Global growth has been underpinned by developments in EMEs
... Fixed Asset Investment: Purchase of Equipment (rhs) ...
... Fixed Asset Investment: Purchase of Equipment (rhs) ...
Slide 1
... Balance of payments accounting Helps us keep track of both changes in a country’s indebtedness to foreigners and the fortunes of its export- and import-competing industries ...
... Balance of payments accounting Helps us keep track of both changes in a country’s indebtedness to foreigners and the fortunes of its export- and import-competing industries ...
An Economic Perspective on the Natural Resource Curse and Its
... dominate should accommodate them by a floating exchange rate. ...
... dominate should accommodate them by a floating exchange rate. ...
Mr. Mayer
... ○ Increase incentive to work ○ Increase incentive to save and invest ○ Increase incentive to take business risk ...
... ○ Increase incentive to work ○ Increase incentive to save and invest ○ Increase incentive to take business risk ...
monetary policy
... Powerful Levers - How the Fed controls the nation's money supply. a. Reserve requirements b. Discount rates c. Open-market operations ...
... Powerful Levers - How the Fed controls the nation's money supply. a. Reserve requirements b. Discount rates c. Open-market operations ...
Working Paper
... powers as evidenced by the policy failures that led up to the crisis. Its powers are also too much in the service of financial market interests, in part to save the economy from their destructive speculative activities The clearest evidence of this is the new concern about the “too big to fail (TBTF ...
... powers as evidenced by the policy failures that led up to the crisis. Its powers are also too much in the service of financial market interests, in part to save the economy from their destructive speculative activities The clearest evidence of this is the new concern about the “too big to fail (TBTF ...
Optimal Currency Areas Costs and Benefits compared
... Relating benefits and costs to openness of a country Critical level of openness Shape and position of cost curve depend on view about effectiveness of national monetary policies in dealing with asymmetric shocks ...
... Relating benefits and costs to openness of a country Critical level of openness Shape and position of cost curve depend on view about effectiveness of national monetary policies in dealing with asymmetric shocks ...
MACROECONOMIC STUDY REVIEW SHEET Bond prices move in
... 69. Savings, Taxes and Imports are considered _____________ while Investments, Government Purchases, Transfer Payments and Exports are considered ______________. 70. ___________ ____________ are not included in GDP because they do not represent a 2-sided transaction (i.e. – there is not an exchange ...
... 69. Savings, Taxes and Imports are considered _____________ while Investments, Government Purchases, Transfer Payments and Exports are considered ______________. 70. ___________ ____________ are not included in GDP because they do not represent a 2-sided transaction (i.e. – there is not an exchange ...
Investment Outlook
... In economic terms, this past summer brought the prospect of some speed-up in growth, and it remains to be seen whether these hopes will finally be realised. The US economy is now showing clear signs of acceleration, while Chinese growth appears to be gliding into a calm slowdown, Europe continues to ...
... In economic terms, this past summer brought the prospect of some speed-up in growth, and it remains to be seen whether these hopes will finally be realised. The US economy is now showing clear signs of acceleration, while Chinese growth appears to be gliding into a calm slowdown, Europe continues to ...
Unit 3: Microeconomic Concepts
... less $ & increases FED funds rate Ex. If bank has $10,000 & a reserve requirement of 10% -- it can only lend out $9,000 ...
... less $ & increases FED funds rate Ex. If bank has $10,000 & a reserve requirement of 10% -- it can only lend out $9,000 ...
Fiat Value in the Theory of Value
... The size of the stock of money may seem large. The 1.5 times annual GNP stock is much larger than M2, which is about 0.6. As pointed out by Williamson [2012], two types of money are used for transaction purposes. Much of the liquid government debt is held as cash reserves, and in 2015 the nomin ...
... The size of the stock of money may seem large. The 1.5 times annual GNP stock is much larger than M2, which is about 0.6. As pointed out by Williamson [2012], two types of money are used for transaction purposes. Much of the liquid government debt is held as cash reserves, and in 2015 the nomin ...
November/December Issue
... achieve their goals of maximum employment, stable prices, and moderate long-term interest rates. First, since so many economic statistics are calculated after a significant time lag, the Fed often has to make key decisions with less than precise information. Second, the Fed does not know precisely h ...
... achieve their goals of maximum employment, stable prices, and moderate long-term interest rates. First, since so many economic statistics are calculated after a significant time lag, the Fed often has to make key decisions with less than precise information. Second, the Fed does not know precisely h ...
Globalisation and Inflation
... But this downward pressure on the wage of unskilled labour relative to that of skilled labour does not imply that unskilled labour in the industrialised economies is necessarily worse off. The resulting exploitation of the gains from trade means that the developed economies have access to some goods ...
... But this downward pressure on the wage of unskilled labour relative to that of skilled labour does not imply that unskilled labour in the industrialised economies is necessarily worse off. The resulting exploitation of the gains from trade means that the developed economies have access to some goods ...
Macro Glossary File
... microeconomics: - the study of the outcomes of decisions by people and firms; it focuses on the supply and demand of goods, the costs of production, and market structures. monetarism: - an economic school of thought that believes that cyclical fluctuations of GDP and inflation are usually caused by ...
... microeconomics: - the study of the outcomes of decisions by people and firms; it focuses on the supply and demand of goods, the costs of production, and market structures. monetarism: - an economic school of thought that believes that cyclical fluctuations of GDP and inflation are usually caused by ...
Slide 1
... • Aside from a possible fall in overnight rate, deficits w/o bond sales are NOT more inflationary; net saving desires determine if a deficit is inflationary. • Interest rates on sovereign government debt (unlike California!) are set exogenously, not by market forces Deficits do not put pressure on ...
... • Aside from a possible fall in overnight rate, deficits w/o bond sales are NOT more inflationary; net saving desires determine if a deficit is inflationary. • Interest rates on sovereign government debt (unlike California!) are set exogenously, not by market forces Deficits do not put pressure on ...
HE1002 –PRINCIPLES OF MACROECONOMICS Semester 1, 2014
... HE1002 –PRINCIPLES OF MACROECONOMICS Semester 1, 2014/2015 Course Description and Scope Macroeconomics is the study of issues that affect the economy as a whole. This course starts with the definition and measurement of three major concerns in macroeconomics: national output, unemployment and inflat ...
... HE1002 –PRINCIPLES OF MACROECONOMICS Semester 1, 2014/2015 Course Description and Scope Macroeconomics is the study of issues that affect the economy as a whole. This course starts with the definition and measurement of three major concerns in macroeconomics: national output, unemployment and inflat ...
Fiscal Policy—Review
... a. Expansionary discretionary fiscal policy. b. Automatic fiscal policy. c. Contractionary fiscal policy. d. Discretionary fiscal policy. e. B and D 11. Suppose that the income tax rate rises as taxable income rises. If taxable income rises in the economy, the “higher tax rate at a higher taxable in ...
... a. Expansionary discretionary fiscal policy. b. Automatic fiscal policy. c. Contractionary fiscal policy. d. Discretionary fiscal policy. e. B and D 11. Suppose that the income tax rate rises as taxable income rises. If taxable income rises in the economy, the “higher tax rate at a higher taxable in ...
Essentials of Economics, Krugman Wells Olney
... chapter The FOMC’s decision about interest rates is anxiously watched by traders like these, and by investors around the world. ...
... chapter The FOMC’s decision about interest rates is anxiously watched by traders like these, and by investors around the world. ...
del01-Gros 221119 en
... fall into a low credibility trap. This occurs when a government loses credibility in the eyes of the financial markets and is forced to pay a risk premium in the form of higher interest rates. The higher debt-service burden that results, if inflation is kept low, makes it even more likely that the a ...
... fall into a low credibility trap. This occurs when a government loses credibility in the eyes of the financial markets and is forced to pay a risk premium in the form of higher interest rates. The higher debt-service burden that results, if inflation is kept low, makes it even more likely that the a ...
Date - N. Meltem Daysal
... 11. The Keynesian-cross analysis assumes planned investment: A) is fixed and so does the IS analysis. B) depends on the interest rate and so does the IS analysis. C) is fixed, whereas the IS analysis assumes it depends on the interest rate. D) depends on the interest rate and so does the IS analysis ...
... 11. The Keynesian-cross analysis assumes planned investment: A) is fixed and so does the IS analysis. B) depends on the interest rate and so does the IS analysis. C) is fixed, whereas the IS analysis assumes it depends on the interest rate. D) depends on the interest rate and so does the IS analysis ...
Monetary policy
Monetary policy is the process by which the monetary authority of a country controls the supply of money, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.Further goals of a monetary policy are usually to contribute to economic growth and stability, to lower unemployment, and to maintain predictable exchange rates with other currencies.Monetary economics provides insight into how to craft optimal monetary policy.Monetary policy is referred to as either being expansionary or contractionary, where an expansionary policy increases the total supply of money in the economy more rapidly than usual, and contractionary policy expands the money supply more slowly than usual or even shrinks it. Expansionary policy is traditionally used to try to combat unemployment in a recession by lowering interest rates in the hope that easy credit will entice businesses into expanding. Contractionary policy is intended to slow inflation in order to avoid the resulting distortions and deterioration of asset values.Monetary policy differs from fiscal policy, which refers to taxation, government spending, and associated borrowing.