Deficits And Debt - CERGE-EI
... The cyclical deficit is that portion of the budget deficit attributable to unemployment or inflation. The cyclical deficit widens when GDP growth slows or inflation decreases. The cyclical deficit shrinks when GDP growth accelerates or inflation ...
... The cyclical deficit is that portion of the budget deficit attributable to unemployment or inflation. The cyclical deficit widens when GDP growth slows or inflation decreases. The cyclical deficit shrinks when GDP growth accelerates or inflation ...
Exchange-Rate-Stability-And-Export-Performance
... From a broader perspective, for exchange rate to be stable is to encourage international trade by making price of goods involved in trade more predictable and to promote economic integration. At the individual level, such decisions are usually taken in order to improve future consumption prospects, ...
... From a broader perspective, for exchange rate to be stable is to encourage international trade by making price of goods involved in trade more predictable and to promote economic integration. At the individual level, such decisions are usually taken in order to improve future consumption prospects, ...
M05_CurrentAccount - Duke University`s Fuqua School of
... • Interest rates on dollar denominated adjustable rate debt rose • Debt to exports and debt to GDP rose dramatically • In August 1982 Mexico declared a moratorium on interest payments. This led to the debt crises ...
... • Interest rates on dollar denominated adjustable rate debt rose • Debt to exports and debt to GDP rose dramatically • In August 1982 Mexico declared a moratorium on interest payments. This led to the debt crises ...
Demand-side and Supply
... • Government might want to cut spending, but many programs are protected by law, so this may not be easy to do either ...
... • Government might want to cut spending, but many programs are protected by law, so this may not be easy to do either ...
to the presentation slides.
... rarely use controlled experiments to test theories. We must use whatever facts are available and rely on statistical analysis to draw conclusions. ...
... rarely use controlled experiments to test theories. We must use whatever facts are available and rely on statistical analysis to draw conclusions. ...
Dynamics of Budget Deficit and Macroeconomic Fundamentals
... macroeconomic variables. They argue that budget deficits lead to higher interest rates, discourages the issue of private bonds, private investments, and private spending, increases inflation level, and cause a similar increase in the current account deficits and finally slows the growth of the econo ...
... macroeconomic variables. They argue that budget deficits lead to higher interest rates, discourages the issue of private bonds, private investments, and private spending, increases inflation level, and cause a similar increase in the current account deficits and finally slows the growth of the econo ...
Government Finances
... (iv) State and explain two economic disadvantages which may result from this increase in Ireland’s National Debt. (30 marks) (i) National Debt: the total amount / cumulative of government borrowing which is outstanding. ...
... (iv) State and explain two economic disadvantages which may result from this increase in Ireland’s National Debt. (30 marks) (i) National Debt: the total amount / cumulative of government borrowing which is outstanding. ...
Caribbean - Scotia Capital
... impulse to upgrade infrastructure, and low inflation. Looking ahead, the expected post-election fiscal adjustment combined with US monetary policy normalization will moderate the pace of economic activity towards the potential growth rate of 4.5-5.5% in 2016/17. The construction sector has been a so ...
... impulse to upgrade infrastructure, and low inflation. Looking ahead, the expected post-election fiscal adjustment combined with US monetary policy normalization will moderate the pace of economic activity towards the potential growth rate of 4.5-5.5% in 2016/17. The construction sector has been a so ...
95-98
... sector in general and specifically citrus and meat market. The results suggest that restrictive implement policies like increasing interest rate, and increase the value of the national currency reduces the strength and competitiveness in international markets. Therefore decrease the benefit of the m ...
... sector in general and specifically citrus and meat market. The results suggest that restrictive implement policies like increasing interest rate, and increase the value of the national currency reduces the strength and competitiveness in international markets. Therefore decrease the benefit of the m ...
File - MCNEIL ECONOMICS
... tools (techniques or instruments) to control the reserves of banks and the size of the money supply. a. The Federal Reserve can buy or sell government securities in the open market to change the lending ability of the banking system. (1) Buying securities in the open market from either banks or the ...
... tools (techniques or instruments) to control the reserves of banks and the size of the money supply. a. The Federal Reserve can buy or sell government securities in the open market to change the lending ability of the banking system. (1) Buying securities in the open market from either banks or the ...
Insert B, Ch 36
... who are in favor of active fiscal and monetary policies. Since labor unions may have contributed, supply-siders need not apply. During the Reagan administration (1981-1988) supply-side policies were implemented. One of the first actions taken was to fire striking air traffic controllers. Labor union ...
... who are in favor of active fiscal and monetary policies. Since labor unions may have contributed, supply-siders need not apply. During the Reagan administration (1981-1988) supply-side policies were implemented. One of the first actions taken was to fire striking air traffic controllers. Labor union ...
Fixed Exchange Rates and Currency Unions
... If monetary policy does not matter, smaller country may feel makes sense to forgo monetary policy in exchange for fixed exchange rates May require some intervention, but does not matter if sterilized or not Smaller country’s monetary and price level growth rate almost identical to larger country ...
... If monetary policy does not matter, smaller country may feel makes sense to forgo monetary policy in exchange for fixed exchange rates May require some intervention, but does not matter if sterilized or not Smaller country’s monetary and price level growth rate almost identical to larger country ...
financial institutions
... • Good balance sheet liquidity – wide deposit base and substantial holding of good quality liquid assets • Low exposure to market volatility and investment risk – strong risk management framework • Non-performing assets coverage ratio (adjusted for collateral) anchored over 100% ...
... • Good balance sheet liquidity – wide deposit base and substantial holding of good quality liquid assets • Low exposure to market volatility and investment risk – strong risk management framework • Non-performing assets coverage ratio (adjusted for collateral) anchored over 100% ...
Ghana - African Economic Outlook
... which grew by 225.4 % as compared with 7 % in 2010. The construction and electricity sub-sectors also recorded appreciable growth rates of 17 % and 13.7 %, respectively, exceeding estimated growth rates of 7.9 % and 13.3 % in 2010. The growth in the construction sub-sector was largely attributable t ...
... which grew by 225.4 % as compared with 7 % in 2010. The construction and electricity sub-sectors also recorded appreciable growth rates of 17 % and 13.7 %, respectively, exceeding estimated growth rates of 7.9 % and 13.3 % in 2010. The growth in the construction sub-sector was largely attributable t ...
Homework #4 - Answers The IS
... or both of these curves look different if the following unusual assumptions were made? Either describe or draw your answers, being sure in either case to make clear what you mean. a. Investment does not depend on the interest rate. r ...
... or both of these curves look different if the following unusual assumptions were made? Either describe or draw your answers, being sure in either case to make clear what you mean. a. Investment does not depend on the interest rate. r ...
The main players in budget execution - Allister Moon
... classification system, commitment control, inadequate information systems • High budget deviation, low credibility • Strong commitment to Treasury reform, little interest in broader budget management reform Problem : establishing an appropriate role for the Treasury through defining the interface wi ...
... classification system, commitment control, inadequate information systems • High budget deviation, low credibility • Strong commitment to Treasury reform, little interest in broader budget management reform Problem : establishing an appropriate role for the Treasury through defining the interface wi ...
(DOC, Unknown)
... In any economy, individuals have two ways to use income they can spend it or save it. Saving is the setting aside of income for future use and is undertaken by both individuals and institutions. If too much is spent and too little saved, the economy's capacity to produce will be diminished. If, on t ...
... In any economy, individuals have two ways to use income they can spend it or save it. Saving is the setting aside of income for future use and is undertaken by both individuals and institutions. If too much is spent and too little saved, the economy's capacity to produce will be diminished. If, on t ...
South Africa`s high unemployment rate is no accident
... Social grants tend to result in low self-esteem and a culture of entitlement. When employment levels in a community rise, and when workers are more prosperous than those who do not work, a work ethic is created. Overvalued exchange rates, according to Dani Rodrik (a highly regarded Harvard developme ...
... Social grants tend to result in low self-esteem and a culture of entitlement. When employment levels in a community rise, and when workers are more prosperous than those who do not work, a work ethic is created. Overvalued exchange rates, according to Dani Rodrik (a highly regarded Harvard developme ...
CHAPTER 13 Capital Mobility and the Exchange Rate in the IS
... c. The policy described in this problem is always a beggar-thy-neighbor policy. However, depending on their situations, other countries may not mind if they experience inflationary pressure. Application Questions: 1. An increase in government purchases (G) will increase the level of output (Y) and i ...
... c. The policy described in this problem is always a beggar-thy-neighbor policy. However, depending on their situations, other countries may not mind if they experience inflationary pressure. Application Questions: 1. An increase in government purchases (G) will increase the level of output (Y) and i ...
solution
... 13. Suppose output is initially at full employment. A permanent change in fiscal policy will cause both the AA and DD curves to shift such that there is no effect on output. Now consider the case where the economy is not initially at full employment. A permanent change in fiscal policy shifts the AA ...
... 13. Suppose output is initially at full employment. A permanent change in fiscal policy will cause both the AA and DD curves to shift such that there is no effect on output. Now consider the case where the economy is not initially at full employment. A permanent change in fiscal policy shifts the AA ...
Macro2 Exercise #2 Answers
... possible? People could be working a lot of overtime when in the long run they would not want to work overtime. Elderly people could be drawn into short term employment. Young people could take jobs although they will eventually go back to school. Click the “Back” button once. If this society was dis ...
... possible? People could be working a lot of overtime when in the long run they would not want to work overtime. Elderly people could be drawn into short term employment. Young people could take jobs although they will eventually go back to school. Click the “Back” button once. If this society was dis ...
EC 102
... Your boss gives you an increase in the number of dollars you earn per hour. This increase in pay makes a. your nominal wage increase. If your nominal wage rose by a greater percentage than the price level, then your real wage also increased. b. your nominal wage increase. If your nominal wage rose b ...
... Your boss gives you an increase in the number of dollars you earn per hour. This increase in pay makes a. your nominal wage increase. If your nominal wage rose by a greater percentage than the price level, then your real wage also increased. b. your nominal wage increase. If your nominal wage rose b ...