pen04Knaap-2 225520 en
... a lower birth rate, a lower mortality rate and the baby boom that followed World War II. These developments, together with the maturing of their membership, will severely reduce the premium base of occupational pension funds compared to their future obligations. The ratio between obligations and the ...
... a lower birth rate, a lower mortality rate and the baby boom that followed World War II. These developments, together with the maturing of their membership, will severely reduce the premium base of occupational pension funds compared to their future obligations. The ratio between obligations and the ...
The True Cost of Sound Recording Piracy to the US Economy
... impact of recorded music piracy on the U.S. economy as a whole. Combining the latest data on worldwide piracy of recorded music with multipliers from a well established U.S. government model, this study concludes that recorded music piracy costs American workers significant losses in jobs and earning ...
... impact of recorded music piracy on the U.S. economy as a whole. Combining the latest data on worldwide piracy of recorded music with multipliers from a well established U.S. government model, this study concludes that recorded music piracy costs American workers significant losses in jobs and earning ...
Subjective Well-Being, Income, Economic Development and Growth
... to our point-in-time estimates. We present economically and statistically significant evidence of a positive relationship between economic growth and rising satisfaction over time, although limited data mean that these estimates are less precise than are those from the within- or between- country re ...
... to our point-in-time estimates. We present economically and statistically significant evidence of a positive relationship between economic growth and rising satisfaction over time, although limited data mean that these estimates are less precise than are those from the within- or between- country re ...
The ”Swedish Model” has fascinated social scientists and politicians
... 2. The Content of the R-M model The two LO economists Gösta Rehn and Rudolf Meidner became more and more critical of the Keynesian economic policy in the early post-war period. A general policy of expansion lead to ‘over-employment’ including high absenteeism, high staff turnover and a greater risk ...
... 2. The Content of the R-M model The two LO economists Gösta Rehn and Rudolf Meidner became more and more critical of the Keynesian economic policy in the early post-war period. A general policy of expansion lead to ‘over-employment’ including high absenteeism, high staff turnover and a greater risk ...
Table 4: Estimating Real Consumption as a Function of Consumer
... consumer confidence can be found by examining areas where a high percentage of total employment is found in the manufacturing sector. These findings lend support to the school of thought which posits that confidence works at least in part by reflecting other fundamental changes in the economy which ...
... consumer confidence can be found by examining areas where a high percentage of total employment is found in the manufacturing sector. These findings lend support to the school of thought which posits that confidence works at least in part by reflecting other fundamental changes in the economy which ...
Understanding Inflation as a Joint Monetary-Fiscal Phenomenon Eric M. Leeper Campbell Leith
... Table 1: Net general government debt as percent of GDP. Projections for 2015. Source: International Monetary Fund (2014) 6. In 2013, Japan’s newly elected prime minister Shinzō Abe adopted “Abenomics,” a mix of fiscal stimulus, monetary easing and structural reforms designed to re-inflate a Japanes ...
... Table 1: Net general government debt as percent of GDP. Projections for 2015. Source: International Monetary Fund (2014) 6. In 2013, Japan’s newly elected prime minister Shinzō Abe adopted “Abenomics,” a mix of fiscal stimulus, monetary easing and structural reforms designed to re-inflate a Japanes ...
CHAPTER ELEVEN UNEMPLOYMENT
... form of baby booms and busts, population migration, and even political unification and disintegration. A responsive labor market must find room not only for a continued flow of new entrants of differing skills and attitudes, but also for re-entrants who had temporarily withdrawn from the work force. ...
... form of baby booms and busts, population migration, and even political unification and disintegration. A responsive labor market must find room not only for a continued flow of new entrants of differing skills and attitudes, but also for re-entrants who had temporarily withdrawn from the work force. ...
Understanding Inflation as a Joint Monetary-Fiscal Phenomenon Eric M. Leeper Campbell Leith
... Table 1: Net general government debt as percent of GDP. Projections for 2015. Source: International Monetary Fund (2014) 6. In 2013, Japan’s newly elected prime minister Shinzō Abe adopted “Abenomics,” a mix of fiscal stimulus, monetary easing and structural reforms designed to re-inflate a Japanes ...
... Table 1: Net general government debt as percent of GDP. Projections for 2015. Source: International Monetary Fund (2014) 6. In 2013, Japan’s newly elected prime minister Shinzō Abe adopted “Abenomics,” a mix of fiscal stimulus, monetary easing and structural reforms designed to re-inflate a Japanes ...
Economic Analysis - Directorate of Distance Education
... Kennedy-Johnson tax cuts of 1964, which lowered tax rates sharply and were followed by an increase in government revenues in 1965. Ergo, they argue, lower tax rates produce higher revenues. What is wrong with this reasoning? This argument overlooks the fact that the economy grew from 1964 to 1965. B ...
... Kennedy-Johnson tax cuts of 1964, which lowered tax rates sharply and were followed by an increase in government revenues in 1965. Ergo, they argue, lower tax rates produce higher revenues. What is wrong with this reasoning? This argument overlooks the fact that the economy grew from 1964 to 1965. B ...
Nordic Outlook, February 2017
... Keynesian features of demand stimulus programmes. And although many people fear the threat of protectionism, there is also widespread criticism of trade agreements that now exist or were about to be signed. This criticism is based on the contention that these agreements arbitrarily benefit specific ...
... Keynesian features of demand stimulus programmes. And although many people fear the threat of protectionism, there is also widespread criticism of trade agreements that now exist or were about to be signed. This criticism is based on the contention that these agreements arbitrarily benefit specific ...
2015 Intergenerational Report Australia in 2055
... Of the three key drivers of economic growth, productivity has historically been the most important to Australia’s economic performance. Put simply, productivity is about working more efficiently or producing more or better quality goods and services with the same level of resources. Australia has en ...
... Of the three key drivers of economic growth, productivity has historically been the most important to Australia’s economic performance. Put simply, productivity is about working more efficiently or producing more or better quality goods and services with the same level of resources. Australia has en ...
The EBE Book of Economic Questions for HSC Students
... cycle would influence the economies of developing countries Demonstrates an understanding of how a downturn in the US business cycle would influence the economies of developing countries Demonstrates some understanding of how a downturn in the US business cycle would influence the economies of d ...
... cycle would influence the economies of developing countries Demonstrates an understanding of how a downturn in the US business cycle would influence the economies of developing countries Demonstrates some understanding of how a downturn in the US business cycle would influence the economies of d ...
Economics AQA AS Unit 1 WORKBOOK ANSWERS
... Potential growth is the underlying growth rate of the productive potential of the economy (1 mark) based on the average rate of growth over a long period. (1 mark) Potential growth has fallen as aggregate supply has shifted to the left. (1 mark) Any valid reason for a fall in AS will be awarded up t ...
... Potential growth is the underlying growth rate of the productive potential of the economy (1 mark) based on the average rate of growth over a long period. (1 mark) Potential growth has fallen as aggregate supply has shifted to the left. (1 mark) Any valid reason for a fall in AS will be awarded up t ...
Does Redistribution Increase Output? The Centrality of Labor Supply
... induce a bust in labor supply and, hence, in output. While the intertemporal forces described above imply a reduction in aggregate hours worked, they can be countervailed by intratemporal considerations. In particular, we show analytically that, all else equal, aggregate labor supply will tend to f ...
... induce a bust in labor supply and, hence, in output. While the intertemporal forces described above imply a reduction in aggregate hours worked, they can be countervailed by intratemporal considerations. In particular, we show analytically that, all else equal, aggregate labor supply will tend to f ...
Politics, Surpluses, Deficits, and Debt Chapter 12
... country, since government gets a portion of all earnings of those assets in tax revenue. ...
... country, since government gets a portion of all earnings of those assets in tax revenue. ...
Fiscal Decentralization, Economic Freedom, and Political and Civil
... With regards to the impact of fiscal decentralization on economic growth and economic stability, early important contributions include Davoodi and Zou (1998), working with panel data for forty six countries and finding a negative relationship between fiscal decentralization and growth in developing ...
... With regards to the impact of fiscal decentralization on economic growth and economic stability, early important contributions include Davoodi and Zou (1998), working with panel data for forty six countries and finding a negative relationship between fiscal decentralization and growth in developing ...
C - Leona Craig Art Gallery
... Because resources, including the labor hours available in any given period, are scarce, only a certain amount of one thing could be produced in an economy over a given interval of time. That is maximum production capacity. If the economy wants to produce 2 goods, the scarce resources will have to be ...
... Because resources, including the labor hours available in any given period, are scarce, only a certain amount of one thing could be produced in an economy over a given interval of time. That is maximum production capacity. If the economy wants to produce 2 goods, the scarce resources will have to be ...
The Economics of Middle East Military Expenditures
... Yet, while Lebovic & Ishaq drew on timeseries data, they could not incorporate the potential effects of lags between the time when defense expenditures occur and the period of maximum economic impact. In this regard, Babin has noted that incorporating the time variable into analysis can be critical ...
... Yet, while Lebovic & Ishaq drew on timeseries data, they could not incorporate the potential effects of lags between the time when defense expenditures occur and the period of maximum economic impact. In this regard, Babin has noted that incorporating the time variable into analysis can be critical ...
The Economics of Middle East Military Expenditures: Looney, R.E.
... Yet, while Lebovic & Ishaq drew on timeseries data, they could not incorporate the potential effects of lags between the time when defense expenditures occur and the period of maximum economic impact. In this regard, Babin has noted that incorporating the time variable into analysis can be critical ...
... Yet, while Lebovic & Ishaq drew on timeseries data, they could not incorporate the potential effects of lags between the time when defense expenditures occur and the period of maximum economic impact. In this regard, Babin has noted that incorporating the time variable into analysis can be critical ...
Does the IMF Constrain Health Spending in Poor Countries
... forces governments to take policy measures that hurt the health of populations. Critics argue that IMF programs have unduly constrained health spending, at a time when more donor money is available and the health sector needs are very great, because the IMF is too pessimistic about how much aid will ...
... forces governments to take policy measures that hurt the health of populations. Critics argue that IMF programs have unduly constrained health spending, at a time when more donor money is available and the health sector needs are very great, because the IMF is too pessimistic about how much aid will ...
The Macroeconomic Effects of Tax Changes: Estimates Based on a
... A related literature looks at the possibility of “expansionary fiscal contractions” (for example, Giavazzi and Pagano, 1990, and Alesina and Perotti, 1997). However, these papers also measure tax changes using cyclically adjusted or actual revenues. We extend work on this possibility not only by emp ...
... A related literature looks at the possibility of “expansionary fiscal contractions” (for example, Giavazzi and Pagano, 1990, and Alesina and Perotti, 1997). However, these papers also measure tax changes using cyclically adjusted or actual revenues. We extend work on this possibility not only by emp ...
Macroeconomics Chamberlin and Yueh
... Aggregate demand externalities • Suppose, though, that all the countries in the world unleashed an equal fiscal expansion. The following figure represents the outcome for each country if they all expand simultaneously. • As output has increased in every country, all will experience a rise in export ...
... Aggregate demand externalities • Suppose, though, that all the countries in the world unleashed an equal fiscal expansion. The following figure represents the outcome for each country if they all expand simultaneously. • As output has increased in every country, all will experience a rise in export ...
McEachern Chapter 5 PPT
... of living, the economy’s short-term ups and downs or the long-term growth trend? • What’s the difference between demandside economics and supply-side economics? • How has the economic role of government evolved during the last century? • How is learning about the macroeconomy like learning about the ...
... of living, the economy’s short-term ups and downs or the long-term growth trend? • What’s the difference between demandside economics and supply-side economics? • How has the economic role of government evolved during the last century? • How is learning about the macroeconomy like learning about the ...