... influenced by the degree of credibility of the announcement ofthe wage policy authori- 3 The cause ofthe increase in production potential is ir-relevant for the further analysis. The increase ... against the background ofthe new eco-nomic setup in the euro area: While there is a single monetary policy, other areas ofeconomic policy are left to policy makers at the national level. There ... macroeconomic policy coordination. 3.2 The Netherlands: Success by Consensus In the eighties and nineties, the macroeconomic performance ofthe Netherlands was signifi-cantly better than the...
... than the GDP decline in the other group. The reactions ofthe other variables to a monetary policy shock are essentially the same. A third important characteristic ofthe financial system is the ... for these countries the existence of cointegration could not be rejected. We therefore specify the VAR models in the level ofthe variables. Nevertheless, we neither impose the number of cointegrating ... value of unity to those countries where we expected a large reaction to monetary policy shocks on the basis of this criterion. We then constructed an index ofthe expected effects of monetary policy...
... issues relating to the translation ofthe terms. Firstly is the great usefulness ofthe methods ofthe translation of technical terms and Neologisms in the translation ofthe economic terms in ... on1Rationale ofthe study12 Scope ofthe study 13 Aims ofthe study 24 Methods ofthe study 25 Design ofthe study 3Par t II: Developmen tCh apter I : The oreti cal backgro und1. 1 Translation theory ... how the action ofthe Thing is carried out. The translators are then to find the lexical equivalent for the lexical items ofthe compound. The next step for the translator to do is to put these...
... picture of the underlying inflation trend. The rate of change ofthe core CPI is one ofthe key measures of inflation for the US economy. Inflationary pressure is generated when the core ... spending spurs corporate profits and benefits the stock market. Source: The Bureau ofEconomic Analysis ofthe Department of Commerce. Availability: First business day ofthe month at 8:30am ... expenditures on investment goods reduces the prospect of inflation. Source: The Census Bureau ofthe Department of Commerce. Availability: Around the 26th ofthe month at 8:30am ET. Data for month...
... are grown up a lot.Morever, the growth of economy has given a lot of advantages by making people richer, healther, and freer to enjoy their lives.I always pride of my city whenever I talk about...
... Change in the EFILevel ofthe EFILevel ofthe EFILevel ofthe EFILevel of a version ofthe EFI with different weightsLevel ofthe Scully-Slottje economic freedom indexLevel ofthe Scully-Slottje economic ... In the final section, Inote some ofthe avenues for further research that these and related questions suggestmight be worthwhile. The Importance ofEconomic Freedom Economic GrowthThat economic ... and economic freedom (in the form ofthe Scully-Slottje index) affect economic convergence, and they find economic freedom, of all the variables they studied, to have the strongest effect.13As...
... the 60s to -9.2in the 70s; Iran'sfellfrom 11.3 to 2.5, comparing the same two periods. I do not thinkweneed to look to economic theory foran account of either of these declines. There ... the growth ofthe U.S.economy, and of other advanced economies as well. I take success at this levelto be a worthy objective for the theory of economic development.3. Neoclassical growth theory: ... contrast to the model of section2)has not been fullyanalyzed in the literature. The text gives a self-contained derivation ofthe main features of balanced paths. The treatment of behavior off balanced...
... scrutiny of the courts? What is the use of courts, if you cannot access them? . . . The response ofthe government and the House of Lords to the chorus of crit-icism of clause 11 will produce the ... however the creation of SouthAfrican judges. Rather, it was the product ofthe hub ofthe Common-wealth – the United Kingdom – and ofthe way in which legal education,under the influence of John ... they are maintaining the rule of law in exceptionalsituations, they make things worse not better from the perspective of asubstantive conception ofthe rule of law. For they maintain that they...
... however the creation of SouthAfrican judges. Rather, it was the product ofthe hub ofthe Common-wealth – the United Kingdom – and ofthe way in which legal education,under the influence of John ... adopt the stance of prudence and who fail to uphold the rule of law now for the sake of the rule of law in the long term will not say that on this occasion the executiveis acting outside ofthe ... article does the important service of bringing out from the shadow of Liversidge the judgments ofthe majority ofthe House of Lordsfrom the First World War in Halliday on which the majority...
... to the crises, on the one hand, and the resilience or otherwise of specific national economies to the crises on the other hand. The size ofthe fiscal stimulus packages of countries in the ... Increase in the deficit The economic crisis led to a dramatic increase in the deficit. The deficit of 2009 was nearly six times the size of that of 2008, and it continued to increase in 2010. The revenue ... business profits and the government’s tax revenue. The government’s response to the crisisAt the end of 2008 the Chinese government introduced a set of measures to stimulate the economy. These...
... to increase the sensitivity of loan supply to changes in monetary policy, therebystrengthening the importance ofthe lending channel. The second set of regulatory changes affecting the lending ... quarters of data, the power ofthe statistical test is low. Nonetheless, the results are broadlyconsistent with the simple model from the previous section. Moreover, the evidence highlights the fact ... ignoring the differing responses of constrained and unconstrained banks potentially can affect the size of the impact of monetary policy on the economy and the ability to findevidence of an operational...
... reauthorization ofthe surface transportation program and the creation of a National Infrastructure Bank. In support of this commitment, the Department ofthe Treasury, with the Council ofEconomic ... conditions); the higher the TTI index, the larger the share of peak travel time that is subject to congestion. The TTI is independent ofthe total amount of peak travel – it simply measures the fraction ... can then be used to rank locations along a sliding scale. The Department of Transportation recommends using a variety of values of time to evaluate the economic costs, depending on whether the...
... while others covered studies of various types of interventions, including economic, for obesity. However, none of them presents specific findings about a set of studies ofthe impact ofeconomic ... and the contents are the responsibility ofthe authors. They do not necessarily reflect the official policies of WHO/Europe. The reports were subjected to international review, managed by the ... will depend on how they affect the range of prices across brands of alcoholic products (28). A recent extensive review found that the majority oftheeconomic research examining the relationships...