![World Economic Outlook, October 2000](http://s1.studyres.com/store/data/007630102_1-156b51f36574ee43db4670b75750823d-300x300.png)
World Economic Outlook, October 2000
... The outlook for the global economy has continued to strengthen, with GDP growth projected to increase in all major regions of the world. This improvement has been led by the continued strength of the U.S. economy, a robust expansion in Europe, and a nascent—albeit still fragile— recovery in Japan. I ...
... The outlook for the global economy has continued to strengthen, with GDP growth projected to increase in all major regions of the world. This improvement has been led by the continued strength of the U.S. economy, a robust expansion in Europe, and a nascent—albeit still fragile— recovery in Japan. I ...
Final Thoughts - The University of Chicago Booth School of Business
... and the dollar to depreciate. (The exact opposite happens if US GDP falls). An increase in the GDP of Japan, increases the supply of Yen. If the Japanese have a greater income, they would want to buy more U.S. goods. In order to buy more U.S. stuff, they need dollars. Their demand for dollars would ...
... and the dollar to depreciate. (The exact opposite happens if US GDP falls). An increase in the GDP of Japan, increases the supply of Yen. If the Japanese have a greater income, they would want to buy more U.S. goods. In order to buy more U.S. stuff, they need dollars. Their demand for dollars would ...
AND DYNAMIC ADJUSTMENT OF EXPORTS AND WAGES Working Paper No. 2078
... Our equation for output determination in the home good market is obtained by replacing (1)—(5) and (7) in (6). Using this, and after some computations, we can express (9) in terms of the underlying parameters of the model as ...
... Our equation for output determination in the home good market is obtained by replacing (1)—(5) and (7) in (6). Using this, and after some computations, we can express (9) in terms of the underlying parameters of the model as ...
KW2_Ch08_FINAL
... government policies designed to help laid-off workers result in a situation in which there is a surplus of labor at the market wage rate, creating structural unemployment. As a result, the natural rate of unemployment, the sum of frictional and structural employment, is well above zero, even when jo ...
... government policies designed to help laid-off workers result in a situation in which there is a surplus of labor at the market wage rate, creating structural unemployment. As a result, the natural rate of unemployment, the sum of frictional and structural employment, is well above zero, even when jo ...
Overview of the International Comparison
... 24. Exchange rates can be misleading. Since market exchange rates are based on shortterm factors and are subject to substantial distortions from speculative movements and government interventions, comparisons based on exchange rates, even when averaged over a period of time such as a year, yield and ...
... 24. Exchange rates can be misleading. Since market exchange rates are based on shortterm factors and are subject to substantial distortions from speculative movements and government interventions, comparisons based on exchange rates, even when averaged over a period of time such as a year, yield and ...
Click to edit Master title style
... Why is there low productivity? Is competitiveness the problem? ...
... Why is there low productivity? Is competitiveness the problem? ...
Estimating New Zealand’s neutral interest rate AN2015/05 September 2015
... These estimates suggest the nominal neutral 90-day interest rate sits between 3.8 and 4.9 percent currently. The mean of these indicators is 4.3 percent. The Bank currently judges that the nominal neutral 90-day interest rate sits at 4.5 percent - within the range of estimates and close to the mean ...
... These estimates suggest the nominal neutral 90-day interest rate sits between 3.8 and 4.9 percent currently. The mean of these indicators is 4.3 percent. The Bank currently judges that the nominal neutral 90-day interest rate sits at 4.5 percent - within the range of estimates and close to the mean ...
How to make debt safer
... issue new financial instruments or existing instruments with new contractual features if they fear that such innovations may be misperceived as signs of weakness or lack of commitment to good policies. ...
... issue new financial instruments or existing instruments with new contractual features if they fear that such innovations may be misperceived as signs of weakness or lack of commitment to good policies. ...
Legislating a Rule for Monetary Policy - SIEPR
... monetary policy.” Later the Fed announced that it would no longer even publish data on M3 because such publication “was judged to be no longer generating sufficient benefit in the analysis of the economy or of the financial sector to justify the costs of publication.” 8 Four things can be taken away ...
... monetary policy.” Later the Fed announced that it would no longer even publish data on M3 because such publication “was judged to be no longer generating sufficient benefit in the analysis of the economy or of the financial sector to justify the costs of publication.” 8 Four things can be taken away ...
A Macrodynamics of Debt Regimes, Financial Instability and
... taxonomy of financing regimes, while Section 5 relates the dynamic stability properties of the mcroeconomy to those regimes. The closing section summarizes the main conclusions derived along the way. 2. Structure of the model We model an economy that is closed and has no government fiscal activities ...
... taxonomy of financing regimes, while Section 5 relates the dynamic stability properties of the mcroeconomy to those regimes. The closing section summarizes the main conclusions derived along the way. 2. Structure of the model We model an economy that is closed and has no government fiscal activities ...
The AD-AS Model and Monetary Policy
... Some economists suggest that Canada may be experiencing a liquidity trap, where aggregate demand is relatively unresponsive to changes in interest rates. ...
... Some economists suggest that Canada may be experiencing a liquidity trap, where aggregate demand is relatively unresponsive to changes in interest rates. ...
0371 EN
... The purpose of Tables A1 and A2 is to show the outstanding amount and annual repayments of capital and interest in respect of borrowing and lending operations for which the risk is covered by the Budget. The figures show the maximum possible risk for the EU in respect of these operations and must no ...
... The purpose of Tables A1 and A2 is to show the outstanding amount and annual repayments of capital and interest in respect of borrowing and lending operations for which the risk is covered by the Budget. The figures show the maximum possible risk for the EU in respect of these operations and must no ...
How international investment income flows affect Australia`s balance
... Australians have increasingly invested overseas to seek higher returns and/or diversify their portfolios. The main destinations (and so the main sources of income) have been the United States, the United Kingdom and New Zealand. Changes in the income flows Australians receive on their overseas equit ...
... Australians have increasingly invested overseas to seek higher returns and/or diversify their portfolios. The main destinations (and so the main sources of income) have been the United States, the United Kingdom and New Zealand. Changes in the income flows Australians receive on their overseas equit ...
Corporate Insights The upside of negative rates: Opportunities for
... LQYHVWPHQWKXUGOHUDWHVZLWKFKHDSHUƟQDQFLQJFRPSDQLHVFDQ be expected to increase investment, which should stimulate economic growth while at the same time driving up asset prices. As Exhibit 1 shows, 10-year government bond yields in many developed markets around the world exhibit 40-year tren ...
... LQYHVWPHQWKXUGOHUDWHVZLWKFKHDSHUƟQDQFLQJFRPSDQLHVFDQ be expected to increase investment, which should stimulate economic growth while at the same time driving up asset prices. As Exhibit 1 shows, 10-year government bond yields in many developed markets around the world exhibit 40-year tren ...
Chapter 17 homework - Mr. Sadow`s History Class Website
... 5. What does AS stand for? 6. What two things increase real output? 7. Draw two graphs, one showing an increase in real output (real GDP) and one showing a decrease. 8. What is the formula for real GDP? Create an example comparing nominal and real GDP. 9. Review the chapter presentation for Chapter ...
... 5. What does AS stand for? 6. What two things increase real output? 7. Draw two graphs, one showing an increase in real output (real GDP) and one showing a decrease. 8. What is the formula for real GDP? Create an example comparing nominal and real GDP. 9. Review the chapter presentation for Chapter ...
Capital Mobility, Monetization, and Money Demand
... Empirical research regarding money demand relationships has been directed towards the identification of a few key economic variables that determine desired money balances.1 The typical money demand specification includes real income to represent the budget constraint. and the returns of one or more ...
... Empirical research regarding money demand relationships has been directed towards the identification of a few key economic variables that determine desired money balances.1 The typical money demand specification includes real income to represent the budget constraint. and the returns of one or more ...
intertemporal analysis of foreign borrowing An for developing economies* –
... when the initial per capita capital is large enough. However, the economy fails to reach this stationary state when the initial per capita capital is low, even if such a stationary state exists, and instead reaches another stationary state with zero consumption. The former stationary state is realiz ...
... when the initial per capita capital is large enough. However, the economy fails to reach this stationary state when the initial per capita capital is low, even if such a stationary state exists, and instead reaches another stationary state with zero consumption. The former stationary state is realiz ...
Box 1.2: Growth differences between the US and the euro area
... area. One is related to its structural problems, as gauged, in particular, by very slow growth of total factor productivity. The other is related to financial frictions, which seem to be abating much more slowly in the euro area than in the US. This provides more evidence for the view that cleaning ...
... area. One is related to its structural problems, as gauged, in particular, by very slow growth of total factor productivity. The other is related to financial frictions, which seem to be abating much more slowly in the euro area than in the US. This provides more evidence for the view that cleaning ...
Influences on the Australian Business Cycle
... shocks) in Australian GDP data similar to those found in the US and other industrial economies by Campbell and Mankiw. They conclude that this is evidence of that real business cycle factors play a role in the Australian cycle. Layton (1993), however, finds that the stochastic trend specification is ...
... shocks) in Australian GDP data similar to those found in the US and other industrial economies by Campbell and Mankiw. They conclude that this is evidence of that real business cycle factors play a role in the Australian cycle. Layton (1993), however, finds that the stochastic trend specification is ...
Philip R. Lane IIIS, Trinity College Dublin and CEPR
... flows create associated financial trades, such as in the provision of trade credits and also in relation to payments services. In the other direction, bilateral financial integration generates new opportunities for trade in goods and services. Most obviously, a key driver of cross-border trade is f ...
... flows create associated financial trades, such as in the provision of trade credits and also in relation to payments services. In the other direction, bilateral financial integration generates new opportunities for trade in goods and services. Most obviously, a key driver of cross-border trade is f ...
Treasury Bill Rates in the 1970s and 1980s
... capture a flight to safety, or quality, by portfolio investors when default risk increases. In the simple two-asset case in the model, that flight would be from bonds subject to default to money. However, once we move to real world data with different types and qualities of bonds, it must be recogni ...
... capture a flight to safety, or quality, by portfolio investors when default risk increases. In the simple two-asset case in the model, that flight would be from bonds subject to default to money. However, once we move to real world data with different types and qualities of bonds, it must be recogni ...
Revisiting the Case for a Tobin Tax Post Asian Crisis
... against future liquidity crises. Section 3 turns to the issue of the Tobin tax, reviewing available research on the tax and developing a simple model to provide insight into how the Tobin tax ought to be implemented, an issue that the literature has largely tended to ignore. To preview the main conc ...
... against future liquidity crises. Section 3 turns to the issue of the Tobin tax, reviewing available research on the tax and developing a simple model to provide insight into how the Tobin tax ought to be implemented, an issue that the literature has largely tended to ignore. To preview the main conc ...
The impact of the Real Effective Exchange Rate on South Africa`s
... Dornbusch and Fischer (2005) as the price of a representative basket of foreign currencies with each currency weighted by its importance to the country in terms of international trade. However, in order to know whether South African goods are becoming more expensive or cheaper, we have to take into ...
... Dornbusch and Fischer (2005) as the price of a representative basket of foreign currencies with each currency weighted by its importance to the country in terms of international trade. However, in order to know whether South African goods are becoming more expensive or cheaper, we have to take into ...
“Good Governance” in Monetary Policy and the Negative Real
... Hungary, Israel, Mexico, Peru, Philippines, Poland, South Africa, South Korea, and Thailand. The specific details and the circumstances that led to the adoption of the framework vary from country to country. In some cases, the inflation targeting regime was implemented gradually, with the sequentia ...
... Hungary, Israel, Mexico, Peru, Philippines, Poland, South Africa, South Korea, and Thailand. The specific details and the circumstances that led to the adoption of the framework vary from country to country. In some cases, the inflation targeting regime was implemented gradually, with the sequentia ...
Michael Bruno Working Paper 1050
... Israel's brand of stagflation. After a very rapid growth period between 1967—1973 Israel's subsequent share growth slowdown and ...
... Israel's brand of stagflation. After a very rapid growth period between 1967—1973 Israel's subsequent share growth slowdown and ...