State of the Economy: An Overview
... has declined to nearly half of what it was a few years ago. However, weak growth in advanced and emerging economies has taken its toll on India’s exports. As imports have also declined, principally on account of reduced prices of crude oil for which the country is heavily dependent on imports, trade ...
... has declined to nearly half of what it was a few years ago. However, weak growth in advanced and emerging economies has taken its toll on India’s exports. As imports have also declined, principally on account of reduced prices of crude oil for which the country is heavily dependent on imports, trade ...
NBER WORKING PAPER SERIES INVESTMENT, OPENNESS AND COUNTRY RISK Joshua Aizenman
... I' Thus, we operate on the upwards sloping portion of the supply of credit as long as c < 1, and we reach the credit ceiling where c = 1. for further details on the factors determining the supply of credit in the presence of country risk see Aizenman (1986). 2/ This assumption is consistent with wel ...
... I' Thus, we operate on the upwards sloping portion of the supply of credit as long as c < 1, and we reach the credit ceiling where c = 1. for further details on the factors determining the supply of credit in the presence of country risk see Aizenman (1986). 2/ This assumption is consistent with wel ...
An Integrated Micro-Macro (IMM) approach to the
... target audience. Stated formally, this can be best described as the maximisation of a target (or criterion) function with multiple goals subject to a set of different restrictions (or constraints). From an economic perspective this maximisation approach implies that all foreseeable costs and benefit ...
... target audience. Stated formally, this can be best described as the maximisation of a target (or criterion) function with multiple goals subject to a set of different restrictions (or constraints). From an economic perspective this maximisation approach implies that all foreseeable costs and benefit ...
NBER WORKING PAPER SERIES INTERNATIONAL FINANCIAL INTEGRATION AND ECONOMIC GROWTH Hali J. Edison
... simply report the results with total capital flows. While we recognize the problems associated with using the Flow of Capital indicator, we include it to provide as comprehensive an empirical assessment of IFI and growth as possible. Stock of Capital Inflows accumulates FDI and portfolio inflows as ...
... simply report the results with total capital flows. While we recognize the problems associated with using the Flow of Capital indicator, we include it to provide as comprehensive an empirical assessment of IFI and growth as possible. Stock of Capital Inflows accumulates FDI and portfolio inflows as ...
nec07 Fogel 5896746 en
... First, enumerating alternative stories consistent with a negative correlation underscores the relative plausibility of Schumpeter’s (1912) theory of economic development. This is because we link faster growth to a higher death rate of old leading firms, not just to their eclipse by new bigger firms ...
... First, enumerating alternative stories consistent with a negative correlation underscores the relative plausibility of Schumpeter’s (1912) theory of economic development. This is because we link faster growth to a higher death rate of old leading firms, not just to their eclipse by new bigger firms ...
Why Does Employment in All Major Sectors Move Together over the
... worker. Taken together, these two facts imply that the extensive margin is the critical margin in understanding the positive sectoral correlation of labor input. Motivated by this observation, I construct a two sector business cycle model that explicitly characterizes the behavior of sectoral employ ...
... worker. Taken together, these two facts imply that the extensive margin is the critical margin in understanding the positive sectoral correlation of labor input. Motivated by this observation, I construct a two sector business cycle model that explicitly characterizes the behavior of sectoral employ ...
Title: Why Foreign Aid may be More Effective at Promoting Economic
... such capitalist reform, when it is actually implemented, has been associated with increased economic growth (e.g. Barro 1991, Knack and Keefer 1995, Leblang 1996, Goldsmith 1997, Frankel and Romer 1999, and Claessens and Laeven 2003).5 Of course, developing country governments often find it hard to ...
... such capitalist reform, when it is actually implemented, has been associated with increased economic growth (e.g. Barro 1991, Knack and Keefer 1995, Leblang 1996, Goldsmith 1997, Frankel and Romer 1999, and Claessens and Laeven 2003).5 Of course, developing country governments often find it hard to ...
UK Economic Performance Since 1997: Growth, Productivity and Jobs
... We focus on measures of business performance, especially productivity growth. This is a key economic indicator as in the long run, productivity determines material wellbeing – wages and consumption. Productivity determines the size of the “economic pie” available to the citizens of a country. The bi ...
... We focus on measures of business performance, especially productivity growth. This is a key economic indicator as in the long run, productivity determines material wellbeing – wages and consumption. Productivity determines the size of the “economic pie” available to the citizens of a country. The bi ...
Credit and Business Cycles
... productive agents and unproductive agents. Both have the technology to invest goods in the present period to obtain returns in the following period and productive agents have the technology to achieve a higher rate of return. Over time, some of the present productive agents become unproductive, and ...
... productive agents and unproductive agents. Both have the technology to invest goods in the present period to obtain returns in the following period and productive agents have the technology to achieve a higher rate of return. Over time, some of the present productive agents become unproductive, and ...
Economy-wide impacts of REDD when there is political influence - Working Paper 110 (456 kB) (opens in new window)
... affect different sectors, including their use of forest. In this respect, we follow earlier work concerned with the impacts of different policies on deforestation in a general equilibrium setting; for example, Deacon (1995), who examined the impact of transportation improvements, taxes and new emplo ...
... affect different sectors, including their use of forest. In this respect, we follow earlier work concerned with the impacts of different policies on deforestation in a general equilibrium setting; for example, Deacon (1995), who examined the impact of transportation improvements, taxes and new emplo ...
The Role of Infrastructure in Pakistan's Economic Development: 1972- 1991 Looney, R.E.
... basic infrastructural facilities in potential_ development areas. Transport, for example. can be a limiting factor without which no development process could take off even if other development inducing factors were in play. Beyond this point. opinions on infrastructure's role in socioeconomic develo ...
... basic infrastructural facilities in potential_ development areas. Transport, for example. can be a limiting factor without which no development process could take off even if other development inducing factors were in play. Beyond this point. opinions on infrastructure's role in socioeconomic develo ...
pg07 Daveri 5064423 en
... productivity growth fell first and substantially in non-durable goods industries from 3.1% to 0.7%, while labor productivity for durable producers slowed down just a bit (from 2.7% to 1.7%). In the more recent years, productivity growth collapsed for durable producers as well (-2.7% in 20002003) and ...
... productivity growth fell first and substantially in non-durable goods industries from 3.1% to 0.7%, while labor productivity for durable producers slowed down just a bit (from 2.7% to 1.7%). In the more recent years, productivity growth collapsed for durable producers as well (-2.7% in 20002003) and ...
Social Capital, Investment and Economic Growth: Evidence for Spanish Provinces Jesús Peiró-Palomino
... in a low intensity social capital equilibrium. This low social capital stock is inherited, following these authors, from generation to generation as a result of past political experiences. Social capital implications can also reach the credit market. One of the most important contributions is Guiso ...
... in a low intensity social capital equilibrium. This low social capital stock is inherited, following these authors, from generation to generation as a result of past political experiences. Social capital implications can also reach the credit market. One of the most important contributions is Guiso ...
Aalborg Universitet The Emancipatory Potential of Ecological Economics: A Thermodynamic Perspective
... 1.2 Sustainable development and environmental economics Environmental problems were once commonly believed to be solvable in isolation from social issues, but this changed with the arrival of the influential Brundtland Report (World Commission on Environment and Development [WCED] 1987). The report ...
... 1.2 Sustainable development and environmental economics Environmental problems were once commonly believed to be solvable in isolation from social issues, but this changed with the arrival of the influential Brundtland Report (World Commission on Environment and Development [WCED] 1987). The report ...
Labor Flow Link - northwesterndebateinstitute2012
... Marginal corrective policies assume that societal forces will not compensate for any changes in the status quo.¶ These discussions of policy perform important an ideological function, however. On the one hand, they make it seem as if “something is being done.” So that the state appears as an unbiase ...
... Marginal corrective policies assume that societal forces will not compensate for any changes in the status quo.¶ These discussions of policy perform important an ideological function, however. On the one hand, they make it seem as if “something is being done.” So that the state appears as an unbiase ...
