‘Push Factors’ Of Outward Fdi: Evidence From Malaysia And Thailand
... known as first tier newly industrializing economies (NIEs) of Singapore, Hong Kong, South Korea and Taiwan. This outward FDI had transformed the four NIEs into high performing economies through industrial upgrading. After sometimes, these NIEs started to restructure their economies and those indust ...
... known as first tier newly industrializing economies (NIEs) of Singapore, Hong Kong, South Korea and Taiwan. This outward FDI had transformed the four NIEs into high performing economies through industrial upgrading. After sometimes, these NIEs started to restructure their economies and those indust ...
THE RETURN OF THE WAGE PHILLIPS CURVE
... recent but already large empirical literature on price inflation dynamics and firms’ pricing patterns, which has been motivated to a large extent by the desire to evaluate the price-setting block of the NK model.4 This paper seeks to fill part of that gap, by providing evidence on the NK model’s abi ...
... recent but already large empirical literature on price inflation dynamics and firms’ pricing patterns, which has been motivated to a large extent by the desire to evaluate the price-setting block of the NK model.4 This paper seeks to fill part of that gap, by providing evidence on the NK model’s abi ...
Money and generalized exchange: A critical look at Neo
... This is made implicit in Arrow and Debreu (1954) by the mere fact that their model, as all NeoWalrasian constructs assume that (p. 266) “each commodity may be bought or sold for delivery at one of a finite number of distinct locations and one of a finite number of future time points.” The fact that th ...
... This is made implicit in Arrow and Debreu (1954) by the mere fact that their model, as all NeoWalrasian constructs assume that (p. 266) “each commodity may be bought or sold for delivery at one of a finite number of distinct locations and one of a finite number of future time points.” The fact that th ...
The Supply and Demand for Safe Assets
... optimal borrowing. In this case government bonds are not neutral because they can be used as collateral, increasing production towards the optimal borrowing. In normal times, lenders do not have incentives to acquire information about the value of privately-produced assets that firms use as collate ...
... optimal borrowing. In this case government bonds are not neutral because they can be used as collateral, increasing production towards the optimal borrowing. In normal times, lenders do not have incentives to acquire information about the value of privately-produced assets that firms use as collate ...
Uncertainty Shocks and Equity Return Jumps and Volatility during
... With the benefit of hindsight it may seem clear that the Great Depression was a temporary aberration for an American economy which has seen persistent growth throughout its recorded economic history. Those that lived through the Depression however,1 experienced unprecedented uncertainty shocks, incl ...
... With the benefit of hindsight it may seem clear that the Great Depression was a temporary aberration for an American economy which has seen persistent growth throughout its recorded economic history. Those that lived through the Depression however,1 experienced unprecedented uncertainty shocks, incl ...
NBER WORKING PAPER SERIES
... attention, disappears almost entirely. Rather than criticizing the concept of the wage gap upon which previous investigators have based their claim that European unemployment is "classical," this paper shows that the properly ...
... attention, disappears almost entirely. Rather than criticizing the concept of the wage gap upon which previous investigators have based their claim that European unemployment is "classical," this paper shows that the properly ...
Inflation in the open economy: A norwegian model
... the two industry groups exists with respect to productivity trends. It has been found in Norway that output per man has risen much more rapidly within the exposed industries, which are typically capital-intensive and mass-producing, than within the sheltered industries where service industries weigh ...
... the two industry groups exists with respect to productivity trends. It has been found in Norway that output per man has risen much more rapidly within the exposed industries, which are typically capital-intensive and mass-producing, than within the sheltered industries where service industries weigh ...
1/. A brief overview of status of cooperative movement in Vietnam
... enterprises. Chairman can be voted among the members or hired from outside. + Define clearly the functions of Vietnam ...
... enterprises. Chairman can be voted among the members or hired from outside. + Define clearly the functions of Vietnam ...
Monetary Policy Transparency - Faculty of Economics
... transparency, especially the colorful ‘fan charts’ it introduced in the mid 1990s to show its projected path for inflation and output growth, with confidence bands illustrating the underlying uncertainty. Concerning procedural transparency, the use of an explicit monetary policy strategy (such as in ...
... transparency, especially the colorful ‘fan charts’ it introduced in the mid 1990s to show its projected path for inflation and output growth, with confidence bands illustrating the underlying uncertainty. Concerning procedural transparency, the use of an explicit monetary policy strategy (such as in ...
BNR ECONOMIC REVIEW Vol. 9
... multiplier and velocity of money as financial innovation may lead to instability of the two economic variables. Empirical results show that there exist a long run relationship between M3 and nominal GDP indicating that BNR may influence the development of nominal GDP (and in price) through the contr ...
... multiplier and velocity of money as financial innovation may lead to instability of the two economic variables. Empirical results show that there exist a long run relationship between M3 and nominal GDP indicating that BNR may influence the development of nominal GDP (and in price) through the contr ...
Unpacking the Multiplier: Making Sense of
... cacy o f the stim ulus treat the m ultiplier as singular, claim ing that the fraction o f new spending that displaces existing production is always at or near one, or the fraction o f tax reductions spent by beneficiaries is always at or near zero. Robert Barro (2009), for exam ple, focuses on crow ...
... cacy o f the stim ulus treat the m ultiplier as singular, claim ing that the fraction o f new spending that displaces existing production is always at or near one, or the fraction o f tax reductions spent by beneficiaries is always at or near zero. Robert Barro (2009), for exam ple, focuses on crow ...
Targeting Nominal GDP or Prices: Expectation Dynamics and the Interest Rate
... of perfect foresight paths, starting from an initial ∗ , which converge asymptotically to . Using perfect foresight analysis, the multiple equilibria issue was studied further in Benhabib, Schmitt-Grohe, and Uribe (2001) and Benhabib, Schmitt-Grohe, and Uribe (2002). It is important to obs ...
... of perfect foresight paths, starting from an initial ∗ , which converge asymptotically to . Using perfect foresight analysis, the multiple equilibria issue was studied further in Benhabib, Schmitt-Grohe, and Uribe (2001) and Benhabib, Schmitt-Grohe, and Uribe (2002). It is important to obs ...
solving the productivity conundrum
... the productivity decline of the last 10 years cannot be attributed to any one specific sector. The observed slowdown is rather a broad-based phenomenon (figure 2).3 The US productivity gains of the mid 90s began in the ICT sector and developed in the market services sector. Increased ICT use and organ ...
... the productivity decline of the last 10 years cannot be attributed to any one specific sector. The observed slowdown is rather a broad-based phenomenon (figure 2).3 The US productivity gains of the mid 90s began in the ICT sector and developed in the market services sector. Increased ICT use and organ ...
Sample Chapter 2 (PDF, 28 Pages
... Bank. Toyota is a Japanese company that produces cars in Canada. Canadian GDP includes the value of those cars. The TD Bank, which is a Canadian company, has a large presence in the United States. The value of its services provided abroad is not included in Canadian GDP. They are included in U.S. GD ...
... Bank. Toyota is a Japanese company that produces cars in Canada. Canadian GDP includes the value of those cars. The TD Bank, which is a Canadian company, has a large presence in the United States. The value of its services provided abroad is not included in Canadian GDP. They are included in U.S. GD ...
western union tax impact 122215
... workers decide to simply remain home rather than work. A more realistic view is that remittance recipients who are young use the funds to stop working and attend school, or to spend more time raising their children. Older workers may stop working and instead depend upon remittances as a supplement t ...
... workers decide to simply remain home rather than work. A more realistic view is that remittance recipients who are young use the funds to stop working and attend school, or to spend more time raising their children. Older workers may stop working and instead depend upon remittances as a supplement t ...
Coastal Capital: Belize - World Resources Institute
... money” — they generate economic benefits well beyond the amount invested in their protection. MPA managers reported approximately 115,000 visitors in 2007. Although some were likely repeat visitors, this is still a remarkable share of Belize’s total 250,000 overnight visitors that year (very few MPA ...
... money” — they generate economic benefits well beyond the amount invested in their protection. MPA managers reported approximately 115,000 visitors in 2007. Although some were likely repeat visitors, this is still a remarkable share of Belize’s total 250,000 overnight visitors that year (very few MPA ...
Government Sector and the Government Spending Multipliers
... from the private sector, and the purchases of goods and services from the government sector. The latter one is the compensation to general government employees plus the general government consumption of fixed capital. In the National Income and Product Accounts (NIPA) table 1.3.5, this component is ...
... from the private sector, and the purchases of goods and services from the government sector. The latter one is the compensation to general government employees plus the general government consumption of fixed capital. In the National Income and Product Accounts (NIPA) table 1.3.5, this component is ...
Abolishing GDP
... seeps through to economists working in businesses and government, to economic teachers at various levels of education, to policy makers, politicians and journalists. As a result, obvious conclusions and policy implications are not being picked up. Gross domestic product (GDP) is the monetary, market ...
... seeps through to economists working in businesses and government, to economic teachers at various levels of education, to policy makers, politicians and journalists. As a result, obvious conclusions and policy implications are not being picked up. Gross domestic product (GDP) is the monetary, market ...
A-level Economics Mark scheme Unit 04 - The National and
... Analysis of benefit Award 1 mark for each logical link in the chain of reasoning. Examples include: Overseas investment spearheading trade links boosting the export sector. Overseas investment can spearhead trade links (1 mark) thus helping to boost the UK export sector (1 mark). This in turn can be ...
... Analysis of benefit Award 1 mark for each logical link in the chain of reasoning. Examples include: Overseas investment spearheading trade links boosting the export sector. Overseas investment can spearhead trade links (1 mark) thus helping to boost the UK export sector (1 mark). This in turn can be ...
IOSR Journal of Economics and Finance (IOSR-JEF)
... exemptions. Developers and units notified after these dates will only have investment-linked exemptions and not profit-linked exemptions. There is concern about these dates among developers and units particularly in the big SEZs with long gestation time15. Goods and Services Tax (GST): As per the GS ...
... exemptions. Developers and units notified after these dates will only have investment-linked exemptions and not profit-linked exemptions. There is concern about these dates among developers and units particularly in the big SEZs with long gestation time15. Goods and Services Tax (GST): As per the GS ...
understanding the "informal sector" - unu
... workers and unpaid family workers, it accounted for 18 per cent of urban employment in 1976 (Hansen and Radwan, 1932). When informal employment was defined as that occurring in "small" establishments, the informal sector accounted for 50 per cent of Jakarta's urban employment in 1971, and 69 per cen ...
... workers and unpaid family workers, it accounted for 18 per cent of urban employment in 1976 (Hansen and Radwan, 1932). When informal employment was defined as that occurring in "small" establishments, the informal sector accounted for 50 per cent of Jakarta's urban employment in 1971, and 69 per cen ...