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Public_Policy Review
... – Unemployment rate: Measured by the BLS, the proportion of the labor force actively seeking work, but unable to find jobs. – Inflation: The rise in prices for consumer goods. – Consumer Price Index: The key measure of inflation that relates the rise in prices over time. ...
... – Unemployment rate: Measured by the BLS, the proportion of the labor force actively seeking work, but unable to find jobs. – Inflation: The rise in prices for consumer goods. – Consumer Price Index: The key measure of inflation that relates the rise in prices over time. ...
consolidated central government
... Helped maintain macroeconomic stabilization. Fiscal conservatism and resulting low public debt No excess supply of ...
... Helped maintain macroeconomic stabilization. Fiscal conservatism and resulting low public debt No excess supply of ...
EU Ambassadors Meeting “The Turkish Economic Outlook and Monetary Policy: Challenges
... especially geopolitical events in the region have adversely affected exports. However, the economic recovery in most EU member states enabled Turkey to largely compensate its loss in other exports markets as Turkey increased exports to the EU countries by more than 10 percent in euro terms in 2015. ...
... especially geopolitical events in the region have adversely affected exports. However, the economic recovery in most EU member states enabled Turkey to largely compensate its loss in other exports markets as Turkey increased exports to the EU countries by more than 10 percent in euro terms in 2015. ...
Lesson 4- Macroeconomics Macroeconomics—the study of Review
... Macroeconomics studies whole economies including ______________________, regional and global economics. Macroeconomics is also often referred to as the study of economies at the ______________________ level. Aggregate is the whole formed by combining several elements such as unemployment, national i ...
... Macroeconomics studies whole economies including ______________________, regional and global economics. Macroeconomics is also often referred to as the study of economies at the ______________________ level. Aggregate is the whole formed by combining several elements such as unemployment, national i ...
Economics Revision: Conflicts between Macro Objectives
... Here are some possible macro policy conflicts: 1. Inflation and unemployment: a. During a period of strong GDP growth, falling unemployment might create demand-‐ pull and cost-‐push inflation leading to a fal ...
... Here are some possible macro policy conflicts: 1. Inflation and unemployment: a. During a period of strong GDP growth, falling unemployment might create demand-‐ pull and cost-‐push inflation leading to a fal ...
Plurinational State of Bolivia Gross domestic product (GDP) in the
... Gross domestic product (GDP) in the Plurinational State of Bolivia expanded by 4.0% in 2016, one of the highest rates in the region. This was driven mainly by public investment and a countercyclical monetary policy that offset a weak external trade performance, caused mainly by a deterioration in th ...
... Gross domestic product (GDP) in the Plurinational State of Bolivia expanded by 4.0% in 2016, one of the highest rates in the region. This was driven mainly by public investment and a countercyclical monetary policy that offset a weak external trade performance, caused mainly by a deterioration in th ...
Образец № 1
... are already reporting a negative growth during the past quarter. The forecasts are for this process to continue in 2009. Against this background Bulgaria still maintains its high economic dynamics and financial stability. This does not mean, of course, that the country will not be affected by the gl ...
... are already reporting a negative growth during the past quarter. The forecasts are for this process to continue in 2009. Against this background Bulgaria still maintains its high economic dynamics and financial stability. This does not mean, of course, that the country will not be affected by the gl ...
Presentation to the San Francisco Society of Certified Financial Analysts
... A particularly hopeful sign is that inventories, which have been shrinking rapidly, now seem to be in better alignment with sales. That’s occurred because firms slashed production rapidly and dramatically in the face of slumping sales. Recent data suggest that this correction may be near an end and ...
... A particularly hopeful sign is that inventories, which have been shrinking rapidly, now seem to be in better alignment with sales. That’s occurred because firms slashed production rapidly and dramatically in the face of slumping sales. Recent data suggest that this correction may be near an end and ...
Goals of Economic Policy
... involves the government taking items of value, especially money, from some groups of people and then giving items of value, either in cash or services, to other groups of people. ...
... involves the government taking items of value, especially money, from some groups of people and then giving items of value, either in cash or services, to other groups of people. ...
Top margin 1
... within Member States, the sooner Europe will reap the benefits in terms of growth and jobs – just as it did after the liberalisation of previously regulated sectors such as aviation and telecoms. Economic agents and trade unions, like governments, also need to better grasp the implications of living ...
... within Member States, the sooner Europe will reap the benefits in terms of growth and jobs – just as it did after the liberalisation of previously regulated sectors such as aviation and telecoms. Economic agents and trade unions, like governments, also need to better grasp the implications of living ...
Predictability of inflation and economic growth rates under different
... bonds exhibit high risk-premia. In contrast, short-term interest rates show a procyclical behavior: they decline during recessions. This pattern is driven by central banks that lower short-term rates to stimulate economic growth. Thereby, recessions are characterized by a positive spread (difference ...
... bonds exhibit high risk-premia. In contrast, short-term interest rates show a procyclical behavior: they decline during recessions. This pattern is driven by central banks that lower short-term rates to stimulate economic growth. Thereby, recessions are characterized by a positive spread (difference ...
The systemic crisis of the euro-zone A result of internal
... • Export-led growth strategy by dominant countries : Germany & neighbors (Austria, Netherlands, Denmark) => high-saving rates, large trading surpluses, fiscal discipline => non cooperative tax & social policies based on competition ...
... • Export-led growth strategy by dominant countries : Germany & neighbors (Austria, Netherlands, Denmark) => high-saving rates, large trading surpluses, fiscal discipline => non cooperative tax & social policies based on competition ...
Dragan Miljkovic - LABOR MARKET IMPACTS OF U.S. TIGHT OIL
... proxy for technical change in oil and gas sector. All series were first tested for stationarity, and after the presence of unit roots was determined, Johansen cointegration tests were conducted, leading to three cointegrated vectors. A resulting Vector Error Correction Model (VEC) yielded very high ...
... proxy for technical change in oil and gas sector. All series were first tested for stationarity, and after the presence of unit roots was determined, Johansen cointegration tests were conducted, leading to three cointegrated vectors. A resulting Vector Error Correction Model (VEC) yielded very high ...
Highlights of Colombia Economic analysis 2011
... fiscal tensions did in the countries of the European periphery, since it seems the confidence of agents has taken a long time to become reestablished. Colombia is part of the group of emerging countries that have managed to resist global tensions. Despite the contraction of overseas demand from deve ...
... fiscal tensions did in the countries of the European periphery, since it seems the confidence of agents has taken a long time to become reestablished. Colombia is part of the group of emerging countries that have managed to resist global tensions. Despite the contraction of overseas demand from deve ...
Costa Rica_en.pdf
... this indicator came under upward pressure caused by a 10.2% increase in the nominal exchange rate during the first half of the year and a 16% rise in the prices of some regulated goods and services. Inflation expectations and exchange-rate movements during the first quarter twice led the board of di ...
... this indicator came under upward pressure caused by a 10.2% increase in the nominal exchange rate during the first half of the year and a 16% rise in the prices of some regulated goods and services. Inflation expectations and exchange-rate movements during the first quarter twice led the board of di ...
Jamaica_en.pdf
... Under the IMF standby agreement and together with the government’s Medium-Term SocioEconomic Policy Framework (MTF), a strategy of fiscal consolidation has been implemented. The outturn for fiscal year1 2010/2011 was a deficit of 6.1% of GDP, slightly below the MTF target of 6.5%, and significantly ...
... Under the IMF standby agreement and together with the government’s Medium-Term SocioEconomic Policy Framework (MTF), a strategy of fiscal consolidation has been implemented. The outturn for fiscal year1 2010/2011 was a deficit of 6.1% of GDP, slightly below the MTF target of 6.5%, and significantly ...
Book Review: The Economic System of China
... knows it is necessary to combat with pollution, it can simply send out the red tape to the xians and list environmental indicators as the evaluation of the officals’ performance. Those xian officals will rush to the frontline to combat with those polluters. But, redundant construction is hard to mea ...
... knows it is necessary to combat with pollution, it can simply send out the red tape to the xians and list environmental indicators as the evaluation of the officals’ performance. Those xian officals will rush to the frontline to combat with those polluters. But, redundant construction is hard to mea ...
New Deal - Share Dschola
... all around the world were hit hard, especially those dependent on heavy industry. Construction was virtually halted in many countries. Farming and rural areas suffered as crop prices fell by approximately 60 percent.[ Facing plummeting demand with few alternate sources of jobs, areas dependent on pr ...
... all around the world were hit hard, especially those dependent on heavy industry. Construction was virtually halted in many countries. Farming and rural areas suffered as crop prices fell by approximately 60 percent.[ Facing plummeting demand with few alternate sources of jobs, areas dependent on pr ...
Living Standards
... • Literacy rates are high in North America and Western Europe • Well over 90% of both men and women are literate • This is not true of other parts of the world – for example, in parts of Asia and Africa, only about 70% of men and 50% of women are literate ...
... • Literacy rates are high in North America and Western Europe • Well over 90% of both men and women are literate • This is not true of other parts of the world – for example, in parts of Asia and Africa, only about 70% of men and 50% of women are literate ...
Economics and Business Impact
... Fear of job loss and/or decrease in wages result in low consumer confidence Spend less money Impacts businesses who then have to reduce their operations due to low demand Opposite is true during periods of Prosperity ...
... Fear of job loss and/or decrease in wages result in low consumer confidence Spend less money Impacts businesses who then have to reduce their operations due to low demand Opposite is true during periods of Prosperity ...
A hypothesis is a testable statement with an independent variable
... an empirical test (i.e., one that involves data, i.e., a collection of observations, and analysis of the data) of your hypothesis. We operationalize concepts by identifying characteristics of them we would see in the real world so that we can apply them in our analysis of that world. For instance, t ...
... an empirical test (i.e., one that involves data, i.e., a collection of observations, and analysis of the data) of your hypothesis. We operationalize concepts by identifying characteristics of them we would see in the real world so that we can apply them in our analysis of that world. For instance, t ...
Post–World War II economic expansion
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""Golden Age of capitalism"" redirects here. Other periods this term may refer to are Gilded Age and Belle Époque.The post–World War II economic expansion, also known as the postwar economic boom, the long boom, and the Golden Age of Capitalism, was a period of economic prosperity in the mid-20th century which occurred, following the end of World War II in 1945, and lasted until the early 1970s. It ended with the collapse of the Bretton Woods system in 1971, the 1973 oil crisis, and the 1973–1974 stock market crash, which led to the 1970s recession. Narrowly defined, the period spanned from 1945 to 1952, with overall growth lasting well until 1971, though there are some debates on dating the period, and booms in individual countries differed, some starting as early as 1945, and overlapping the rise of the East Asian economies into the 1980s or 1990s.During this time there was high worldwide economic growth; Western European and East Asian countries in particular experienced unusually high and sustained growth, together with full employment. Contrary to early predictions, this high growth also included many countries that had been devastated by the war, such as Greece (Greek economic miracle), West Germany (Wirtschaftswunder), France (Trente Glorieuses), Japan (Japanese post-war economic miracle), and Italy (Italian economic miracle).