Brand Finance Nation
... a comprehensive report on the world’s leading nation brands and presents an analysis of the impact that a country’s reputation and image have on foreign consumers and investors. The report combines a wide range of economic, demographic, and political factors, and is based on in-depth research by Bra ...
... a comprehensive report on the world’s leading nation brands and presents an analysis of the impact that a country’s reputation and image have on foreign consumers and investors. The report combines a wide range of economic, demographic, and political factors, and is based on in-depth research by Bra ...
... situation. Part two is devoted to an analysis o f international trade, trade policies and development in the countries of the region. Economic growth in the developing economies o f Asia and the Pacific was generally less robust in 1985 than in 1984, though the region’s performance remained stronger ...
Time and Money: The macroeconomics of capital structure
... “different interpretation,” Meltzer had simply taken Keynes at his word where other interpreters had been dismissive of his excesses. The notions of socializing investment to avoid the risks unique to decentralized decision making and driving the interest rate to zero in order that capital be increa ...
... “different interpretation,” Meltzer had simply taken Keynes at his word where other interpreters had been dismissive of his excesses. The notions of socializing investment to avoid the risks unique to decentralized decision making and driving the interest rate to zero in order that capital be increa ...
6. Conclusions
... important. Traditionally, its level has influenced the opportunity cost of capital and the availability of credit in the economy. In the context of financial innovation and deregulation, one may argue whether this is the case today. There is a significant amount of literature that analyzes monetary ...
... important. Traditionally, its level has influenced the opportunity cost of capital and the availability of credit in the economy. In the context of financial innovation and deregulation, one may argue whether this is the case today. There is a significant amount of literature that analyzes monetary ...
Monetary Policy Signaling and Movements in the Swedish Term
... Riksbank Act became effective. Before 1999 monetary policy decisions were taken by the Governor, who set the repo rate in accordance with general guidelines provided by a Governing Board consisting of parliament members. However, the new Riksbank Act states that an Executive Board consisting of six ...
... Riksbank Act became effective. Before 1999 monetary policy decisions were taken by the Governor, who set the repo rate in accordance with general guidelines provided by a Governing Board consisting of parliament members. However, the new Riksbank Act states that an Executive Board consisting of six ...
David Hume: Monetarist theorist?
... motivation found in his ground breaking philosophical work ‘A Treatise of Human Nature’. Hume (1739, p. 125) claims that ‘reason alone can never be a motive to any action of the will; and… that it can never oppose passion in the direction of the will’. For Hume (1739, p.127), ‘reason is and ought on ...
... motivation found in his ground breaking philosophical work ‘A Treatise of Human Nature’. Hume (1739, p. 125) claims that ‘reason alone can never be a motive to any action of the will; and… that it can never oppose passion in the direction of the will’. For Hume (1739, p.127), ‘reason is and ought on ...
Chapter 3 A R :
... services, social services and economic services. The overall expenditure on social and economic services has increased at the long term rate of growth of 15.48 and 11.25 per cent respectively during 1987-2006. Expenditure on social and economic services was buoyant particularly during the X Plan (20 ...
... services, social services and economic services. The overall expenditure on social and economic services has increased at the long term rate of growth of 15.48 and 11.25 per cent respectively during 1987-2006. Expenditure on social and economic services was buoyant particularly during the X Plan (20 ...
VAT and Economic Efficiency - Tulane University
... and, importantly, they cannot account for the biases caused by unobserved confounders. When the biases by unobservables are of concern, difference-in-differences (DID) technique can be used. This approach allows us to control for both country and year fixed effects so that all time-invariant differe ...
... and, importantly, they cannot account for the biases caused by unobserved confounders. When the biases by unobservables are of concern, difference-in-differences (DID) technique can be used. This approach allows us to control for both country and year fixed effects so that all time-invariant differe ...
- FRASER (St.Louis Fed)
... who are considered the apostles of conservative economics have been careful to disassociate themselves from the label “conserva tive.” Friedrich Hayek, for example, wrote a famous essay enti tled “Why I Am Not a Conservative.”3 Henry Simons worried about what to call himself, rejected the term “co ...
... who are considered the apostles of conservative economics have been careful to disassociate themselves from the label “conserva tive.” Friedrich Hayek, for example, wrote a famous essay enti tled “Why I Am Not a Conservative.”3 Henry Simons worried about what to call himself, rejected the term “co ...
Fiscal and Financial Crises*
... have been linked together by fixed exchange rates, capital flows, and other sources of contagion. Debt crises—sovereign debt defaults--have also been around for centuries, associated with over-borrowing and have been triggered by international and domestic shocks. Today they occur primarily in emerg ...
... have been linked together by fixed exchange rates, capital flows, and other sources of contagion. Debt crises—sovereign debt defaults--have also been around for centuries, associated with over-borrowing and have been triggered by international and domestic shocks. Today they occur primarily in emerg ...
PDF
... investment behaviour has been incorporated into the GTAP model. In this dynamic version of GTAP, time is included as a variable. This allows investment undertaken during each time period to add to the level of capital stocks available in subsequent time periods; thus in the dynamic model capital acc ...
... investment behaviour has been incorporated into the GTAP model. In this dynamic version of GTAP, time is included as a variable. This allows investment undertaken during each time period to add to the level of capital stocks available in subsequent time periods; thus in the dynamic model capital acc ...
Searching for Non-Monotonic Effects of Fiscal Policy:New
... to identify unambiguously the channels through which non-Keynesian effects occur. The IMF has also looked at the effects of large fiscal consolidations—measured as a cumulative primary fiscal adjustment of more than 5 percent of GDP—and concluded that they appear to be associated quite frequently wi ...
... to identify unambiguously the channels through which non-Keynesian effects occur. The IMF has also looked at the effects of large fiscal consolidations—measured as a cumulative primary fiscal adjustment of more than 5 percent of GDP—and concluded that they appear to be associated quite frequently wi ...
1. Introduction - Aalborg Universitet
... heuristics to guide their way through complexity. Hall’s theory has a large stake in the ideational turn of the last fifteen years, and in this way the theory can rightfully claim to have brought important and fresh insights to the study of politics. But, so goes the argument of this thesis, the inf ...
... heuristics to guide their way through complexity. Hall’s theory has a large stake in the ideational turn of the last fifteen years, and in this way the theory can rightfully claim to have brought important and fresh insights to the study of politics. But, so goes the argument of this thesis, the inf ...
Anchoring fiscal expectations 1
... New Zealand led the way in reform of its monetary policy.10 Although at the time other central banks were operating with considerable autonomy – for example, the German Bundesbank, the Swiss National Bank, and the US Federal Reserve – the Reserve Bank Act established that the central bank’s primary ...
... New Zealand led the way in reform of its monetary policy.10 Although at the time other central banks were operating with considerable autonomy – for example, the German Bundesbank, the Swiss National Bank, and the US Federal Reserve – the Reserve Bank Act established that the central bank’s primary ...
Chapter 4 A R :
... Plan period to around 26 per cent on an average in the first three years of the XI Plan, primarily because of the growing share of debt repayments. In the first two years of the XI Plan, the year-on-year growth in actual expenditure was much higher than the annual average growth rate for the X Plan ...
... Plan period to around 26 per cent on an average in the first three years of the XI Plan, primarily because of the growing share of debt repayments. In the first two years of the XI Plan, the year-on-year growth in actual expenditure was much higher than the annual average growth rate for the X Plan ...
The Economic analysis of Transportation Projects in Egypt
... As described in Haddad et al. (2015), in integrating the network and ICGE models it is assumed that the locus of production and consumption in each governorate is its capital; moreover, for tractability it is assumed international trade transpires only through Alexandria. Thus, travel times associat ...
... As described in Haddad et al. (2015), in integrating the network and ICGE models it is assumed that the locus of production and consumption in each governorate is its capital; moreover, for tractability it is assumed international trade transpires only through Alexandria. Thus, travel times associat ...
This PDF is a selec on from a published volume... Bureau of Economic Research
... knowledge of the economy’s structure, and characterize high inflation as a conscious choice by policymakers—a choice following from their assumed preference for a positive output gap target. The as-if assumption is not appropriate for the study of policymakers’ choices, even though it is valuable fo ...
... knowledge of the economy’s structure, and characterize high inflation as a conscious choice by policymakers—a choice following from their assumed preference for a positive output gap target. The as-if assumption is not appropriate for the study of policymakers’ choices, even though it is valuable fo ...
Maldives: Overcoming the Challenges of a Small Island State
... new administration promises to usher in a prolonged period of peace, harmony, and stability, which will help the country achieve high and sustained inclusive economic growth. Among the administration’s key priorities in moving forward is to ensure a stable political environment to enable the creatio ...
... new administration promises to usher in a prolonged period of peace, harmony, and stability, which will help the country achieve high and sustained inclusive economic growth. Among the administration’s key priorities in moving forward is to ensure a stable political environment to enable the creatio ...
Post–World War II economic expansion
""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).