Economic conditions in Germany - May 2016
... went up by 181,000, or 0.4%. This growth was sustained in turn by the positive development in employment subject to social security contributions. According to the initial figures of the Federal Employment Agency, the number of such employees in January and February was up by an estimated 0.5% (or 1 ...
... went up by 181,000, or 0.4%. This growth was sustained in turn by the positive development in employment subject to social security contributions. According to the initial figures of the Federal Employment Agency, the number of such employees in January and February was up by an estimated 0.5% (or 1 ...
Money Growth and Inflation
... •The income tax treats the nominal interest earned on savings as income, even though part of the nominal interest rate merely compensates for inflation. •The after-tax real interest rate falls, making saving less attractive. ...
... •The income tax treats the nominal interest earned on savings as income, even though part of the nominal interest rate merely compensates for inflation. •The after-tax real interest rate falls, making saving less attractive. ...
O`Sullivan, Sheffrin, Perez: Economics: Principles, Applications, and
... APPLYING THE CONCEPTS #4: Why did labor productivity in the United States fall sharply during the 1970s and 1980s? ...
... APPLYING THE CONCEPTS #4: Why did labor productivity in the United States fall sharply during the 1970s and 1980s? ...
Aggregate Demand and Aggregate Supply
... Nonprice Determinants: Changes in Aggregate Demand (1) ...
... Nonprice Determinants: Changes in Aggregate Demand (1) ...
Contents - Scuola Superiore Sant`Anna
... Money is neutral if after a monetary expansion (increase in the supply of money) the price level, nominal wages and the nominal interest rate will increase but all the real values (output produced, consumption, investment, etc.) remain the same. ...
... Money is neutral if after a monetary expansion (increase in the supply of money) the price level, nominal wages and the nominal interest rate will increase but all the real values (output produced, consumption, investment, etc.) remain the same. ...
AD and AS - uwcmaastricht-econ
... countries is rising they buy more of all goods including goods they buy from us, so our AD will ↑ and shift right. If GDP in foreign countries is falling they buy less of all goods including goods they buy from us, so our AD will ↓ and shift left. Changes in exchange rates. If the exchange rate (the ...
... countries is rising they buy more of all goods including goods they buy from us, so our AD will ↑ and shift right. If GDP in foreign countries is falling they buy less of all goods including goods they buy from us, so our AD will ↓ and shift left. Changes in exchange rates. If the exchange rate (the ...
Monetary Policy Fichier
... policy is understood as interventions at foreign exchange markets (for the purpose of foreign exchange rate changes). Monetary policy is a tool the central bank and its primary purpose is monitoring and active influence on the rate of inflation. In the Czech Republic the Czech National acts as the c ...
... policy is understood as interventions at foreign exchange markets (for the purpose of foreign exchange rate changes). Monetary policy is a tool the central bank and its primary purpose is monitoring and active influence on the rate of inflation. In the Czech Republic the Czech National acts as the c ...
Mankiw90
... to negotiate the hostages' release, a monetary authority with discretion is sorely tempted to inflate to reduce unemployment. And just as terrorists discount announced policies of never negotiating, private economic actors discount announced policies of low inflation. The surprising implication of t ...
... to negotiate the hostages' release, a monetary authority with discretion is sorely tempted to inflate to reduce unemployment. And just as terrorists discount announced policies of never negotiating, private economic actors discount announced policies of low inflation. The surprising implication of t ...
The Inflationary Process in Prerevolutionary Iran Looney, R.E.
... the general shortage of skilled workers and infrastructure capacity in certain key areas, the supply of domestically produced goods could not increase at the same rate as the demand. Therefore, inflationary pressures mounted, while at the same time the feedback of the oil price increases-an accelera ...
... the general shortage of skilled workers and infrastructure capacity in certain key areas, the supply of domestically produced goods could not increase at the same rate as the demand. Therefore, inflationary pressures mounted, while at the same time the feedback of the oil price increases-an accelera ...
AGGRETATE DEMAND AND AGGREGATE SUPPLY
... i) Shifts Arising from Consumption Any event that changes how much people want to consume at a given price level shifts the aggregate-demand curve. Example: Consumers expectations, the level of taxation. ii) Shifts Arising from Investment Any event that changes how much firms want to invest at a giv ...
... i) Shifts Arising from Consumption Any event that changes how much people want to consume at a given price level shifts the aggregate-demand curve. Example: Consumers expectations, the level of taxation. ii) Shifts Arising from Investment Any event that changes how much firms want to invest at a giv ...
Module 33
... • The classical model of the price level is much more likely to be a good approximation of reality for economies experiencing persistently high inflation ...
... • The classical model of the price level is much more likely to be a good approximation of reality for economies experiencing persistently high inflation ...
1994-10
... a computable general equilibrium (CGE) model of the 1930s Australia.3 The analysis also focuses on the impact of alternative policies which would have provided a different outcome that may have been crucial to the recovery. The paper is organised as follows. Section II provides an overview of the po ...
... a computable general equilibrium (CGE) model of the 1930s Australia.3 The analysis also focuses on the impact of alternative policies which would have provided a different outcome that may have been crucial to the recovery. The paper is organised as follows. Section II provides an overview of the po ...
Studying the Neutrality of Money: An Evidence of OPEC Member
... Cover (1992) evaluates the effects of monetary shocks on real economic variables in the United States of America. The results indicated that negative monetary shocks have significant effects on real output. However, positive monetary shocks have not any significant effects on real output and also ne ...
... Cover (1992) evaluates the effects of monetary shocks on real economic variables in the United States of America. The results indicated that negative monetary shocks have significant effects on real output. However, positive monetary shocks have not any significant effects on real output and also ne ...
Chapter 1 The Financial System – Money and Prices
... The Financial System – Money and Prices • The Keynesian View – Attempt to regulate aggregate output through changes in interest rates, since velocity is difficult to measure – Changes in interest rates are hoped to effect Consumption and Savings/Investment – Ultimately change in the money supply eff ...
... The Financial System – Money and Prices • The Keynesian View – Attempt to regulate aggregate output through changes in interest rates, since velocity is difficult to measure – Changes in interest rates are hoped to effect Consumption and Savings/Investment – Ultimately change in the money supply eff ...
This PDF is a selection from a published volume from... of Economic Research Volume Title: NBER Macroeconomics Annual 2012, Volume 27
... with the degree to which changes in broad price indices reflect variation in the size of the changes in individual prices that would in any event be reconsidered (the “intensive margin” of price adjustment), or variation in the number of prices that are reconsidered over a given period of time (the ...
... with the degree to which changes in broad price indices reflect variation in the size of the changes in individual prices that would in any event be reconsidered (the “intensive margin” of price adjustment), or variation in the number of prices that are reconsidered over a given period of time (the ...
CHAPTER 5 Small Business and the Entrepreneur
... Discount Rate • Discount Rate - Interest rate charged to banks that borrow emergency funds from the Federal Reserve Bank ...
... Discount Rate • Discount Rate - Interest rate charged to banks that borrow emergency funds from the Federal Reserve Bank ...
CONCEPTUALISATION OF ECONOMIC CRISIS IN DISCOURSE
... At the first stage of this research, we singled out semantic properties of the concept from all the meanings of its name provided in dictionary definitions. Then following Langacker (1987) who points out that “there should not be any difference in kind between conceptual structure and semantic struc ...
... At the first stage of this research, we singled out semantic properties of the concept from all the meanings of its name provided in dictionary definitions. Then following Langacker (1987) who points out that “there should not be any difference in kind between conceptual structure and semantic struc ...
Economic Outlook - Amazon Web Services
... Year-over-Year Percent Change: Sep @ -5.1% Household: Year/Year Percent Change: Sep @ -5.1% ...
... Year-over-Year Percent Change: Sep @ -5.1% Household: Year/Year Percent Change: Sep @ -5.1% ...
Question Sheet QandAs - University of Leicester
... When the Russian government defaulted on its debt, investors perceived a higher chance of default (than they had before) on similar bonds sold by other developing countries. Thus the supply of loanable funds shifted to the left, as shown in Figure 1. The result was an increase in the interest rate. ...
... When the Russian government defaulted on its debt, investors perceived a higher chance of default (than they had before) on similar bonds sold by other developing countries. Thus the supply of loanable funds shifted to the left, as shown in Figure 1. The result was an increase in the interest rate. ...
3 Macroeconomics LESSON 4 s ACTIVITY 24
... had a horizontal SRAS curve? A positively sloped SRAS curve? A vertical SRAS curve? With a horizontal SRAS curve, an increase in AD results in an increase in real GDP and no change in the price level. With a positively sloped SRAS curve, an increase in AD results in increases in real GDP and the pri ...
... had a horizontal SRAS curve? A positively sloped SRAS curve? A vertical SRAS curve? With a horizontal SRAS curve, an increase in AD results in an increase in real GDP and no change in the price level. With a positively sloped SRAS curve, an increase in AD results in increases in real GDP and the pri ...
Why Growth in Emerging Economies Is Likely to Fall
... have been unstoppable in the last long decade 2000–12.1 From 2000 to 2012, they grew on average 6.2 percent a year, while US growth was 1.9 percent a year on average2 (figure 1). An influential Goldman Sachs paper of 2003 predicted extraordinary BRIC growth until 2050 (Wilson and Purushothaman 2003) ...
... have been unstoppable in the last long decade 2000–12.1 From 2000 to 2012, they grew on average 6.2 percent a year, while US growth was 1.9 percent a year on average2 (figure 1). An influential Goldman Sachs paper of 2003 predicted extraordinary BRIC growth until 2050 (Wilson and Purushothaman 2003) ...
President’s Report Board Directors
... and the rollout of the fiscal stimulus rebate checks should spur growth over time. The increase in real GDP in the first quarter was due primarily to positive contributions from personal consumption expenditures for services, private inventory investment, exports of goods and services, and federal g ...
... and the rollout of the fiscal stimulus rebate checks should spur growth over time. The increase in real GDP in the first quarter was due primarily to positive contributions from personal consumption expenditures for services, private inventory investment, exports of goods and services, and federal g ...
MBA - ECONOMICS PAPER(1)
... unemployment rate peaked at 10.1 percent in October 2009, and remained at 9.6 percent or above during all of 2010. In January 2009, the Chair of the Council of Economic Advisers forecasted that the unemployment rate would not return to 5 percent until 2014! Employment only began to increase in Novem ...
... unemployment rate peaked at 10.1 percent in October 2009, and remained at 9.6 percent or above during all of 2010. In January 2009, the Chair of the Council of Economic Advisers forecasted that the unemployment rate would not return to 5 percent until 2014! Employment only began to increase in Novem ...
1997-41
... short to medium term, the key policy challenge is to promote country’s production capacity to meet the new world demand without adding to inflation. When excess demand pressures are present in the global economy during the expansion, highly open economies such as Singapore are likely to have a major ...
... short to medium term, the key policy challenge is to promote country’s production capacity to meet the new world demand without adding to inflation. When excess demand pressures are present in the global economy during the expansion, highly open economies such as Singapore are likely to have a major ...
Long Depression
The Long Depression was a worldwide price recession, beginning in 1873 and running through the spring of 1879. It was the most severe in Europe and the United States, which had been experiencing strong economic growth fueled by the Second Industrial Revolution in the decade following the American Civil War. The episode was labeled the ""Great Depression"" at the time, and it held that designation until the Great Depression of the 1930s. Though a period of general deflation and a general contraction, it did not have the severe economic retrogression of the Great Depression.It was most notable in Western Europe and North America, at least in part because reliable data from the period are most readily available in those parts of the world. The United Kingdom is often considered to have been the hardest hit; during this period it lost some of its large industrial lead over the economies of Continental Europe. While it was occurring, the view was prominent that the economy of the United Kingdom had been in continuous depression from 1873 to as late as 1896 and some texts refer to the period as the Great Depression of 1873–96.In the United States, economists typically refer to the Long Depression as the Depression of 1873–79, kicked off by the Panic of 1873, and followed by the Panic of 1893, book-ending the entire period of the wider Long Depression. The National Bureau of Economic Research dates the contraction following the panic as lasting from October 1873 to March 1879. At 65 months, it is the longest-lasting contraction identified by the NBER, eclipsing the Great Depression's 43 months of contraction.In the US, from 1873–1879, 18,000 businesses went bankrupt, including 89 railroads. Ten states and hundreds of banks went bankrupt. Unemployment peaked in 1878, long after the panic ended. Different sources peg the peak unemployment rate anywhere from 8.25% to 14%.