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Author : David Culloden Rowan
Publisher :
ISBN 13 :
Total Pages : 538 pages
Book Rating : 4.3/5 (91 download)
Download or read book Output, Inflation and Growth written by David Culloden Rowan and published by . This book was released on 1968 with total page 538 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : D.C. Rowan
Publisher : Springer
ISBN 13 : 1349068004
Total Pages : 523 pages
Book Rating : 4.3/5 (49 download)
Download or read book Output, Inflation and Growth written by D.C. Rowan and published by Springer. This book was released on 1983-06-18 with total page 523 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : David Culloden Rowan
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (68 download)
Download or read book Output, Inflation and Growth written by David Culloden Rowan and published by . This book was released on 1968 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : D. C. Rowan
Publisher :
ISBN 13 : 9780333005934
Total Pages : 528 pages
Book Rating : 4.0/5 (59 download)
Download or read book Output, Inflation and Growth written by D. C. Rowan and published by . This book was released on 1968 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt:
![Download Output, Inflation and Growth; an Introduction to Macro-economics [by] D.C. Rowan PDF Online Free](https://books.google.com/books/content/images/frontcover/tUjYAQAACAAJ?fife=w200-h370)
Author : David Culloden Rowan
Publisher :
ISBN 13 :
Total Pages : 528 pages
Book Rating : 4.:/5 (639 download)
Download or read book Output, Inflation and Growth; an Introduction to Macro-economics [by] D.C. Rowan written by David Culloden Rowan and published by . This book was released on 1968 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : D.C. Rowan
Publisher :
ISBN 13 :
Total Pages : 573 pages
Book Rating : 4.:/5 (129 download)
Download or read book Output, inflation and growth written by D.C. Rowan and published by . This book was released on 1968 with total page 573 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : D. C. Rowan
Publisher :
ISBN 13 : 9781349068029
Total Pages : pages
Book Rating : 4.0/5 (68 download)
Download or read book Output, Inflation and Growth written by D. C. Rowan and published by . This book was released on 1983 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Christina D. Romer
Publisher :
ISBN 13 :
Total Pages : 54 pages
Book Rating : 4.3/5 ( download)
Download or read book Inflation and the Growth Rate of Output written by Christina D. Romer and published by . This book was released on 1996 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper shows that inflation has depended strongly on the growth rate of output for most of the twentieth century. Only in recent years has the deviation of output from trend become the predominant determinant of price behavior. The paper also shows that the growth rate effect works primarily through materials prices, and that the declining importance of materials can explain why the growth rate effect has weakened over time. Finally, the paper shows that the growth rate effect can explain why prices rose in the mid- and late- 1930s despite the fact that output was substantially below trend.
Author : Lance Taylor
Publisher : MIT Press
ISBN 13 : 9780262700450
Total Pages : 316 pages
Book Rating : 4.7/5 (4 download)
Download or read book Income Distribution, Inflation, and Growth written by Lance Taylor and published by MIT Press. This book was released on 1991 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Structuralist macroeconomics has emerged recently as the only viable theoretical alternative for economists and practitioners in developing countries. Lance Taylor's innovative work represents a landmark in this field. It codifies a new generation of structuralist macroeconomic models that incorporate the economic power relationships of key institutions and groups, integrates both finance and real macroeconomics, and covers a diverse range of experience in the developing world over the past three decades. In an introduction Taylor explains his methodology, describes assumptions underlying the models used, and reviews theories that relate economic growth and the role of financial assets. He then takes up basic structuralist models of a closed economy and moves on to consider the open economy cases. He incorporates the latest developments in the field (inflation, financial crisis, exchange rate management, increasing returns, and the like) in a treatment that departs substantially from economic orthodoxy. Taylor first addresses the question of how to specify "closure" or define the causal structure of macro models. He also considers how income redistribution influences growth and output and how income redistribution interacts with inflation. Next, an investment-driven non-full employment growth model draws on ideas introduced earlier to illustrate how different sorts of macroeconomic policies affect short-run adjustment and growth prospects over time. Taylor then turns to the problems proposed by economic openness in a stylized semi-industrialized country, starting with international trade. A fix-price/flex-price model is developed, and additional models demonstrate cases of policy relevance as well as interactions between class conflict and growth.
Author : Sheetal K. Chand
Publisher : International Monetary Fund
ISBN 13 : 1451856695
Total Pages : 33 pages
Book Rating : 4.4/5 (518 download)
Download or read book Nominal Income and the Inflation-Growth Divide written by Sheetal K. Chand and published by International Monetary Fund. This book was released on 1997-11-01 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper deals with aggregate demand fluctuations and their price and output effects. Starting with a nominal income solution, a rule for determining the inflation and output growth effects is presented. Assigning alternative values to the key parameters of the suggested rule generates different closure rules, such as the classical and the Keynesian and their modern counterparts. An application to major industrial country data indicates that the suggested rule is robust. Both inflation and output growth are affected by nominal shocks, but response patterns vary among the countries.
Author : Ali Alichi
Publisher : International Monetary Fund
ISBN 13 : 1484366328
Total Pages : 31 pages
Book Rating : 4.4/5 (843 download)
Download or read book Estimates of Potential Output and the Neutral Rate for the U.S. Economy written by Ali Alichi and published by International Monetary Fund. This book was released on 2018-07-06 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Estimates of potential output and the neutral short-term interest rate play important roles in policy making. However, such estimates are associated with significant uncertainty and subject to significant revisions. This paper extends the structural multivariate filter methodology by adding a monetary policy block, which allows estimating the neutral rate of interest for the U.S. economy. The addition of the monetary policy block further improves the reliability of the structural multivariate filter.
Author : Eliphas Ndou
Publisher : Springer
ISBN 13 : 3030198030
Total Pages : 507 pages
Book Rating : 4.0/5 (31 download)
Download or read book Inequality, Output-Inflation Trade-Off and Economic Policy Uncertainty written by Eliphas Ndou and published by Springer. This book was released on 2019-08-13 with total page 507 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on income inequality, output-inflation trade-off and economic policy uncertainty in South Africa. Tight monetary and macroprudential policies raise income inequality. Income inequality transmits monetary policy and macroprudential policy shocks to real economic activity. Economic policy uncertainty influences the dynamics in the lending rate margins, inflation expectations, credit, pass-through of the repo rate to bank lending rates and companies’ cash holdings. The trade-off between output and inflation and output growth persistence vary with inflation regimes. Stimulatory demand policy shocks are less effective in high inflation regime. High income inequality raises consumption inequality, which raises demand for credit, but price stability matters in this link. Increased bank concentration raises income inequality, lowers economic growth and employment rate. Elevated economic policy uncertainty lowers output growth, lowers capital formation, reduces credit and raises companies’ cash holdings. Increased companies’ cash holdings reduce capital formation and impact the transmission of expansionary monetary policy shocks to real economic activity. This book shows there is an inflation level within the target band below it which lowers income inequality, while raising GDP growth and employment. Thus price stability, economic policy uncertainty and income inequality matter for the efficient transmission of policy shocks.
Author : Robert James Gordon
Publisher : Cambridge University Press
ISBN 13 : 9780521531429
Total Pages : 520 pages
Book Rating : 4.5/5 (314 download)
Download or read book Productivity Growth, Inflation, and Unemployment written by Robert James Gordon and published by Cambridge University Press. This book was released on 2004 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publisher Description
Author : Ali Alichi
Publisher : International Monetary Fund
ISBN 13 : 1513523465
Total Pages : 17 pages
Book Rating : 4.5/5 (135 download)
Download or read book A New Methodology for Estimating the Output Gap in the United States written by Ali Alichi and published by International Monetary Fund. This book was released on 2015-06-30 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: The gap between potential and actual output—the output gap—is a key variable for policymaking. This paper adapts the methodology developed in Blagrave and others (2015) to estimate the path of output gap in the U.S. economy. The results show that the output gap has considerably shrunk since the Great Recession, but still remains negative. While the results are more robust than other existing methodologies, there is still significant uncertainty surrounding the estimates.
Author : Thorvaldur Gylfason
Publisher : International Monetary Fund
ISBN 13 : 1451959885
Total Pages : 45 pages
Book Rating : 4.4/5 (519 download)
Download or read book The Path of Output From Plan to Market written by Thorvaldur Gylfason and published by International Monetary Fund. This book was released on 1994-06-01 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper is intended to clarify the contribution of macroeconomic stabilization and structural adjustment to the transformation from plan to market in Central and Eastern Europe and elsewhere. Four main points emerge. First, increased price stability improves the utilization of capital and thus increases the level of output at full employment in the long run, even though output decreases initially. Second, the static output gain from stabilization is captured in a simple formula in which the gain is approximately proportional to the square of the original inflation distortion. Third, successful stabilization increases the rate of growth of output per head, and not only its level, in the presence of constant returns to capital in a broad sense. Fourth, substitution of plausible parameter estimates into the simple formulae reflecting the gains from stabilization indicate that the static and dynamic output gains can be quite large.
Author : Sebastian Hauptmeier
Publisher : Springer Science & Business Media
ISBN 13 : 3790821772
Total Pages : 201 pages
Book Rating : 4.7/5 (98 download)
Download or read book Projecting Potential Output written by Sebastian Hauptmeier and published by Springer Science & Business Media. This book was released on 2009-04-20 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: In spite of the widespread use of the concept of potential output in economic theory and empirical applications as well as in economic policy debates, the historical background and the assumptions inherent to this concept are rarely made transparent, let alone critically questioned. Against this background this book sets out to determine the extent to which the concept of potential output rests on clearly defined theoretical foundations and how far prevailing empirical quantification methods really provide reliable insights into potential output growth of an economy. In addition, the authors examine alternative methods for a forward-looking assessment of potential output growth.
Author : Mr.Peter Doyle
Publisher : International Monetary Fund
ISBN 13 : 1451852371
Total Pages : 37 pages
Book Rating : 4.4/5 (518 download)
Download or read book From Inflation to Growth written by Mr.Peter Doyle and published by International Monetary Fund. This book was released on 1998-07-01 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reexamines growth in transition using panel data to 1997. It suggests that output has been strongly affected by export market growth; that inflation has been associated with weaker output only above a threshold inflation rate; that structural reform has been associated with weaker output initially, but that it stimulates higher growth thereafter; and that rapid disinflation has been associated with output losses only in the presence of pegged exchange rates.
