Kauai`s Outlook is Buoyed by Strong Tourism
... hired by employment agencies rather than directly by construction companies. Some workers employed on Kauai may be listed as being employed on Oahu due to company addresses. Whatever the reason, it is likely that the job numbers are understating true employment. We just can’t say by how much. Howeve ...
... hired by employment agencies rather than directly by construction companies. Some workers employed on Kauai may be listed as being employed on Oahu due to company addresses. Whatever the reason, it is likely that the job numbers are understating true employment. We just can’t say by how much. Howeve ...
Chapter 26: The Multiplier Model
... c. President Bush would have had to increase government expenditures or reduce taxes significantly to stop the slowdown, but given the political atmosphere regarding the high deficit and debt, it is unlikely he could have done so. d. President Clinton faced the same political imperatives to decrease ...
... c. President Bush would have had to increase government expenditures or reduce taxes significantly to stop the slowdown, but given the political atmosphere regarding the high deficit and debt, it is unlikely he could have done so. d. President Clinton faced the same political imperatives to decrease ...
NBER WORKING PAPER SERIES REAL-FINANCIAL LINKAGES AMONG OPEN ECONOMIES Sven W. Arndt
... real effects. Money does not matter, and neither do exchange rates. They are all neutral. Interest rates do not matter because they are essentially intertemporal prices, with only second-order-of-small effects on inter-sectoral ...
... real effects. Money does not matter, and neither do exchange rates. They are all neutral. Interest rates do not matter because they are essentially intertemporal prices, with only second-order-of-small effects on inter-sectoral ...
TAX AS A FISCAL POLICY AND MANUFACTURING COMPANY`S
... economic growth through an efficient tax system" asserts that the use of tax in national development is increasing and that further introduction of new technology will ensure its continued growth and influence in stimulating economic growth and development. He stressed further that "the real purpose ...
... economic growth through an efficient tax system" asserts that the use of tax in national development is increasing and that further introduction of new technology will ensure its continued growth and influence in stimulating economic growth and development. He stressed further that "the real purpose ...
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... century whereas other countries such as the US, the UK or the Netherlands were much more successful over this time period in producing employment growth and in reducing their unemployment rates which is often associated with their more favorable institutional environment compared to Germany not only ...
... century whereas other countries such as the US, the UK or the Netherlands were much more successful over this time period in producing employment growth and in reducing their unemployment rates which is often associated with their more favorable institutional environment compared to Germany not only ...
Monetary Policy
... of these economic variables directly. The Fed uses variables, called monetary policy targets, that it can affect directly and that, in turn, affect variables that are closely related to the Fed’s policy goals, such as real GDP, employment, and the price level. The federal funds rate is the Fed’s mos ...
... of these economic variables directly. The Fed uses variables, called monetary policy targets, that it can affect directly and that, in turn, affect variables that are closely related to the Fed’s policy goals, such as real GDP, employment, and the price level. The federal funds rate is the Fed’s mos ...
GDP and GNP
... GNP includes the final value of goods and services produced by the residents of a country, without considering their geographical location. Based on this definition, net income from abroad is necessary since in order to focus only on a specific country, income from foreign residents must be subtract ...
... GNP includes the final value of goods and services produced by the residents of a country, without considering their geographical location. Based on this definition, net income from abroad is necessary since in order to focus only on a specific country, income from foreign residents must be subtract ...
The liquidity effect in a small open economy model
... where r:py is the adjustment costs scale parameter. This expression allows us to develop a dynamic price-setting rule that has essentially the same (aggregate) price implications as the one considered by Calvo (1983). As noted by Woodford (1996) this model leads to a Phillips ttade-off in which futu ...
... where r:py is the adjustment costs scale parameter. This expression allows us to develop a dynamic price-setting rule that has essentially the same (aggregate) price implications as the one considered by Calvo (1983). As noted by Woodford (1996) this model leads to a Phillips ttade-off in which futu ...
Gross domestic product
... C is private consumption (or Consumer expenditures) in the economy. This is sometimes clarified as: consumer expenditures on final goods and services. All the variables in the GDP equation measure final goods & services expenditures rather than total expenditures; the distinction removes from total ...
... C is private consumption (or Consumer expenditures) in the economy. This is sometimes clarified as: consumer expenditures on final goods and services. All the variables in the GDP equation measure final goods & services expenditures rather than total expenditures; the distinction removes from total ...
![Introduction [to The Economics of the Great Depression]](http://s1.studyres.com/store/data/005075362_1-9eb12c57a247abe9fdb25f70efbd0ae2-300x300.png)
Introduction [to The Economics of the Great Depression]
... oped countries being delinked from the international economy. This delinking caused countries in parts of Latin America, Africa, and Asia to shift production away from exports such as agricultural products and minerals and toward production of manufactured goods. Bernstein provides an interesting mi ...
... oped countries being delinked from the international economy. This delinking caused countries in parts of Latin America, Africa, and Asia to shift production away from exports such as agricultural products and minerals and toward production of manufactured goods. Bernstein provides an interesting mi ...
Document
... Planned investment spending is the investment spending that businesses plan to undertake during a given period. It depends negatively on: ...
... Planned investment spending is the investment spending that businesses plan to undertake during a given period. It depends negatively on: ...
English - SICE (OAS)
... to work towards the establishment of the CARICOM Single Market and Economy (CSME). The motivating factor was the perceived need to deepen the integration process and strengthen the Caribbean Community in all of its dimensions to respond to the challenges and opportunities presented by changes in the ...
... to work towards the establishment of the CARICOM Single Market and Economy (CSME). The motivating factor was the perceived need to deepen the integration process and strengthen the Caribbean Community in all of its dimensions to respond to the challenges and opportunities presented by changes in the ...
Chapter 2.pmd
... consultant – the goods and services produced are to be sold to the consumers. The consumer may, in turn, be an individual or an enterprise and the good or service purchased by that entity might be for final use or for use in further production. When it is used in further production it often loses it ...
... consultant – the goods and services produced are to be sold to the consumers. The consumer may, in turn, be an individual or an enterprise and the good or service purchased by that entity might be for final use or for use in further production. When it is used in further production it often loses it ...
Security Scenarios And The Global Economy
... • Other techno optimists argue that that propositional knowledge (basic science) leads prescriptive knowledge (scientific applications) • More time is needed to let this feedback loop work itself out for the computer age: • Science progresses with better tools • which are used to make even better to ...
... • Other techno optimists argue that that propositional knowledge (basic science) leads prescriptive knowledge (scientific applications) • More time is needed to let this feedback loop work itself out for the computer age: • Science progresses with better tools • which are used to make even better to ...
Document
... • Information on this trade-off rate (if it could be gathered) would require large expenditures by a government ...
... • Information on this trade-off rate (if it could be gathered) would require large expenditures by a government ...
Globalization at the Level of the Nation-State
... welfare state. The institutions of the third sector connect citizens to each other and to political, economic, and cultural systems. One valued role of the third sector is to provide a forum for democratic participation of citizens in the public policy process. A wide range of individuals, such as t ...
... welfare state. The institutions of the third sector connect citizens to each other and to political, economic, and cultural systems. One valued role of the third sector is to provide a forum for democratic participation of citizens in the public policy process. A wide range of individuals, such as t ...
Comparing Public Spending and Priorities Across OECD Countries
... limits, the relatively free movement of capital and goods at a time when the movement of labor is still limited puts pressure on countries to compete for jobs. Countries then tend to become more competitive by limiting their regulation of corporate activity and levels of taxation—hence spending leve ...
... limits, the relatively free movement of capital and goods at a time when the movement of labor is still limited puts pressure on countries to compete for jobs. Countries then tend to become more competitive by limiting their regulation of corporate activity and levels of taxation—hence spending leve ...
NBER WORKING PAPER SERIES AREAS Pierre-Richard Agenor
... recent literature on OCAs. It focuses on how capital market imperfections may affect the welfare gains of joining a currency union. Somewhat surprisingly, there has been very little analytical research on this issue; most of the literature surveys referred to earlier do not even mention it as a relev ...
... recent literature on OCAs. It focuses on how capital market imperfections may affect the welfare gains of joining a currency union. Somewhat surprisingly, there has been very little analytical research on this issue; most of the literature surveys referred to earlier do not even mention it as a relev ...
Advanced Capitalism and Backward Socialism
... from the share of profits to the working class; by and large the reduction in the share of profits has been taken up by increased state expenditure with the share of the national income going to wages remaining rather steady (Table 1). However as we have already argued, by far the most important cau ...
... from the share of profits to the working class; by and large the reduction in the share of profits has been taken up by increased state expenditure with the share of the national income going to wages remaining rather steady (Table 1). However as we have already argued, by far the most important cau ...
The Political Economy of Policy Reform: Insights from Southeast Asia
... function that recognizes distributional and environmental considerations. The underlying rationale is concern for general welfare, the public interest, rather than particular vested interests. Economists have typically defined reform as measures that increase productivity and growth rates, but these ...
... function that recognizes distributional and environmental considerations. The underlying rationale is concern for general welfare, the public interest, rather than particular vested interests. Economists have typically defined reform as measures that increase productivity and growth rates, but these ...
Reflections On Hayek’s Business Cycle Theory
... In later writings Hayek (1974, 1975) has clarified and somewhat modified his views, coming to grips with the problem of secondary deflation. He still rejects what he believes is the basic mistake of Keynesian economics, namely, “that employment is a direct and simple function of what is called aggre ...
... In later writings Hayek (1974, 1975) has clarified and somewhat modified his views, coming to grips with the problem of secondary deflation. He still rejects what he believes is the basic mistake of Keynesian economics, namely, “that employment is a direct and simple function of what is called aggre ...
Macroeconomics - WordPress.com
... Aggregate demand can shift to the right for a number of reasons, including an increase in the money supply, a tax cut, or an increase in government spending. If the shift occurs when the economy is on the nearly flat portion of the AS curve, the result will be an increase in output with little incre ...
... Aggregate demand can shift to the right for a number of reasons, including an increase in the money supply, a tax cut, or an increase in government spending. If the shift occurs when the economy is on the nearly flat portion of the AS curve, the result will be an increase in output with little incre ...