Monetary Policy
... In fact, the Fed does not directly control the federal funds rate, instead it targets the federal funds rate. This means that the Fed uses open market operations (buys or sells bonds) until the federal funds rate ends up where the Fed wants it to be. The newspapers usually get the rest correct, they ...
... In fact, the Fed does not directly control the federal funds rate, instead it targets the federal funds rate. This means that the Fed uses open market operations (buys or sells bonds) until the federal funds rate ends up where the Fed wants it to be. The newspapers usually get the rest correct, they ...
Honduras_en.pdf
... prices for food and petroleum. The year-on-year rate to December fell from 10.8% in 2008 to 3.5% in 2009. Urban unemployment rose from 4.1% in 2008 to 4.9% in May 2009. In January 2009 there was an increase (unprecedented in the country’s recent past) in the minimum wage —by as much as 96%, dependin ...
... prices for food and petroleum. The year-on-year rate to December fell from 10.8% in 2008 to 3.5% in 2009. Urban unemployment rose from 4.1% in 2008 to 4.9% in May 2009. In January 2009 there was an increase (unprecedented in the country’s recent past) in the minimum wage —by as much as 96%, dependin ...
Financial Sector Reform - The Swiss Global Economics
... Financial Sector Reform People’s Bank as a Central Bank 1994 division into a three tier banking system: commercial banks (four former State banks—Industrial and Commercial Bank, Bank of China, China Construction Bank, and Agricultural Bank of China), policy banks ...
... Financial Sector Reform People’s Bank as a Central Bank 1994 division into a three tier banking system: commercial banks (four former State banks—Industrial and Commercial Bank, Bank of China, China Construction Bank, and Agricultural Bank of China), policy banks ...
Introduction to Macroeconomics
... • Economic growth results from an increase in production from the economy over a particular period of time. • Thought questions: – How fast should the economy be growing each year? – Can the economy grow too fast? ...
... • Economic growth results from an increase in production from the economy over a particular period of time. • Thought questions: – How fast should the economy be growing each year? – Can the economy grow too fast? ...
Parallel Market Exchange Rate in Oil Exporting
... • Exporting Firms – The firms set how much of any export revenue to divert to the foreign exchange market by under-invoicing export sales ...
... • Exporting Firms – The firms set how much of any export revenue to divert to the foreign exchange market by under-invoicing export sales ...
Chapter 15 Monetary Policy
... (inflation), it’s the job of the Fed to take away the punch bowl.” ...
... (inflation), it’s the job of the Fed to take away the punch bowl.” ...
Question 2: IS-LM and the aggregate demand. Explain what are the
... two intersecting curves. The IS curve is a variation of the income-expenditure model incorporating market interest rates (demand), while the liquidity preference/money supply equilibrium (LM) curve represents the amount of money available for investing. The model explains the decisions made by inves ...
... two intersecting curves. The IS curve is a variation of the income-expenditure model incorporating market interest rates (demand), while the liquidity preference/money supply equilibrium (LM) curve represents the amount of money available for investing. The model explains the decisions made by inves ...
Bank Indonesia Eases - TD Securities Research
... Bank Indonesia elected to cut its interest rate corridor by 25bps via cuts to the deposit facility, lending facility, and reference rate to 5.00%, 7.50%, and 7.00% respectively. This was not a clear cut call and the market had a significant bias to expect a hold (as did we). Bank Indonesia also lowe ...
... Bank Indonesia elected to cut its interest rate corridor by 25bps via cuts to the deposit facility, lending facility, and reference rate to 5.00%, 7.50%, and 7.00% respectively. This was not a clear cut call and the market had a significant bias to expect a hold (as did we). Bank Indonesia also lowe ...
Understanding Modern Money - Levy Economics Institute of Bard
... exchange, increasing efficiency. The typical story—too well known to require much explication--begins with choice of one particular commodity to serve as a medium of exchange, and along these lines general equilibrium theory sometimes adopts one commodity as the numeraire. Of course, orthodoxy recog ...
... exchange, increasing efficiency. The typical story—too well known to require much explication--begins with choice of one particular commodity to serve as a medium of exchange, and along these lines general equilibrium theory sometimes adopts one commodity as the numeraire. Of course, orthodoxy recog ...
Type Programme Name or Title Here
... • Government has increased its presence – now government bonds are about 20% of total wealth plus it has a large role in the banking sector and in guarantees for corporate debt ...
... • Government has increased its presence – now government bonds are about 20% of total wealth plus it has a large role in the banking sector and in guarantees for corporate debt ...
file
... Investment expenditures made by firms on new capital goods including buildings, factories, and equipment. I (investment) also contains changes in inventories, as any goods produced but not sold during a period have to go into firms’ inventories and are counted as inventory investments. ...
... Investment expenditures made by firms on new capital goods including buildings, factories, and equipment. I (investment) also contains changes in inventories, as any goods produced but not sold during a period have to go into firms’ inventories and are counted as inventory investments. ...
Obj. 5 Vocabulary
... then invests that money in a diversified portfolio of investments 38. Portfolio diversification - Reduces risk by spreading money among a wide array of investments 39. Rate of return - The total return on an investment expressed as a percentage of the amount of money saved 40. Rent - A fee charged f ...
... then invests that money in a diversified portfolio of investments 38. Portfolio diversification - Reduces risk by spreading money among a wide array of investments 39. Rate of return - The total return on an investment expressed as a percentage of the amount of money saved 40. Rent - A fee charged f ...
EC 102 Fall 2007 – Homework #5
... h) Looking at your multiplier equation, what is the difference between the variables in the denominator of the multiplier and those which aren’t (the variables that the multiplier is multiplying)? Is there any intuition which may explain this? ...
... h) Looking at your multiplier equation, what is the difference between the variables in the denominator of the multiplier and those which aren’t (the variables that the multiplier is multiplying)? Is there any intuition which may explain this? ...
20MKC.Money.APE - supply-and
... All currency (coins, paper money) supplied by the government Bank reservations are not included Also include checkable deposits supplied by commercial banks and saving institutes includes items that are used as medium of exchange ex) ...
... All currency (coins, paper money) supplied by the government Bank reservations are not included Also include checkable deposits supplied by commercial banks and saving institutes includes items that are used as medium of exchange ex) ...
CLASSICAL THEORY OF EMPLOYMENT
... Money is only a medium of exchange. The quantity of money is given. There is a direct and proportional relation between money wage and real wage. Total output of the economy is divided between consumption and investment expenditure. Labour is homogeneous. Saving is equal to investment. Law of dimini ...
... Money is only a medium of exchange. The quantity of money is given. There is a direct and proportional relation between money wage and real wage. Total output of the economy is divided between consumption and investment expenditure. Labour is homogeneous. Saving is equal to investment. Law of dimini ...
Ch14-- Monetary Policy
... federal reserve banks. Holds reserves of banks in the district bank of each bank. • These are commercial bank deposits at the Fed Processes and routes checks to banks through its district banks and processing centers. Makes loans to banks—it is the “lender of last resort”, the “banker’s bank”. It su ...
... federal reserve banks. Holds reserves of banks in the district bank of each bank. • These are commercial bank deposits at the Fed Processes and routes checks to banks through its district banks and processing centers. Makes loans to banks—it is the “lender of last resort”, the “banker’s bank”. It su ...
Some pertinent questions!
... outstanding refinance at end June 2007 during FY08 without affecting the overall availability of credit to the exporters). Stepping forward towards a more market based credit allocation mechanism the age old credit planning exercise has been abandoned completely. ...
... outstanding refinance at end June 2007 during FY08 without affecting the overall availability of credit to the exporters). Stepping forward towards a more market based credit allocation mechanism the age old credit planning exercise has been abandoned completely. ...
Argentina
... $3.6 Billion Withdrawn 6% of Deposit Base Withdrawn in 2 Days Deposits fell from $85B to $15B by July 2002 ...
... $3.6 Billion Withdrawn 6% of Deposit Base Withdrawn in 2 Days Deposits fell from $85B to $15B by July 2002 ...
Federal Reserve - Plain Local Schools
... to the US Govt., to the public, to financial institutions, and to foreign official institutions, including playing a major role in operating the nation’s payment system ...
... to the US Govt., to the public, to financial institutions, and to foreign official institutions, including playing a major role in operating the nation’s payment system ...
November 22, 2010
... inability of households to support the nation’s factories and businesses. That, of course, discourages businesses from rehiring and banks from lending. And so we sit with the economy largely stalled. The economy is slowly expanding but not at a rate that is putting people back to work or, even, abso ...
... inability of households to support the nation’s factories and businesses. That, of course, discourages businesses from rehiring and banks from lending. And so we sit with the economy largely stalled. The economy is slowly expanding but not at a rate that is putting people back to work or, even, abso ...
Fiscal State of US
... • There are 2 surveys – Conference Board, Michigan • Conference Board number reaches an almost 3-year high of 65.6 in January after TV ratings service Nielsen takes over the survey. Nielsen seems to be producing much higher numbers. • Bloomberg reports confidence “Surges” based on Michigan survey ri ...
... • There are 2 surveys – Conference Board, Michigan • Conference Board number reaches an almost 3-year high of 65.6 in January after TV ratings service Nielsen takes over the survey. Nielsen seems to be producing much higher numbers. • Bloomberg reports confidence “Surges” based on Michigan survey ri ...
Sample quiz 7
... Fiscal policy has small inside lag Monetary policy has small inside lag Monetary policy has small outside lag Fiscal policy has zero inside lag ...
... Fiscal policy has small inside lag Monetary policy has small inside lag Monetary policy has small outside lag Fiscal policy has zero inside lag ...
Homework 2, Due in class Monday August 27 at 12:10 - uc
... where money demand is a function of expected future inflation, to offer an explanation for this stubborn inflation. (Hint: prior to 1996 the Spanish government had been relying to some degree on seigniorage, the inflation tax, to finance its budget, and it was not able to increase other taxes to rep ...
... where money demand is a function of expected future inflation, to offer an explanation for this stubborn inflation. (Hint: prior to 1996 the Spanish government had been relying to some degree on seigniorage, the inflation tax, to finance its budget, and it was not able to increase other taxes to rep ...
Unit 5 RP
... new T-account. c. Explain what effect BSB’s action will have on other banks. d. Why might it be difficult for BSB to take the action described in part (b)? Discuss another way for BSB to return to its original reserve ratio. 6. Assume that the reserve requirement is 20%. Also assume that banks do no ...
... new T-account. c. Explain what effect BSB’s action will have on other banks. d. Why might it be difficult for BSB to take the action described in part (b)? Discuss another way for BSB to return to its original reserve ratio. 6. Assume that the reserve requirement is 20%. Also assume that banks do no ...