Technology Shocks and Aggregate Fluctuations

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Publisher : International Monetary Fund
ISBN 13 : 1451875657
Total Pages : 68 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Technology Shocks and Aggregate Fluctuations by : Mr.Pau Rabanal

Download or read book Technology Shocks and Aggregate Fluctuations written by Mr.Pau Rabanal and published by International Monetary Fund. This book was released on 2004-12-01 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our answer: Not so well. We reached that conclusion after reviewing recent research on the role of technology as a source of economic fluctuations. The bulk of the evidence suggests a limited role for aggregate technology shocks, pointing instead to demand factors as the main force behind the strong positive comovement between output and labor input measures.

Inflation Expectations

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Publisher : Routledge
ISBN 13 : 1135179778
Total Pages : 402 pages
Book Rating : 4.1/5 (351 download)

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Book Synopsis Inflation Expectations by : Peter J. N. Sinclair

Download or read book Inflation Expectations written by Peter J. N. Sinclair and published by Routledge. This book was released on 2009-12-16 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inflation is regarded by the many as a menace that damages business and can only make life worse for households. Keeping it low depends critically on ensuring that firms and workers expect it to be low. So expectations of inflation are a key influence on national economic welfare. This collection pulls together a galaxy of world experts (including Roy Batchelor, Richard Curtin and Staffan Linden) on inflation expectations to debate different aspects of the issues involved. The main focus of the volume is on likely inflation developments. A number of factors have led practitioners and academic observers of monetary policy to place increasing emphasis recently on inflation expectations. One is the spread of inflation targeting, invented in New Zealand over 15 years ago, but now encompassing many important economies including Brazil, Canada, Israel and Great Britain. Even more significantly, the European Central Bank, the Bank of Japan and the United States Federal Bank are the leading members of another group of monetary institutions all considering or implementing moves in the same direction. A second is the large reduction in actual inflation that has been observed in most countries over the past decade or so. These considerations underscore the critical – and largely underrecognized - importance of inflation expectations. They emphasize the importance of the issues, and the great need for a volume that offers a clear, systematic treatment of them. This book, under the steely editorship of Peter Sinclair, should prove very important for policy makers and monetary economists alike.

Growth and Fluctuations 1870-1913 (Routledge Revivals)

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Publisher : Routledge
ISBN 13 : 1135229902
Total Pages : 328 pages
Book Rating : 4.1/5 (352 download)

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Book Synopsis Growth and Fluctuations 1870-1913 (Routledge Revivals) by : W. Arthur Lewis

Download or read book Growth and Fluctuations 1870-1913 (Routledge Revivals) written by W. Arthur Lewis and published by Routledge. This book was released on 2009-10-15 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this title, first published in 1978, Sir Arthur Lewis considers the development of the international economy in the forty years leading up to the First World War, with the adoption of the gold standard, a rapid growth in world trade, the opening up of the continents by the railways, vast emigration from Europe, India and China, and large-scale international investment. The book contrasts the relationship between prices, industrial fluctuations, agricultural output, and the stock of monetary gold, considering both the varying patterns of leading economies and then their net combined effect on the rest of the world. This is history which illuminates the contemporary economic climate in which it was written but also casts light upon our current economic crisis.

Chinese Economic Growth and Fluctuations

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Publisher : Taylor & Francis
ISBN 13 : 1317482840
Total Pages : 211 pages
Book Rating : 4.3/5 (174 download)

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Book Synopsis Chinese Economic Growth and Fluctuations by : Liu Shucheng

Download or read book Chinese Economic Growth and Fluctuations written by Liu Shucheng and published by Taylor & Francis. This book was released on 2017-03-27 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the economic reform of the 1980s, Chinese economy has boomed and has now become the second largest in the world. Based on the constant and systematic researches of economic periodicity, this book studies Chinese economic growth and fluctuations. As a famous Chinese economist, the author is the first one who demonstrated the investment periodicity in China. His groundbreaking studies on Chinese economic periodic fluctuation have significant impact at home and abroad. The first six papers collected in this book mainly examine issues on Chinese periodic fluctuation and macroeconomic regulation, including the periodic fluctuations from 1953 to 1994, and a comparative analysis of five macroeconomic regulations since the reform and open up in the late 1980s. The last seven papers appear in the author's collected works for the first time. They are focused on the new characteristics of Chinese macroeconomic operation and regulation after the financial crisis of 2007-2008. In addition, this book reviews on China's economic growth from 1949 to 2009 and provides some valuable suggestions on how to maintain the rising trend of the new economic cycle.

Fluctuations in Age Composition and Growth Rate of Cutthroat Trout in Yellowstone Lake

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Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Fluctuations in Age Composition and Growth Rate of Cutthroat Trout in Yellowstone Lake by : Ross V. Bulkley

Download or read book Fluctuations in Age Composition and Growth Rate of Cutthroat Trout in Yellowstone Lake written by Ross V. Bulkley and published by . This book was released on 1961 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Age composition, growth rate, and year-class strength of Yellowstone Lake cutthroat trout from collections made in 1948 and from 1950 to 1959 are analyzed to relate total catch changes in age composition and growth rate. An increase in growth rate of fish fully recruited to the fishery and a decrease in percentages of fish belonging to age groups VI and VII are attributed to an increase in fishing pressure. Mean age of the catch varied with year-length of the catch has remained high, suggesting that production is more efficient now than in past years. Maximum equilibrium yield may be near. If the catch continues to increase at the present rate, it may become excessive within the next few years.

Frontiers of Business Cycle Research

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Publisher : Princeton University Press
ISBN 13 : 9780691043234
Total Pages : 452 pages
Book Rating : 4.0/5 (432 download)

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Book Synopsis Frontiers of Business Cycle Research by : Thomas F. Cooley

Download or read book Frontiers of Business Cycle Research written by Thomas F. Cooley and published by Princeton University Press. This book was released on 1995-02-26 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: This introduction to modern business cycle theory uses a neoclassical growth framework to study the economic fluctuations associated with the business cycle. Presenting advances in dynamic economic theory and computational methods, it applies concepts to t

Business Cycles

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Publisher : University of Chicago Press
ISBN 13 : 0226978923
Total Pages : 613 pages
Book Rating : 4.2/5 (269 download)

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Book Synopsis Business Cycles by : Victor Zarnowitz

Download or read book Business Cycles written by Victor Zarnowitz and published by University of Chicago Press. This book was released on 2007-11-01 with total page 613 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents the most complete collection available of the work of Victor Zarnowitz, a leader in the study of business cycles, growth, inflation, and forecasting.. With characteristic insight, Zarnowitz examines theories of the business cycle, including Keynesian and monetary theories and more recent rational expectation and real business cycle theories. He also measures trends and cycles in economic activity; evaluates the performance of leading indicators and their composite measures; surveys forecasting tools and performance of business and academic economists; discusses historical changes in the nature and sources of business cycles; and analyzes how successfully forecasting firms and economists predict such key economic variables as interest rates and inflation.

Foreign Exchange Value of the Dollar

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Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis Foreign Exchange Value of the Dollar by :

Download or read book Foreign Exchange Value of the Dollar written by and published by . This book was released on 1984 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

British Economic Growth, 1270–1870

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Publisher : Cambridge University Press
ISBN 13 : 1107070783
Total Pages : 503 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis British Economic Growth, 1270–1870 by : Stephen Broadberry

Download or read book British Economic Growth, 1270–1870 written by Stephen Broadberry and published by Cambridge University Press. This book was released on 2015-01-22 with total page 503 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first systematic quantitative account of British economic growth from the thirteenth century to the Industrial Revolution.

Resource and Output Trends in the United States Since 1870

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Author :
Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Resource and Output Trends in the United States Since 1870 by : Moses Abramovitz

Download or read book Resource and Output Trends in the United States Since 1870 written by Moses Abramovitz and published by . This book was released on 1956 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Global Business Cycles

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Publisher : International Monetary Fund
ISBN 13 : 1451870019
Total Pages : 51 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Global Business Cycles by : Mr.Ayhan Kose

Download or read book Global Business Cycles written by Mr.Ayhan Kose and published by International Monetary Fund. This book was released on 2008-06-01 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the evolution of the degree of global cyclical interdependence over the period 1960-2005. We categorize the 106 countries in our sample into three groups-industrial countries, emerging markets, and other developing economies. Using a dynamic factor model, we then decompose macroeconomic fluctuations in key macroeconomic aggregates-output, consumption, and investment-into different factors. These are: (i) a global factor, which picks up fluctuations that are common across all variables and countries; (ii) three group-specific factors, which capture fluctuations that are common to all variables and all countries within each group of countries; (iii) country factors, which are common across all aggregates in a given country; and (iv) idiosyncratic factors specific to each time series. Our main result is that, during the period of globalization (1985-2005), there has been some convergence of business cycle fluctuations among the group of industrial economies and among the group of emerging market economies. Surprisingly, there has been a concomitant decline in the relative importance of the global factor. In other words, there is evidence of business cycle convergence within each of these two groups of countries but divergence (or decoupling) between them.

Macroeconomic Fluctuations and Policies

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Publisher : MIT Press
ISBN 13 : 0262549298
Total Pages : 361 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis Macroeconomic Fluctuations and Policies by : Edouard Challe

Download or read book Macroeconomic Fluctuations and Policies written by Edouard Challe and published by MIT Press. This book was released on 2023-09-19 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: The basic tools for analyzing macroeconomic fluctuations and policies, applied to concrete issues and presented within an integrated New Keynesian framework. This textbook presents the basic tools for analyzing macroeconomic fluctuations and policies and applies them to contemporary issues. It employs a unified New Keynesian framework for understanding business cycles, major crises, and macroeconomic policies, introducing students to the approach most often used in academic macroeconomic analysis and by central banks and international institutions. The book addresses such topics as how recessions and crises spread; what instruments central banks and governments have to stimulate activity when private demand is weak; and what “unconventional” macroeconomic policies might work when conventional monetary policy loses its effectiveness (as has happened in many countries in the aftermath of the Great Recession.). The text introduces the foundations of modern business cycle theory through the notions of aggregate demand and aggregate supply, and then applies the theory to the study of regular business-cycle fluctuations in output, inflation, and employment. It considers conventional monetary and fiscal policies aimed at stabilizing the business cycle, and examines unconventional macroeconomic policies, including forward guidance and quantitative easing, in situations of “liquidity trap”—deep crises in which conventional policies are either ineffective or have very different effects than in normal time. This book is the first to use the New Keynesian framework at the advanced undergraduate level, connecting undergraduate learning not only with the more advanced tools taught at the graduate level but also with the large body of policy-oriented research in academic journals. End-of-chapter problems help students master the materials presented.

New Tools of Economic Dynamics

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Publisher : Springer Science & Business Media
ISBN 13 : 9783540242826
Total Pages : 420 pages
Book Rating : 4.2/5 (428 download)

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Book Synopsis New Tools of Economic Dynamics by : Jacek Leskow

Download or read book New Tools of Economic Dynamics written by Jacek Leskow and published by Springer Science & Business Media. This book was released on 2005-07-13 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: New Tools of Economic Dynamics gives an introduction and overview of recently developed methods and tools, most of them developed outside economics, to deal with the qualitative analysis of economic dynamics. It reports the results of a three-year research project by a European and Latin American network on the intersection of economics with mathematical, statistical, and computational methods and techniques. Focusing upon the evolution and manifold structure of complex dynamic phenomena, the book reviews and shows applications of a variety of tools, such as symbolic and coded dynamics, interacting agents models, microsimulation in econometrics, large-scale system analysis, and dynamical systems theory. It shows the potential of a comprehensive analysis of growth, fluctuations, and structural change along the lines indicated by pioneers like Harrod, Haavelmo, Hicks, Goodwin, Morishima, and it highlights the explanatory power of the qualitative approach they initiated.

The Economic Cycle and the Growth of the Chinese Economy

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Publisher : Routledge
ISBN 13 : 1351999419
Total Pages : 320 pages
Book Rating : 4.3/5 (519 download)

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Book Synopsis The Economic Cycle and the Growth of the Chinese Economy by : Li Jianwei

Download or read book The Economic Cycle and the Growth of the Chinese Economy written by Li Jianwei and published by Routledge. This book was released on 2017-03-16 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: The nature of the economic cycle has been a long-standing problem for economists, given much attention by especially Malthus, Marx and Keynes. Key questions include: What are the causes of the economic cycle? Are the causes endogenous or exogenous? and Why is the economic cycle irregular? Economists’ views on these matters have differed, some concluding that governments can intervene effectively to stimulate economic growth, while others argue that government intervention is ineffective and even harmful. This book explores the theory of the economic cycle in relation to economic growth in China, and especially in relation to income distribution and the demand for consumer durables. The book concludes that the cause of the economic cycle is endogenous, that the periodic fluctuation of economic growth and its dynamic equilibrium are natural aspects of the growth of the economy, and it puts forward a new model of the economic cycle which confidently predicts the future trajectory of China’s economic growth.

Resource Competition and Community Structure

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Publisher : Princeton University Press
ISBN 13 : 9780691083025
Total Pages : 312 pages
Book Rating : 4.0/5 (83 download)

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Book Synopsis Resource Competition and Community Structure by : David Tilman

Download or read book Resource Competition and Community Structure written by David Tilman and published by Princeton University Press. This book was released on 1982-08-21 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the central questions of ecology is why there are so many different kinds of plants and animals. Here David Tilman presents a theory of how organisms compete for resources and the way their competition promotes diversity. Developing Hutchinson's suggestion that the main cause of diversity is the feeding relations of species, this book builds a mechanistic, resource-based explanation of the structure and functioning of ecological communities. In a detailed analysis of the Park Grass Experiments at the Rothamsted Experimental Station in England, the author demonstrates that the dramatic results of these 120 years of experimentation are consistent with his theory, as are observations in many other natural communities. The consumer-resource approach of this book is applicable to both animal and plant communities, but the majority of Professor Tilman's discussion concentrates on the structure of plant communities. All theoretical arguments are developed graphically, and formal mathematics is kept to a minimum. The final chapters of the book provide some testable speculations about resources and animal communities and explore such problems as the evolution of "super species," the differences between plant and animal community diversity patterns, and the cause of plant succession.

Business Cycle Developments

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Publisher :
ISBN 13 :
Total Pages : 552 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Business Cycle Developments by : United States. Bureau of the Census

Download or read book Business Cycle Developments written by United States. Bureau of the Census and published by . This book was released on 1966 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Business Cycle Developments

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Publisher :
ISBN 13 :
Total Pages : 1024 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Business Cycle Developments by :

Download or read book Business Cycle Developments written by and published by . This book was released on 1966 with total page 1024 pages. Available in PDF, EPUB and Kindle. Book excerpt: