14-15 - Ministry of Finance
... Fiscal performance in 2013-14 improved compared with a pattern of wide slippages experienced over past few years. Overall, fiscal deficit was recorded at 5.5 percent of GDP compared with 8.2 percent a year earlier. Encouragingly, the budget deficit fell well within the target of 6.5 percent set for ...
... Fiscal performance in 2013-14 improved compared with a pattern of wide slippages experienced over past few years. Overall, fiscal deficit was recorded at 5.5 percent of GDP compared with 8.2 percent a year earlier. Encouragingly, the budget deficit fell well within the target of 6.5 percent set for ...
Tilburg University Money, Fiscal Defecits and Government Debt in a
... The completing of the European Monetary Union (EMU) by 1999 with the establishment of an independent common central bank, the European Central Bank (ECB), that manages the common monetary policy has considerable economic, institutional and political consequences3. Concerning the economic consequence ...
... The completing of the European Monetary Union (EMU) by 1999 with the establishment of an independent common central bank, the European Central Bank (ECB), that manages the common monetary policy has considerable economic, institutional and political consequences3. Concerning the economic consequence ...
Components - World Bank
... little as possible, and to keep accumulating the claims. An administrator who attempts to learn to live within the available budget does a disservice to his organisation, because it reduces the likelihood and the frequency of receiving funds. The persistent use of sequestration delays fiscal reform. ...
... little as possible, and to keep accumulating the claims. An administrator who attempts to learn to live within the available budget does a disservice to his organisation, because it reduces the likelihood and the frequency of receiving funds. The persistent use of sequestration delays fiscal reform. ...
Has India emerged? Business cycle stylized facts from a
... In recent years, considerable research in the field of international business cycle has focused on documenting stylized features of business cycles and developing dynamic stochastic general equilibrium models – both of the RBC and New Keynesian type – to explain them. Traditionally, studies in this a ...
... In recent years, considerable research in the field of international business cycle has focused on documenting stylized features of business cycles and developing dynamic stochastic general equilibrium models – both of the RBC and New Keynesian type – to explain them. Traditionally, studies in this a ...
Eco 460: International Finance Administrivia Readings
... By how much should it engage in foreign exchange intervention? ...
... By how much should it engage in foreign exchange intervention? ...
Ease of doing business and distance to frontier
... each economy’s performance across the different areas of business regulation covered by Doing Business. The figure draws attention to economies with a particularly uneven performance by showing the distance between the average of the highest 3 topic rankings and the average of the lowest 3 for each o ...
... each economy’s performance across the different areas of business regulation covered by Doing Business. The figure draws attention to economies with a particularly uneven performance by showing the distance between the average of the highest 3 topic rankings and the average of the lowest 3 for each o ...
FROM STANDARD TO David I. Fand A RANDOM-WALK MONETARY
... revolution—increasing supply—throughout the world. Some have called it the green revolution, but it also has an impact on industrial products. Whether we have taught other people the newer technology, or the new technology has spread on its own, the fact remains that many commodities are currently a ...
... revolution—increasing supply—throughout the world. Some have called it the green revolution, but it also has an impact on industrial products. Whether we have taught other people the newer technology, or the new technology has spread on its own, the fact remains that many commodities are currently a ...
This PDF is a selection from an out-of-print volume from... of Economic Research Volume Title: Fiscal Institutions and Fiscal Performance
... results in deficits that are larger than what is socially optimal.’ In other words, large deficits may be a consequence of “fiscal sinning,” reflecting deficiencies in the political decision-making process rather than long-run optimal planning. In some countries, there are legal restrictions on the ...
... results in deficits that are larger than what is socially optimal.’ In other words, large deficits may be a consequence of “fiscal sinning,” reflecting deficiencies in the political decision-making process rather than long-run optimal planning. In some countries, there are legal restrictions on the ...
The Postwar Conquest of the Home Ownership Dream
... were the critical factor. In contrast to Yearn, Rosen and Rosen (1980) argue that federal tax policy was a key factor. They estimate that about one-fourth of the increase in home ownership between 1949 and 1974 was a result of bene…ts toward housing embedded in the personal income tax code. Hendersh ...
... were the critical factor. In contrast to Yearn, Rosen and Rosen (1980) argue that federal tax policy was a key factor. They estimate that about one-fourth of the increase in home ownership between 1949 and 1974 was a result of bene…ts toward housing embedded in the personal income tax code. Hendersh ...
Inflation and Unemployment
... To reduce Unemployment/recession: Expansionary Fiscal Policy / Deficit Budget When government collects less tax revenue but spends more on expenditure, G > T. Therefore, it cause to a larger effects on real output. Deficit Budget is implemented(dilaksanakan) to raise-up the economic activities. ...
... To reduce Unemployment/recession: Expansionary Fiscal Policy / Deficit Budget When government collects less tax revenue but spends more on expenditure, G > T. Therefore, it cause to a larger effects on real output. Deficit Budget is implemented(dilaksanakan) to raise-up the economic activities. ...
AS-AD and the Business Cycle
... demand curve in each of the following cases: a. A cut in taxes. b. An increase in expected future profit. c. A cut in government spending. d. An increase in foreign income. e. A rise in the price level abroad. Each of these examples gives students practice shifting the aggregate demand curve rightwa ...
... demand curve in each of the following cases: a. A cut in taxes. b. An increase in expected future profit. c. A cut in government spending. d. An increase in foreign income. e. A rise in the price level abroad. Each of these examples gives students practice shifting the aggregate demand curve rightwa ...
the economic impact of canada`s faculties of medicine and health
... providing more than three per cent of GDP. In addition to the significant impact of academic medicine, Canada’s faculties of medicine and their affiliated teaching hospitals generated more than $13.9 billion in total tax revenue through taxes (personal income, corporate income, property, payroll, co ...
... providing more than three per cent of GDP. In addition to the significant impact of academic medicine, Canada’s faculties of medicine and their affiliated teaching hospitals generated more than $13.9 billion in total tax revenue through taxes (personal income, corporate income, property, payroll, co ...
Re-Targeting the Fed
... the current recovery to the recovery from the other post-war recession that featured double-digit unemployment: the recession of the early 1980s. That recession was really two related slowdowns — one in the first six months of 1980, and then another in the 16 months from July 1981 to November 1982. ...
... the current recovery to the recovery from the other post-war recession that featured double-digit unemployment: the recession of the early 1980s. That recession was really two related slowdowns — one in the first six months of 1980, and then another in the 16 months from July 1981 to November 1982. ...
Sovereign Default, Inequality, and Progressive Taxation
... asymmetry comes from an aggregation property that holds in this setting: more unequal economies can be described by a representative-agent, whose implied risk aversion endogenously increases with after-tax inequality, in particular for low levels of aggregate consumption. The main finding is explain ...
... asymmetry comes from an aggregation property that holds in this setting: more unequal economies can be described by a representative-agent, whose implied risk aversion endogenously increases with after-tax inequality, in particular for low levels of aggregate consumption. The main finding is explain ...
MAII Public Economics Title English.p65
... dramatically in advanced countries. World War II is mainly responsible for its increase. In past, it was realised that the growth of public revenue was keeping pace with that of Government spending, but in recent decades expenditure have increased more than revenue due to deficit budget. Joseph E. S ...
... dramatically in advanced countries. World War II is mainly responsible for its increase. In past, it was realised that the growth of public revenue was keeping pace with that of Government spending, but in recent decades expenditure have increased more than revenue due to deficit budget. Joseph E. S ...
View/Open
... such as major changes in defense spending, can affect location of capital investment in ways that affect regional growth (Arthur, 1986). Migration decisions are also based on expectations about the future. Where external economies play a role, future returns also depend on the factor allocation dec ...
... such as major changes in defense spending, can affect location of capital investment in ways that affect regional growth (Arthur, 1986). Migration decisions are also based on expectations about the future. Where external economies play a role, future returns also depend on the factor allocation dec ...
The Open Economy: Implications for Monetary and Fiscal Policy
... in the latter of unilateral transfers and of government interest payments to the rest of the world. The most striking point is the extent to which the United States economy has, from the viewpoint of trade in goods and services, been closed. Even back into the nineteenth century, neither exports nor ...
... in the latter of unilateral transfers and of government interest payments to the rest of the world. The most striking point is the extent to which the United States economy has, from the viewpoint of trade in goods and services, been closed. Even back into the nineteenth century, neither exports nor ...
This PDF is a selection from an out-of-print volume from... of Economic Research
... in the latter of unilateral transfers and of government interest payments to the rest of the world. The most striking point is the extent to which the United States economy has, from the viewpoint of trade in goods and services, been closed. Even back into the nineteenth century, neither exports nor ...
... in the latter of unilateral transfers and of government interest payments to the rest of the world. The most striking point is the extent to which the United States economy has, from the viewpoint of trade in goods and services, been closed. Even back into the nineteenth century, neither exports nor ...
Labor Force?
... • The size of the labor force has more than doubled since 1960 due to population growth. • The labor force participation rate increased rapidly due to the increasing numbers of women joining the labor force. ...
... • The size of the labor force has more than doubled since 1960 due to population growth. • The labor force participation rate increased rapidly due to the increasing numbers of women joining the labor force. ...
E G conomic Statistics in uam
... This national summary was prepared by ESCAP Statistics Division in November, 2013. Results of the Capacity Screening questionnaire were received in November, 2013 from 50 of the 58 member countries who were contacted. Further information on RPES and the Core Set is available here: http://www.unescap ...
... This national summary was prepared by ESCAP Statistics Division in November, 2013. Results of the Capacity Screening questionnaire were received in November, 2013 from 50 of the 58 member countries who were contacted. Further information on RPES and the Core Set is available here: http://www.unescap ...
Exercise 6 (+additional question) in Mankiw:
... Problem 6.1: Suppose that students look for part-time jobs. On average it takes 2 weeks to find a part-time job, and the part-time job lasts on average 12 weeks. A. Calculate the rate of job finding per week and the rate of job separation per week B: What is the natural rate of unemployment for this ...
... Problem 6.1: Suppose that students look for part-time jobs. On average it takes 2 weeks to find a part-time job, and the part-time job lasts on average 12 weeks. A. Calculate the rate of job finding per week and the rate of job separation per week B: What is the natural rate of unemployment for this ...
PPT
... GDP has four components; an decrease in any of the four could cause a recession. Does it make any difference which component causes the recession? • Ed Leamer of UCLA: “housing is the business cycle”. • Recent research suggests that recessions caused by financial crises tend to be larger and more lo ...
... GDP has four components; an decrease in any of the four could cause a recession. Does it make any difference which component causes the recession? • Ed Leamer of UCLA: “housing is the business cycle”. • Recent research suggests that recessions caused by financial crises tend to be larger and more lo ...
Answers - Pearson-Global
... (a) The prices of CDs in Tamer’s shop have been falling recently. He has not been able to sell the CDs because people do not want to buy them. This is because many people prefer to download music from the internet and listen to it using an iPod. Tamer has lowered prices to encourage his customers to ...
... (a) The prices of CDs in Tamer’s shop have been falling recently. He has not been able to sell the CDs because people do not want to buy them. This is because many people prefer to download music from the internet and listen to it using an iPod. Tamer has lowered prices to encourage his customers to ...
PDF
... certain industries, such as manufacturing, as basic. Techniques that identify the level of basic activity within industries include location quotients, minimum requirements, and survey methods. Among these, techniques such as location quotients or minimum requirements offer a straightforward approac ...
... certain industries, such as manufacturing, as basic. Techniques that identify the level of basic activity within industries include location quotients, minimum requirements, and survey methods. Among these, techniques such as location quotients or minimum requirements offer a straightforward approac ...