![Fiscal policy, net exports, and the sectoral composition of output in](http://s1.studyres.com/store/data/015286806_1-a41f87c8c4930541246e8292dd729dac-300x300.png)
AN ASSESSMENT OF THE IMPACT OF HIV/AIDS ON ECONOMIC
... explores the different channels through which HIV/AIDS affects economic growth in a lowincome country like Kenya. Within this framework, the paper attempts to analyse the impact of HIV/AIDS on Kenya’s economic growth by way of simulations using a macroeconomic model for the Kenyan economy. Some of t ...
... explores the different channels through which HIV/AIDS affects economic growth in a lowincome country like Kenya. Within this framework, the paper attempts to analyse the impact of HIV/AIDS on Kenya’s economic growth by way of simulations using a macroeconomic model for the Kenyan economy. Some of t ...
Warsaw Office Market
... The investments into commercial properties have always been crucial for the development of the market as a whole. Warsaw’s real estate is one of the key targets for all institutional funds and private investors, looking to diversify their investment portfolio across Europe. Low market risk and the r ...
... The investments into commercial properties have always been crucial for the development of the market as a whole. Warsaw’s real estate is one of the key targets for all institutional funds and private investors, looking to diversify their investment portfolio across Europe. Low market risk and the r ...
View/Open
... Shift-share analysis is used to examine the growth rate of a given region relative to some base economy, usually the nation. If the shift-share of the ith region is positive (negative) then the region grew at a rate faster (slower) than nation. Shift-share disaggregates growth into two major compone ...
... Shift-share analysis is used to examine the growth rate of a given region relative to some base economy, usually the nation. If the shift-share of the ith region is positive (negative) then the region grew at a rate faster (slower) than nation. Shift-share disaggregates growth into two major compone ...
influence of selected factors on the demand for money 1994–2000
... 1994 and 20001 and to show the effects of some factors influencing its development. This analysis shares a common base with and draws on earlier studies: The Demand for Money in the Czech Economy (Hanousek, Tuma, 1995), The Demand-for-Money Function: the Case of the Czech Economy (Klacek, Šmídková, ...
... 1994 and 20001 and to show the effects of some factors influencing its development. This analysis shares a common base with and draws on earlier studies: The Demand for Money in the Czech Economy (Hanousek, Tuma, 1995), The Demand-for-Money Function: the Case of the Czech Economy (Klacek, Šmídková, ...
NBER WORKING PAPER SERIES MACROECONOMIC MODELING FOR MONETARY POLICY EVALUATION Jordi Galí
... prices. It is important, however, to distinguish between money and monetary policy: Monetary policy a¤ects real activity in the short run purely through its impact on market interest rates. In particular, the central bank a¤ects aggregate spending by controlling the short term interest rate and, thr ...
... prices. It is important, however, to distinguish between money and monetary policy: Monetary policy a¤ects real activity in the short run purely through its impact on market interest rates. In particular, the central bank a¤ects aggregate spending by controlling the short term interest rate and, thr ...
RVI117RomeroMarquez_en.pdf
... under way. Thus, the preponderance of oil in total exports has been falling rapidly: whereas in 1985 oil accounted for 66% of total exports, its share fell to 46% in 2000 and to 39.8% in 2010. Abundant literature exists about the risks and potential adverse effects on long-term growth of booming eco ...
... under way. Thus, the preponderance of oil in total exports has been falling rapidly: whereas in 1985 oil accounted for 66% of total exports, its share fell to 46% in 2000 and to 39.8% in 2010. Abundant literature exists about the risks and potential adverse effects on long-term growth of booming eco ...
Long-Term Population, Housing and Economic
... Long Term .................................................................................................................................... 5 ...
... Long Term .................................................................................................................................... 5 ...
Foundations of Economics, 3e (Bade/Parkin)
... 29) Explain how changes in foreign income can impact real GDP in a country. Answer: Changes in the income of any nation impact the level of exports and imports of all other nations trading with it. For example, in the United States aggregate demand increases if the income of our trading partners, s ...
... 29) Explain how changes in foreign income can impact real GDP in a country. Answer: Changes in the income of any nation impact the level of exports and imports of all other nations trading with it. For example, in the United States aggregate demand increases if the income of our trading partners, s ...
Income distribution and borrowing. A New Cambridge model for the
... No one saw this coming? Some critics may argue against a prediction which started in 1999, on the ground of the “stopped clock syndrome”. Bezemer (forthcoming) “No One Saw This Coming” reviews the relevant literature and finds that only 12 economists (and their teams) anticipated the recession “…in ...
... No one saw this coming? Some critics may argue against a prediction which started in 1999, on the ground of the “stopped clock syndrome”. Bezemer (forthcoming) “No One Saw This Coming” reviews the relevant literature and finds that only 12 economists (and their teams) anticipated the recession “…in ...
Output, Business Cycles, and Employment
... time periods. Furthermore, because supplies of factor inputs and technology are fixed, there is no growth in real GDP. We leave that topic for a later chapter. The national accounts we studied in Chapter 4 describe and measure economic activity in terms of aggregate expenditures, outputs, and income ...
... time periods. Furthermore, because supplies of factor inputs and technology are fixed, there is no growth in real GDP. We leave that topic for a later chapter. The national accounts we studied in Chapter 4 describe and measure economic activity in terms of aggregate expenditures, outputs, and income ...
2000 - PDST
... (b) In Ireland, at present, would you expect GNP to be greater than, equal to, or less than GDP? Explain your answer. (15 marks) (c) (i) ...
... (b) In Ireland, at present, would you expect GNP to be greater than, equal to, or less than GDP? Explain your answer. (15 marks) (c) (i) ...
Macroeconomic Imbalances. Country Report – Germany 2015
... but is expected to gradually strengthen. Domestic demand has eventually taken over as a main driver of growth and household consumption has developed well, but business investment has disappointed and remains subdued. Going forward, economic activity is expected to gradually strengthen. The positive ...
... but is expected to gradually strengthen. Domestic demand has eventually taken over as a main driver of growth and household consumption has developed well, but business investment has disappointed and remains subdued. Going forward, economic activity is expected to gradually strengthen. The positive ...
My lecture
... • Growth of GDP depends on resources (capital, labor) and technology. • Productivity growth determines improved standard of living. • Investments increase capital and technology and contribute to productivity growth. • Savings in an economy has to match the investments. The two are equated by real i ...
... • Growth of GDP depends on resources (capital, labor) and technology. • Productivity growth determines improved standard of living. • Investments increase capital and technology and contribute to productivity growth. • Savings in an economy has to match the investments. The two are equated by real i ...
Chapter 9
... – The real interest rate did not rise during the 1973–1974 oil price shock (though it did during the 1979–1980 shock) • It could be that people expected the 1973–1974 oil price shock to be permanent • In that case the real interest rate would not necessarily rise • If so, people’s expectations were ...
... – The real interest rate did not rise during the 1973–1974 oil price shock (though it did during the 1979–1980 shock) • It could be that people expected the 1973–1974 oil price shock to be permanent • In that case the real interest rate would not necessarily rise • If so, people’s expectations were ...
Ragnar Nurkse's balanced growth theory
The balanced growth theory is an economic theory pioneered by the economist Ragnar Nurkse (1907–1959). The theory hypothesises that the government of any underdeveloped country needs to make large investments in a number of industries simultaneously. This will enlarge the market size, increase productivity, and provide an incentive for the private sector to invest.Nurkse was in favour of attaining balanced growth in both the industrial and agricultural sectors of the economy. He recognised that the expansion and inter-sectoral balance between agriculture and manufacturing is necessary so that each of these sectors provides a market for the products of the other and in turn, supplies the necessary raw materials for the development and growth of the other.Nurkse and Paul Rosenstein-Rodan were the pioneers of balanced growth theory and much of how it is understood today dates back to their work.Nurkse's theory discusses how the poor size of the market in underdeveloped countries perpetuates its underdeveloped state. Nurkse has also clarified the various determinants of the market size and puts primary focus on productivity. According to him, if the productivity levels rise in a less developed country, its market size will expand and thus it can eventually become a developed economy. Apart from this, Nurkse has been nicknamed an export pessimist, as he feels that the finances to make investments in underdeveloped countries must arise from their own domestic territory. No importance should be given to promoting exports.