Ontario regional economic outlooks 2016-2017
... higher population growth outperform those with weaker demand conditions. MLS® residential sales growth is predicted to be most robust and above the provincial averages during the next two years in the Windsor-Sarnia and London regions. These two regions will post the fastest sales growth in 2015 and ...
... higher population growth outperform those with weaker demand conditions. MLS® residential sales growth is predicted to be most robust and above the provincial averages during the next two years in the Windsor-Sarnia and London regions. These two regions will post the fastest sales growth in 2015 and ...
2014 - Venture Kamloops
... performances of major economic indicators in the province as well as the factors driving such performances. There are challenges facing the local economy, but at the same time, opportunities will present themselves if there is a conducive environment and positive measures are made by the community a ...
... performances of major economic indicators in the province as well as the factors driving such performances. There are challenges facing the local economy, but at the same time, opportunities will present themselves if there is a conducive environment and positive measures are made by the community a ...
The macroeconomic effects of fiscal policy in Spain
... measures, their practical implementation and the time in which they take effect lead to the fact that cyclical conditions may have changed substantially in the meantime. Thus, a policy measure that could have seemed quite apposite under some specific circumstances may no longer be accurate after sev ...
... measures, their practical implementation and the time in which they take effect lead to the fact that cyclical conditions may have changed substantially in the meantime. Thus, a policy measure that could have seemed quite apposite under some specific circumstances may no longer be accurate after sev ...
'The Economics of the Recession'
... into practice, Sir Alan Budd and Professor Ken Rogoff. We believe that this is the only way to restore credibility to the public finances and to minimise the possibility of a disastrous loss of international confidence. Since Alistair Darling regularly adopts Conservative policy, I hope he steals th ...
... into practice, Sir Alan Budd and Professor Ken Rogoff. We believe that this is the only way to restore credibility to the public finances and to minimise the possibility of a disastrous loss of international confidence. Since Alistair Darling regularly adopts Conservative policy, I hope he steals th ...
Chapter 15
... Demand-pull inflation is inflation that results from an initial increase in aggregate demand. This can result from an: • Increase in the money supply • Increase in government purchases • Increase in exports Copyright © 2000 Addison Wesley Longman, Inc. ...
... Demand-pull inflation is inflation that results from an initial increase in aggregate demand. This can result from an: • Increase in the money supply • Increase in government purchases • Increase in exports Copyright © 2000 Addison Wesley Longman, Inc. ...
Ch11 11e Lecture Presentation
... The Multiplier and the Price Level Aggregate Expenditure and Aggregate Demand The aggregate expenditure curve is the relationship between aggregate planned expenditure and real GDP, with all other influences on aggregate planned expenditure remaining the same. The aggregate demand curve is the rela ...
... The Multiplier and the Price Level Aggregate Expenditure and Aggregate Demand The aggregate expenditure curve is the relationship between aggregate planned expenditure and real GDP, with all other influences on aggregate planned expenditure remaining the same. The aggregate demand curve is the rela ...
Paper - Department of Economics
... Ottaviano (2011) introduces firm heterogeneity and endogenous markup using a linear quadratic demand function into a standard two-sector model. The analysis is similar to ours as it allows the interaction between demand and supply side of the economy. The focus is, however, on firm heterogeneity an ...
... Ottaviano (2011) introduces firm heterogeneity and endogenous markup using a linear quadratic demand function into a standard two-sector model. The analysis is similar to ours as it allows the interaction between demand and supply side of the economy. The focus is, however, on firm heterogeneity an ...
Syllabus - Learning Abroad Center
... This course describes microfinance as a solution to poverty, while at the same time, explores its limits as a tool for economic growth and sustainable development. The dilemma experienced by microfinance institutions—balancing the need for financially viable investments and social profitability for ...
... This course describes microfinance as a solution to poverty, while at the same time, explores its limits as a tool for economic growth and sustainable development. The dilemma experienced by microfinance institutions—balancing the need for financially viable investments and social profitability for ...
Inflation dynamics, marginal cost, and the output gap:
... Recent contributions by Galí and Gertler (1999), Galí, Gertler, and López-Salido (2001a, 2001b), and Sbordone (1998, 2001) have provided empirical support for what Roberts (1995) termed the “New Keynesian Phillips curve” (NKPC). These are encouraging findings for the use of dynamic general equilibri ...
... Recent contributions by Galí and Gertler (1999), Galí, Gertler, and López-Salido (2001a, 2001b), and Sbordone (1998, 2001) have provided empirical support for what Roberts (1995) termed the “New Keynesian Phillips curve” (NKPC). These are encouraging findings for the use of dynamic general equilibri ...
NBER WORKING PAPER SERIES STABILIZING EXPECTATIONS UNDER MONETARY AND FISCAL POLICY COORDINATION
... Federal Reserve Bank of New York, Federal Reserve Bank of St Louis "Learning Week", Indiana University, NCER Working Group in Macroeconometics, Riksbank conference on "Refining Monetary Policy: Transparency and Real Stability" and Yale University. Jordi Gali, Mike Woodford and particularly Eric Leep ...
... Federal Reserve Bank of New York, Federal Reserve Bank of St Louis "Learning Week", Indiana University, NCER Working Group in Macroeconometics, Riksbank conference on "Refining Monetary Policy: Transparency and Real Stability" and Yale University. Jordi Gali, Mike Woodford and particularly Eric Leep ...
The Productive Government Spending Multiplier, In and Out of the
... permanent income—consume their real wage each period. In this setting, an increase in government spending will induce higher real wages which, in turn, will induce constrained individuals to consume more. A straightforward feature of this model is that the impact of government spending on consumptio ...
... permanent income—consume their real wage each period. In this setting, an increase in government spending will induce higher real wages which, in turn, will induce constrained individuals to consume more. A straightforward feature of this model is that the impact of government spending on consumptio ...
Changes in Inventory Managment and the Business Cycle
... Figure 4 shows the changes in inventory-to-sales ratios in the motor vehicle industry by stage of processing for the period 197094. It is apparent that there has been much success in reducing inventory levels over the last 10 years. Figure 4 also reveals that the reduction occurred primnarily at the ...
... Figure 4 shows the changes in inventory-to-sales ratios in the motor vehicle industry by stage of processing for the period 197094. It is apparent that there has been much success in reducing inventory levels over the last 10 years. Figure 4 also reveals that the reduction occurred primnarily at the ...
Monetary Policy - Central Bank of Nigeria
... According to the Chambers Dictionary, money is current coin i.e. pieces of stamped portable metal used in commerce as a medium of exchange and measure of value. The term is applied occasionally by extension to any object or any material serving the same purposes as coin. In modern usage, the term is ...
... According to the Chambers Dictionary, money is current coin i.e. pieces of stamped portable metal used in commerce as a medium of exchange and measure of value. The term is applied occasionally by extension to any object or any material serving the same purposes as coin. In modern usage, the term is ...
Money and generalized exchange: A critical look at Neo
... some of the main general equilibrium theorists, in particular Gerald Debreu (1921-2004), the proof of existence of general equilibrium requires an accepted system of credits and debits. It requires a system of privately issued IOU’s,3 that is commitments by private agents to deliver a certain quanti ...
... some of the main general equilibrium theorists, in particular Gerald Debreu (1921-2004), the proof of existence of general equilibrium requires an accepted system of credits and debits. It requires a system of privately issued IOU’s,3 that is commitments by private agents to deliver a certain quanti ...
Measuring Cyclical Fluctuations in Construction Investment
... components exceed that of the output series. They find an increasing volatility of private construction and its residential sub-sector, as well as all construction. Green [4] analyzes the impact of residential versus non-residential construction investment on the GDP throughout the business cycle, u ...
... components exceed that of the output series. They find an increasing volatility of private construction and its residential sub-sector, as well as all construction. Green [4] analyzes the impact of residential versus non-residential construction investment on the GDP throughout the business cycle, u ...
7. Medium-Term Projections
... policies pursued by the CBRT aim to prevent the build-up of risks arising from long-lasting capital inflows. In this respect, in order to prevent rapid credit growth and appreciation pressures, short-term interest rates are kept at low levels while tightening through reserve requirement policy. Macr ...
... policies pursued by the CBRT aim to prevent the build-up of risks arising from long-lasting capital inflows. In this respect, in order to prevent rapid credit growth and appreciation pressures, short-term interest rates are kept at low levels while tightening through reserve requirement policy. Macr ...
Monetary Institutions, Partisanship, and Inflation Targeting Bumba
... target serve as a visible signal of the central bank’s monetary policy goals. The public at large is acutely aware of changes in the price level; individual consumers may not have the capacity to ascertain day-to-day changes in the price indexes used by central banks, but they certainly do feel the ...
... target serve as a visible signal of the central bank’s monetary policy goals. The public at large is acutely aware of changes in the price level; individual consumers may not have the capacity to ascertain day-to-day changes in the price indexes used by central banks, but they certainly do feel the ...
NBE WO~G PAPER SERIES THE TIME-VARYING NAIRU AND ITS
... This research is supported by the National Science Foundation. I am grateful to Tomonori Ishikawa for research assistance and to Mark Watson for helpful discussions. This paper is part of NBER’s research program in Economic Fluctuations and Growth. Any opinions expressed are those of the author and ...
... This research is supported by the National Science Foundation. I am grateful to Tomonori Ishikawa for research assistance and to Mark Watson for helpful discussions. This paper is part of NBER’s research program in Economic Fluctuations and Growth. Any opinions expressed are those of the author and ...