Investment Trust Guide - Sompo Japan Nipponkoa DC Securities
... • They give investors access to diversified portfolios of equities, bonds and other securities with a small amount of capital. • Investment specialists select and manage the investments. • By having specialists pool funds and diversify them among various issues of stocks and bonds, fluctuation in pric ...
... • They give investors access to diversified portfolios of equities, bonds and other securities with a small amount of capital. • Investment specialists select and manage the investments. • By having specialists pool funds and diversify them among various issues of stocks and bonds, fluctuation in pric ...
A Role Model for the Conduct of Fiscal Policy?
... e¤ective real interest rate faced by households from minus 2 percent in 1988-1990 to almost 4 percent in 1991-1993.4 Households responded to the higher interest rates by raising savings. This resulted in lower demand which put further downward pressure on the economy. Fourth, public …nances rapidly ...
... e¤ective real interest rate faced by households from minus 2 percent in 1988-1990 to almost 4 percent in 1991-1993.4 Households responded to the higher interest rates by raising savings. This resulted in lower demand which put further downward pressure on the economy. Fourth, public …nances rapidly ...
Japan`s Fiscal Policy and Fiscal Reconstruction
... in Japan have larger privileges than in other countries, reflecting an influential role of their interest groups. In the 1990s, the government deficits in Japan increased rapidly because local interest groups living in the rural and agricultural area got a lot of transfers mainly in the form of publ ...
... in Japan have larger privileges than in other countries, reflecting an influential role of their interest groups. In the 1990s, the government deficits in Japan increased rapidly because local interest groups living in the rural and agricultural area got a lot of transfers mainly in the form of publ ...
CHAPTER 2 NATIONAL INCOME ACCOUNTING Chapter Outline
... measures price increases at an early stage of production from a market basket that includes raw materials and semi-finished goods. The CPI measures the average price increase of a market basket of goods and services that an average urban household might consume. The personal consumption expenditure ...
... measures price increases at an early stage of production from a market basket that includes raw materials and semi-finished goods. The CPI measures the average price increase of a market basket of goods and services that an average urban household might consume. The personal consumption expenditure ...
To Cut or Not to Cut? That is the (Central Bank`s)
... that estimate the NRIR for emerging economies, with studies for Latin America largely focusing on Chile, Colombia and Brazil.6 A number of different methods have been used for assessing the NRIR (see Giammarioli and Valla (2004) for further details). Some of them are static (defining the NRIR as a p ...
... that estimate the NRIR for emerging economies, with studies for Latin America largely focusing on Chile, Colombia and Brazil.6 A number of different methods have been used for assessing the NRIR (see Giammarioli and Valla (2004) for further details). Some of them are static (defining the NRIR as a p ...
The Stock Market and Macroeconomic Variables in New Zealand
... The recent global financial crisis had caused New Zealand to suffer a substantial decline in the value of financial assets including stocks. The NZX 50 index dropped 44.2% during October 2007 – March 2009, which was better than the 56.8% decline of S&P 500 during its recent worst -performing period. ...
... The recent global financial crisis had caused New Zealand to suffer a substantial decline in the value of financial assets including stocks. The NZX 50 index dropped 44.2% during October 2007 – March 2009, which was better than the 56.8% decline of S&P 500 during its recent worst -performing period. ...
Managing depleting gold revenues in Mali: An assessment of policy
... The issue of natural resources depletion management has much been debated since the early work of Hotelling (1931). Related to the issue of the optimal rate of extraction, another side of the literature has focused on how to manage the windfall gains in the so-called Dutch disease tradition (Corden ...
... The issue of natural resources depletion management has much been debated since the early work of Hotelling (1931). Related to the issue of the optimal rate of extraction, another side of the literature has focused on how to manage the windfall gains in the so-called Dutch disease tradition (Corden ...
Chapter 15: Monetary Policy - the School of Economics and Finance
... The Fed was forced to develop new policy tools during the recession of 2007 2009. ...
... The Fed was forced to develop new policy tools during the recession of 2007 2009. ...
Chapter 15: Monetary Policy - the School of Economics and Finance
... The Fed was forced to develop new policy tools during the recession of 2007 2009. ...
... The Fed was forced to develop new policy tools during the recession of 2007 2009. ...
U.S. federal budget deficits are back big time. What will be their long
... long run, the President’s proposal to eliminate the double taxation of corporate income would add about one-half of one percent to the level of GDP every year. While there are few critics of the President’s proposal on tax policy grounds, some economists and policymakers have argued that to the exte ...
... long run, the President’s proposal to eliminate the double taxation of corporate income would add about one-half of one percent to the level of GDP every year. While there are few critics of the President’s proposal on tax policy grounds, some economists and policymakers have argued that to the exte ...
Wider Working Paper 2015/154 - Ethiopia—an agrarian economy in
... these influences take place. The high rate of public investment in infrastructure has generated growth in construction and related industries and triggered growth in other sectors through linkage effects. There are three major channels through which the process is believed to have influenced income ...
... these influences take place. The high rate of public investment in infrastructure has generated growth in construction and related industries and triggered growth in other sectors through linkage effects. There are three major channels through which the process is believed to have influenced income ...
FRBSF E L CONOMIC ETTER
... the current account deficit was only about 1% of GDP. This Letter reviews the current facts about the current account deficit and its determinants, and describes the channels through which it is affected by an increase in trend labor productivity growth. Decomposing the U.S. current account There is ...
... the current account deficit was only about 1% of GDP. This Letter reviews the current facts about the current account deficit and its determinants, and describes the channels through which it is affected by an increase in trend labor productivity growth. Decomposing the U.S. current account There is ...
EUROPEAN COMMISSION Brussels, 18.3.2015 SWD(2015) 36 final
... by the end of 2016. The trend of employment gains is projected to continue to be led by the private sector. The government deficit is expected to remain broadly around 2.5% of GDP between 2014 and 2016, which may not be sufficient to achieve a robust debt reduction. This Country Report assesses Hung ...
... by the end of 2016. The trend of employment gains is projected to continue to be led by the private sector. The government deficit is expected to remain broadly around 2.5% of GDP between 2014 and 2016, which may not be sufficient to achieve a robust debt reduction. This Country Report assesses Hung ...
DC2010-0015 September 30, 2010 HOW RESILIENT HAVE
... fiscal positions increased their primary deficits by substantially more than countries with weaker fiscal positions. In terms of the longer-run impact, the most adverse effect is expected in Europe and Central Asia, where projected real GDP levels in 2010 and 2011 respectively are 15 percent and 17 ...
... fiscal positions increased their primary deficits by substantially more than countries with weaker fiscal positions. In terms of the longer-run impact, the most adverse effect is expected in Europe and Central Asia, where projected real GDP levels in 2010 and 2011 respectively are 15 percent and 17 ...
The Case of Greece (1960-1989), by E. Ioakimoglou and
... accumulation. Without such an approximation to the development of the (Greek) capitalist economy, any general statement about "structural problems of capitalism" becomes meaningless. We believe that the Marxian concept of over-accumulation of capital, developed mainly in Volume 3 of Capital, enlight ...
... accumulation. Without such an approximation to the development of the (Greek) capitalist economy, any general statement about "structural problems of capitalism" becomes meaningless. We believe that the Marxian concept of over-accumulation of capital, developed mainly in Volume 3 of Capital, enlight ...
Econ202 Sp14 answers 1 2 3 4 5 6 to final exam group C
... (a) (7 points) Suppose that we graph the LM* curve for given values of PD and PF (instead of the usual P). Is this LM* curve still vertical? Explain. (b) Suppose that the government increases its purchases of goods and services. What is the effect of this on the IS* and LM* curves, and on the equili ...
... (a) (7 points) Suppose that we graph the LM* curve for given values of PD and PF (instead of the usual P). Is this LM* curve still vertical? Explain. (b) Suppose that the government increases its purchases of goods and services. What is the effect of this on the IS* and LM* curves, and on the equili ...
Document
... 2. Commercial Banks – These institutions are financial intermediaries – they take in our deposits and pay a certain interest rate and then invest the money at higher interest rates. They can loan money to the US government when they buy Treasuries (US bonds) and they can lend to businesses and house ...
... 2. Commercial Banks – These institutions are financial intermediaries – they take in our deposits and pay a certain interest rate and then invest the money at higher interest rates. They can loan money to the US government when they buy Treasuries (US bonds) and they can lend to businesses and house ...
Fiscal Policy
... What is the size of the shift in the AE line? Draw the AE – 45 degree diagram to show the original and the new equilibrium values of income. What is the size of the shift in the AD line? Draw the AD line to show the change in AD. 5. Suppose that output is NOT the equilibrium value but Y = 30,000. Ca ...
... What is the size of the shift in the AE line? Draw the AE – 45 degree diagram to show the original and the new equilibrium values of income. What is the size of the shift in the AD line? Draw the AD line to show the change in AD. 5. Suppose that output is NOT the equilibrium value but Y = 30,000. Ca ...
Krugman`s Chapter 32 PPT
... The reason boils down to political instability, which in turn had its roots in Zimbabwe’s history. Robert Mugabe, Zimbabwe’s president, tried to solidify his position by seizing farms and turning them over to his political supporters. But because this seizure disrupted production, the result was to ...
... The reason boils down to political instability, which in turn had its roots in Zimbabwe’s history. Robert Mugabe, Zimbabwe’s president, tried to solidify his position by seizing farms and turning them over to his political supporters. But because this seizure disrupted production, the result was to ...
Impact of Remittances on Growth
... Labor Market, Data limitations (53 obs. only), From an average 30% growth trend to 30% ...
... Labor Market, Data limitations (53 obs. only), From an average 30% growth trend to 30% ...
Interest Rates and Monetary Policy in the Short Run and the Long Run
... rate, the implications for monetary policy, and the short-run and long-run effects of monetary policy on real output and the price level. You need to understand the relationship between real and nominal interest rates because the real interest rate determines the level of investment, whereas the nom ...
... rate, the implications for monetary policy, and the short-run and long-run effects of monetary policy on real output and the price level. You need to understand the relationship between real and nominal interest rates because the real interest rate determines the level of investment, whereas the nom ...
Key Investor Information
... change over time. A fund in the lowest category does not mean a risk-free investment. The fund is in this category because it can take higher risks in search of higher rewards and its price may rise and fall accordingly. Risk factors The following risks may affect fund performance. Capital risk / di ...
... change over time. A fund in the lowest category does not mean a risk-free investment. The fund is in this category because it can take higher risks in search of higher rewards and its price may rise and fall accordingly. Risk factors The following risks may affect fund performance. Capital risk / di ...
Presentation - Institute for Fiscal Studies
... (Alistair Darling, 17 March 2005) © Institute for Fiscal Studies, 2007 ...
... (Alistair Darling, 17 March 2005) © Institute for Fiscal Studies, 2007 ...
The US Fiscal Crisis: The Debt Sustainability Delusion and the
... average debt ratios corresponding to very different patterns of future primary balances, which reflect structural changes in fiscal reaction functions, are equally sustainable. Moreover, this delusion also extends to the heated debate over fiscal stimulus v. fiscal austerity. The delusion here is in ...
... average debt ratios corresponding to very different patterns of future primary balances, which reflect structural changes in fiscal reaction functions, are equally sustainable. Moreover, this delusion also extends to the heated debate over fiscal stimulus v. fiscal austerity. The delusion here is in ...
Mankiw 6e PowerPoints
... 1. Not working 2. Searched for a job at some point in the last 12 months 3. Currently want a job 4. State that the only reason they are not currently searching for work is their belief that no job is available for them ...
... 1. Not working 2. Searched for a job at some point in the last 12 months 3. Currently want a job 4. State that the only reason they are not currently searching for work is their belief that no job is available for them ...