Advertising, Mass Consumption and Capitalism
... consumption goods (that is, advertising that generates a ”quest for distinction” in Bourdieu’s terminology) tends to have positive welfare effects on the representative consumer. This is because as a consequence of advertising, firms extract monopoly profits from the consumers and charge higher pric ...
... consumption goods (that is, advertising that generates a ”quest for distinction” in Bourdieu’s terminology) tends to have positive welfare effects on the representative consumer. This is because as a consequence of advertising, firms extract monopoly profits from the consumers and charge higher pric ...
Dynamic Macroeconomics I Introduction to Real Business Cycle
... chronology, however, and the BEA’s real GDP estimates are only available quarterly. For this reason, the committee refers to a variety of monthly indicators to choose the exact months of peaks and troughs. It places particular emphasis on two monthly measures of activity across the entire economy: ( ...
... chronology, however, and the BEA’s real GDP estimates are only available quarterly. For this reason, the committee refers to a variety of monthly indicators to choose the exact months of peaks and troughs. It places particular emphasis on two monthly measures of activity across the entire economy: ( ...
Free Full Text ( Final Version , 726kb )
... Both SFP and TFP are believed as tools to measure productivity. This means that those measurements can be used to assess economic performance. However, each measurement has its own superiority, which relies on the purposes and the availability of sources to calculate it. Indonesia’s economy which co ...
... Both SFP and TFP are believed as tools to measure productivity. This means that those measurements can be used to assess economic performance. However, each measurement has its own superiority, which relies on the purposes and the availability of sources to calculate it. Indonesia’s economy which co ...
Analysis of macroeconomic shocks in FSU countries
... shocks for EU member states, Boone (1997) extended the model using Kalman filter to obtain the dynamic measure of evolution of shocks over time. Chamie, de Serres and Lalonde (1994) develop a state-space model to detect common and specific components of structural shocks in EU and the US states. (Id ...
... shocks for EU member states, Boone (1997) extended the model using Kalman filter to obtain the dynamic measure of evolution of shocks over time. Chamie, de Serres and Lalonde (1994) develop a state-space model to detect common and specific components of structural shocks in EU and the US states. (Id ...
Upload paper - Harvard University
... After having identified exogenous fiscal measure, we organize the data into multi-year “plans”, that is announcements of shifts in fiscal variables to be implemented over an horizon of several years. This is the way fiscal policy is implemented in the real world: not through isolated shifts in fisc ...
... After having identified exogenous fiscal measure, we organize the data into multi-year “plans”, that is announcements of shifts in fiscal variables to be implemented over an horizon of several years. This is the way fiscal policy is implemented in the real world: not through isolated shifts in fisc ...
E S R P
... substitution effect would still cause a one-to-one drop in private saving, but the reduction in lifetime wealth would reduce consumption and hence raise saving. Start-up of a PAYGO System. In a PAYGO system with a constant payroll tax, the implicit rate of return on social security contributions for ...
... substitution effect would still cause a one-to-one drop in private saving, but the reduction in lifetime wealth would reduce consumption and hence raise saving. Start-up of a PAYGO System. In a PAYGO system with a constant payroll tax, the implicit rate of return on social security contributions for ...
In Algeria. For Algeria.
... United States – are having a negative effect on exports of Algerian oil and gas. Faced with this energy crisis, the government has committed to opening up trade and encouraging foreign investment. At the end of 2013, Algeria reinforced its focus on the private sector, SMEs in particular, which play ...
... United States – are having a negative effect on exports of Algerian oil and gas. Faced with this energy crisis, the government has committed to opening up trade and encouraging foreign investment. At the end of 2013, Algeria reinforced its focus on the private sector, SMEs in particular, which play ...
international-business-7th-edition-griffin-test-bank
... 54) India was a colony of which country? A) China B) France C) Pakistan D) the United Kingdom Answer: D Diff: 1 Skill: Concept Objective: 5 55) Which two countries make up the Indian subcontinent? A) India and Egypt B) India and Pakistan C) Afghanistan and India D) India and Iran Answer: B Diff: 1 ...
... 54) India was a colony of which country? A) China B) France C) Pakistan D) the United Kingdom Answer: D Diff: 1 Skill: Concept Objective: 5 55) Which two countries make up the Indian subcontinent? A) India and Egypt B) India and Pakistan C) Afghanistan and India D) India and Iran Answer: B Diff: 1 ...
THE CYCLICAL CONDUCT OF ESTONIAN FISCAL POLICY
... fiscal policy. With short-term interest rates lowered close to zero by many influential central banks, monetary policy has exhausted its traditional stimulative channel to affect the real economy. Due to the prolonged economic crisis, fiscal policy has returned to center stage as a macroeconomic too ...
... fiscal policy. With short-term interest rates lowered close to zero by many influential central banks, monetary policy has exhausted its traditional stimulative channel to affect the real economy. Due to the prolonged economic crisis, fiscal policy has returned to center stage as a macroeconomic too ...
Principles of Macroeconomics for AP® Courses
... The William and Flora Hewlett Foundation has been making grants since 1967 to help solve social and environmental problems at home and around the world. The Foundation concentrates its resources on activities in education, the environment, global development and population, performing arts, and phil ...
... The William and Flora Hewlett Foundation has been making grants since 1967 to help solve social and environmental problems at home and around the world. The Foundation concentrates its resources on activities in education, the environment, global development and population, performing arts, and phil ...
FDI-KSA
... Manufacturing sector alone has attracted the lion’s share of foreign investments while the remaining part was distributed among Construction and Services, Agriculture and Mining with a minimal share for the last two (Abdel-Rahman, 2003; Ministry of Industry and Electricity, 2000; Fadli, 2001). The t ...
... Manufacturing sector alone has attracted the lion’s share of foreign investments while the remaining part was distributed among Construction and Services, Agriculture and Mining with a minimal share for the last two (Abdel-Rahman, 2003; Ministry of Industry and Electricity, 2000; Fadli, 2001). The t ...
industrial clusters: a coefficient factor for integrated
... training and export promotion. Soon after, the growth rate of Australian wine exports increased significantly. It is important to note that the new institutions worked because they drew efficiently on the capital that had been built through old institutions over decades. (Clusters for Competitivenes ...
... training and export promotion. Soon after, the growth rate of Australian wine exports increased significantly. It is important to note that the new institutions worked because they drew efficiently on the capital that had been built through old institutions over decades. (Clusters for Competitivenes ...
Three essays about monetary policy in China - ROS Home
... on one single policy instrument such as a specific interest rate (which is fairly conventional in the literature on monetary policy in advanced economies) is not enough for studying China’s situation. To this end, Chapter 1 develops a comprehensive ...
... on one single policy instrument such as a specific interest rate (which is fairly conventional in the literature on monetary policy in advanced economies) is not enough for studying China’s situation. To this end, Chapter 1 develops a comprehensive ...
Macroeconomics: Introduction
... What have you learned to view as determinants of inflation, unemployment, business cycles, growth, and the distribution of income and wealth? Question: Do you think government policy can influence inflation, unemployment, business cycles, growth, and the distribution of income and wealth? ...
... What have you learned to view as determinants of inflation, unemployment, business cycles, growth, and the distribution of income and wealth? Question: Do you think government policy can influence inflation, unemployment, business cycles, growth, and the distribution of income and wealth? ...
The Economic Contribution of Copyright-Based Industries in
... per cent to 42 per cent depending on the degree of the influence of copyright on production and sales. Copyright in the fourth group of industries (non-dedicated support industries) affects only a small part of their business. However, the total volume of goods and services in this sector can be qui ...
... per cent to 42 per cent depending on the degree of the influence of copyright on production and sales. Copyright in the fourth group of industries (non-dedicated support industries) affects only a small part of their business. However, the total volume of goods and services in this sector can be qui ...
A Primer on Inflation
... economy, rendering decision-making and forward planning by consumers, businesses, and government difficult. Eventually, inflation may strain a country’s social fabric as each group in society competes with other groups to ensure its wages are keeping up with the rising level of prices. The social an ...
... economy, rendering decision-making and forward planning by consumers, businesses, and government difficult. Eventually, inflation may strain a country’s social fabric as each group in society competes with other groups to ensure its wages are keeping up with the rising level of prices. The social an ...
keynesian and new(keynesian models: the impact of military
... consumer behaviour, i.e. the increased asset market participation. From a theoretical point of view, we assume a standard Dynamic Stochastic General Equilibrium Model (DSGE) with an economy with sticky prices and limited asset market participation. Moreover, we assume the existence of a …scal polic ...
... consumer behaviour, i.e. the increased asset market participation. From a theoretical point of view, we assume a standard Dynamic Stochastic General Equilibrium Model (DSGE) with an economy with sticky prices and limited asset market participation. Moreover, we assume the existence of a …scal polic ...
“The text was adapted by The Saylor Foundation under the CC BY
... inv estigate arguments about whether temporary increases in income produced by rebates are likely to hav e a significant impact on consumption. Transfer pay ments such as welfare and Social Security als o affect the income people have av ailable to spend. At any given price level, an increase in tra ...
... inv estigate arguments about whether temporary increases in income produced by rebates are likely to hav e a significant impact on consumption. Transfer pay ments such as welfare and Social Security als o affect the income people have av ailable to spend. At any given price level, an increase in tra ...
NBER WORKING PAPER SERIES WHY HAVE BUSINESS CYCLE FLUCTUATIONS BECOME LESS VOLATILE?
... post-World War II business cycle volatility. Business cycle volatility was roughly constant up through the period studied by Kydland and Prescott, but has changed substantially since then. Kim and Nelson (1999), McConnell and Perez-Quiros (2000) and Stock and Watson (2002) all identify a large and s ...
... post-World War II business cycle volatility. Business cycle volatility was roughly constant up through the period studied by Kydland and Prescott, but has changed substantially since then. Kim and Nelson (1999), McConnell and Perez-Quiros (2000) and Stock and Watson (2002) all identify a large and s ...