & storage sectors. Within the retail trade sector, growth ...
The Dust Bowl: action and reaction between
... …enabling the FED to end its bond-buying programme. Against this backdrop of improved activity, the FED ended its bond-buying programme, though it will continue to reinvest the proceeds from the securities, meaning the balance sheet will remain intact for the time being. Official rates were kept at ...
... …enabling the FED to end its bond-buying programme. Against this backdrop of improved activity, the FED ended its bond-buying programme, though it will continue to reinvest the proceeds from the securities, meaning the balance sheet will remain intact for the time being. Official rates were kept at ...
Eco120Int_Lecture11
... up with change in output per capita over time. • Real GDP per capita was $9,200 in 1950 and $25,500 in 2000. • Australians in 2000 have almost twice as much resources per person than Australians did in 1950. ...
... up with change in output per capita over time. • Real GDP per capita was $9,200 in 1950 and $25,500 in 2000. • Australians in 2000 have almost twice as much resources per person than Australians did in 1950. ...
STATISTICS SINGAPORE - Quarterly Growth Rates
... Second, the sensitivity to irregular effects could result in an inappropriate interpretation in a subsequent year. For example, if economic activity declines sharply in a particular quarter because of an unexpected shock, a normal quarter in the subsequent year will show an exceptionally strong gr ...
... Second, the sensitivity to irregular effects could result in an inappropriate interpretation in a subsequent year. For example, if economic activity declines sharply in a particular quarter because of an unexpected shock, a normal quarter in the subsequent year will show an exceptionally strong gr ...
Security Scenarios And The Global Economy
... across regions driven mainly by labor productivity • Reflects the contribution of technology and efficiency gains (total factor productivity, TFP), greater capital intensity or both • In Europe and Central Asia productivity gains have accounted for larger share of real GDP per capita than other regi ...
... across regions driven mainly by labor productivity • Reflects the contribution of technology and efficiency gains (total factor productivity, TFP), greater capital intensity or both • In Europe and Central Asia productivity gains have accounted for larger share of real GDP per capita than other regi ...
Growth Accounting
... across regions driven mainly by labor productivity • Reflects the contribution of technology and efficiency gains (total factor productivity, TFP), greater capital intensity or both • In Europe and Central Asia productivity gains have accounted for larger share of real GDP per capita than other regi ...
... across regions driven mainly by labor productivity • Reflects the contribution of technology and efficiency gains (total factor productivity, TFP), greater capital intensity or both • In Europe and Central Asia productivity gains have accounted for larger share of real GDP per capita than other regi ...
Measuring Economies
... Measuring the Size of the Economy GNP & GDP measure the size of the Economy. GNP or “Gross National Product” is the total value of all economic activities done by all the people and companies of a country. Problem: It counts activities done in other countries by a company based in the home country. ...
... Measuring the Size of the Economy GNP & GDP measure the size of the Economy. GNP or “Gross National Product” is the total value of all economic activities done by all the people and companies of a country. Problem: It counts activities done in other countries by a company based in the home country. ...
Powerpoint Slides
... – “The Marxian view is that capitalistic economies are inherently unstable – and that excessive accumulation of capital will lead to increasingly severe economic crises. – Growth theory, which has proved to be empirically successful, says this is not true. – The capitalistic economy is stable, and a ...
... – “The Marxian view is that capitalistic economies are inherently unstable – and that excessive accumulation of capital will lead to increasingly severe economic crises. – Growth theory, which has proved to be empirically successful, says this is not true. – The capitalistic economy is stable, and a ...
The Dangers of Fiscal Austerity Jayati Ghosh
... The tragic – and ongoing – experience of Greece confirms this analysis. The aggressive cutbacks in public spending that have been forced on the Greek government by the successive EU-IMF bailout packages worsened the macroeconomic situation, such that the economy has now been contracting for five yea ...
... The tragic – and ongoing – experience of Greece confirms this analysis. The aggressive cutbacks in public spending that have been forced on the Greek government by the successive EU-IMF bailout packages worsened the macroeconomic situation, such that the economy has now been contracting for five yea ...
slides are here - Stephen Kinsella
... Most couples were anxious to add to their reserves by babysitting, reluctant to run them down by going out. But one couple's decision to go out was another's chance to baby-sit; so it became difficult to earn coupons. Knowing this, couples became even more reluctant to use their reserves except on s ...
... Most couples were anxious to add to their reserves by babysitting, reluctant to run them down by going out. But one couple's decision to go out was another's chance to baby-sit; so it became difficult to earn coupons. Knowing this, couples became even more reluctant to use their reserves except on s ...
BLI Presentation for Visits and Seminars Programme
... Additional accounts: HADI Supplementary tables: environmental costs Satellite Accounts: homework, parenting, volunteer labour ...
... Additional accounts: HADI Supplementary tables: environmental costs Satellite Accounts: homework, parenting, volunteer labour ...
Presentation of Mr. Babar Badat
... – unrealized high potential for rail and inland water freight transport which has led to the excessive use of road transport – inadequate road and rail connectivity of ports with the hinterland, and others. ...
... – unrealized high potential for rail and inland water freight transport which has led to the excessive use of road transport – inadequate road and rail connectivity of ports with the hinterland, and others. ...
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.