Imperfect Competition And The Effects Of Energy Price Increases On Economic Activity

Download Imperfect Competition And The Effects Of Energy Price Increases On Economic Activity full books in PDF, epub, and Kindle. Read online Imperfect Competition And The Effects Of Energy Price Increases On Economic Activity ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Imperfect Competition and the Effects of Energy Price Increases on Economic Activity

Author : Julio Rotemberg
Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.3/5 ( download)

DOWNLOAD NOW!

Book Synopsis Imperfect Competition and the Effects of Energy Price Increases on Economic Activity by : Julio Rotemberg

Download or read book Imperfect Competition and the Effects of Energy Price Increases on Economic Activity written by Julio Rotemberg and published by . This book was released on 1996 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: We show that modifying the standard neoclassical growth model by assuming that competition is imperfect makes it easier to explain the size of the declines in output and real wages that follow increases in the price of oil. Plausibly parameterized models of this type are able to mimic the response of output and real wages in the United States. The responses are particularly consistent with a model of implicit collusion where markups depend positively on the ratio of the expected present value of future profits to the current level of output.

International Dimensions of Monetary Policy

Author : Jordi Galí
Publisher : University of Chicago Press
ISBN 13 : 0226278875
Total Pages : 663 pages
Book Rating : 4.2/5 (262 download)

DOWNLOAD NOW!

Book Synopsis International Dimensions of Monetary Policy by : Jordi Galí

Download or read book International Dimensions of Monetary Policy written by Jordi Galí and published by University of Chicago Press. This book was released on 2010-03-15 with total page 663 pages. Available in PDF, EPUB and Kindle. Book excerpt: United States monetary policy has traditionally been modeled under the assumption that the domestic economy is immune to international factors and exogenous shocks. Such an assumption is increasingly unrealistic in the age of integrated capital markets, tightened links between national economies, and reduced trading costs. International Dimensions of Monetary Policy brings together fresh research to address the repercussions of the continuing evolution toward globalization for the conduct of monetary policy. In this comprehensive book, the authors examine the real and potential effects of increased openness and exposure to international economic dynamics from a variety of perspectives. Their findings reveal that central banks continue to influence decisively domestic economic outcomes—even inflation—suggesting that international factors may have a limited role in national performance. International Dimensions of Monetary Policy will lead the way in analyzing monetary policy measures in complex economies.

Trade Policy Issues and Empirical Analysis

Author : Robert E. Baldwin
Publisher : University of Chicago Press
ISBN 13 : 0226036510
Total Pages : 392 pages
Book Rating : 4.2/5 (26 download)

DOWNLOAD NOW!

Book Synopsis Trade Policy Issues and Empirical Analysis by : Robert E. Baldwin

Download or read book Trade Policy Issues and Empirical Analysis written by Robert E. Baldwin and published by University of Chicago Press. This book was released on 2008-04-15 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interest in U.S. trade policy has been stimulated in recent years by the massive American trade deficit, by the belief that intervention by foreign governments in international markets has given other countries a competitive edge over the United States, and by concern about the increase in protectionism among industrial countries. In turn, major analytical developments in international economics have revolutionized trade theory, broadening its scope both by introducing in a more formal manner such concepts as imperfect competition, increasing returns, product differentiation, and learning effects and by including the study of political and economic factors that shape trade policy decisions. This collection of papers—the result of a conference held by the NBER—applies these "new" trade theories to existing world cases and also presents complementary empirical studies that are grounded in more traditional trade theories. The volume is divided into four parts. The papers in part 1 consider the problem of imperfect competition, empirically assessing the economic effect of various trade policies introduced in industries in which the "new" trade theory seems to apply. Those in part 2 isolate the effects of protection from the influences of the many economic changes that accompany actual periods of protection and also examine how the effects from exogenous changes in economic conditions vary with the form of protection. Part 3 provides new empirical evidence on the effect of foreign production by a country's firms on the home country's exports. Finally, in part 4, two key bilateral issues are analyzed: recent U.S.-Japanese trade tensions and the incident involving the threat of the imposition of countervailing duties by the United States on Canadian softwood lumber.

The Economics and Econometrics of the Energy-Growth Nexus

Author : Angeliki Menegaki
Publisher : Academic Press
ISBN 13 : 0128127473
Total Pages : 416 pages
Book Rating : 4.1/5 (281 download)

DOWNLOAD NOW!

Book Synopsis The Economics and Econometrics of the Energy-Growth Nexus by : Angeliki Menegaki

Download or read book The Economics and Econometrics of the Energy-Growth Nexus written by Angeliki Menegaki and published by Academic Press. This book was released on 2018-03-29 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics and Econometrics of the Energy-Growth Nexus recognizes that research in the energy-growth nexus field is heterogeneous and controversial. To make studies in the field as comparable as possible, chapters cover aggregate energy and disaggregate energy consumption and single country and multiple country analysis. As a foundational resource that helps researchers answer fundamental questions about their energy-growth projects, it combines theory and practice to classify and summarize the literature and explain the econometrics of the energy-growth nexus. The book provides order and guidance, enabling researchers to feel confident that they are adhering to widely accepted assumptions and procedures. Provides guidance about selecting and implementing econometric tools and interpreting empirical findings Equips researchers to get clearer pictures of the most robust relationships between variables Covers up-to-date empirical and econometric methods Combines theory and practice to classify and summarize the literature and explain the econometrics of the energy-growth nexus

Are the Energy States Still Energy States?: A Reprint from the “Economic Review”

Author :
Publisher : DIANE Publishing
ISBN 13 : 1437928218
Total Pages : 26 pages
Book Rating : 4.4/5 (379 download)

DOWNLOAD NOW!

Book Synopsis Are the Energy States Still Energy States?: A Reprint from the “Economic Review” by :

Download or read book Are the Energy States Still Energy States?: A Reprint from the “Economic Review” written by and published by DIANE Publishing. This book was released on with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Routledge Handbook of Energy Economics

Author : Uğur Soytaş
Publisher : Routledge
ISBN 13 : 1315459647
Total Pages : 620 pages
Book Rating : 4.3/5 (154 download)

DOWNLOAD NOW!

Book Synopsis Routledge Handbook of Energy Economics by : Uğur Soytaş

Download or read book Routledge Handbook of Energy Economics written by Uğur Soytaş and published by Routledge. This book was released on 2019-09-23 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy consumption and production have major influences on the economy, environment, and society, but in return they are also influenced by how the economy is structured, how the social institutions work, and how the society deals with environmental degradation. The need for integrated assessment of the relationship between energy, economy, environment, and society is clear, and this handbook offers an in-depth review of all four pillars of the energy-economy-environment-society nexus. Bringing together contributions from all over the world, this handbook includes sections devoted to each of the four pillars. Moreover, as the financialization of commodity markets has made risk analysis more complicated and intriguing, the sections also cover energy commodity markets and their links to other financial and non-financial markets. In addition, econometric modeling and the forecasting of energy needs, as well as energy prices and volatilities, are also explored. Each part emphasizes the multidisciplinary nature of the energy economics field and from this perspective, chapters offer a review of models and methods used in the literature. The Routledge Handbook of Energy Economics will be of great interest to all those studying and researching in the area of energy economics. It offers guideline suggestions for policy makers as well as for future research.

Proceedings of the 2nd International Conference on Nonlinear Dynamics and Applications (ICNDA 2024), Volume 2

Author : Asit Saha
Publisher : Springer Nature
ISBN 13 : 3031691342
Total Pages : 703 pages
Book Rating : 4.0/5 (316 download)

DOWNLOAD NOW!

Book Synopsis Proceedings of the 2nd International Conference on Nonlinear Dynamics and Applications (ICNDA 2024), Volume 2 by : Asit Saha

Download or read book Proceedings of the 2nd International Conference on Nonlinear Dynamics and Applications (ICNDA 2024), Volume 2 written by Asit Saha and published by Springer Nature. This book was released on with total page 703 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Commodity Prices and Markets

Author : Takatoshi Ito
Publisher : University of Chicago Press
ISBN 13 : 0226386899
Total Pages : 346 pages
Book Rating : 4.2/5 (263 download)

DOWNLOAD NOW!

Book Synopsis Commodity Prices and Markets by : Takatoshi Ito

Download or read book Commodity Prices and Markets written by Takatoshi Ito and published by University of Chicago Press. This book was released on 2011-03 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fluctuations of commodity prices, most notably of oil, capture considerable attention and have been tied to important economic effects. This book advances our understanding of the consequences of these fluctuations, providing both general analysis and a particular focus on the countries of the Pacific Rim.

Economic Policy and the Great Stagflation

Author : Alan S. Blinder
Publisher : Elsevier
ISBN 13 : 1483264564
Total Pages : 244 pages
Book Rating : 4.4/5 (832 download)

DOWNLOAD NOW!

Book Synopsis Economic Policy and the Great Stagflation by : Alan S. Blinder

Download or read book Economic Policy and the Great Stagflation written by Alan S. Blinder and published by Elsevier. This book was released on 2013-09-11 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Policy and the Great Stagflation discusses the national economic policy and economics as a policy-oriented science. This book summarizes what economists do and do not know about the inflation and recession that affected the U.S. economy during the years of the Great Stagflation in the mid-1970s. The topics discussed include the basic concepts of stagflation, turbulent economic history of 1971-1976, anatomy of the great recession and inflation, and legacy of the Great Stagflation. The relation of wage-price controls, fiscal policy, and monetary policy to the Great Stagflation is also elaborated. This publication is beneficial to economists and students researching on the history of the Great Stagflation and policy errors of the 1970s.

Macroeconomics and the Real World: Volume 2: Keynesian Economics, Unemployment, and Policy

Author : Roger E. Backhouse
Publisher : OUP Oxford
ISBN 13 : 0191584800
Total Pages : 317 pages
Book Rating : 4.1/5 (915 download)

DOWNLOAD NOW!

Book Synopsis Macroeconomics and the Real World: Volume 2: Keynesian Economics, Unemployment, and Policy by : Roger E. Backhouse

Download or read book Macroeconomics and the Real World: Volume 2: Keynesian Economics, Unemployment, and Policy written by Roger E. Backhouse and published by OUP Oxford. This book was released on 2000-11-23 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the middle of twentieth century, economists have invested great resources into using statistical evidence to relate macroeconomic theories to the real world, and many new econometric techniques have been employed. In these two volumes, a distinguished group of economic theorists, econometricians, and economic methodologists examine how evidence has been used and how it should be used to understand the real world. Volume 1 focuses on the contribution of econometric techniques to understanding the macroeconomic world. It covers the use of evidence to understand the business cycle, the operation of monetary policy, and economic growth. A further section offers assessments of the overall impact of recent econometric techniques such as cointegration and unit roots. Volume 2 focuses on the labour market and economic policy, with sections covering the IS-LM model, the labour market, new Keynesian macroeconomics, and the use of macroeconomics in official documents (in both the USA and EU). These volumes will be valuable to advanced undergraduates, graduate students, and practitioners for their clear presentation of opposing perspectives on macroeconomics and how evidence should be used. The chapters are complemented by discussion sections revealing the perspectives of other contributors on the methodological issues raised.

Exchange Rate, Second Round Effects and Inflation Processes

Author : Eliphas Ndou
Publisher : Springer
ISBN 13 : 3030139328
Total Pages : 421 pages
Book Rating : 4.0/5 (31 download)

DOWNLOAD NOW!

Book Synopsis Exchange Rate, Second Round Effects and Inflation Processes by : Eliphas Ndou

Download or read book Exchange Rate, Second Round Effects and Inflation Processes written by Eliphas Ndou and published by Springer. This book was released on 2019-04-23 with total page 421 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the exchange rate pass-through (ERPT), second round effects and the inflation process in South Africa. The authors demonstrate that magnitudes of the second round effects of the exchange rate depreciation and oil price shocks depend on inflation regimes. The impact of positive oil price shocks on inflation is weakened by monetary policy credibility. Evidence shows the influence of oil price on unit labour costs and correlation between exchange rate changes and inflation has weakened. In addition, ERPT is reduced by low business and consumer confidence, high trade openness, low inflation and high exchange rate volatility which weaken real economic activity. Both monetary and fiscal policy credibility lowers the sizes of ERPT to inflation and inflation expectations. Fiscal policy via fuel levies, administered prices and public transport inflation channel impacts the responses of monetary policy to inflation shocks. The authors show that second round effects contribute very little to wage inflation following an exchange rate depreciation shock. Both lending rate and household consumption responds asymmetrical to repo rate changes. This book will appeal to policymakers, students, academics and analysts.

Nber Macroeconomics Annual 1997

Author : Ben S. Bernanke
Publisher : MIT Press
ISBN 13 : 9780262522427
Total Pages : 372 pages
Book Rating : 4.5/5 (224 download)

DOWNLOAD NOW!

Book Synopsis Nber Macroeconomics Annual 1997 by : Ben S. Bernanke

Download or read book Nber Macroeconomics Annual 1997 written by Ben S. Bernanke and published by MIT Press. This book was released on 1997 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Handbook of Energy Policy

Author : Farhad Taghizadeh-Hesary
Publisher : Springer Nature
ISBN 13 : 9811967784
Total Pages : 970 pages
Book Rating : 4.8/5 (119 download)

DOWNLOAD NOW!

Book Synopsis The Handbook of Energy Policy by : Farhad Taghizadeh-Hesary

Download or read book The Handbook of Energy Policy written by Farhad Taghizadeh-Hesary and published by Springer Nature. This book was released on 2023-04-29 with total page 970 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook of Energy Policy is a unique and novel reference for addressing the policy implications of energy demand and supply from their economic, political, social, planning, and environmental aspects. The Handbook of Energy Policy provides several studies from the global, regional, national, or local perspectives that are of wider policy significance. Studies provided in this book are of interest to the international organizations, governments, public and private sector entities, local communities, universities, research institutions, and other non-governmental organizations. Topics covered in the Handbook of Energy Policy are including energy security, energy poverty, energy finance, energy pricing, energy and environment, energy and sustainability, energy and growth, energy efficiency, energy trade, technological innovation and energy, energy transition, energy nexus studies, economics, and policy of fossil fuels, economics, and policy of renewable and green energies. The policy recommendations provided in all chapters are supported by a rigorous empirical or theoretical analysis.

The Changing Face of Imperialism

Author : Sunanda Sen
Publisher : Taylor & Francis
ISBN 13 : 1351184792
Total Pages : 378 pages
Book Rating : 4.3/5 (511 download)

DOWNLOAD NOW!

Book Synopsis The Changing Face of Imperialism by : Sunanda Sen

Download or read book The Changing Face of Imperialism written by Sunanda Sen and published by Taylor & Francis. This book was released on 2018-01-02 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume reiterates the relevance of imperialism in the present, as a continuous arrangement, from the early years of empire-colonies to the prevailing pattern of expropriation across the globe. While imperialism as an arrangement of exploitation has sustained over ages, measures deployed to achieve the goals have gone through variations, depending on the network of the prevailing power structure. Providing a historical as well as a conceptual account of imperialism in its ‘classical’ context, this collection brings to the fore an underlying unity which runs across the diverse pattern of imperialist order over time. Dealing with theory, the past and the contemporary, the study concludes by delving into the current conjuncture in Latin America, the United States and Asia. The Changing Face of Imperialism will provide fresh ideas for future research into the shifting patterns of expropriation – spanning the early years of sea-borne plunder and the empire-colonies of nineteenth-century to contemporary capitalism, which is rooted in neoliberalism, globalization and free market ideology. With contributions from major experts in the field, this book will be a significant intervention. It will be of interest to scholars and researchers of economics, politics, sociology and history, especially those dealing with imperial history and colonialism.

Macroeconomic Effects of Reforms on Three Diverse Oil Exporters: Russia, Saudi Arabia, and the UK

Author : Samya Beidas-Strom
Publisher : International Monetary Fund
ISBN 13 : 1498320503
Total Pages : 66 pages
Book Rating : 4.4/5 (983 download)

DOWNLOAD NOW!

Book Synopsis Macroeconomic Effects of Reforms on Three Diverse Oil Exporters: Russia, Saudi Arabia, and the UK by : Samya Beidas-Strom

Download or read book Macroeconomic Effects of Reforms on Three Diverse Oil Exporters: Russia, Saudi Arabia, and the UK written by Samya Beidas-Strom and published by International Monetary Fund. This book was released on 2019-10-11 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: We build and estimate open economy two-bloc DSGE models to study the transmission and impact of shocks in Russia, Saudi Arabia and the United Kingdom. After accounting for country-specific fiscal and monetary sectors, we estimate their key policy and structural parameters. Our findings suggest that not only has output responded differently to shocks due to differing levels of diversification and structural and policy settings, but also the responses to fiscal consolidation differ: Russia would benefit from a smaller state foot-print, while in Saudi Arabia, unless this is accompanied by structural reforms that remove rigidities, output would fall. We also find that lower oil prices need not be bad news given more oil-intensive production structures. However, lower oil prices have hurt these oil producers as their public finances depend heavily on oil, among other factors. Productivity gains accompanied by ambitious structural reforms, along with fiscal and monetary reforms could support these economies to achieve better outcomes when oil prices fall, including via diversifying exports.

Computational Methods in Economic Dynamics

Author : Herbert Dawid
Publisher : Springer Science & Business Media
ISBN 13 : 3642169430
Total Pages : 217 pages
Book Rating : 4.6/5 (421 download)

DOWNLOAD NOW!

Book Synopsis Computational Methods in Economic Dynamics by : Herbert Dawid

Download or read book Computational Methods in Economic Dynamics written by Herbert Dawid and published by Springer Science & Business Media. This book was released on 2011-03-23 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is centered around the issue of market design and resulting market dynamics. The economic crisis of 2007-2009 has once again highlighted the importance of a proper design of market protocols and institutional details for economic dynamics and macroeconomics. Papers in this volume capture institutional details of particular markets, behavioral details of agents' decision making as well as spillovers between markets and effects to the macroeconomy. Computational methods are used to replicate and understand market dynamics emerging from interaction of heterogeneous agents, and to develop models that have predictive power for complex market dynamics. Finally treatments of overlapping generations models and differential games with heterogeneous actors are provided.

The Great Inflation

Author : Michael D. Bordo
Publisher : University of Chicago Press
ISBN 13 : 022604355X
Total Pages : 545 pages
Book Rating : 4.2/5 (26 download)

DOWNLOAD NOW!

Book Synopsis The Great Inflation by : Michael D. Bordo

Download or read book The Great Inflation written by Michael D. Bordo and published by University of Chicago Press. This book was released on 2013-06-28 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.