Optimal Time-Consistent Government Debt Maturity No. 16-4
... optimal government debt positions, both short and long, are large (in absolute value) relative to GDP. Finally, these positions are constant and do not need to be actively managed since the combination of constant positions and fluctuating bond prices delivers full insurance against potential shocks ...
... optimal government debt positions, both short and long, are large (in absolute value) relative to GDP. Finally, these positions are constant and do not need to be actively managed since the combination of constant positions and fluctuating bond prices delivers full insurance against potential shocks ...
This PDF is a selec on from a published volume... Bureau of Economic Research
... Gorodnichenko and Shapiro (2007, 1152) observe that the absence of electronic versions of Arthur Burns’s public statements is an obstacle to a comprehensive analysis of the information in those statements. This observation is valid for the textual analysis that Gorodnichenko and Shapiro apply to sta ...
... Gorodnichenko and Shapiro (2007, 1152) observe that the absence of electronic versions of Arthur Burns’s public statements is an obstacle to a comprehensive analysis of the information in those statements. This observation is valid for the textual analysis that Gorodnichenko and Shapiro apply to sta ...
The equilibrium approach to money and the business cycle
... In any case, this distinction between statics and dynamics is not equivalent to the one ascribed above to the “Anglo-Saxon-French” tradition, namely of statics as an analysis that abstracts from time, and dynamics as that of (any) movements in time. Thus, following Löwe, the static (or equilibrium) ...
... In any case, this distinction between statics and dynamics is not equivalent to the one ascribed above to the “Anglo-Saxon-French” tradition, namely of statics as an analysis that abstracts from time, and dynamics as that of (any) movements in time. Thus, following Löwe, the static (or equilibrium) ...
PDF 337KB
... released with a time lag of about one year for a given period and of roughly two years for the even highly accurate revised ARNA. ...
... released with a time lag of about one year for a given period and of roughly two years for the even highly accurate revised ARNA. ...
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... 29. Figure 2-5 shows five different points along the production possibilities frontier for a country that produces rockets and cruise ships. If the country is currently operating at point C and decided to move to point B, a. the opportunity cost would be four rockets b. it could not do so, given the ...
... 29. Figure 2-5 shows five different points along the production possibilities frontier for a country that produces rockets and cruise ships. If the country is currently operating at point C and decided to move to point B, a. the opportunity cost would be four rockets b. it could not do so, given the ...
Social Protection for Informal Workers in Asia
... International Labour Organization suggested that a lack of decent jobs has resulted in more than 50.0% of workers turning to informal employment that results in low productivity and a volatile income. This problem is exacerbated in many developing countries in Asia by a gender divide in the availabi ...
... International Labour Organization suggested that a lack of decent jobs has resulted in more than 50.0% of workers turning to informal employment that results in low productivity and a volatile income. This problem is exacerbated in many developing countries in Asia by a gender divide in the availabi ...
The Great Inflation in the United States and the United Kingdom
... Gorodnichenko and Shapiro (2007, p. 1152) observe that the absence of electronic versions of Arthur Burns’ public statements is an obstacle to a comprehensive analysis of the information in those statements. This observation is valid for the textual analysis that Gorodnichenko and Shapiro apply to s ...
... Gorodnichenko and Shapiro (2007, p. 1152) observe that the absence of electronic versions of Arthur Burns’ public statements is an obstacle to a comprehensive analysis of the information in those statements. This observation is valid for the textual analysis that Gorodnichenko and Shapiro apply to s ...
The Social and Economic Impact of Standard Chartered Ghana
... a large number of firsts – such as ATMs, SMS banking and VISA debit cards – that have played a critical part in the country’s socio-economic development. Likewise, Standard Chartered Ghana’s extensive employee training programme is a significant contribution to the public good, as it benefits the wh ...
... a large number of firsts – such as ATMs, SMS banking and VISA debit cards – that have played a critical part in the country’s socio-economic development. Likewise, Standard Chartered Ghana’s extensive employee training programme is a significant contribution to the public good, as it benefits the wh ...
Econ261, Pretest 1
... ____ 10. Because there is a trade-off between total output and equality of income distribution, a. greater equality of distribution will generally result in higher levels of output. b. greater output is generally associated with more equal distribution. c. policies designed to increase output will o ...
... ____ 10. Because there is a trade-off between total output and equality of income distribution, a. greater equality of distribution will generally result in higher levels of output. b. greater output is generally associated with more equal distribution. c. policies designed to increase output will o ...
1. Introduction to Macroeconomics
... ◆ The shadow economy is another area, where coverage by national accounting is difficult, because producers do not pay taxes or provide production data to statistical offices. ◆ Until recently, the Federal Statistical Office of Germany (FSO) has estimated the level non-taxed value added creation in ...
... ◆ The shadow economy is another area, where coverage by national accounting is difficult, because producers do not pay taxes or provide production data to statistical offices. ◆ Until recently, the Federal Statistical Office of Germany (FSO) has estimated the level non-taxed value added creation in ...
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... Full file at http://testbank360.eu/test-bank-economics-for-today-7th-edition-tucke ...
... Full file at http://testbank360.eu/test-bank-economics-for-today-7th-edition-tucke ...
Coyote Economist Economics Scholarships for Fall 2012 News.from.the.Department.of.Economics,.CSUSB
... ODE is an International Honor Society in Economics that encourages devotion to the advancement of economics and to the scholarly effort to make freedom from want and deprivation a reality for all mankind. ODE is one of the world’s largest academic honor societies and currently has 652 chapters throu ...
... ODE is an International Honor Society in Economics that encourages devotion to the advancement of economics and to the scholarly effort to make freedom from want and deprivation a reality for all mankind. ODE is one of the world’s largest academic honor societies and currently has 652 chapters throu ...
FREE Sample Here
... 46. Which of the following most accurately indicates the implications of an economy's production possibilities curve? a. If all the resources of an economy are being used efficiently, more of one good can be produced only if less of another good is produced. b. If all the resources of an economy are ...
... 46. Which of the following most accurately indicates the implications of an economy's production possibilities curve? a. If all the resources of an economy are being used efficiently, more of one good can be produced only if less of another good is produced. b. If all the resources of an economy are ...
FREE Sample Here - We can offer most test bank and
... TOP: The Production Possibilities Curve KEY: Bloom's: Comprehension 46. Which of the following most accurately indicates the implications of an economy's production possibilities curve? a. If all the resources of an economy are being used efficiently, more of one good can be produced only if less of ...
... TOP: The Production Possibilities Curve KEY: Bloom's: Comprehension 46. Which of the following most accurately indicates the implications of an economy's production possibilities curve? a. If all the resources of an economy are being used efficiently, more of one good can be produced only if less of ...
NBER WORKING PAPER SERIES RECONCILING POLICY DECISIONS AND DATA OUTCOMES
... colonies in the New World, Britain has been a major source of our economic and political thought.” The Great Inflation period is another example of this influence, as the predominant U.S. policy thinking during the 1970s was patterned on a U.K. precedent. In Section 2 we discuss why we emphasize doc ...
... colonies in the New World, Britain has been a major source of our economic and political thought.” The Great Inflation period is another example of this influence, as the predominant U.S. policy thinking during the 1970s was patterned on a U.K. precedent. In Section 2 we discuss why we emphasize doc ...
economics-for-today-7th-edition-tucker-test-bank
... 48. After the terrorist attacks on September 11, 2001, the United States began devoting substantial resources toward the War on Terrorism, homeland security, and relief efforts. As long as our resources were being used efficiently, the production possibilities curve would suggest that: a. we will ha ...
... 48. After the terrorist attacks on September 11, 2001, the United States began devoting substantial resources toward the War on Terrorism, homeland security, and relief efforts. As long as our resources were being used efficiently, the production possibilities curve would suggest that: a. we will ha ...
Principles of Economics
... 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 ...
Macroeconomic uncertainty
... uncertainty lead companies to postpone their investment plans it not only affects demand today but also the future supply capacity of the economy. The growth rate of the capital stock is lower when investment spending falls, which is likely to restrict the amount companies can produce in the future. ...
... uncertainty lead companies to postpone their investment plans it not only affects demand today but also the future supply capacity of the economy. The growth rate of the capital stock is lower when investment spending falls, which is likely to restrict the amount companies can produce in the future. ...
2 - Nimantha Manamperi, PhD
... Are We There Yet? What the Long Run Really Means • Because the economy always tends to return to potential output in the long run, actual aggregate output fluctuates around potential output, rarely getting too far from it. • As a result, the economy’s rate of growth over long periods—say, decades—is ...
... Are We There Yet? What the Long Run Really Means • Because the economy always tends to return to potential output in the long run, actual aggregate output fluctuates around potential output, rarely getting too far from it. • As a result, the economy’s rate of growth over long periods—say, decades—is ...
University of Heidelberg Discussion Paper Series
... The sample covers the forecast periods from 1999q1 to 2014q2. Given the focus of this paper, I consider only such observations for which forecasts for all three variables are provided by a particular forecaster. The panel ist unbalanced because some forecasters left the survey at some point in time ...
... The sample covers the forecast periods from 1999q1 to 2014q2. Given the focus of this paper, I consider only such observations for which forecasts for all three variables are provided by a particular forecaster. The panel ist unbalanced because some forecasters left the survey at some point in time ...
Symposium Proceedings 2002 Federal Reserve Bank of Kansas City
... the World Bank. He is a research associate of the National Bureau of Economic Research, a member of the advisory board of Transnational Research Corporation, co-chairman of the Inter-American Seminar on Economics, and president of the Latin American and Caribbean Economic Association. He is Professo ...
... the World Bank. He is a research associate of the National Bureau of Economic Research, a member of the advisory board of Transnational Research Corporation, co-chairman of the Inter-American Seminar on Economics, and president of the Latin American and Caribbean Economic Association. He is Professo ...
Corruption and Government Roles: Causes, Economic Effects, and
... ultimate factor that drives corruption. More recently, researchers have begun to test some of these long-established theoretical hypotheses using new crosscountry data, typically, indices on the perceived corruption levels produced by private rating agencies.5) The common conclusion is that corrupti ...
... ultimate factor that drives corruption. More recently, researchers have begun to test some of these long-established theoretical hypotheses using new crosscountry data, typically, indices on the perceived corruption levels produced by private rating agencies.5) The common conclusion is that corrupti ...
