![Peru_en.pdf](http://s1.studyres.com/store/data/008825909_1-c6c00e1adbf5bddceecfd24c0b795701-300x300.png)
Robert Gordon, US Economic Growth is Over: The Short Run Meets
... Real GDP grew at an annual rate of 12.8 percent between 1939:Q4 and 1941:Q4. By 1944, real GDP had doubled from the level of 1939. Most amazingly, the economy did not slide back into Depression conditions when this huge dose of fiscal stimulus was removed; labor productivity was actually higher in 1 ...
... Real GDP grew at an annual rate of 12.8 percent between 1939:Q4 and 1941:Q4. By 1944, real GDP had doubled from the level of 1939. Most amazingly, the economy did not slide back into Depression conditions when this huge dose of fiscal stimulus was removed; labor productivity was actually higher in 1 ...
Study Guide-Chapter 4 Blank section 4
... 3. Newly developed (Newly _________________) – refers to nations that are experiencing economic shifts towards more industrialization and exportation of products; generally characterized by rising rates of ________________ and data that is not as low as those in ___________-developed nations, but no ...
... 3. Newly developed (Newly _________________) – refers to nations that are experiencing economic shifts towards more industrialization and exportation of products; generally characterized by rising rates of ________________ and data that is not as low as those in ___________-developed nations, but no ...
Economic Update
... Total profits of finance sector linked to generic global conditions, idiosyncratic local factors impossible to determine without hindsight ...
... Total profits of finance sector linked to generic global conditions, idiosyncratic local factors impossible to determine without hindsight ...
Productivity
... 3) Part of the drop was due to the shift from manufactures to service sector. 4) Part was due to the energy crisis. ...
... 3) Part of the drop was due to the shift from manufactures to service sector. 4) Part was due to the energy crisis. ...
FedViews
... in the second half. Based on past experience, zero real GDP growth implies an increase in the unemployment rate of between 1 and 1-1/2 percentage points, consistent with our forecast from a year ago. In fact, the unemployment rate rose 3 percentage points from the fourth quarter of 2008 to the fourt ...
... in the second half. Based on past experience, zero real GDP growth implies an increase in the unemployment rate of between 1 and 1-1/2 percentage points, consistent with our forecast from a year ago. In fact, the unemployment rate rose 3 percentage points from the fourth quarter of 2008 to the fourt ...
Euro-zone Economic Outlook April 2008: Slogging through a weakening world economy (PDF, 104 KB)
... After displaying some resilience at the beginning of 2008, the euro zone is set to lose momentum gradually under the influence of a worsening international environment. Industrial production, after a rebound in Q1 (0.7%), will slow down in Q2 (0.5%) and Q3 (0.4%). Erosion of households purchasing po ...
... After displaying some resilience at the beginning of 2008, the euro zone is set to lose momentum gradually under the influence of a worsening international environment. Industrial production, after a rebound in Q1 (0.7%), will slow down in Q2 (0.5%) and Q3 (0.4%). Erosion of households purchasing po ...
... The country is viewed as highly hospitable to foreign investment, which has grown rapidly and is fueling a vibrant export sector. Since its accession to the WTO,Vietnam has been freed of quota restrictions on its textile exports, and these have grown very rapidly.Vietnam has a large pool of unskille ...
PDF Download
... The US fiscal swing has been enormous. In earlier decades, any swing of 1/2 a percentage point or more in a country’s cyclically adjusted budget balance was a major event. Yet the recent US fiscal expansion has been about eight times that size, and the UK swing about four times. In the euro area, by ...
... The US fiscal swing has been enormous. In earlier decades, any swing of 1/2 a percentage point or more in a country’s cyclically adjusted budget balance was a major event. Yet the recent US fiscal expansion has been about eight times that size, and the UK swing about four times. In the euro area, by ...
6. The future of the Czech NSRF Evaluation
... 1. Overview of the results, continued • In 2007 the initial effect on employment compared to the no-NSRF baseline is just over 20 thousand, given the initial low injection by the SF • In 2013 this has built up to 196.000 and is still 178.000 in 2015. • In 2020 total employment is still 29.000 highe ...
... 1. Overview of the results, continued • In 2007 the initial effect on employment compared to the no-NSRF baseline is just over 20 thousand, given the initial low injection by the SF • In 2013 this has built up to 196.000 and is still 178.000 in 2015. • In 2020 total employment is still 29.000 highe ...
Discussion of Nordhaus on Alchemy and the New Economy
... Skeptic: Why do these two series provide independent information? Why do the authors not take us through the arithmetic of labor’s income share? ...
... Skeptic: Why do these two series provide independent information? Why do the authors not take us through the arithmetic of labor’s income share? ...
This PDF is a selection from an out-of-print volume from... of Economic Research
... Part 2 concentrates on some aspects of the political economy of reform, including the distributive consequences of macroeconomic policies. In chapter 3 Cardenas and Urmtia argue that macroeconomic stability is necessary for sustained social progress. They use cross-section analysis to investigate wh ...
... Part 2 concentrates on some aspects of the political economy of reform, including the distributive consequences of macroeconomic policies. In chapter 3 Cardenas and Urmtia argue that macroeconomic stability is necessary for sustained social progress. They use cross-section analysis to investigate wh ...
FRBSF E L CONOMIC ETTER
... From 1996 until its peak in 2000, real business investment expanded at an average compound growth rate of 10% per year—about 2.5 times faster than the growth rate of the U.S. economy as a whole. Much of the surge in business investment in the late 1990s was linked to computers and information techno ...
... From 1996 until its peak in 2000, real business investment expanded at an average compound growth rate of 10% per year—about 2.5 times faster than the growth rate of the U.S. economy as a whole. Much of the surge in business investment in the late 1990s was linked to computers and information techno ...
Development Economics - Eastbourne College Portal
... In each stage, the level of investment, and therefore the savings required to finance that investment, is critical. In its historical context (1960s?), Rostow’s analysis was important in that it offered an alternative or counterbalance to the Marxist model on offer to the LDCs. As such it was known ...
... In each stage, the level of investment, and therefore the savings required to finance that investment, is critical. In its historical context (1960s?), Rostow’s analysis was important in that it offered an alternative or counterbalance to the Marxist model on offer to the LDCs. As such it was known ...
Slayt 1
... sector should be significantly decrased). An example is an Employment Package enacted in May 2008 . The package reduce labour tax wedges and promotes national ...
... sector should be significantly decrased). An example is an Employment Package enacted in May 2008 . The package reduce labour tax wedges and promotes national ...
Scientists Disagree on Earth`s Carrying Capacity
... • What is the theory of demographic transition? ...
... • What is the theory of demographic transition? ...
View Presentation
... established the finance-growth nexus Were just not the same people as those looking at crises ...
... established the finance-growth nexus Were just not the same people as those looking at crises ...
Secular Stagnation
... • A number of broad policy solutions have been put forth to counter secular stagnation: • Real interest rates • One solution to boost demand would be to further lower real interest rates (interest rates minus inflation) • While interest rates have fallen in recent years, equilibrium interest rate (t ...
... • A number of broad policy solutions have been put forth to counter secular stagnation: • Real interest rates • One solution to boost demand would be to further lower real interest rates (interest rates minus inflation) • While interest rates have fallen in recent years, equilibrium interest rate (t ...
Secular Stagnation
... • A number of broad policy solutions have been put forth to counter secular stagnation: • Real interest rates • One solution to boost demand would be to further lower real interest rates (interest rates minus inflation) • While interest rates have fallen in recent years, equilibrium interest rate (t ...
... • A number of broad policy solutions have been put forth to counter secular stagnation: • Real interest rates • One solution to boost demand would be to further lower real interest rates (interest rates minus inflation) • While interest rates have fallen in recent years, equilibrium interest rate (t ...
Word
... investment in 2014. Even though investment was still markedly lower (-10.4 %) in comparison to year 2008 (it was invested historically the highest 1168 bn CZK (in 2010 prices) in the CR), domestic investment activity evidently improved (+4.7 %) against the year 2013. The fact that investment increas ...
... investment in 2014. Even though investment was still markedly lower (-10.4 %) in comparison to year 2008 (it was invested historically the highest 1168 bn CZK (in 2010 prices) in the CR), domestic investment activity evidently improved (+4.7 %) against the year 2013. The fact that investment increas ...
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.