Download or read book Brookings Papers on Economic Activity 2001 written by William C. Brainard and published by Brookings Institution Press. This book was released on 2002-01-01 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: For almost thirty years, Brookings Papers on Economic Activity (BPEA) has provided academic and business economists, government officials, and members of the financial and business communities with timely research of current economic issues.BPEA 2: 2001Contents include: ¡°Why Doesn¡¯t the United States Have a European-Style Welfare State?¡±Alberto Alesina and Edward Glaeser (Harvard University) and Bruce Sacerdote (Dartmouth College)¡°From Reunification to Economic Integration: Productivity and the Labor Market in Eastern Germany¡±Michael C. Burda (Humboldt University, Berlin) and Jennifer Hunt (University of Montreal)¡°The Great Recession: Lessons for Macroeconomic Policy from Japan¡± Kenneth N. Kuttner (Federal Reserve Bank of New York) and Adam S. Posen (Institute for International Economics)¡°The Consumption Risk of the Stock Market¡±Jonathan A. Parker (Princeton University)
Download or read book Monetary Policy Alternatives at the Zero Bound written by Ben S. Bernanke and published by www.bnpublishing.com. This book was released on 2009-03 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The success over the years in reducing inflation and, consequently, the average level of nominal interest rates has increased the likelihood that the nominal policy interest rate may become constrained by the zero lower bound. When that happens, a central bank can no longer stimulate aggregate demand by further interest-rate reductions and must rely on "non-standard" policy alternatives. To assess the potential effectiveness of such policies, we analyze the behavior of selected asset prices over short periods surrounding central bank statements or other types of financial or economic news and estimate "noarbitrage" models of the term structure for the United States and Japan. There is some evidence that central bank communications can help to shape public expectations of future policy actions and that asset purchases in large volume by a central bank would be able to affect the price or yield of the targeted asset.
Download or read book Economic Growth and Convergence written by Robert J. Barro and published by . This book was released on 1994 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Accelerating China s Rural Transformation written by Albert Nyberg and published by World Bank Publications. This book was released on 1999-01-01 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: QUOTE...two issues remain central to the [Chinese] government's rural development objectives: food security and poverty alleviation. China has made remarkable progress in meeting these goals: the economy, including the rural sector, has grown at phenomenal rates during the reform period.QUOTEWhile China's rural products, input, labor, and land markets are improving, they remain nascent. China still needs to foster several critical institutions, such as an effective fiscal system, a more efficient rural financial system, a workable land tenure arrangement, and a revamped trade and investment environment for agriculture. The primary purpose of this report is to identify and consolidate information on these crucial issues that impact on rural development in China. This report assesses strategic options from the perspective of efficiency, equitable development, and growth. It is intended to assist government officials and World Bank staff to prioritize policy and institutional reforms and public investment decisions in the rural sector.
Download or read book Reform Recovery and Growth written by Rudiger Dornbusch and published by University of Chicago Press. This book was released on 2007-12-01 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: The debt crisis of 1982 caused serious economic disruptions in most developing countries. Reform, Recovery, and Growth explains why some of these countries have recovered from the debt crisis, while more than a decade later others continue to stagnate. Among the questions addressed are: What are the requirements for a stabilization policy that reduces inflation in a reasonable amount of time at an acceptable cost? What are the effects of structural reforms, especially trade liberalization, deregulation, and privatization, on growth in the short and long runs? How do macroeconomic instability and adjustment policies affect income distribution and poverty? How does the specific design of structural adjustment efforts affect results? In this companion to Macroeconomics of Populism in Latin America, the authors confirm that macroeconomic stability has a positive effect on income distribution. The volume presents case studies that describe in detail the stabilization experiences in Brazil, Israel, Argentina, and Bolivia, and also includes discussion of Chile, Mexico, Peru, and Turkey.
Download or read book Evaluation Forum written by and published by . This book was released on 1993 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Youth and the Postindustrial Future written by and published by . This book was released on 1997 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 1996-01-01 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on the flexibility of the labor market and the evidence regarding the wage and employment effects of trade reform are discussed next. The last part of the paper identifies a variety of issues that may require further investigation.
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.
Download or read book Reconcilable Differences written by C. Fred Bergsten and published by Peterson Institute for International Economics. This book was released on 1993 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Technical Progress and Economic Growth written by Ranald J. Taylor and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This innovative book accumulates the various, and often conflicting, growth theories, which enable a greater understanding of growth processes in the developing world. It will be of interest to students of development studies, Asia studies and public policy, as well as to research scholars and practitioners, including government officials and policymakers."--BOOK JACKET.
Download or read book Trade Flows and Trade Policy After 1992 written by L. Alan Winters and published by Cambridge University Press. This book was released on 1992 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: A major re-appraisal of the effect of '1992' on trade among EC member states and with the rest of the world.
Download or read book The Flexible Economy written by Tony Killick and published by Routledge. This book was released on 2005-07-18 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: The accelerating pace of global change demands that economies must be adaptable. Economies which are flexible flourish, as in Eastern Asia. Inflexible economies stagnate, as in Eastern Europe and Africa. However even though adaptability governs the long-term progress of economies, economists have had little to say about the nature and determinants of economic flexibility. This book redresses that situation. A prestigious team of contributors address the key theoretical and empirical issues, using a wide range of country studies.
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
Download or read book Monthly Labor Review written by and published by . This book was released on 2005 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.
Download or read book Nominations of Martin Neil Baily PH D John D Hawke Jr Deborah Dudley Branson Marianne C Spraggins Sheila A Smith Steven M Hays Charles L Marinaccio Albert J Dwoskin and Anthony Scallon written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 1995 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Evolution and Structure written by Frederic L. Pryor and published by Cambridge University Press. This book was released on 1996 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pryor follows the theme of structural complexity through many different subdisciplines of economics to show how the US economy has evolved.
