Download or read book Three Essays on North American Monetary Union written by Rosmy Jean Louis and published by Library and Archives Canada = Bibliothèque et Archives Canada. This book was released on 2004 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on the Regional Economics of Monetary Union written by George William Hammond and published by . This book was released on 1994 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on Monetary Union in West Africa written by Toyimi Médès Frida Adjalala and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter 1- How well-off or worse-off a country can be by joining a currency union in the presence of structural heterogeneity and idiosyncratic shocks? In light of the proposed creation of a currency union for the Economic Community of the West African States (ECOWAS), we develop a three-region DSGE model to explore the question. We divide the ECOWAS into three regions-Nigeria, the existing WAEMU (West-African Economic Monetary Union), and the rest. Considering two monetary regimes (monetary union and monetary independence), we assess the heterogeneity in the responses to country-specific productivity and terms-of-trade shocks in these two regimes, as well as the costs related to the loss of monetary independence. Our results indicate that shocks hitting a given region generate cross-border spillover effects, whose sign and magnitude depend not only on the nature of the disturbance but also on its origin and on the monetary policy regime considered. Moreover, the propagation of shocks across regions is magnified under the monetary union regime. Shocks hitting Nigeria's economy tend to have a more destabilizing effect on the other regions, especially when they are inside the union. Our results also suggest that the proposed monetary union for the ECOWAS region can potentially lead to welfare improvement for all the members, but the magnitude of the welfare gain is relatively small. Chapter 2- In this chapter, we develop a multi-region New-Keynesian Dynamic Stochastic General Equilibrium (DSGE) of the West-African countries to provide a quantitative analysis of intergovernmental fiscal transfers in the context of the proposed creation of a monetary union. We assess the potential role of fiscal transfers in the stabilization of business cycle fluctuations in the projected monetary union in the presence of idiosyncratic shocks. Starting from a baseline scenario with no fiscal transfers among the regions, we analyze the dynamic and welfare impacts of full and partial fiscal equalization schemes with nominal tax revenue sharing within the union. We consider adverse productivity and term-of-trade shocks. Our simulation results suggest that the transfer mechanism is an efficient stabilizing tool. However, the stabilization property of the fiscal transfer system hinges upon the full or partial nature of the compensation system. Moreover, the ability of the transfer system to absorb the negative effects of idiosyncratic shocks depends not only on the type of shock but also on the size of the region directly affected. Chapter 3- We analyze in this chapter the macroeconomics effects of fiscal policy shocks in the Economic Community of West African States (ECOWAS). To that end, we use a Global Vector Autoregression (GVAR) model, which allows us to assess both the within country and the cross borders spillover effects of the fiscal shocks. For the dynamic analysis, we consider negative country-specific public spending and revenue shocks affecting Nigeria as well as regional public spending and revenue shocks affecting two groups of countries in the area, namely the West African Economic and Monetary Union (WAEMU) and the Rest of ECOWAS (RECOWAS). We provide evidence of considerable cross-country heterogeneity in fiscal spillovers; for instance, spillovers are high for fiscal shocks affecting Nigeria, while the cross-border spillover effects on Nigeria are weak for shocks affecting WAEMU and RECOWAS. Our results also suggest that fiscal policy is very relevant in stimulating real output in each of the ECOWAS countries but limited for the cross-country output stimulation.
Download or read book Monetary Integration written by Warner Max Corden and published by Princeton, N.J. : International Finance Section, Princeton University. This book was released on 1972 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Model Rules of Professional Conduct written by American Bar Association. House of Delegates and published by American Bar Association. This book was released on 2007 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.
Download or read book Three Essays in Search of a Conversation written by Sherman Lewis and published by Hayward Area Planning Association. This book was released on 2022-08-27 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: These essays are for Americans concerned about the future of our country and for policy wonks. By and large, the political process is controlled by those who take an intertest in politics, large in number but small as a percent of population. Are you a member of the political class? Membership is voluntary. Our first 800 years of thinking: science culture and empathy from the Enlightenment ~1600 to ~ 2400 The Crisis of the Anthropocene: The most comprehensive description of all issues of the crisis in less than 100 pages. For the purpose of going through your mind to influence your brain. Musings on our Present Discontent: America, not advanced, not a democracy. Right to life for baby; right to choose for mom. Taxation. The security of a free state. Issues not discussed. The threat from within, Trumpism. The threat from without: Putinism. How to participate. Renewal.
Download or read book Essays In The Fundamental Theory Of Monetary Economics And Macroeconomics written by John Smithin and published by World Scientific Publishing Company. This book was released on 2013-06-27 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive overview, in the form of eight long essays, of the evolution of monetary theory over the three-quarters of century, from the time of Keynes to the present day. The essays are originally based on lecture notes from a graduate course on Advanced Monetary Economics offered at York University, Toronto, written in the style of academic papers. The essays are mathematical in method — but also take a historical perspective, tracing the evolution of monetary thought through the Keynesian model, the monetarist model, new classical model, etc, up to and including the neo-Wickesellian models of the early 21st century. The book will be an essential resource for both graduate and advanced undergraduate students in economics, as well as for individual researchers seeking basic information on the theoretical background of contemporary debates.
Download or read book Census of Business written by United States. Bureau of the Census and published by . This book was released on 1967 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays on the Great Depression written by Ben S. Bernanke and published by Princeton University Press. This book was released on 2024-01-09 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the Nobel Prize–winning economist and former chair of the U.S. Federal Reserve, a landmark book that provides vital lessons for understanding financial crises and their sometimes-catastrophic economic effects As chair of the U.S. Federal Reserve during the Global Financial Crisis, Ben Bernanke helped avert a greater financial disaster than the Great Depression. And he did so by drawing directly on what he had learned from years of studying the causes of the economic catastrophe of the 1930s—work for which he was later awarded the Nobel Prize. Essays on the Great Depression brings together Bernanke’s influential work on the origins and economic lessons of the Depression, and this new edition also includes his Nobel Prize lecture.
Download or read book Essays in Honor of M Hashem Pesaran written by Alexander Chudik and published by Emerald Group Publishing. This book was released on 2022-01-18 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: The collection of chapters in Volume 43 Part A of Advances in Econometrics serves as a tribute to one of the most innovative, influential, and productive econometricians of his generation, Professor M. Hashem Pesaran.
Download or read book Oregon Blue Book written by Oregon. Office of the Secretary of State and published by . This book was released on 1919 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book American Doctoral Dissertations written by and published by . This book was released on 1998 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book 7000 7999 Social sciences 8000 8999 Natural sciences 9000 9999 Technology written by Princeton University. Library and published by . This book was released on 1920 with total page 696 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Nation written by and published by . This book was released on 1875 with total page 682 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Person and Self Value written by Max Scheler and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the mysterious powers and forces peculiar to both individual and community that can turn our lives into either good or bad lives, I wish to point to two such powers being at the same time different in their own nature and yet closely related to each other: The powers that emerge from exemplary persons and leaders. Understood as basic to both sociology and the philosophy of history, it comes to us as no surprise that the problem of exemplary persons and leaders - along with the questions of the qualities types, selections and education of leaders; forms of unison existing be tween leaders and their followers, all of which belonging to the subdivisions of this problem - must be a burning problem for a people whose historical leaders from all walks of life have, in part, been swept away by wars and revolutions. This fact we also find in all salient epochs of history characterized more or less by changes in leadership. It is precisely for this reason that in our own time every group appears to struggle ever so hard with this problem, namely, who their leaders should be. This pertains equally to a group within a party, to a class, to occupations, to unions, to various schools or present-day youth movements, and even to religious and ecclesias tical groupings. Beyond any comparison, there is yearning everywhere for lead ership.
Download or read book Encounters with the Archdruid written by John McPhee and published by Farrar, Straus and Giroux. This book was released on 1977-10-01 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: The narratives in this book are of journeys made in three wildernesses - on a coastal island, in a Western mountain range, and on the Colorado River in the Grand Canyon. The four men portrayed here have different relationships to their environment, and they encounter each other on mountain trails, in forests and rapids, sometimes with reserve, sometimes with friendliness, sometimes fighting hard across a philosophical divide.
Download or read book No Single Currency Regime is Right for All Countries Or at All Times written by Jeffrey A. Frankel and published by Princeton University International Finance Section, Department of Econmics. This book was released on 1999 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This essay considers some prescriptions that are currently popular regarding exchange rate regimes: a general movement toward floating, a general movement toward fixing, or a general movement toward either extreme and away from the middle. The whole spectrum from fixed to floating is covered (including basket pegs, crawling pegs, and bands), with special attention to currency boards and dollarization. One overall theme is that the appropriate exchange rate regime varies depending on the specific circumstances of the country in question (which includes the classic optimum currency area criteria, as well as some newer criteria related to credibility) and depending on the circumstances of the time period in question (which includes the problem of successful exit strategies). Latin American interest rates are seen to be more sensitive to US interest rates when the country has a loose dollar peg than when it has a tight peg. It is also argued that such relevant country characteristics as income correlations and openness can vary over time, and that the optimum currency area criterion is accordingly endogenous.
