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A Study Of Hysteresis In The Open Canadian Economy
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Book Synopsis Hysteresis and Business Cycles by : Ms.Valerie Cerra
Download or read book Hysteresis and Business Cycles written by Ms.Valerie Cerra and published by International Monetary Fund. This book was released on 2020-05-29 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.
Book Synopsis American Doctoral Dissertations by :
Download or read book American Doctoral Dissertations written by and published by . This book was released on 2001 with total page 776 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Geological Survey of Canada, Open File 1448 by :
Download or read book Geological Survey of Canada, Open File 1448 written by and published by Natural Resources Canada. This book was released on with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book OECD Economic Studies written by and published by . This book was released on 1989 with total page 542 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Working Papers written by and published by . This book was released on 1988 with total page 780 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Exchange Rates and International Competitiveness of the Canadian Economy by : Richard G. Harris
Download or read book Exchange Rates and International Competitiveness of the Canadian Economy written by Richard G. Harris and published by . This book was released on 1992 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: This document presents background information on the competitiveness concept. It discusses the equilibrium exchange rates and the current account. It also looks at short-run effects of exchange-rate changes. It provides a summary and policy conclusions.
Book Synopsis Empirical Research on Trade Liberalisation with Imperfect Competition by : J. David Richardson
Download or read book Empirical Research on Trade Liberalisation with Imperfect Competition written by J. David Richardson and published by . This book was released on 1988 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Exchange Rate Parity for Trade and Development by : Pan A. Yotopoulos
Download or read book Exchange Rate Parity for Trade and Development written by Pan A. Yotopoulos and published by Cambridge University Press. This book was released on 1996 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book extends recent theories of incomplete markets to investigate empirically the appropriate balance between the market and the state in the trade relations between developed and developing countries. The conclusion is that in an ideal world government intervention in foreign exchange and trade is necessary in developing countries in the early stages and inevitably decreases as development occurs. Rationing of foreign exchange prevents a 'soft currency distortion' that commonly afflicts developing countries and can turn comparative advantage trade into competitive devaluation trade, with severe losses of income and welfare. Yotopoulos finds that the level of underdevelopment narrowly circumscribes and conditions the extent to which free-market, free-trade, laissez-faire can be beneficial, contrary to the mainstream policy paradigm as currently applied. The analysis and tests draw on empirical research from seventy countries and four extended country studies to confirm the usefulness and validity of the theoretical framework.
Book Synopsis Empirical Research on Trade Liberalization with Imperfect Competition by : J. David Richardson
Download or read book Empirical Research on Trade Liberalization with Imperfect Competition written by J. David Richardson and published by . This book was released on 1989 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis International Economics by : Alan Professor Winters
Download or read book International Economics written by Alan Professor Winters and published by Routledge. This book was released on 2002-09-11 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1991. Routledge is an imprint of Taylor & Francis, an informa company.
Book Synopsis The Canadian Journal of Economics by :
Download or read book The Canadian Journal of Economics written by and published by . This book was released on 1997 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Richard G. Harris Publisher :Kingston, Ont. : John Deutsch Institute for the Study of Economic Policy ISBN 13 : Total Pages :212 pages Book Rating :4.X/5 (2 download)
Book Synopsis Deficits and Debt in the Canadian Economy by : Richard G. Harris
Download or read book Deficits and Debt in the Canadian Economy written by Richard G. Harris and published by Kingston, Ont. : John Deutsch Institute for the Study of Economic Policy. This book was released on 1993 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :International Monetary Fund. Research Dept. Publisher :International Monetary Fund ISBN 13 :1451947208 Total Pages :208 pages Book Rating :4.4/5 (519 download)
Book Synopsis IMF Staff papers by : International Monetary Fund. Research Dept.
Download or read book IMF Staff papers written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1995-01-01 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops an endogenous growth model of the influence of public investment, public transfers, and distortionary taxation on the rate of economic growth. The growth–enhancing effects of investment in public capital and transfer payments are modeled, as is the growth–inhibiting influence of the levying of distortionary taxes that are used to fund such expenditure. The theoretical implications of the model are then tested with data from 23 developed countries between 1971 and 1988, and time series cross sectional results are obtained that support the proposed influence of the public finance variables on economic growth.
Book Synopsis IMF Staff Papers, Volume 47, Special Issue, IMF Annual Research Conference, by : Mr.Robert P. Flood
Download or read book IMF Staff Papers, Volume 47, Special Issue, IMF Annual Research Conference, written by Mr.Robert P. Flood and published by International Monetary Fund. This book was released on 2001-11-28 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a broad overview of postwar analytical thinking on international macroeconomics, culminating in a more detailed discussion of recent progress. The paper reviews important empirical evidence that has inspired alternative modeling approaches, as well as theoretical and policy considerations behind developments in the field. The paper presents an empirical study of fiscal policy in countries with extreme monetary regimes. It also examines members of multilateral currency unions, dollarized countries that officially use the money of another country, and countries using currency boards.
Book Synopsis Macroeconomics: Canadian Edition Study Guide by : N. Gregory Mankiw
Download or read book Macroeconomics: Canadian Edition Study Guide written by N. Gregory Mankiw and published by Macmillan. This book was released on 2007-03-23 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: The guide offers various ways for students to learn the material in the text and assess their understanding.
Book Synopsis Psychological Economics by : P. Earl
Download or read book Psychological Economics written by P. Earl and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Peter E. Earl There is no doubt that it is appropriate for a series on Modern Economic Thought to include a book on the recent development of economic analysis incorporating ideas from psychology. This book was designed to appear in 1987, 15 years after the publication of a now classic collection of essays in honor of George Katona (Strumpel et aI. , 1972), who throughout the fifties and sixties had been tirelessly trying to persuade economists of the virtues of an infusion of psychology into their work. In the intervening 15 years there has been a considerable growth of interest along the lines for which Katona had been arguing. Many psychology-based economics mon ographs have appeared; a specialist quarterly, the Journal of Economic Psychology, commenced publication in 1981, with 1985 seeing the first issue of the Journal of Interdisciplinary Economics as yet another addition to growing ranks of "psychology-friendly" journals such as the Journal of Consumer Research and the Journal of Social Economics; and recently, within psychology itself, symposia have been taking place with a focus on the economics/psychology interface - for example, see the entire June 1982 issue of the British Journal of Social Psychology. For someone like myself, strongly committed to a psychological approach to economics, a 1 2 PSYCHOLOGICAL ECONOMICS problem of information overload and consequent ignorance of pertinent developments already looms large as a possibility.
Book Synopsis Microlog, Canadian Research Index by :
Download or read book Microlog, Canadian Research Index written by and published by . This book was released on 1994 with total page 1292 pages. Available in PDF, EPUB and Kindle. Book excerpt: An indexing, abstracting and document delivery service that covers current Canadian report literature of reference value from government and institutional sources.
