Making sense of Brazil`s Lava Jato scandal
... that the company has been unable to publish audited accounts since November, when it was slated to issue its third-quarter numbers (though press reports say Petrobras is hoping to finally unveil its accounts next week.) Petrobras has come up with two vastly-differing estimates: the first takes into ...
... that the company has been unable to publish audited accounts since November, when it was slated to issue its third-quarter numbers (though press reports say Petrobras is hoping to finally unveil its accounts next week.) Petrobras has come up with two vastly-differing estimates: the first takes into ...
The Thatcher Experiment: The First Two Years
... "a broad balance of power in the framework of collective bargaining"2 (measures to remove specific abuses in picketing and the closed shop) and by other measures aimed at encouraging market forces to work as freely and flexibly as possible (such as the abolition of price, dividend, and exchange cont ...
... "a broad balance of power in the framework of collective bargaining"2 (measures to remove specific abuses in picketing and the closed shop) and by other measures aimed at encouraging market forces to work as freely and flexibly as possible (such as the abolition of price, dividend, and exchange cont ...
Growth Patterns and Inequality in The Presence
... Another issue in relation to the above point that has been explored to a very limited degree in this literature relates to the implications for technology adoption in the presence of the politico-economic determination of policies. A notable exception is the model developed by Krusell and Rios-Rull ...
... Another issue in relation to the above point that has been explored to a very limited degree in this literature relates to the implications for technology adoption in the presence of the politico-economic determination of policies. A notable exception is the model developed by Krusell and Rios-Rull ...
Real Business Cycles: A New Keynesian Perspective
... If the production function were unchanging and demand shocks were the source of fluctuations, real business cycle theory would have trouble generating a procyclical real wage. Since labor input is low in a recession, one would expect that the marginal product of labor and thus the real wage should b ...
... If the production function were unchanging and demand shocks were the source of fluctuations, real business cycle theory would have trouble generating a procyclical real wage. Since labor input is low in a recession, one would expect that the marginal product of labor and thus the real wage should b ...
Reduced Form Equation for Real GDP Growth in OPT
... reason for this is that most of the data used in those models are not available on quarterly frequency. Such annual models are extremely useful for the analysis of the effects of all kind of shocks on the economy and for policy analysis. They also provide forecasts for many other macroeconomic varia ...
... reason for this is that most of the data used in those models are not available on quarterly frequency. Such annual models are extremely useful for the analysis of the effects of all kind of shocks on the economy and for policy analysis. They also provide forecasts for many other macroeconomic varia ...
IOSR Journal Of Humanities And Social Science (IOSR-JHSS)
... society welcoming of diversity, their countries experience higher levels of income and wellbeing. The Personal Freedom subindex measures countries‟ performance in two areas: individual freedom and social tolerance. The Personal Freedom sub-index captures the effects of freedom of choice, expression, ...
... society welcoming of diversity, their countries experience higher levels of income and wellbeing. The Personal Freedom subindex measures countries‟ performance in two areas: individual freedom and social tolerance. The Personal Freedom sub-index captures the effects of freedom of choice, expression, ...
The Government Spending Multiplier: Evidence from County Level
... of announcement, which they study by analyzing news reports to determine when positive congressional action is expected. Those studies that assume that the effects of government spending are simultaneous with the actual expenditure of spending typically find that a positive government spending resul ...
... of announcement, which they study by analyzing news reports to determine when positive congressional action is expected. Those studies that assume that the effects of government spending are simultaneous with the actual expenditure of spending typically find that a positive government spending resul ...
research paper series Human Capital, Unemployment, and Relative
... state. There are N identical individuals born in every period, each with life span T. At birth they make an irrevocable choice between two career paths. E of the newborns seek an education, while the remaining (N ! E) enter immediately and for their entire life span into unskilled employment. Each o ...
... state. There are N identical individuals born in every period, each with life span T. At birth they make an irrevocable choice between two career paths. E of the newborns seek an education, while the remaining (N ! E) enter immediately and for their entire life span into unskilled employment. Each o ...
economic benefits from air transport in argentina
... • In 2009 total tourist arrivals to Argentina fell by almost 9% and related tourism receipts by 16%. This will have further reduced the contribution of tourism to GDP, although signs of recovery are already evident in 2010. These cyclical declines should be reversed as the economic upturn in South ...
... • In 2009 total tourist arrivals to Argentina fell by almost 9% and related tourism receipts by 16%. This will have further reduced the contribution of tourism to GDP, although signs of recovery are already evident in 2010. These cyclical declines should be reversed as the economic upturn in South ...
departamento de economía departamento de economía
... contemporary history, cut short by the US crisis that led to an economic crisis on a global scale: the most severe since 1929. The direct cause of the crisis was the price shock in the US real estate market, in which house prices fell by 13% between 2007 and 2008, and by 30% between 2007 and 2009. U ...
... contemporary history, cut short by the US crisis that led to an economic crisis on a global scale: the most severe since 1929. The direct cause of the crisis was the price shock in the US real estate market, in which house prices fell by 13% between 2007 and 2008, and by 30% between 2007 and 2009. U ...
Industrias La Constancia: Dynamizing El Salvador`s Economy
... rates, a closer look on the value chain, and data from the 2006 Input-output Matrix published by the Banco Central de Reserva de El Salvador. The Input-output Matrix offers an organized record of the transactions made between the productive sectors, meant to satisfy the procurement of goods for fina ...
... rates, a closer look on the value chain, and data from the 2006 Input-output Matrix published by the Banco Central de Reserva de El Salvador. The Input-output Matrix offers an organized record of the transactions made between the productive sectors, meant to satisfy the procurement of goods for fina ...
Wage theory, new deal labor policy and the Great Depression: were
... The alternative perspective on the Great Depression and New Deal I offer here is a melding of ideas from two founding fathers: J. R. Gommons who founded American industrial relations and co-founded institutional economics andj. M. Keynes who founded the Keynesian school of macroeconomics. Gommons an ...
... The alternative perspective on the Great Depression and New Deal I offer here is a melding of ideas from two founding fathers: J. R. Gommons who founded American industrial relations and co-founded institutional economics andj. M. Keynes who founded the Keynesian school of macroeconomics. Gommons an ...
Woodford and Wicksell: a Cashless Economy or a Moneyless
... On practical side too the relevance of money for monetary policy can be put into question. The IT revolution -in line with the 1980’s institutional changes in the financial markets- legitimates such anti-monetarism position. The widespread development of electronic money and stored value cards are p ...
... On practical side too the relevance of money for monetary policy can be put into question. The IT revolution -in line with the 1980’s institutional changes in the financial markets- legitimates such anti-monetarism position. The widespread development of electronic money and stored value cards are p ...
Working Paper No. 59 James R. Lothian Anthony Cassese 1050
... timing relationships between variables within and across industrialized countries. In the analysis we highlight the two polar cases of completely closed and open economies and draw sone implications for timing between monetary expansion and inflation, inter—country comparisons of inflation ...
... timing relationships between variables within and across industrialized countries. In the analysis we highlight the two polar cases of completely closed and open economies and draw sone implications for timing between monetary expansion and inflation, inter—country comparisons of inflation ...
Ezgi Sandal-DISCIPLINE+AND+ENCOURGEMENT
... Some countries, such as Belarus, Turkmenistan, and Uzbekistan, have managed to maintain discipline over managers in state enterprises without liberalization or hard budget constraints, but this has occurred largely through administrative methods held over from the Soviet-style command economy. ...
... Some countries, such as Belarus, Turkmenistan, and Uzbekistan, have managed to maintain discipline over managers in state enterprises without liberalization or hard budget constraints, but this has occurred largely through administrative methods held over from the Soviet-style command economy. ...
Is the Greek Crisis One of Supply or Demand?
... 2003--05, which was controversial at the time and included running a bigger budget deficit than allowed by the Maastricht Treaty in order to facilitate the transition to a new economic order. But these conditions have been denied to Greece, reinforcing its reluctance to implement reform and renderin ...
... 2003--05, which was controversial at the time and included running a bigger budget deficit than allowed by the Maastricht Treaty in order to facilitate the transition to a new economic order. But these conditions have been denied to Greece, reinforcing its reluctance to implement reform and renderin ...
Wage and price dynamics in a large emerging economy
... Many observers think that globalisation contributed to the lowering of inflation in the advanced economies. Others contest such a link: the panel discussion chaired by Frederic Mishkin, reported in BIS (2009), provides an excellent summary of the pros and cons of this controversial topic. But the ef ...
... Many observers think that globalisation contributed to the lowering of inflation in the advanced economies. Others contest such a link: the panel discussion chaired by Frederic Mishkin, reported in BIS (2009), provides an excellent summary of the pros and cons of this controversial topic. But the ef ...
Economics Principles and Applications - YSU
... • When households spend an additional $600 billion, firms that produce consumption goods and services will receive an additional $600 billion in sales revenue – Which will become income for households that supply resources to these firms. At this point, total income has increased by ...
... • When households spend an additional $600 billion, firms that produce consumption goods and services will receive an additional $600 billion in sales revenue – Which will become income for households that supply resources to these firms. At this point, total income has increased by ...
essen-ch24-presentat..
... Fiscal policy also works with a long lag: • Changes in G and T require Acts of Congress. • The legislative process can take months or ...
... Fiscal policy also works with a long lag: • Changes in G and T require Acts of Congress. • The legislative process can take months or ...
Read the Full Article - Independent Institute
... defined as a “unified and corporative republic” (Nova Publicação 1971, my translation in all cases). For the economy, this republic entailed a corporativist system in which individual competition was rejected, and production was instead to be organized within and between groups deemed organic by v ...
... defined as a “unified and corporative republic” (Nova Publicação 1971, my translation in all cases). For the economy, this republic entailed a corporativist system in which individual competition was rejected, and production was instead to be organized within and between groups deemed organic by v ...