NBER WORKING PAPER SERIES MILITARY EXPENDITURE, THREATS, AND GROWTH Joshua Aizenman Reuven Glick
... of consistency must be addressed before they can be assembled into a single panel time series. The main problem concerns how the ACDA converts local currency spending data into current or real dollar terms for comparison across countries and time; this problem is much less severe when the spending d ...
... of consistency must be addressed before they can be assembled into a single panel time series. The main problem concerns how the ACDA converts local currency spending data into current or real dollar terms for comparison across countries and time; this problem is much less severe when the spending d ...
Burnside and Dolar (2000) analyses the relationship among
... where there are two sector in the economy: the formal sector, where productivity is high and firms pay taxes, and the shadow sector, where productivity is low but production is not taxable. As some groups have power to extract transfers from the government the capital stock of the formal sector beco ...
... where there are two sector in the economy: the formal sector, where productivity is high and firms pay taxes, and the shadow sector, where productivity is low but production is not taxable. As some groups have power to extract transfers from the government the capital stock of the formal sector beco ...
EURURALIS 2.0
... Eururalis produces results on a detailed level within European Member States. Eururalis is strong in simulating the effects of global contexts for European agriculture and rural areas. In order to provide results on economic and ecological issues consistently, the different models are linked through ...
... Eururalis produces results on a detailed level within European Member States. Eururalis is strong in simulating the effects of global contexts for European agriculture and rural areas. In order to provide results on economic and ecological issues consistently, the different models are linked through ...
NBER WORKING PAPER SERIES TOWARDS A THEORY OF CURRENT ACCOUNTS Jaume Ventura
... With this theory of country portfolios at hand, it is immediate to derive a theory of investment. Assume changes in the world supply and demand for capital are roughly equivalent and the interest rate is stable. Then, investment should be higher than average in those countries and years in which th ...
... With this theory of country portfolios at hand, it is immediate to derive a theory of investment. Assume changes in the world supply and demand for capital are roughly equivalent and the interest rate is stable. Then, investment should be higher than average in those countries and years in which th ...
Is Piketty`s âSecond Law of Capitalismâ Fundamental? 1 Introduction
... participants for helpful comments. One of us (Tony Smith) would like to remember Bob Daubert for his unfailing support and enthusiastic discussion, not only here but from the very beginning. ...
... participants for helpful comments. One of us (Tony Smith) would like to remember Bob Daubert for his unfailing support and enthusiastic discussion, not only here but from the very beginning. ...
PDF
... users of feed grains, especially corn, and soybean meal. In 1985, feed usage in the dairy and pork industries accounted for over one third of the domestic demand for corn and soybean meal. 12 Thus, the potential impacts on prices and product mix in the domestic crop sector may also be very large. Th ...
... users of feed grains, especially corn, and soybean meal. In 1985, feed usage in the dairy and pork industries accounted for over one third of the domestic demand for corn and soybean meal. 12 Thus, the potential impacts on prices and product mix in the domestic crop sector may also be very large. Th ...
Chapter 30 Growth in the Less-Developed Countries 1. Which of the
... a. Incorrect. This is an example of infrastructure. b. Incorrect. This is an example of infrastructure. c. Correct. The political system is not a capital good. d. Incorrect. This is an example of infrastructure. 18. Which of the following best defines the vicious circle of poverty? a. Countries are ...
... a. Incorrect. This is an example of infrastructure. b. Incorrect. This is an example of infrastructure. c. Correct. The political system is not a capital good. d. Incorrect. This is an example of infrastructure. 18. Which of the following best defines the vicious circle of poverty? a. Countries are ...
World History - Prairie Hills USD 113
... nations have wants or needs they cannot fulfill on their own). 10. Individuals and nations have a comparative advantage in the production of goods for services if they can produce a product at a lower opportunity cost than other individuals or nations. 11. Compares characteristics of traditional com ...
... nations have wants or needs they cannot fulfill on their own). 10. Individuals and nations have a comparative advantage in the production of goods for services if they can produce a product at a lower opportunity cost than other individuals or nations. 11. Compares characteristics of traditional com ...
Cover Page
... Wachovia Corporation Economics Group publications are distributed by Wachovia Corporation directly and through subsidiaries including, but not limited to, Wachovia Capital Markets, LLC, Wachovia Securities, LLC and Wachovia Securities International Limited. The information and opinions herein are fo ...
... Wachovia Corporation Economics Group publications are distributed by Wachovia Corporation directly and through subsidiaries including, but not limited to, Wachovia Capital Markets, LLC, Wachovia Securities, LLC and Wachovia Securities International Limited. The information and opinions herein are fo ...
Services-led Growth: The Indian Experience
... outsourcing of various types of services by industrial and agricultural enterprises, the other demand side factors contributing to services GDP are found to be government final consumption expenditure, export of services and a significant shift towards consumption of services by households due to in ...
... outsourcing of various types of services by industrial and agricultural enterprises, the other demand side factors contributing to services GDP are found to be government final consumption expenditure, export of services and a significant shift towards consumption of services by households due to in ...
Neoclassical Models in Macroeconomics∗
... that resource reallocation across U.S. manufacturing establishments is very large and is continuously evolving, and Greenwood and Yorokoglu (1997) and Manuelli and Seshadri (2008), who analyze the di¤usion of new technologies and their long-run economic e¤ects. The analysis also connects with studie ...
... that resource reallocation across U.S. manufacturing establishments is very large and is continuously evolving, and Greenwood and Yorokoglu (1997) and Manuelli and Seshadri (2008), who analyze the di¤usion of new technologies and their long-run economic e¤ects. The analysis also connects with studie ...
Investment Hangover and the Great Recessionâ
... of residential capital as a key driving factor of the recession. In contrast, Eggertsson and Krugman (2012) emphasize a consumption shock due to household deleveraging, and Christiano, Eichenbaum, Trabandt (2014) emphasize a nonresidential investment shock due to …rms’…nancial frictions (as well as ...
... of residential capital as a key driving factor of the recession. In contrast, Eggertsson and Krugman (2012) emphasize a consumption shock due to household deleveraging, and Christiano, Eichenbaum, Trabandt (2014) emphasize a nonresidential investment shock due to …rms’…nancial frictions (as well as ...
Slides - Cerge-Ei
... Rise in savings implied by rise in risk translates into a rise in capital in benchmark closed economy. In an open economy, fraction of the rise in savings may be absorbed by foreign countries. In a calibrated open economy exercise, skill premium increases by 8 pp. in return to the rise in risk. ...
... Rise in savings implied by rise in risk translates into a rise in capital in benchmark closed economy. In an open economy, fraction of the rise in savings may be absorbed by foreign countries. In a calibrated open economy exercise, skill premium increases by 8 pp. in return to the rise in risk. ...
