NBER WORKING PAPER SERIES FIXED EXCHANGE RATES, INFLATION AND MACROECONOMIC DISCIPLINE Sebastian Edwards
... II. Fixed Excban2e Rates and PPP In Central America: A Long Run Empirical Perspective Even though Honduras had a fixed exchange rate from 1918 to 1990 and Guatemala between 1926 and 1986, we have only been able to find macroeconomic ...
... II. Fixed Excban2e Rates and PPP In Central America: A Long Run Empirical Perspective Even though Honduras had a fixed exchange rate from 1918 to 1990 and Guatemala between 1926 and 1986, we have only been able to find macroeconomic ...
Chapter 12 Government and Fiscal Policy
... of 2011 that almost resulted in a government shutdown, the Budget Control Act of 2011 resulted in a $1 trillion deficit reduction for the current fiscal year with additional reductions of $1.2-1.5 trillion scheduled to follow. The one thing that all politicians seem to agree on is that this measure ...
... of 2011 that almost resulted in a government shutdown, the Budget Control Act of 2011 resulted in a $1 trillion deficit reduction for the current fiscal year with additional reductions of $1.2-1.5 trillion scheduled to follow. The one thing that all politicians seem to agree on is that this measure ...
what stock market returns to expect for the future?
... growth with a constant savings rate will yield a lower marginal product of capital and, therefore, lower returns to stocks and bonds. However, the evidence suggests that savings rates will decline as growth slows, partially or fully offsetting the effect of slower growth on the marginal product of c ...
... growth with a constant savings rate will yield a lower marginal product of capital and, therefore, lower returns to stocks and bonds. However, the evidence suggests that savings rates will decline as growth slows, partially or fully offsetting the effect of slower growth on the marginal product of c ...
What Stock Market Returns to Expect for the Future
... growth with a constant savings rate will yield a lower marginal product of capital and, therefore, lower returns to stocks and bonds. However, the evidence suggests that savings rates will decline as growth slows, partially or fully offsetting the effect of slower growth on the marginal product of c ...
... growth with a constant savings rate will yield a lower marginal product of capital and, therefore, lower returns to stocks and bonds. However, the evidence suggests that savings rates will decline as growth slows, partially or fully offsetting the effect of slower growth on the marginal product of c ...
NOC-12.31.2016 - Earnings Release EX-99
... 2015. Fourth quarter 2016 net earnings increased 14 percent to $525 million, or $2.96 per diluted share, from $459 million, or $2.49 per diluted share, in the fourth quarter of 2015. Fourth quarter 2016 diluted earnings per share are based on 177.6 million weighted average diluted shares outstanding ...
... 2015. Fourth quarter 2016 net earnings increased 14 percent to $525 million, or $2.96 per diluted share, from $459 million, or $2.49 per diluted share, in the fourth quarter of 2015. Fourth quarter 2016 diluted earnings per share are based on 177.6 million weighted average diluted shares outstanding ...
Introduction to International Political Economy
... battle between winners and losers from global economic exchange” (p. 1) • Grieco & Ikenberry: “a field whose central concern involves the reciprocal relationships between state interests and power on the one hand, and world market structures and economic dynamics on the other” (p. 3) ...
... battle between winners and losers from global economic exchange” (p. 1) • Grieco & Ikenberry: “a field whose central concern involves the reciprocal relationships between state interests and power on the one hand, and world market structures and economic dynamics on the other” (p. 3) ...
Slovakia: A story of reforms
... restrictions were significantly strengthened as well. In the past, it very often came to uncontrolled indebtedness in some public institutions, mainly in health care, regional education, railroads, radio and television broadcasting 15. Significant improvement of macro economical analyses and prognos ...
... restrictions were significantly strengthened as well. In the past, it very often came to uncontrolled indebtedness in some public institutions, mainly in health care, regional education, railroads, radio and television broadcasting 15. Significant improvement of macro economical analyses and prognos ...
07 HF DSM LCG JULY 2011
... billions of dollars a quarter, and has a savings rate of over 50%. Presumably, there will be large losses on loans and real estate. But unlike Western nations, the Chinese central government has trillions of dollars in cash reserves to deal with such challenges when and if they arise. Back in the US ...
... billions of dollars a quarter, and has a savings rate of over 50%. Presumably, there will be large losses on loans and real estate. But unlike Western nations, the Chinese central government has trillions of dollars in cash reserves to deal with such challenges when and if they arise. Back in the US ...
ECON00 Chapter 3
... Natural rate of unemployment at full employment, where only healthy frictional, structural, seasonal unemployment. Relative to natural rate, unemployment rate is higher in recessionary gap and lower in inflationary gap. ...
... Natural rate of unemployment at full employment, where only healthy frictional, structural, seasonal unemployment. Relative to natural rate, unemployment rate is higher in recessionary gap and lower in inflationary gap. ...
Economics 285 Chris Georges Help With Practice Problems 3
... a better technology. I.e., the same number of workers and machines will be able to produce more output. For example, using Mankiw’s notation, if the production function for the economy is Y = F (K, E · L) where E indicates how “efficient” labor is, a country with a higher level of education has a hi ...
... a better technology. I.e., the same number of workers and machines will be able to produce more output. For example, using Mankiw’s notation, if the production function for the economy is Y = F (K, E · L) where E indicates how “efficient” labor is, a country with a higher level of education has a hi ...
Macro1 Manual
... Nature of the Problem In the real world, governments face more difficulties than are included in this module, but the module does allow you to experience important aspects of their problems. One is the difficulty in deciding which of the policy tools discussed under “Tools” below should be used. For ...
... Nature of the Problem In the real world, governments face more difficulties than are included in this module, but the module does allow you to experience important aspects of their problems. One is the difficulty in deciding which of the policy tools discussed under “Tools” below should be used. For ...
Empirical Analysis on the Validity of Chinese Monetary Policy under
... to appear, but had very little influence on China. In the second half of 2007, the financial storm of the developed economies group caused by the U.S. subprime mortgage crisis began to produce disadvantage effect on Chinese economy. The increase of inflation rate, the decrease of GDP increase rate, ...
... to appear, but had very little influence on China. In the second half of 2007, the financial storm of the developed economies group caused by the U.S. subprime mortgage crisis began to produce disadvantage effect on Chinese economy. The increase of inflation rate, the decrease of GDP increase rate, ...
Unit F582 - The national and international economy - June
... both objectives, or by considering how achieving one objective will impact upon the other. ...
... both objectives, or by considering how achieving one objective will impact upon the other. ...
Franklin Floating Rate Daily Access Fund Summary Prospectus
... floating interest rate corporate loans and corporate debt securities made to or issued by U.S. companies, non-U.S. entities and U.S. subsidiaries of non-U.S. entities. Floating interest rates vary with and are periodically adjusted to a generally recognized base interest rate such as the London Inte ...
... floating interest rate corporate loans and corporate debt securities made to or issued by U.S. companies, non-U.S. entities and U.S. subsidiaries of non-U.S. entities. Floating interest rates vary with and are periodically adjusted to a generally recognized base interest rate such as the London Inte ...
ch29
... evaluate how much of the budget deficit is due to the state of the economy and how much is due to the stance of fiscal policy ...
... evaluate how much of the budget deficit is due to the state of the economy and how much is due to the stance of fiscal policy ...
Fundamental Analysis for Investment Decisions on Five Major Banks
... sector in India so as to facilitate a buy or sell option through the intrinsic value of the shares and the prevalent market price using fundamental analysis. It is basically to know the investment opportunities for the investors in buying the shares of banking companies. This analysis utilizes vario ...
... sector in India so as to facilitate a buy or sell option through the intrinsic value of the shares and the prevalent market price using fundamental analysis. It is basically to know the investment opportunities for the investors in buying the shares of banking companies. This analysis utilizes vario ...
File
... more generous expensing provisions for small businesses in 2008 and let large businesses deduct 50% more of their assets if purchased and put into use this year. ...
... more generous expensing provisions for small businesses in 2008 and let large businesses deduct 50% more of their assets if purchased and put into use this year. ...
2. preliminary assessment of the programme negotiations 2014-20
... 2014-2020, it will be verified only in those where there are significant regional disparities and where a large proportion of the population live in less developed regions. This will reduce the number of countries concerned from 20 to 14.3 1.10. Increasing the role of financial instruments Financial ...
... 2014-2020, it will be verified only in those where there are significant regional disparities and where a large proportion of the population live in less developed regions. This will reduce the number of countries concerned from 20 to 14.3 1.10. Increasing the role of financial instruments Financial ...
Instability of capitalism inflation, unemployment, and business cycles*
... with huge amounts of products. Profitability will decline and many companies will encounter difficulties in paying their debts and interests. These payments create a disastrous liquidating condition for many firms, particularly when the real values of debts rise as a result of the decline in price l ...
... with huge amounts of products. Profitability will decline and many companies will encounter difficulties in paying their debts and interests. These payments create a disastrous liquidating condition for many firms, particularly when the real values of debts rise as a result of the decline in price l ...
Improving EWIs for banking crises - satisfying policy requirements Abstract:
... Good forecasts often require a clear definition of the objective, as models can have many different uses (Lawerence et al (2000)). For example, scholars may be interested in testing whether certain theories predict out of sample, financial traders may want to take positions based on crises probabili ...
... Good forecasts often require a clear definition of the objective, as models can have many different uses (Lawerence et al (2000)). For example, scholars may be interested in testing whether certain theories predict out of sample, financial traders may want to take positions based on crises probabili ...
Money Supply
... always in equilibrium, adjusting far more quickly than the markets for goods and services or the market for labor and other resources. [Warning: the demand for money is not a demand for income, economists generally assume people want unlimited incomes, but can’t get them. This is the demand for hold ...
... always in equilibrium, adjusting far more quickly than the markets for goods and services or the market for labor and other resources. [Warning: the demand for money is not a demand for income, economists generally assume people want unlimited incomes, but can’t get them. This is the demand for hold ...
pse14 Burda 19108222 en
... For at least two reasons, the average payroll tax rate - and thus the tax burden for the representative worker moving from unemployment into employment - is likely to be countercyclical. In recessions, budget shortfalls are difficult to close, especially when social expenditures involve entitlements ...
... For at least two reasons, the average payroll tax rate - and thus the tax burden for the representative worker moving from unemployment into employment - is likely to be countercyclical. In recessions, budget shortfalls are difficult to close, especially when social expenditures involve entitlements ...
2010 Business Management Intermediate 2 Finalised Marking
... • Use of technology can encourage home/teleworking and reduce the need for managers/supervisors. Product/service offered • If the organisation has a few customers but they are large firms then a flatter structure may be better. • Organisation can group its workers into teams so that they can look af ...
... • Use of technology can encourage home/teleworking and reduce the need for managers/supervisors. Product/service offered • If the organisation has a few customers but they are large firms then a flatter structure may be better. • Organisation can group its workers into teams so that they can look af ...
November 2005 Course FM/2 Examination 1. An insurance
... The certificates mature at the end of the term. The bank does NOT permit early withdrawals. During the next 6 years the bank will continue to offer certificates of deposit with the same terms and interest rates. An investor initially deposits 10,000 in the bank and withdraws both principal and inter ...
... The certificates mature at the end of the term. The bank does NOT permit early withdrawals. During the next 6 years the bank will continue to offer certificates of deposit with the same terms and interest rates. An investor initially deposits 10,000 in the bank and withdraws both principal and inter ...
Fiscal policy
... argue that such policies may destabilize the economy rather than help it: By the time the policies affect agg demand, the economy’s condition may have changed. These critics contend that policymakers should focus on long-run goals like economic growth and low inflation. ...
... argue that such policies may destabilize the economy rather than help it: By the time the policies affect agg demand, the economy’s condition may have changed. These critics contend that policymakers should focus on long-run goals like economic growth and low inflation. ...