Lec_notes_1021
... experienced in other countries where annual inflation rates reach thousands of percent! (Examples include Germany between the two world wars and Zimbabwe recently. Germany, in particular, seems to have a very aggressive stance against inflation, likely due in large part to its experience with hyperi ...
... experienced in other countries where annual inflation rates reach thousands of percent! (Examples include Germany between the two world wars and Zimbabwe recently. Germany, in particular, seems to have a very aggressive stance against inflation, likely due in large part to its experience with hyperi ...
Presentation to Business and Community Leaders Las Vegas
... hopeful notes, things are now pretty upbeat, with only a couple of standard economist’s caveats thrown in. To wit: After a dip in the first quarter, real GDP bounced back sharply in the second quarter. All the data point toward momentum having been sustained entering the second half of the year, wi ...
... hopeful notes, things are now pretty upbeat, with only a couple of standard economist’s caveats thrown in. To wit: After a dip in the first quarter, real GDP bounced back sharply in the second quarter. All the data point toward momentum having been sustained entering the second half of the year, wi ...
Syllabus - Harvard Kennedy School
... Topics covered: What is the role of monetary and fiscal policy in an open economy? What determines the balance of payments, the level of economic activity, and inflation? Should countries fix their exchange rates, or let them float? How does the globalization of financial markets affect these and ot ...
... Topics covered: What is the role of monetary and fiscal policy in an open economy? What determines the balance of payments, the level of economic activity, and inflation? Should countries fix their exchange rates, or let them float? How does the globalization of financial markets affect these and ot ...
Impact_of_the_Crisis_on_Poverty_and_Access
... War reaching 8.5 % in 30 high income OECD countries. Job losses have particularly affected the disadvantaged groups such as young people, low skilled workers, immigrants, ethnic minorities and temporary staff. The IMF warns that there is likely to be a ‘jobless recovery’ with high unemployment and c ...
... War reaching 8.5 % in 30 high income OECD countries. Job losses have particularly affected the disadvantaged groups such as young people, low skilled workers, immigrants, ethnic minorities and temporary staff. The IMF warns that there is likely to be a ‘jobless recovery’ with high unemployment and c ...
San Diego Community Leaders’ Luncheon
... necessary to address the immediate needs of the affected areas. Monetary policy may come into play, however, in counteracting those impacts from the hurricane that continue over time and affect the country as a whole. I’m thinking particularly of the hurricane’s effects on energy prices, which could ...
... necessary to address the immediate needs of the affected areas. Monetary policy may come into play, however, in counteracting those impacts from the hurricane that continue over time and affect the country as a whole. I’m thinking particularly of the hurricane’s effects on energy prices, which could ...
What is Economic Growth?
... • Put simply, “Economic growth is an increase in the value of goods and services produced by an economy over time” • Why does economic growth matter….what are the benefits of economic growth? ...
... • Put simply, “Economic growth is an increase in the value of goods and services produced by an economy over time” • Why does economic growth matter….what are the benefits of economic growth? ...
Macroeconomic Stabilization via Fiscal Policy? Narayana Kocherlakota University of Rochester April 1, 2016
... Macroeconomic Stabilization via Fiscal Policy? Narayana Kocherlakota University of Rochester April 1, 2016 ...
... Macroeconomic Stabilization via Fiscal Policy? Narayana Kocherlakota University of Rochester April 1, 2016 ...
Probably time to revise our dual taxation system
... In order to really leverage on that, we do not only have to look at the domestic businesses as they are today, but we really need to think about how to further encourage people from overseas to come and live here. If you take a foreign entrepreneur who comes here with five people/employees, they mig ...
... In order to really leverage on that, we do not only have to look at the domestic businesses as they are today, but we really need to think about how to further encourage people from overseas to come and live here. If you take a foreign entrepreneur who comes here with five people/employees, they mig ...
Current Policy Challenges Faced by Emerging Market Economies and Korea 1. introduction
... domestic demand, weak linkages between savings and investment, and household debt overhang—not to mention the presage of demographic changes. I close my remarks with some suggestions for policy coordination. Governor Powell suggested the gradual restoration of advanced economies’ monetary policy, ta ...
... domestic demand, weak linkages between savings and investment, and household debt overhang—not to mention the presage of demographic changes. I close my remarks with some suggestions for policy coordination. Governor Powell suggested the gradual restoration of advanced economies’ monetary policy, ta ...
The US and UK resembled Japan during its lost decade. Real estate
... Over 30 years ago Japan experienced almost exactly what the western world is going through today. The country had a nationwide real estate bubble. From 1977 to 1990 prices more than doubled.2 When the bubble burst prices fell 76% from the peak.3 As banks realized losses on loans a credit crunch ensu ...
... Over 30 years ago Japan experienced almost exactly what the western world is going through today. The country had a nationwide real estate bubble. From 1977 to 1990 prices more than doubled.2 When the bubble burst prices fell 76% from the peak.3 As banks realized losses on loans a credit crunch ensu ...
Financial Contracting and the Specialization of Assets
... of cases where the boom occurred). The last column shows the number of countries in which a boom occurred. A real estate boom exists if the annual real house price appreciation rate during 2000-2006 is above the ad-hoc threshold of 1.5 percent or the annual real house price appreciation rate in the ...
... of cases where the boom occurred). The last column shows the number of countries in which a boom occurred. A real estate boom exists if the annual real house price appreciation rate during 2000-2006 is above the ad-hoc threshold of 1.5 percent or the annual real house price appreciation rate in the ...
The US and UK resembled Japan during its lost
... Over 30 years ago Japan experienced almost exactly what the western world is going through today. The country had a nationwide real estate bubble. From 1977 to 1990 prices more than doubled.2 When the bubble burst prices fell 76% from the peak.3 As banks realized losses on loans a credit crunch ensu ...
... Over 30 years ago Japan experienced almost exactly what the western world is going through today. The country had a nationwide real estate bubble. From 1977 to 1990 prices more than doubled.2 When the bubble burst prices fell 76% from the peak.3 As banks realized losses on loans a credit crunch ensu ...
Roots of a Permanent Crisis Propensity in our Contemporary World-system* Tamás Szentes
... the demand and supply of money, as well as the determinants of the demand and supply in the factor markets he gave up the Classical and Neo-Classical assumption about a flexible interaction between demand, supply and the price in the product as well as factor markets. Namely the assumption according ...
... the demand and supply of money, as well as the determinants of the demand and supply in the factor markets he gave up the Classical and Neo-Classical assumption about a flexible interaction between demand, supply and the price in the product as well as factor markets. Namely the assumption according ...
9 Surplus reversals in large nations: The cases of France and Great
... Great Britain suffered a long-term decline in its strong current account surplus between 1870 and the 1920s. The sharpest declines in the surpluses (ignoring the effects of World War I) were felt in the mid to late 1920s. British surpluses arose out of industrial superiority and the rise of sterling ...
... Great Britain suffered a long-term decline in its strong current account surplus between 1870 and the 1920s. The sharpest declines in the surpluses (ignoring the effects of World War I) were felt in the mid to late 1920s. British surpluses arose out of industrial superiority and the rise of sterling ...
Global Marketing - silabus fe unila
... trade has grown from $200 billion to more than $7 trillion in the past three decades. The Iron Curtain is gone and capitalism is the new economic order. Firms invest on a global scale. Increasingly more difficult to define “where” products come from. New trading blocs are emerging. ...
... trade has grown from $200 billion to more than $7 trillion in the past three decades. The Iron Curtain is gone and capitalism is the new economic order. Firms invest on a global scale. Increasingly more difficult to define “where” products come from. New trading blocs are emerging. ...
The Situation of Transition Economies In The Global Crisis
... “Domestic Savings: Per capita income is low in these countries. Also, domestic savings are not enough, because they people spend all or most of their incomes on consumption. Exchange Stocks: Exportation is not enough in these countries, because domestic production is not capable to compete with othe ...
... “Domestic Savings: Per capita income is low in these countries. Also, domestic savings are not enough, because they people spend all or most of their incomes on consumption. Exchange Stocks: Exportation is not enough in these countries, because domestic production is not capable to compete with othe ...
A One-Weekend-Reader`s Guide, Journal of
... Office Hours: by appointment – Building B – 3rd Floor – Office D8 Course description: This course is concerned with macroeconomic theory and policy. We study the links between key macroeconomic variables such as output, unemployment, inflation, public debt and deficits, money supply, interest rates, ...
... Office Hours: by appointment – Building B – 3rd Floor – Office D8 Course description: This course is concerned with macroeconomic theory and policy. We study the links between key macroeconomic variables such as output, unemployment, inflation, public debt and deficits, money supply, interest rates, ...
Montreux Summary Presentation
... – Apart from OECD, CEE/CIS (external financing, terms of trade) and Latin American countries (external demand) appear the most negatively affected currently – Economic growth projections were revised downward also for Africa: here currently +2.4% growth is expected in 2009 (are similar to the rate o ...
... – Apart from OECD, CEE/CIS (external financing, terms of trade) and Latin American countries (external demand) appear the most negatively affected currently – Economic growth projections were revised downward also for Africa: here currently +2.4% growth is expected in 2009 (are similar to the rate o ...
Global growth has been underpinned by developments in EMEs
... Sources: Kagiso Securities, Rand Merchant Bank (RMB), FNB, Ernst & Young and the Bureau for Economic Research (BER), Stellenbosch University ...
... Sources: Kagiso Securities, Rand Merchant Bank (RMB), FNB, Ernst & Young and the Bureau for Economic Research (BER), Stellenbosch University ...
How Did Economists Get It So Wrong?
... markets price assets precisely at their intrinsic worth given all publicly available information. (The price of a company’s stock, for example, always accurately reflects the company’s value given the information available on the company’s earnings, its business prospects and so on.) And by the 1980 ...
... markets price assets precisely at their intrinsic worth given all publicly available information. (The price of a company’s stock, for example, always accurately reflects the company’s value given the information available on the company’s earnings, its business prospects and so on.) And by the 1980 ...
academic honesty
... Class attendance is not mandatory, but the course is designed such that students who choose not to attend the lectures will be at a disadvantage. There will be two mid-term exams, one final exam, and an unspecified number (ranging from 4 to 6) of quizzes. There will be no homework assignments. You a ...
... Class attendance is not mandatory, but the course is designed such that students who choose not to attend the lectures will be at a disadvantage. There will be two mid-term exams, one final exam, and an unspecified number (ranging from 4 to 6) of quizzes. There will be no homework assignments. You a ...
The New, New World Order
... Louvre Accord (February 1987) later announced efforts to stabilize exchange rates around the levels then prevailing, although any stability lasted only until the October 1987 stock market crash. ...
... Louvre Accord (February 1987) later announced efforts to stabilize exchange rates around the levels then prevailing, although any stability lasted only until the October 1987 stock market crash. ...
X100 Introduction to Business
... Requires a high degree of commitment from all parties involved. New United Motor Manufacturing, Inc is a pioneering joint venture of General Motors and Toyota. Established in Fremont, CA in 1984, NUMMI helped change the automobile industry by introducing the Toyota Production System and a teamwork-b ...
... Requires a high degree of commitment from all parties involved. New United Motor Manufacturing, Inc is a pioneering joint venture of General Motors and Toyota. Established in Fremont, CA in 1984, NUMMI helped change the automobile industry by introducing the Toyota Production System and a teamwork-b ...
Israel Economic Highlights Presentation 1st Quarter 2014
... “The country’s main strengths remain its world-class capacity for innovation (3rd), which rests on innovative businesses that benefit from the presence of some of the world’s best research institutions (3rd), support by the government through public procurement policies (9th), and a favorable financ ...
... “The country’s main strengths remain its world-class capacity for innovation (3rd), which rests on innovative businesses that benefit from the presence of some of the world’s best research institutions (3rd), support by the government through public procurement policies (9th), and a favorable financ ...
Nouriel Roubini
Nouriel Roubini (born March 29, 1958) is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics, an economic consultancy firm.The child of Iranian Jews, he was born in Turkey and grew up in Italy. After receiving a BA in political economics at Bocconi University, Milan and a doctorate in international economics at Harvard University, he became an academic at Yale and a practising economist at the International Monetary Fund (IMF), the Federal Reserve, World Bank, and Bank of Israel. Much of his early research focused on emerging markets. During the administration of President Bill Clinton, he was a senior economist for the Council of Economic Advisers, later moving to the United States Treasury Department as a senior adviser to Timothy Geithner, who in 2009 became Treasury Secretary.