investment incentives
... Incentives are intended to influence investment decisions in a way that provides net benefits to the economy. To determine this it is necessary to analyse the nature of the problem the incentive is intended to tackle, the likely effects (including wider and long term impacts) of any incentive, and w ...
... Incentives are intended to influence investment decisions in a way that provides net benefits to the economy. To determine this it is necessary to analyse the nature of the problem the incentive is intended to tackle, the likely effects (including wider and long term impacts) of any incentive, and w ...
Secular Stagnation or Stagnation Policy? Steindl after Summers
... whole. Finally, global tendencies to shift accumulated savings to safe havens have further lowered the equilibrium real interest rate in countries like the US. This has been reinforced by tightened regulatory requirements for pension funds, banks, and insurance companies to increase their holdings o ...
... whole. Finally, global tendencies to shift accumulated savings to safe havens have further lowered the equilibrium real interest rate in countries like the US. This has been reinforced by tightened regulatory requirements for pension funds, banks, and insurance companies to increase their holdings o ...
Financial Markets
... contract, and if we know the current price of the bond, which we may be able to observe in the bond market, we can use the formula to determine the bond’s yield to maturity. ...
... contract, and if we know the current price of the bond, which we may be able to observe in the bond market, we can use the formula to determine the bond’s yield to maturity. ...
Inequality, Social Insurance, and Redistribution
... ingredients for an adequate understanding of the politics of welfare policy. Social insurance policies comprise a large part of the welfare budget. Even meanstested policies can be viewed as protection against the residual risk of income loss that social insurance policies do not cover. At the same ...
... ingredients for an adequate understanding of the politics of welfare policy. Social insurance policies comprise a large part of the welfare budget. Even meanstested policies can be viewed as protection against the residual risk of income loss that social insurance policies do not cover. At the same ...
Taylor Economics Chapter 33 Test Bank
... 1. When governments are borrowers in financial capital markets, which of the following is least likely to be a possible source of the funds from a macroeconomic point of view? A. central bank prints more money B. increase in household savings C. decrease in borrowing by private firms D. foreign fina ...
... 1. When governments are borrowers in financial capital markets, which of the following is least likely to be a possible source of the funds from a macroeconomic point of view? A. central bank prints more money B. increase in household savings C. decrease in borrowing by private firms D. foreign fina ...
Slides 1
... It is thus important to look at the distributional implications of fiscal consolidation measures and, hopefully, find Pareto-improving ones. It is also important to find measures that reduce debt but do not endanger a macro recovery, at least in the medium- and long-run. To study the above is ...
... It is thus important to look at the distributional implications of fiscal consolidation measures and, hopefully, find Pareto-improving ones. It is also important to find measures that reduce debt but do not endanger a macro recovery, at least in the medium- and long-run. To study the above is ...
will it take a crisis - The Pew Charitable Trusts
... Notwithstanding the overwhelming advantages of early action on fiscal challenges, the conventional view of many of our most sophisticated commentators is that it will take a crisis before we collectively come to grips with the hard choices that need to be made on the spending and tax sides of the bu ...
... Notwithstanding the overwhelming advantages of early action on fiscal challenges, the conventional view of many of our most sophisticated commentators is that it will take a crisis before we collectively come to grips with the hard choices that need to be made on the spending and tax sides of the bu ...
Taxation and the Taylor Principle
... the central bank’s inflation target. When depreciation allowances are incorporated into the model, the results are modified in an interesting way. The discounted present value of depreciation allowances enters the user cost of capital. However, because the tax system measures depreciation in histori ...
... the central bank’s inflation target. When depreciation allowances are incorporated into the model, the results are modified in an interesting way. The discounted present value of depreciation allowances enters the user cost of capital. However, because the tax system measures depreciation in histori ...
Sustainable Development Indicators for Malta 2010
... Energy intensity of the economy is the ratio of energy consumption to GDP in real terms. Its major use is to identify the association between economic growth and energy consumption. Malta’s energy needs are almost totally dependent on fossil fuels both for transportation and for electricity generati ...
... Energy intensity of the economy is the ratio of energy consumption to GDP in real terms. Its major use is to identify the association between economic growth and energy consumption. Malta’s energy needs are almost totally dependent on fossil fuels both for transportation and for electricity generati ...
london borough of camden 2014/15
... During 2014/15 we developed an outcomes-based budgeting approach and a 3 year medium-term financial strategy with an additional view on potential pressures in 2018 and beyond. The Financial Strategy has been shaped by the core objectives of the Camden Plan. This sets out our ambition to address a r ...
... During 2014/15 we developed an outcomes-based budgeting approach and a 3 year medium-term financial strategy with an additional view on potential pressures in 2018 and beyond. The Financial Strategy has been shaped by the core objectives of the Camden Plan. This sets out our ambition to address a r ...
National Tax Journal, September 2010,xx (x), xxx-xxx
... spending, as put forth by the Medicare Trustees (2012), and assuming that the automatic budget cuts specified in the Budget Control Act are not only enforced as legislated over the decade, but also persist for the indefinite future, we find that the long-term fiscal gap is about 3.0 percent of GDP u ...
... spending, as put forth by the Medicare Trustees (2012), and assuming that the automatic budget cuts specified in the Budget Control Act are not only enforced as legislated over the decade, but also persist for the indefinite future, we find that the long-term fiscal gap is about 3.0 percent of GDP u ...
Interest Rate and Business Cycles in a Credit Constrained Small Open Economy
... world by holding net foreign liabilities - a typical feature of SOE models. Second, the stock of net liabilities is endogenously governed and constrained by the accumulating capital stock. The latter works as collateral in the sense of Kiyotaki and Moore (1997). Third, the economy’s representative ...
... world by holding net foreign liabilities - a typical feature of SOE models. Second, the stock of net liabilities is endogenously governed and constrained by the accumulating capital stock. The latter works as collateral in the sense of Kiyotaki and Moore (1997). Third, the economy’s representative ...
Unemployment in the Great Recession: A Comparison of Germany
... unemployment rate, and the slow pace of its decline since 2009 are unprecedented in the postwar era. For instance, the unemployment rate increased by 3-4 and 2-3 percentage points in the 1981-82 and 1990-91 recessions, respectively, and recovered to its pre-recession level in a matter of a few years ...
... unemployment rate, and the slow pace of its decline since 2009 are unprecedented in the postwar era. For instance, the unemployment rate increased by 3-4 and 2-3 percentage points in the 1981-82 and 1990-91 recessions, respectively, and recovered to its pre-recession level in a matter of a few years ...
Name ______ Honors Brief Calc Period ____ 6.2 WS Compound
... 9. Find the principal needed now to get $80, that is, the present value, after 3.25 years at 2% compounded continuously. ...
... 9. Find the principal needed now to get $80, that is, the present value, after 3.25 years at 2% compounded continuously. ...
Growth Effects of 1992 - Graduate Institute of International and
... Cecchini Report states'the completion of the internal market will open up: opportunities for growth, for job creation, for economies of scale, of improved productivity ... in short a prospect of significant inflation-free growth and millions of new jobs.' This stress on growth is understandable. Sma ...
... Cecchini Report states'the completion of the internal market will open up: opportunities for growth, for job creation, for economies of scale, of improved productivity ... in short a prospect of significant inflation-free growth and millions of new jobs.' This stress on growth is understandable. Sma ...
No.299 / September 2009 Innovation and Financial Globalisation Philip R. Lane
... Wei 2009). However, there is a recent accumulation of evidence that, under certain conditions, international …nancial integration can help to deliver a higher level of productivity, which is the driving force for long-term living standards.1 Accordingly, our primary aim in this paper is to examine i ...
... Wei 2009). However, there is a recent accumulation of evidence that, under certain conditions, international …nancial integration can help to deliver a higher level of productivity, which is the driving force for long-term living standards.1 Accordingly, our primary aim in this paper is to examine i ...
Interest Rates and Real Business Cycles in Emerging Markets S. Tolga TİRYAKİ
... in developing country business cycles, we observe that real interest rates are also strongly countercyclical in developing countries compared to the weakly procyclical relationship in developed countries. Lastly, it is widely documented that developing countries are subject to sudden stops in capita ...
... in developing country business cycles, we observe that real interest rates are also strongly countercyclical in developing countries compared to the weakly procyclical relationship in developed countries. Lastly, it is widely documented that developing countries are subject to sudden stops in capita ...
I CHAPTER 2. SUBREGIONAL PERFORMANCE AND MEDIUM-TERM CHALLENGES Robust growth despite slowing exports
... various non-interest rate mechanisms such as reserve ratio increases for banks and reducing the spread between deposit and lending rates. Reserve ratios ...
... various non-interest rate mechanisms such as reserve ratio increases for banks and reducing the spread between deposit and lending rates. Reserve ratios ...
Britain`s Investment Gap
... It may be that faced with weak demand, firms choose not to expand their supply. Given large amounts of spare capacity at many firms this would appear to be a rational decision – although this argument will be harder to sustain as demand returns to the economy. Equally, weak investment may have refl ...
... It may be that faced with weak demand, firms choose not to expand their supply. Given large amounts of spare capacity at many firms this would appear to be a rational decision – although this argument will be harder to sustain as demand returns to the economy. Equally, weak investment may have refl ...
EUROPEAN COMMISSION Brussels, 26.2.2016 SWD(2016) 75 final
... the fiscal treatment of mini-jobs and their overall number remains large, though it has fallen slightly after the introduction of the minimum wage. Moreover, no steps were taken to remove the barriers to competition in railway transport. Regarding the progress in reaching the national targets under ...
... the fiscal treatment of mini-jobs and their overall number remains large, though it has fallen slightly after the introduction of the minimum wage. Moreover, no steps were taken to remove the barriers to competition in railway transport. Regarding the progress in reaching the national targets under ...
Financial Services Sector in Turkey
... • The Turkish banking sector has capital adequacy ratios (CAR) above the regulator limits of BRSA, which was 12%. Moreover, Turkey’s CAR exceeds that of Basel II, which was 8% and Basel III, which will gradually increase each year and will be set at a total capital ratio of 10.5% by January 2019. • ...
... • The Turkish banking sector has capital adequacy ratios (CAR) above the regulator limits of BRSA, which was 12%. Moreover, Turkey’s CAR exceeds that of Basel II, which was 8% and Basel III, which will gradually increase each year and will be set at a total capital ratio of 10.5% by January 2019. • ...
Macroeconomic policies for full and productive employment
... this contrast results from the difference in macroeconomic policies in the two countries. Once policymakers discard the ideology calling for continuously balanced budgets, focus can shift to identifying priorities for fiscal policies that facilitate stable growth. Stable growth would engender full a ...
... this contrast results from the difference in macroeconomic policies in the two countries. Once policymakers discard the ideology calling for continuously balanced budgets, focus can shift to identifying priorities for fiscal policies that facilitate stable growth. Stable growth would engender full a ...
The Structural Causes of Japan`s Lost Decades
... The lower part of Figure 2 shows how much of the private saving surplus was used for investment abroad (current account surplus) or for financing of the government (general government deficit). The figures shows that during most of the period the largest part of excess savings went to the government ...
... The lower part of Figure 2 shows how much of the private saving surplus was used for investment abroad (current account surplus) or for financing of the government (general government deficit). The figures shows that during most of the period the largest part of excess savings went to the government ...