What is behind discrepancies between growth in GDP and
... the euro area”. Quarter-on-quarter rates of growth in Source: Eurostat. real GDP and total real gross value added tend to be very similar, but, at times, there can be relatively large and persistent discrepancies (see Chart A). This box explains the conceptual differences between GDP and total gross ...
... the euro area”. Quarter-on-quarter rates of growth in Source: Eurostat. real GDP and total real gross value added tend to be very similar, but, at times, there can be relatively large and persistent discrepancies (see Chart A). This box explains the conceptual differences between GDP and total gross ...
Chapter 14 Monetary Policy
... 1. The Fed under Alan Greenspan managed the money supply such that the U.S. economy enjoyed price stability, high levels of employment, and strong economic growth. This leads some to argue that the Fed should take an active policy role and attempt to pursue all of those objectives in setting policy. ...
... 1. The Fed under Alan Greenspan managed the money supply such that the U.S. economy enjoyed price stability, high levels of employment, and strong economic growth. This leads some to argue that the Fed should take an active policy role and attempt to pursue all of those objectives in setting policy. ...
Could we be better off than we think?
... rates. Organisations like the UN and IMF produce conceptual frameworks, like the system of national accounts (SNA), to aid statisticians when producing macroeconomic statistics. However, while these frameworks provide guidance, they are not completely formulaic. How a country implements framework re ...
... rates. Organisations like the UN and IMF produce conceptual frameworks, like the system of national accounts (SNA), to aid statisticians when producing macroeconomic statistics. However, while these frameworks provide guidance, they are not completely formulaic. How a country implements framework re ...
loose or tight monetary policies
... federal funds market, in which banks can borrow reserves from other banks that want to lend them and pay the federal funds rate. Copyright © 2005 Pearson Addison-Wesley. All rights reserved. ...
... federal funds market, in which banks can borrow reserves from other banks that want to lend them and pay the federal funds rate. Copyright © 2005 Pearson Addison-Wesley. All rights reserved. ...
Biased Technological Progress and Labor Force
... analysis. This is followed in Section IV by a numerical experiment that utilizes parameters and initial conditions drawn from Southeast Asia and, in addition to the issues already raised, critically evaluates the sources of growth methodology. ...
... analysis. This is followed in Section IV by a numerical experiment that utilizes parameters and initial conditions drawn from Southeast Asia and, in addition to the issues already raised, critically evaluates the sources of growth methodology. ...
This PDF is a selection from a published volume from... Bureau of Economic Research Volume Title: NBER International Seminar on Macroeconomics
... were supportive of these policy actions on the premise that fiscal multipliers were likely to be especially large in an environment in which monetary policy was unlikely to respond by raising interest rates.1 However, the rise in sovereign spreads in a number of European countries since late 2009, e ...
... were supportive of these policy actions on the premise that fiscal multipliers were likely to be especially large in an environment in which monetary policy was unlikely to respond by raising interest rates.1 However, the rise in sovereign spreads in a number of European countries since late 2009, e ...
Learning Regions as Development Coalitions: Partnership as
... change is represented by the transition from Fordism to Post-Fordism. Thus, the crux of the question of the degree of reality in the rethoric of learning economies and learning regions, lies very much in the view of whether such a transition has really taken place or not. If one argues along with Lu ...
... change is represented by the transition from Fordism to Post-Fordism. Thus, the crux of the question of the degree of reality in the rethoric of learning economies and learning regions, lies very much in the view of whether such a transition has really taken place or not. If one argues along with Lu ...
Learning Regions as Development Coalitions: Partnership as
... change is represented by the transition from Fordism to Post-Fordism. Thus, the crux of the question of the degree of reality in the rethoric of learning economies and learning regions, lies very much in the view of whether such a transition has really taken place or not. If one argues along with Lu ...
... change is represented by the transition from Fordism to Post-Fordism. Thus, the crux of the question of the degree of reality in the rethoric of learning economies and learning regions, lies very much in the view of whether such a transition has really taken place or not. If one argues along with Lu ...
Mexico, Current Quarter Forecasts
... surpassing the amount of foreign direct investment in 2003. Thus, since 2003, remittances became the second source of foreign income for Mexico, after oil revenues. Since most of the remittances are received by low-income families in Mexico, with a marginal propensity to consume close to one, this e ...
... surpassing the amount of foreign direct investment in 2003. Thus, since 2003, remittances became the second source of foreign income for Mexico, after oil revenues. Since most of the remittances are received by low-income families in Mexico, with a marginal propensity to consume close to one, this e ...
12. Nudge Nudge, Wink Wink, Say No More
... by a final transaction of purchase into consumable goods or sensations of consumption.’ (Veblen 1909: 634) Veblen derided the attempt to interpret accumulation as simply delayed consumption – so that the innate equality of Say’s Law could be restored in the long run-as a desire not to understand the ...
... by a final transaction of purchase into consumable goods or sensations of consumption.’ (Veblen 1909: 634) Veblen derided the attempt to interpret accumulation as simply delayed consumption – so that the innate equality of Say’s Law could be restored in the long run-as a desire not to understand the ...
Chapter 14 Learning Objectives Monetary Policy of the Fed Loose
... • There is considerable evidence of the empirical validity of the relationship between high monetary growth and high rates of inflation. • Figure 14-4, next, shows the correspondence between money supply growth and the rates of inflation in various countries around the ...
... • There is considerable evidence of the empirical validity of the relationship between high monetary growth and high rates of inflation. • Figure 14-4, next, shows the correspondence between money supply growth and the rates of inflation in various countries around the ...
7_GDP_2009
... ─ Economic performance assessment, ─ Economic policy making, ─ Economic policy efficiency assessment. ...
... ─ Economic performance assessment, ─ Economic policy making, ─ Economic policy efficiency assessment. ...
What is Real GDP?
... This implies, can we moderate the inflationary pressures on the economy when it is on the upswing of the buseiness cycle, pressing upon full employment? Can we moderate the inevitable unemployment that occurs when the economy after reaching its peak, begins its slide into recession? ...
... This implies, can we moderate the inflationary pressures on the economy when it is on the upswing of the buseiness cycle, pressing upon full employment? Can we moderate the inevitable unemployment that occurs when the economy after reaching its peak, begins its slide into recession? ...
How much did competitiveness of the Greek economy decline since
... Estimates can differ, depending on whether competitiveness is measured on the basis of relative prices or relative unit labor costs, on whether one uses nominal or real unit labor costs, on which countries one compares Greece with and, finally, on the relative weight of each country in the index. In ...
... Estimates can differ, depending on whether competitiveness is measured on the basis of relative prices or relative unit labor costs, on whether one uses nominal or real unit labor costs, on which countries one compares Greece with and, finally, on the relative weight of each country in the index. In ...
Aalborg Universitet Madsen, Poul Thøis
... This is why many authors stick to the historical concept ‘neoclassical’ when characterising influential theories which on paper are much more recent, such as new classical theory (Robert Lucas) or new Keynesian theory. In new Keynesian theory as well as most modern economic textbooks, markets are ob ...
... This is why many authors stick to the historical concept ‘neoclassical’ when characterising influential theories which on paper are much more recent, such as new classical theory (Robert Lucas) or new Keynesian theory. In new Keynesian theory as well as most modern economic textbooks, markets are ob ...
Ch3
... in developing countries in estimating the underground production. A more useful approach is to consider the underground production as falling into the following two possible categories: a) activities that are underground because the enterprises conducting them are not registered o These are usually ...
... in developing countries in estimating the underground production. A more useful approach is to consider the underground production as falling into the following two possible categories: a) activities that are underground because the enterprises conducting them are not registered o These are usually ...
Aalborg Universitet
... The main objective of this research is to contribute to a critical understanding of the political economy of contemporary Southeast Asia in analytical, conceptual, and empirical terms. Its starting point is the observation that there is something distinctive on the way capitalism evolves in the regi ...
... The main objective of this research is to contribute to a critical understanding of the political economy of contemporary Southeast Asia in analytical, conceptual, and empirical terms. Its starting point is the observation that there is something distinctive on the way capitalism evolves in the regi ...
Redalyc.Macroeconomic regime and labor market: the Argentine
... really low levels, led to higher levels of labor precariousness and took open unemployment to unprecedented levels. The imbalances accumulated by the regime throughout the decade resulted in a social and economic crisis of unprecedented proportions. The economic recovery that took place starting in ...
... really low levels, led to higher levels of labor precariousness and took open unemployment to unprecedented levels. The imbalances accumulated by the regime throughout the decade resulted in a social and economic crisis of unprecedented proportions. The economic recovery that took place starting in ...
Kieger Macro Update
... The corruption affair around Petrobras and the resultant political instability are further worsening the situation. Whether the upcoming Olympics are an economic blessing or a curse, we’re not quite sure. China is in what some people call a “growth recession”. The growth rate has been falling for ma ...
... The corruption affair around Petrobras and the resultant political instability are further worsening the situation. Whether the upcoming Olympics are an economic blessing or a curse, we’re not quite sure. China is in what some people call a “growth recession”. The growth rate has been falling for ma ...