T C A B
... securities because it appeared that the proximate objective of purchase— monetary ease— had already been achieved. The Fed seems to have employed this strategy consistently from 1924 to 1933.” In keeping with the resolution to the first problem described above, I focus on the shocks that precipitate ...
... securities because it appeared that the proximate objective of purchase— monetary ease— had already been achieved. The Fed seems to have employed this strategy consistently from 1924 to 1933.” In keeping with the resolution to the first problem described above, I focus on the shocks that precipitate ...
The Contribution of Livestock to the Ugandan Economy
... Uganda’s national economy. Conventional GDP accounting may ignore some of the benefits that people derive from livestock in subsistence-oriented economies, when households directly provision themselves, when economic exchanges are not calculated in monetary terms or when these exchanges go unrecorde ...
... Uganda’s national economy. Conventional GDP accounting may ignore some of the benefits that people derive from livestock in subsistence-oriented economies, when households directly provision themselves, when economic exchanges are not calculated in monetary terms or when these exchanges go unrecorde ...
NBER WORKING PAPER SERIES DYNAMIC BEHAVIOR OF IMPERFECTLY COMPETITIVE ECONOMIES WITH MULTIPLE EQUILIBRIA
... Doug McManus and Walter Heller at various stages in this research are greatly appreciated. Remaining errors and misinterpretations are my own responsibility. Financial assistance under NSF SES-86053O2 is gratefully acknowledged. The research reported here is part of the NBER's research program in Ec ...
... Doug McManus and Walter Heller at various stages in this research are greatly appreciated. Remaining errors and misinterpretations are my own responsibility. Financial assistance under NSF SES-86053O2 is gratefully acknowledged. The research reported here is part of the NBER's research program in Ec ...
PDF
... tables describe the transactions occurring within the economy in great detail, including, the transactions occurring between industries and the transactions occurring between industries and final consumers. How variables react to each other is specified by the elasticities of the database. ...
... tables describe the transactions occurring within the economy in great detail, including, the transactions occurring between industries and the transactions occurring between industries and final consumers. How variables react to each other is specified by the elasticities of the database. ...
This PDF is a selection from an out-of-print volume from... Bureau of Economic Research
... what was never intended. If linkage of these or similar models were to be undertaken, it would have to be on a cooperative basis with objective5 clearly defined. In the concluding section we offer some suggestions for desirable improvements from the viewpoint of linkage into a regional model of the ...
... what was never intended. If linkage of these or similar models were to be undertaken, it would have to be on a cooperative basis with objective5 clearly defined. In the concluding section we offer some suggestions for desirable improvements from the viewpoint of linkage into a regional model of the ...
Medium Term Business Cycles in Developing Countries
... between developed and developing countries. Figure 1A plots the series of HP-…ltered GDP in the U.S. and Mexico. The contemporaneous cross-country correlation is 0.42 (with a p-value of 7%). U.S. business ‡uctuations such as the internet-driven expansion during the second half of the 1990s, the burs ...
... between developed and developing countries. Figure 1A plots the series of HP-…ltered GDP in the U.S. and Mexico. The contemporaneous cross-country correlation is 0.42 (with a p-value of 7%). U.S. business ‡uctuations such as the internet-driven expansion during the second half of the 1990s, the burs ...
PPT chapter 12 - McGraw Hill Higher Education
... • The Solow-Swan model is based on a production function expressed in per capita terms, so that the level of per capita output (or income) depends on total factor productivity and the ratio of capital to labour. • The Solow-Swan model predicts that there will be no further growth in per capita incom ...
... • The Solow-Swan model is based on a production function expressed in per capita terms, so that the level of per capita output (or income) depends on total factor productivity and the ratio of capital to labour. • The Solow-Swan model predicts that there will be no further growth in per capita incom ...
Medium Term Business Cycles in Developing Countries
... of which, since 1990, 70% have been in the form of FDI (Loayza and Serven, 2006).2 It is well known (e.g. Comin and Hobijn, 2010) that developing countries adopt new technologies with signi…cant time lags relative to their invention date. In our model these lags vary endogenously with the cycle. Con ...
... of which, since 1990, 70% have been in the form of FDI (Loayza and Serven, 2006).2 It is well known (e.g. Comin and Hobijn, 2010) that developing countries adopt new technologies with signi…cant time lags relative to their invention date. In our model these lags vary endogenously with the cycle. Con ...
PDF scan to USB stick
... which informs his analysis of the process of rationalization, it has been suggested that Weber factually formulated a valuable compar ison of historical cultures (Schroeder 1992). Concerning Weber's sociological research concepts, then, major components like the agency-structure problern as weil as ...
... which informs his analysis of the process of rationalization, it has been suggested that Weber factually formulated a valuable compar ison of historical cultures (Schroeder 1992). Concerning Weber's sociological research concepts, then, major components like the agency-structure problern as weil as ...
This PDF is a selection from an out-of-print volume from... of Economic Research Volume Title: NBER Macroeconomics Annual 1986, Volume 1
... pay—has declined because the marginal revenue brought in by the extra worker is less than the average revenue. Senior workers who are not unduly at risk of being laid off might resist the plan. However, this conclusion does not necessarily follow if a large number of important firms introduce profit ...
... pay—has declined because the marginal revenue brought in by the extra worker is less than the average revenue. Senior workers who are not unduly at risk of being laid off might resist the plan. However, this conclusion does not necessarily follow if a large number of important firms introduce profit ...
Determinants of International Capital Flows:The Case of Malaysia:
... the higher the domestic interest rate, the more attractive the country is in terms of attraction to foreign capital. In contrast, both domestic BB and CAB are anticipated to have either positive or negative relationship with CAPF depending on how we perceive the variables. If we look at the variable ...
... the higher the domestic interest rate, the more attractive the country is in terms of attraction to foreign capital. In contrast, both domestic BB and CAB are anticipated to have either positive or negative relationship with CAPF depending on how we perceive the variables. If we look at the variable ...
Présentation PowerPoint - McGraw Hill Higher Education
... Aggregate supply depends on net investment Aggregate demand depends on gross investment. Economic depreciation can be more rapid than physical depreciation. The rate of depreciation depends on the type of capital. This chapter ignores government investment. 15% - 20% of private capital s ...
... Aggregate supply depends on net investment Aggregate demand depends on gross investment. Economic depreciation can be more rapid than physical depreciation. The rate of depreciation depends on the type of capital. This chapter ignores government investment. 15% - 20% of private capital s ...
The Production Account and GDP
... the first account in the SNA and this reflects the fundamental importance of the production process in the development and growth of an economy, i.e. without robust and sustainable production, the economy cannot grow and the people standard of living cannot improve. The process of production culmina ...
... the first account in the SNA and this reflects the fundamental importance of the production process in the development and growth of an economy, i.e. without robust and sustainable production, the economy cannot grow and the people standard of living cannot improve. The process of production culmina ...
X - Sacramento State
... economic and reconciliation challenges faced by the RPF on taking control of the country in July, 1994. Part three discusses the economic policies adopted by the RPF since 1994. Part four summarizes the gains accomplished through the RPF’s economic policies and then demonstrates how those economic ...
... economic and reconciliation challenges faced by the RPF on taking control of the country in July, 1994. Part three discusses the economic policies adopted by the RPF since 1994. Part four summarizes the gains accomplished through the RPF’s economic policies and then demonstrates how those economic ...