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Author : Luis Serven
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 84 pages
Book Rating : 4./5 ( download)
Download or read book An Empirical Macroeconomic Model for Policy Design written by Luis Serven and published by World Bank Publications. This book was released on 1991 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mary Morgan
Publisher : Routledge
ISBN 13 : 1134573138
Total Pages : 337 pages
Book Rating : 4.1/5 (345 download)
Download or read book Empirical Models and Policy Making written by Mary Morgan and published by Routledge. This book was released on 2003-09-02 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection, written by highly-placed practitioners and academic economists, provides a picture of how economic modellers and policy makers interact. The book provides international case studies of particular interactions between models and policy making, and argues that the flow of information is two-way.
Author : Christian Henning
Publisher : Springer
ISBN 13 : 3319607146
Total Pages : 351 pages
Book Rating : 4.3/5 (196 download)
Download or read book Development Policies and Policy Processes in Africa written by Christian Henning and published by Springer. This book was released on 2017-10-05 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is open access under a CC BY 4.0 license. The book examines the methodological challenges in analyzing the effectiveness of development policies. It presents a selection of tools and methodologies that can help tackle the complexities of which policies work best and why, and how they can be implemented effectively given the political and economic framework conditions of a country. The contributions in this book offer a continuation of the ongoing evidence-based debate on the role of agriculture and participatory policy processes in reducing poverty. They develop and apply quantitative political economy approaches by integrating quantitative models of political decision-making into existing economic modeling tools, allowing a more comprehensive growth-poverty analysis. The book addresses not only scholars who use quantitative policy modeling and evaluation techniques in their empirical or theoretical research, but also technical experts, including policy makers and analysts from stakeholder organizations, involved in formulating and implementing policies to reduce poverty and to increase economic and social well-being in African countries.
Author : Kenneth S. Rogoff
Publisher : MIT Press
ISBN 13 : 0262072726
Total Pages : 479 pages
Book Rating : 4.2/5 (62 download)
Download or read book NBER Macroeconomics Annual 2005 written by Kenneth S. Rogoff and published by MIT Press. This book was released on 2006-04 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 20th NBER Macroeconomics Annual, covering questions at the cutting edge of macroeconomics that are central to current policy debates.
Author : Ufuk Akcigit
Publisher : Palgrave Macmillan
ISBN 13 : 9783030714567
Total Pages : 211 pages
Book Rating : 4.7/5 (145 download)
Download or read book Macroeconomic Modelling of R&D and Innovation Policies written by Ufuk Akcigit and published by Palgrave Macmillan. This book was released on 2021-12-03 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book encompasses a collection of in-depth analyses showcasing the challenges and ways forward for macroeconomic modelling of R&D and innovation policies. Based upon the proceedings of the EC-DG JRC-IEA workshop held in Brussels in 2017, it presents cutting-edge contributions from a number of leading economists in the field. It provides a comprehensive overview of the current academic and policy challenges surrounding R&D as well as of the state-of-the-art modelling techniques. The book brings to the forefront outstanding issues related to the assessment of the macroeconomic impact of R&D policies and its modelling. It speaks to the rising importance of R&D and innovation policy, and the proliferation of macroeconomic models featuring endogenous technological change. The contents of this book will be of interest to both academic and policy audiences working in the fields of R&D and innovation.
Author : Mary Morgan
Publisher : Routledge
ISBN 13 : 113457312X
Total Pages : 416 pages
Book Rating : 4.1/5 (345 download)
Download or read book Empirical Models and Policy Making written by Mary Morgan and published by Routledge. This book was released on 2003-09-02 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection, written by highly-placed practitioners and academic economists, provides a picture of how economic modellers and policy makers interact. The book provides international case studies of particular interactions between models and policy making, and argues that the flow of information is two-way.
Author : Mr.Abdul Abiad
Publisher : International Monetary Fund
ISBN 13 : 1484361555
Total Pages : 26 pages
Book Rating : 4.4/5 (843 download)
Download or read book The Macroeconomic Effects of Public Investment written by Mr.Abdul Abiad and published by International Monetary Fund. This book was released on 2015-05-04 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample of 17 OECD economies since 1985 and model simulations, the paper finds that increased public investment raises output, both in the short term and in the long term, crowds in private investment, and reduces unemployment. Several factors shape the macroeconomic effects of public investment. When there is economic slack and monetary accommodation, demand effects are stronger, and the public-debt-to-GDP ratio may actually decline. Public investment is also more effective in boosting output in countries with higher public investment efficiency and when it is financed by issuing debt.
Author : Martin Eichenbaum
Publisher : National Bureau of Economic Research Macroeconomics Annual
ISBN 13 : 9780226821719
Total Pages : 512 pages
Book Rating : 4.8/5 (217 download)
Download or read book NBER Macroeconomics Annual 2021 written by Martin Eichenbaum and published by National Bureau of Economic Research Macroeconomics Annual. This book was released on 2022-05-17 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: The NBER Macroeconomics Annual 2021 presents research-central issues in contemporary macroeconomics. Robert Hall and Marianna Kudlyak examine unemployment dynamics during economic recoveries. They present new empirical findings and explore models in which the labor market gradually draws down the stock of unemployed workers in the aftermath of a downturn. Titan Alon, Sena Coskun, Matthias Doepke, David Koll, and Michèle Tertilt analyze the relative decline in employment of women during the COVID-19 pandemic and the associated global recession. They show that increased childcare needs, which fell more heavily on women, and differences in occupations both contributed. In the case of the US, however, each of these factors account for less than 20% of the gender gap in hours worked during the pandemic. Richard Rogerson and Johanna Wallenius study the employment rates of older workers in OECD countries over the last forty years. An expansion of institutions incentivizing retirement, concurrent with negative aggregate shocks between 1970 and 1995, led to falling employment rates. This trend started to reverse in the mid-1990s when many of these institutions, such as public pension programs, were cut back. Michael Barnett, William Brock, and Lars Peter Hansen explore the consequences of risk, ambiguity, and model misspecification in climate policy design. They consider carbon emissions pricing and the effects of different sources of uncertainty--such as future information about environmental damage, uncertainties in carbon and temperature dynamics and damage functions, and the role of future green technologies--on policy design. Michael Kremer, Jack Willis, and Yang You present new evidence suggesting a steady trend toward income convergence across countries since the late 1980s. They find convergence in various determinants of economic growth across countries and a flattening of the relationship between growth and these determinants. The paper challenges theories of growth arising after earlier rejections of the neoclassical growth model.
Author : Mr.Paul R. Masson
Publisher : International Monetary Fund
ISBN 13 : 9781557751119
Total Pages : 438 pages
Book Rating : 4.7/5 (511 download)
Download or read book Macroeconomic Policies in an Interdependent World written by Mr.Paul R. Masson and published by International Monetary Fund. This book was released on 1989-06-15 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: Copublished with the Brookings Institution, Washington D.C. and the Centre for Economic Policy Research, London, and edited by Ralph Bryant, David Currie, Jacob A. Frenkel, Paul Masson, and Richard Portes, this volume considers economic interdependence among well developed countries as well as between them and the developing regions of the world.
Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1498344658
Total Pages : 257 pages
Book Rating : 4.4/5 (983 download)
Download or read book Fiscal Policy and Long-Term Growth written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-04-20 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.
Author : David Vines
Publisher : Cambridge University Press
ISBN 13 : 9780521462341
Total Pages : 436 pages
Book Rating : 4.4/5 (623 download)
Download or read book North-South Linkages and International Macroeconomic Policy written by David Vines and published by Cambridge University Press. This book was released on 1995-09-21 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: Researchers have begun to apply economic techniques initially developed to analyse the industrialised countries to analyse North-South interactions in the world economy. This volume, derived from a CEPR conference, brings together theoretical and empirical papers on fiscal, monetary and trade linkages between the North and South. The papers use the advances in the use of the major macroeconomic models to simulate global and inter-regional interactions, and to analyse the implications for the South of macroeconomic developments in the North. They also examine international policy questions in a genuinely global context, and consider the design of policy packages for the Third World (aid versus trade, growth-oriented adjustment) in an empirical context. This volume provides a useful overview of the flourishing research area relating to interactions between North and South, and highlights areas where future research is needed.
Author : H.M. Scobie
Publisher : Springer Science & Business Media
ISBN 13 : 9401113068
Total Pages : 334 pages
Book Rating : 4.4/5 (11 download)
Download or read book Economic Progress and Growth written by H.M. Scobie and published by Springer Science & Business Media. This book was released on 2013-03-07 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume puts forward a group of models applied to different economies, capturing the progress and growth of their economic systems. The models provide a quantified framework for the formulation of economic policy. They aid the introduction of targets and policy instruments taking account of constraints in the process of development. Also, an evaluation of external and internal shocks is taken using a comparative static type of analysis. The models take into account constraints which are in the nature of institutional as well as supply constraints. Problems of data exist in any quantitative analysis and account was taken of this factor in presenting the models and the results reached. Nonetheless, the models attempt to specify, estimate and simulate a given macroeconomic system. Models of this type are not freely available to the interested reader, but only in a fragmented way. This book puts the efforts of a group of economists worldwide under one cover. It is believed that the collection will be of interest both for courses in planning and for those adviSing these countries such as international organizations, research bodies, etc. Moreover, an overview of trade policy and income distributional factors is presented. It is hoped that this collection will prove interesting and useful to economists world wide.
Author : Ray C. FAIR
Publisher : Harvard University Press
ISBN 13 : 0674036638
Total Pages : 314 pages
Book Rating : 4.6/5 (74 download)
Download or read book Estimating How the Macroeconomy Works written by Ray C. FAIR and published by Harvard University Press. This book was released on 2009-06-30 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Macroeconomics tries to describe and explain the economywide movement of prices, output, and unemployment. The field has been sharply divided among various schools, including Keynesian, monetarist, new classical, and others. It has also been split between theorists and empiricists. Ray Fair is a resolute empiricist, developing and refining methods for testing theories and models. The field cannot advance without the discipline of testing how well the models approximate the data. Using a multicountry econometric model, he examines several important questions, including what causes inflation, how monetary authorities behave and what are their stabilization limits, how large is the wealth effect on aggregate consumption, whether European monetary policy has been too restrictive, and how large are the stabilization costs to Europe of adopting the euro. He finds, among other things, little evidence for the rational expectations hypothesis and for the so-called non-accelerating inflation rate of unemployment (NAIRU) hypothesis. He also shows that the U.S. economy in the last half of the 1990s was not a new age economy.
Author : John Williamson
Publisher : Peterson Institute
ISBN 13 : 9780881320763
Total Pages : 608 pages
Book Rating : 4.3/5 (27 download)
Download or read book Estimating Equilibrium Exchange Rates written by John Williamson and published by Peterson Institute. This book was released on 1994 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: The problems of exchange rate misalignments and the resulting payments imbalances have plagued the world economy for decades. At the Louvre Accord of 1987, the Group of Five industrial countries adopted a system of reference ranges for exchange rate management, influenced by proposals of C. Fred Bergstan and John Williamson for a target zone system. The reference range approach has, however, been operated only intermittently and half-heartedly, and questions continue to be raised in policy and scholarly circles about the design and operation of a full-fledged target zone regime. This volume, with chapters by leading international economists, explores one crucial issue in the design of a target zone system: the problem of calculating Williamson's concept of the fundamental equilibrium exchange rate (FEER). Williamson contributes an overview of the policy and analytic issues and a second chapter on his own calculations.
Author : Martin Weale
Publisher : Routledge
ISBN 13 : 1317379438
Total Pages : 403 pages
Book Rating : 4.3/5 (173 download)
Download or read book Macroeconomic Policy written by Martin Weale and published by Routledge. This book was released on 2015-10-05 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: This analysis of macroeconomic policy, originally published in 1989, argues that key government objectives, such as reduced inflation, decreased unemployment and an adequate level of national saving can be achieved only by employing both monetary and fiscal policies, in conjunction with supply-side policies expressly designed to improve the workings of the labour market. Part 1 is a comparative analysis showing the effects of monetary and fiscal policy on the economy. Real-wage rigidity in the labour market is shown to have important consequences for the working of both types of policy, because it conditions the economy’s response to tax changes. Part 2 presents an econometric model which combines consistent stock-flow accounts with a full range of expectational effects. Part 3 presents an innovative technique for solving rational expectations models with the need for arbitary terminal conditions.
Author : Klaus Schmidt-Hebbel
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4./5 ( download)
Download or read book External Shocks in Classical and Keynesian Economies written by Klaus Schmidt-Hebbel and published by World Bank Publications. This book was released on with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 45 pages
Book Rating : 4./5 ( download)
Download or read book Impact of Investment Policies on German Direct Investment on German Direct Investment in Developing Countries written by and published by World Bank Publications. This book was released on with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt:
