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... In general, interest rates moved in the same direction for the countries observed, hitting flex points around the same time. Qatar rate was fixed until 1991. Once it was allowed to fluctuate, it moved in a fashion similar to other GCC states. Kuwait moved with the other interest rates, except during ...
Macroeconomics - College of Business Administration @ Kuwait
Macroeconomics - College of Business Administration @ Kuwait

... either because of the direct harm it causes, or because of the indirect harm done by measures to stop it (e.g., higher interest rates). ...
Overview of the gross domestic product (GDP) revision principles
Overview of the gross domestic product (GDP) revision principles

... fixed and prices of the previous year are used instead. In order to compute the real growth of the GDP components calculated at previous year prices, the components must be chain-linked. The obligation to make national accounts calculations at previous year prices and apply the chain-linking method ...
Unit3.f2fslides.2013
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Lecture9 - UCSB Economics
Lecture9 - UCSB Economics

... 2. Opinions about the US economy have been quite changeable this Fall quarter. At the moment, the rate of growth of the economy is slowing, but growth is still positive. How would you satisfy yourself whether a recession might be coming or not? How would you assess whether the likelihood of a reces ...
unemployed
unemployed

... unemployment over the business cycle that increases during a recession and decreases during an expansion. For example, during the recession of 2008–2009, many workers were laid off as business activity declined. ...
Introduction to Business - Reading Community Schools
Introduction to Business - Reading Community Schools

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The Art and Science of Economics

... those purchased for additional processing and resale Excluded to avoid the problem of double counting which is counting an item’s value ...
Lecture 8
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PDF Version - Center for Freedom and Prosperity

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This PDF is a selection from a published volume from... Bureau of Economic Research

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... Consumer credit growth has been outpacing personal consumption expenditures (PCE) since the end of 2011, as has historically been the case in expansionary periods. The difference between the PCE growth rate and the consumer credit growth rate is significantly affected by lenders’ willingness to exte ...
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... In the last quarter of 2008 the economy experienced the steepest quarterly contraction in output since 1980. This is not the first time we have experienced recession; however, the globalised nature of business today combined with our recent reliance on the now fraught Financial Services sector as th ...
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This PDF is a selection from an out-of-print volume from... of Economic Research

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... consumption expenditures. So when looking at fiscal policy or deficit reduction plans, it is really not sufficient to look at aggregates. The “quality” of adjustment may be as important or even more important than its aggregate value when it comes to evaluating long-term sustainability. ...
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... of money which causes of money which causes a decrease in the value an increase in the value (inflation = expansion) (Deflation = contraction) Increase in the amount Decrease in the amount of Ford F-150s of tractors purchased by purchased this year farmers this year (GDP = expansion) (GDP = contract ...
EEB 1/00 - Debt - American Institute for Economic Research
EEB 1/00 - Debt - American Institute for Economic Research

... By the end of 1999, household debt was higher than ever in relation to the U.S. economy, equaling 68 cents per dollar of GDP. Most of the recent increase occurred in the past two years, and it is due mainly to a rise in mortgage loans, which account for nearly 80 percent of total household debt. Suc ...
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brazilian business cycles and growth from 1850 to 2000

... component of the per capita output became more persistent after 1945. We evaluate the volatility and persistence of the growth rates of per capita GDP. We show that volatility may be characterized by three phases. There is an initial low volatility period from 1850 to 1875. Then, an intermediate per ...
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11.2 Limitations of GDP Estimation

... GDP fails to capture changes in leisure time. GDP also often fails to reflect changes in the quality of existing products and the availability of new ones. These factors make GDP a less-reliable measure of an economy’s standard of living. CONTEMPORARY ECONOMICS ...
Endogenous Business Cycles and the Economic Response to
Endogenous Business Cycles and the Economic Response to

... shortcoming of the NEDyM model is due to the fact that market adjustments are entirely made through prices in the model, and we will show in a subsequent paper that this can be corrected by taking into account reasonable mechanisms in the behavioral equations, following Gali (1999). Most observed qu ...
國 立 高 雄 第 一 科 技 大 學 管 理 學 院 暨 財 金 學 院 1 0 4 學 年 度
國 立 高 雄 第 一 科 技 大 學 管 理 學 院 暨 財 金 學 院 1 0 4 學 年 度

... A. reduces search effort which raises unemployment. B. reduces search effort which lowers unemployment. C. increases search effort which raises unemployment. D. increases search effort which decreases unemployment. 44. Frictional unemployment is A. not inevitable; rather, it can be reduced to zero b ...
rebasing national accounts estimates
rebasing national accounts estimates

... The rebasing of national accounts provides a wide range of benefits and a few of are presented as follows. To adopt recommendations of SNA 2008 which has been jointly prepared by the United Nations, World Bank, International Monetary Fund, Organisation for Economic Cooperation and Development and th ...
the case for four percent inflation - Economics
the case for four percent inflation - Economics

... onomy has received sufficient stimulus. In I this situ uation, an economic slump and high unemploym ment can draag on indefin nitely, with the central bank unablee to end it through ffurther intereest-rate cuts. Keynes w warned of this t situation n, which hee called the “liquidity trrap,” in his Ge ...
National Bank of the Republic of Macedonia Working Paper
National Bank of the Republic of Macedonia Working Paper

... Dueker (2005) presented a new Qual VAR model by incorporating information from qualitative and/or discrete variables in vector autoregressions. With a Qual VAR, it is possible to create dynamic forecasts of the qualitative variable using standard VAR forecasts. Previous forecasting methods for quali ...
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Recession

In economics, a recession is a business cycle contraction. It is a general slowdown in economic activity. Macroeconomic indicators such as GDP (gross domestic product), investment spending, capacity utilization, household income, business profits, and inflation fall, while bankruptcies and the unemployment rate rise.Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock or the bursting of an economic bubble. Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.
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