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Expenditure Confidence And Uncertainty
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Book Synopsis Expenditure, Confidence, and Uncertainty by : Marta Lachowska
Download or read book Expenditure, Confidence, and Uncertainty written by Marta Lachowska and published by . This book was released on 2013 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: The importance of consumer confidence in stimulating economic activity is a disputed issue in macroeconomics. Do changes in confidence represent autonomous fluctuations in optimism, independent of information on economic fundamentals, or are they a reflection of economic news? I study this question by using high-frequency microdata on spending and consumer confidence, and I find that consumer confidence contains information relevant to predicting spending, independent from other indicators. The exogenous movements in consumer confidence lead to very short fluctuations in consumer spending, consistent with the hypothesis that more consumer confidence reflects less uncertainty about the future.
Book Synopsis Science and Judgment in Risk Assessment by : National Research Council
Download or read book Science and Judgment in Risk Assessment written by National Research Council and published by National Academies Press. This book was released on 1994-01-01 with total page 668 pages. Available in PDF, EPUB and Kindle. Book excerpt: The public depends on competent risk assessment from the federal government and the scientific community to grapple with the threat of pollution. When risk reports turn out to be overblownâ€"or when risks are overlookedâ€"public skepticism abounds. This comprehensive and readable book explores how the U.S. Environmental Protection Agency (EPA) can improve its risk assessment practices, with a focus on implementation of the 1990 Clean Air Act Amendments. With a wealth of detailed information, pertinent examples, and revealing analysis, the volume explores the "default option" and other basic concepts. It offers two views of EPA operations: The first examines how EPA currently assesses exposure to hazardous air pollutants, evaluates the toxicity of a substance, and characterizes the risk to the public. The second, more holistic, view explores how EPA can improve in several critical areas of risk assessment by focusing on cross-cutting themes and incorporating more scientific judgment. This comprehensive volume will be important to the EPA and other agencies, risk managers, environmental advocates, scientists, faculty, students, and concerned individuals.
Book Synopsis OECD Economic Outlook, Volume 2011 Issue 2 by : OECD
Download or read book OECD Economic Outlook, Volume 2011 Issue 2 written by OECD and published by OECD Publishing. This book was released on 2011-11-28 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Economic Outlook is the OECD’s twice-yearly analysis of the major economic trends and prospects for the next two years.
Book Synopsis Safe Debt and Uncertainty in Emerging Markets by : Mr.Magnus Saxegaard
Download or read book Safe Debt and Uncertainty in Emerging Markets written by Mr.Magnus Saxegaard and published by International Monetary Fund. This book was released on 2014-12-19 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a methodology for estimating a safe public debt level that would allow countries to remain below a maximum sustainable debt limit, taking into account the impact of uncertainty. Our analysis implies that fiscal policy should target a debt level well below the debt ceiling to allow space to absorb shocks that are likely to hit the economy. To illustrate our findings we apply the methodology to estimate a safe debt level for South Africa. Our results suggest that South Africa’s debt ceiling is around 60 percent of GDP, although uncertainty is high. Simulations suggest targeting a debt-to-GDP ratio of 40 percent of GDP would allow South Africa to remain below this debt ceiling over the medium-term with a high degree of confidence.
Book Synopsis Risk, Uncertainty and Profit by : Frank H. Knight
Download or read book Risk, Uncertainty and Profit written by Frank H. Knight and published by Cosimo, Inc.. This book was released on 2006-11-01 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.
Book Synopsis Policy Uncertainty in Japan by : Ms.Elif C Arbatli
Download or read book Policy Uncertainty in Japan written by Ms.Elif C Arbatli and published by International Monetary Fund. This book was released on 2017-05-30 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: We develop new economic policy uncertainty (EPU) indices for Japan from January 1987 onwards building on the approach of Baker, Bloom and Davis (2016). Each index reflects the frequency of newspaper articles that contain certain terms pertaining to the economy, policy matters and uncertainty. Our overall EPU index co-varies positively with implied volatilities for Japanese equities, exchange rates and interest rates and with a survey-based measure of political uncertainty. The EPU index rises around contested national elections and major leadership transitions in Japan, during the Asian Financial Crisis and in reaction to the Lehman Brothers failure, U.S. debt downgrade in 2011, Brexit referendum, and Japan’s recent decision to defer a consumption tax hike. Our uncertainty indices for fiscal, monetary, trade and exchange rate policy co-vary positively but also display distinct dynamics. VAR models imply that upward EPU innovations foreshadow deteriorations in Japan’s macroeconomic performance, as reflected by impulse response functions for investment, employment and output. Our study adds to evidence that credible policy plans and strong policy frameworks can favorably influence macroeconomic performance by, in part, reducing policy uncertainty.
Book Synopsis Complexity Economics and Sustainable Development by : Omar A. Guerrero
Download or read book Complexity Economics and Sustainable Development written by Omar A. Guerrero and published by Cambridge University Press. This book was released on 2023-12-31 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Sustainable Development Goals are global objectives set by the UN. They cover fundamental issues in development such as poverty, education, economic growth, and climate. Despite growing data across policy dimensions, popular statistical approaches offer limited solutions as these datasets are not big or detailed enough to meet their technical requirements. Complexity Economics and Sustainable Development provides a novel framework to handle these challenging features, suggesting that complexity science, agent-based modelling, and computational social science can overcome these limitations. Building on interdisciplinary socioeconomic theory, it provides a new framework to quantify the link between public expenditure and development while accounting for complex interdependencies and public governance. Accompanied by comprehensive data of worldwide development indicators and open-source code, it provides a detailed construction of the analytic toolkit, familiarising readers with a diverse set of empirical applications and drawing policy implications that are insightful to a diverse readership.
Book Synopsis Statistics with Confidence by : Douglas Altman
Download or read book Statistics with Confidence written by Douglas Altman and published by John Wiley & Sons. This book was released on 2013-06-03 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: This highly popular introduction to confidence intervals has been thoroughly updated and expanded. It includes methods for using confidence intervals, with illustrative worked examples and extensive guidelines and checklists to help the novice.
Book Synopsis OECD Economic Outlook, Volume 2011 Issue 2 by : OECD
Download or read book OECD Economic Outlook, Volume 2011 Issue 2 written by OECD and published by OECD Publishing. This book was released on 2012-01-11 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Economic Outlook is the OECD’s twice-yearly analysis of the major economic trends and prospects for the next two years.
Book Synopsis Global Economic Uncertainties and Exchange Rate Shocks by : Eliphas Ndou
Download or read book Global Economic Uncertainties and Exchange Rate Shocks written by Eliphas Ndou and published by Springer. This book was released on 2018-01-08 with total page 509 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the macroeconomic and regulatory impact of domestic and international shocks on the South African economy resulting from the 2009 financial crisis. It also assesses the impact of the US economy’s eventual recovery from the crisis and the prospect of higher US interest rates in future. Told in three parts, the book explores associations between economic growth, policy uncertainty and the key domestic and international transmission channels, and transmission effects, of global financial regulatory and domestic macro-economic uncertainties on subdued and volatile economic recovery, financial channels, lending rate margins, and credit growth. The book concludes by extending its focus to the role of US monetary policy, capital flows and rand/US dollar volatility on the South African economy.
Book Synopsis The Social Economy by : Hasmet M. Uluorta
Download or read book The Social Economy written by Hasmet M. Uluorta and published by Routledge. This book was released on 2009-01-13 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Critically examining economic developments within the last sixty years, this book argues that a crisis in global social reproduction is altering existing understandings of work, labour and the economy. The author of this original volume, Hasmet M. Uluorta, contends that the crisis in the global economy is triggering a potential paradigm shift from one defined under the rubric of Employment to an alternative theorized as Work. Discussing the Employment paradigm that formed the dominant mode of development after the Second World War through to the 1970s, the author considers the economic and political forces that resulted in its eventual decline. Focusing on already existing practices of organizations and workers in Toronto, Canada, the book goes on to consider the shift to Work and the consequent rise in the social economy which has broken down conventional categories of work and leisure. The author concludes that the social economy presents fundamental challenges to understandings that underpinned the previous economic order. Building on insights from a range of disciplines, The Social Economy will be of interest to students and scholars of international political economy, international relations, labour studies, sociology, and globalization studies.
Book Synopsis Introduction To Environmental Impact Assessment by : John Glasson
Download or read book Introduction To Environmental Impact Assessment written by John Glasson and published by Routledge. This book was released on 2019-03-25 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive, clearly structured and readable overview of the subject, Introduction to Environmental Impact Assessment has established itself as the leading introduction to EIA worldwide. This fifth edition is a major update reflecting many significant changes in EIA procedures, process, practice and prospects over the last decade. In particular, it includes: a much more international dimension, drawing on EIA activities worldwide; an up-to-date coverage of the revised EU EIA Directive and its implementation; the associated update of contemporary UK procedures and practice; best practice on evolving methods in the EIA process; a rich array of UK and many international case studies; a new coverage of emerging EIA impact topics, including equality/deprivation; culture; resettlement; climate change; ecosystem services; and risk, resilience and cumulative impacts; an appraisal of some next steps in the EIA process, including a more effective and proportionate EIA; the impact of technological change; the changing interpretation of the project; project implementation, monitoring and adaptive management; and moves towards a more integrated impact assessment. Together, these topics act as a kind of action list for future EIA; the development of SEA legislation and practice in the UK, EU and worldwide; and a set of appendices containing key legislation and an EIS review framework. It is also makes full use of colour illustrations and chapter questions for discussion. Written by two authors with extensive research, training and consultancy experience of EIA, this book brings together the most up-to-date information from many sources. Introduction to Environmental Impact Assessment 5th Edition provides a complete, and critical, introductory text that also supports further studies. Students in undergraduate and postgraduate planning programmes will find it essential as a course text, as will students of environmental management/policy, environmental sciences/studies, geography and built environment. Key stakeholders involved in assessment activities – planners, developers, community groups, pressure groups and decision-makers in government and business – will also welcome this latest edition as a very effective means of getting to grips with the many facets of this important and evolving subject that affects a widening range of development projects.
Book Synopsis A "second Edition" of The General Theory by : Geoffrey Colin Harcourt
Download or read book A "second Edition" of The General Theory written by Geoffrey Colin Harcourt and published by Psychology Press. This book was released on 1997 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis To Understand The World Understand Economics by : Nawar Al-Saadi
Download or read book To Understand The World Understand Economics written by Nawar Al-Saadi and published by Nawar Al-Saadi. This book was released on 2022-08-04 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics is a very significant field to master if you want to succeed in life, or at the least, understand how the world around you influences your conditions and decisions. Economics governs everything from the price you pay for your coffee to the Politics governing you and the rest of the country. Think about all the things that is happening now wars, political conflicts between countries and companies compete, if you don't care about these things think about your consume: food, shelter, clothing, transportation, healthcare, and entertainment. How do you acquire those items? You do not produce them yourself. You buy them. How do you afford the things you buy? You work for pay. Or if you do not, someone else does on your behalf. Yet most of us never have enough to buy all the things we want. If you still do not believe that economy is not important, consider the following: Does everyone need food to eat? Does everyone need a decent place to live? Does everyone have access to healthcare? In every country in the world, there are people who are hungry, homeless (for example, those who call park benches their beds), and in need of healthcare, just to focus on a few critical goods and services. Why is this the case? All of these problems will be understood if we understand the economy and its impact on our lives.
Book Synopsis Confidence-building Measures by : Karl Kaiser
Download or read book Confidence-building Measures written by Karl Kaiser and published by . This book was released on 1983 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book On War written by Carl von Clausewitz and published by . This book was released on 1908 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Decision Making in Health and Medicine by : M. G. Myriam Hunink
Download or read book Decision Making in Health and Medicine written by M. G. Myriam Hunink and published by Cambridge University Press. This book was released on 2014-10-16 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide for everyone involved in medical decision making to plot a clear course through complex and conflicting benefits and risks.
