Thailand
... Thailand is expected to grow by 4% in 2010, driven by domestic consumption and exports subject to significant downside risks, emanating from the worsening political situation and the impact it is having on tourism, retail and business confidence in general. Investments will therefore continue to be ...
... Thailand is expected to grow by 4% in 2010, driven by domestic consumption and exports subject to significant downside risks, emanating from the worsening political situation and the impact it is having on tourism, retail and business confidence in general. Investments will therefore continue to be ...
Antal Mátyás: The Harmony of Real Economy and Financial
... with straight lines, as in nearly every textbook today. The idea behind this is that the economy automatically stabilises at around full employment. Szakolczai is right in concluding that this makes the entire Keynesian problem area fall outside the scope of the analysis. Nevertheless, the European ...
... with straight lines, as in nearly every textbook today. The idea behind this is that the economy automatically stabilises at around full employment. Szakolczai is right in concluding that this makes the entire Keynesian problem area fall outside the scope of the analysis. Nevertheless, the European ...
View/Open
... supply, that is, a macroeconomic theory known as Keynesian economics based on the ideas of 30th century British economist John Maynard Keynes that he published during the Depression. Up to this day economies have not faced such a downfall as happened during this crisis, since the crisis brought abou ...
... supply, that is, a macroeconomic theory known as Keynesian economics based on the ideas of 30th century British economist John Maynard Keynes that he published during the Depression. Up to this day economies have not faced such a downfall as happened during this crisis, since the crisis brought abou ...
Navigating Interest Rates, Inflation and the Economy
... Wikipedia, the online encyclopedia, stagflation is considered to be a problem because most tools for influencing the economy using fiscal and monetary policy are thought by some analysts to be based upon the trade off between growth and inflation. “Either they slow growth to reduce inflationary pres ...
... Wikipedia, the online encyclopedia, stagflation is considered to be a problem because most tools for influencing the economy using fiscal and monetary policy are thought by some analysts to be based upon the trade off between growth and inflation. “Either they slow growth to reduce inflationary pres ...
State Revenue Growth Rate Projected To Slow
... Short run economic cycle has merged with long run demographic cycle We have entered the Age of Entitlement— economic growth in the next 25 years will be about half what it was in the past 25. State revenue growth will slow while spending pressures will accelerate This is a national/global issue ...
... Short run economic cycle has merged with long run demographic cycle We have entered the Age of Entitlement— economic growth in the next 25 years will be about half what it was in the past 25. State revenue growth will slow while spending pressures will accelerate This is a national/global issue ...
Presentation to Gettysburg College Gettysburg, Pennsylvania
... More recently, we’ve heard a lot about firms holding off on hiring because of soaring health costs. ...
... More recently, we’ve heard a lot about firms holding off on hiring because of soaring health costs. ...
Long-Run Macroeconomic Equilibrium
... Economists like Keynes believe in active stabilization, use of government policy to reduce the severity and length of recessions or to rein in excessive expansions ...
... Economists like Keynes believe in active stabilization, use of government policy to reduce the severity and length of recessions or to rein in excessive expansions ...
FedViews
... lower liquidity and risk spreads in the interbank lending, commercial paper, and corporate debt markets. Also, although banks remain reluctant to lend, large financial institutions generally appear more secure—buttressed by the acquisition of new capital. At the same time though, prospects for many ...
... lower liquidity and risk spreads in the interbank lending, commercial paper, and corporate debt markets. Also, although banks remain reluctant to lend, large financial institutions generally appear more secure—buttressed by the acquisition of new capital. At the same time though, prospects for many ...
Economists and the Real World
... skill-biased technical change and globalisation are possible explanations for the widening in the distribution of earnings in the United States and the United Kingdom over the last decade or so. Exposing the fallacy, or at least incompleteness, in the “common sense” view of these problems does not i ...
... skill-biased technical change and globalisation are possible explanations for the widening in the distribution of earnings in the United States and the United Kingdom over the last decade or so. Exposing the fallacy, or at least incompleteness, in the “common sense” view of these problems does not i ...
Análise Econômica
... of the new Keynesian theory. Wage rigidity is explained by models related to disequilibrium in the labor market, such as efficiency wages, implicit contracts and insider-outsider workers. On the other hand, price rigidity is explained by models related to imperfect competition in the goods niarket, ...
... of the new Keynesian theory. Wage rigidity is explained by models related to disequilibrium in the labor market, such as efficiency wages, implicit contracts and insider-outsider workers. On the other hand, price rigidity is explained by models related to imperfect competition in the goods niarket, ...
Chile_en.pdf
... the economy is in a good position to cope with external fluctuations. The main exogenous risk factors are rising oil prices and the danger that an economic slowdown in the United States may spread to other developed economies. On the domestic scene, a possible source of risk might be a worsening of ...
... the economy is in a good position to cope with external fluctuations. The main exogenous risk factors are rising oil prices and the danger that an economic slowdown in the United States may spread to other developed economies. On the domestic scene, a possible source of risk might be a worsening of ...
The Industrial Revolution
... Steinbeck in a Letter to a Friend “I must go over to the interior valleys. There are about five thousand families starving to death over there, not just hungry but starving. The government is trying to feed them and get medical attention to them with the fascist groups of utilities and banks and hu ...
... Steinbeck in a Letter to a Friend “I must go over to the interior valleys. There are about five thousand families starving to death over there, not just hungry but starving. The government is trying to feed them and get medical attention to them with the fascist groups of utilities and banks and hu ...
Scarcity - The Basic Economic Problem
... Economics is the study of how people try to satisfy their needs and wants through the careful use of relatively scarce resources. ...
... Economics is the study of how people try to satisfy their needs and wants through the careful use of relatively scarce resources. ...
Introduction
... elaborate systems of domestic regulations and protect firms from competition using trade barriers. • Imperfect Competition is a market environment in which there are only a few firms, each of which individually can influence the market price by varying its production. ...
... elaborate systems of domestic regulations and protect firms from competition using trade barriers. • Imperfect Competition is a market environment in which there are only a few firms, each of which individually can influence the market price by varying its production. ...
1 Washington University Spring 2008 Department of Economics
... 11. Milton Friedman argued that, although household studies showed that high-income households generally have lower average propensities to consume, this phenomenon is due to the fact that these households have, on average: A) positive transitory income. B) negative transitory income. C) higher perm ...
... 11. Milton Friedman argued that, although household studies showed that high-income households generally have lower average propensities to consume, this phenomenon is due to the fact that these households have, on average: A) positive transitory income. B) negative transitory income. C) higher perm ...
This PDF is a selection from an out-of-print volume from... Bureau of Economic Research
... that nearly half of output variability, at all horizons, is caused by shocks to labor supply. At the conference, Robert Hall proposed eliminating what he calls the Herbert Hoover assumption-that recessions are caused by spontaneous attacks of laziness. Results obtained in this case are presented in ...
... that nearly half of output variability, at all horizons, is caused by shocks to labor supply. At the conference, Robert Hall proposed eliminating what he calls the Herbert Hoover assumption-that recessions are caused by spontaneous attacks of laziness. Results obtained in this case are presented in ...
3.2.2.2 Aggregate demand and aggregate supply analysis
... exchange rate if products are imported - Government regulation or intervention, such as environmental laws and taxes, and business regulation. Business regulation is sometimes called ‘red tape’. ...
... exchange rate if products are imported - Government regulation or intervention, such as environmental laws and taxes, and business regulation. Business regulation is sometimes called ‘red tape’. ...
