2endogenous growth and the business cycle
Banks’ regulatory capital buffer and the business cycle: evidence for German savings and cooperative banks pot
... strongly over the business cycle than lending by cooperative banks The effect of the business cycle on capital and risk-weighted assets taken together explains why the effect of the business cycle on ... the positive trend in the data series, is dampened in business cycle upturns and boosted in business cycle downturns Hence, the idea behind this specification is that the effect of business cycle ... combined measure of the business cycle and the economic trend, we additionally use the real output gap, which isolates the business cycle from the economic trend We calculate the output gap by...
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REAL WAGES AND THE BUSINESS CYCLE: ACCOUNTING FOR WORKER AND FIRM HETEROGENEITY potx
... Wage Cushion and the Business Cycle Here we examine the extent to which contractual wages, on the one hand, and firm-specific wage arrangements, in the form of the wage cushion, on the other, are ... retain the last two estimates of α and use the three data points to adjust the trajectory of the estimates for the fixed effects The estimation routines for the OLS coefficients, standard errors, and ... in Stata and discussed in Guimarães and Portugal (2009) Estimation of the standard error associated with the cycle variable Estimation of the standard error associated with the variable cyclet...
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World economic and financial surveys world economic outlook IMF housing and the business cycle apr 08
... adjustment, on the other hand, could fuel Outlook and Risks for the Global Economy The spreading crisis in financial markets has further dampened the global outlook since the publication of the January ... growth implied by the distribution of outcomes (the probability density) shown in the fan chart and the central forecast for global GDP growth This difference and the extent of asymmetry in the ... Data for China, India, Pakistan, and Russia are interpolated downturn in the United States and western Europe The chapter then discusses the risks to the outlook and the policy implications Financial...
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phillips - banking and the business cycle; a study of the great depression in the u. s. (1937)
... Factors in Business Cycles, p 4 BANKING AND THE BUSINESS CYCLE chain of causation and explains the origin of the boom; the structural view, with its emphasis upon the changes in the structure ... scale The table on page 32 summarizes the growth of loans and BANKING AND THE BUSINESS CYCLE 32 investments in the banking system, 1914-1920, and also reveals the dominant part played by the member ... of the whole product of industry to enable them to buy the things they have produced." The present apparent need is not for the propagating of novel theories, but rather for the orienting and...
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banking and the business cycle
... Factors in Business Cycles, p 4 BANKING AND THE BUSINESS CYCLE chain of causation and explains the origin of the boom; the structural view, with its emphasis upon the changes in the structure ... scale The table on page 32 summarizes the growth of loans and BANKING AND THE BUSINESS CYCLE 32 investments in the banking system, 1914-1920, and also reveals the dominant part played by the member ... of the whole product of industry to enable them to buy the things they have produced." The present apparent need is not for the propagating of novel theories, but rather for the orienting and...
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Monetary policy inflation and the business cycle
... Background: Real Business Cycle (RBC) Theory and Classical Monetary Models During the years following the seminal papers of Kydland and Prescott (1982) and Prescott (1986), RBC theory provided the main ... macroeconomics The effort of many researchers to understand the relationship between monetary policy, inflation, and the business cycle has led to the development of a framework the so-called New ... Monetary Policy, Inflation, and the Business Cycle This page intentionally left blank Monetary Policy, Inflation, and the Business Cycle An Introduction to the New Keynesian Framework Jordi...
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Beyond the Business Cycle: The Need for a Technology-Based Growth Strategy potx
... across the phases of the R&D cycle relative to the distribution that minimizes R&D cycle time (time to innovation) and maximizes innovation output, and (3) the organization of R&D relative to the ... paying—but, they must be sustained over entire technology life cycles The Wrong Growth Model The Black-Box Model With respect to the “composition” and “efficiency” dimensions of the R&D cycle, a ... output Multifactor productivity growth measures the extent to which output growth has exceeded the growth in inputs, and reflects the joint influences on economic growth of a variety of factors,...
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Báo cáo y học: " Distinguishing between linear and exponential cell growth during the division cycle: Single-cell studies, cell-culture studies, and the object of cell-cycle research" ppsx
... all of the growth patterns of the individual components, the growth law would be the weighted sum of these growth patterns As the cytoplasm is by far the major component, the other parts of the ... random occasions, usually family gatherings When measuring time occurs the grandchildren stand against the board, a line is drawn at the top of their head, and the date of the line is noted The ... of the rates of length growth The difference between successive length measurements was taken from the unsmoothed data and these differences were then smoothed by the 'rsmooth' command of the...
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Preparing for renewed growth setting strategy for IT and the business
... what they thought was important and what they said they were willing to pay for,” explains Ms Coffey The Allstate IT and business people who attended the focus groups heard the same feedback, and ... make money The second is that they understand how to operate within their companies’ cultures And the third is that they are not in love with technology for its own sake—they not let themselves ... not doing this through some mere mapping of their activities to a business plan; instead, they are putting themselves, and their people, where the business decisions are being made © Economist...
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Tài liệu The Economic Promise of Investing in High-Quality Preschool: Using Early Education to Improve Economic Growth and the Fiscal Sustainability of States and the Nation pptx
... Furthermore, states should welcome a diverse set of providers that meet quality standards and the needs of the parents and communities they serve Business leaders should advocate preschool and ... childhood education and care can also improve the employment situation of their mothers The Abecedarian program and other early childhood intervention programs show that participants’ mothers are more ... implementation site, and also among families within a single program site.190 The intensity of the services provided, the skills of the home visitors, and the content of the home visiting curriculum...
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Tài liệu Báo cáo khoa học: Dimer asymmetry and the catalytic cycle of alkaline phosphatase from Escherichia coli doc
... affinity of the subunits for the substrate (KS1 and KS2) and for Pi (KI1 and KI2), presented in Table and Table 2, respectively, are independent of the Zn2+ ion concentration In order to support the ... constants KI1 and KI2, describing the affinity for Pi, differ less than constants KS1 and KS2 Therefore, the dimer with the substrate bound to the high affinity subunit (21) is more stable than the dimer ... subunits and If the ligand concentration is higher than that of the substrate, the conformational change occurs more often, enhancing the overall reaction velocity The catalytic path A, active in the...
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Tài liệu Báo cáo Y học: Evolution of the enzymes of the citric acid cycle and the glyoxylate cycle of higher plants pdf
... localized in the cytosol [32,33] Here we investigate the evolution of the enzymes of the pyruvate dehydrogenase (PDH) complex, the tricarboxylic acid cycle, and the glyoxylate cycle by examining the individual ... into the origin of its individual enzymes However, the study of the enzymes of the tricarboxylic acid cycle necessarily also entails the study of the several enzymes involved in the glyoxylate cycle ... a-proteobacterial, homologues (MDH, CS and aconitase in the tricarboxylic acid cycle, and all of the enzymes of the glyoxylate cycle There are two general patterns among the Ôeubacterial but not speci®cally...
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Credit Growth and the Effectiveness of Reserve Requirements and Other Macroprudential Instruments in Latin America pdf
... against the wind”: (i) raising RRs during the upswing phase of the cycle to contain excessive credit growth and the associated build up of vulnerabilities and (ii) lowering them during the downswing ... Colombia, and Peru 24 The cumulative dummy captures changes in the rates of the RRs and therefore, facilitates the comparison of changes to the RR regime across countries However, the variable ... Agénor and others (2012), IMF (2011), and Ostry and others (2011) 10 Agénor and others (2012) show in a small open economy DSGE model how a moderate use of macroprudential policies (in their case...
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Assessing and Managing Rapid Credit Growth and the Role of Supervisory and Prudential Policies docx
... to the borrower, the purpose and use of the loans, their sectoral composition and concentration, the currency denomination, and the maturity and other conditions of the loans In terms of the ... borrower and to have information on the purpose, use, and specific features of the loans All these aspects are relevant to assess the risks and to determine the best policy response, since the magnitude ... of banks and borrowers, the availability of hedging instruments, and the extent to which banks and borrowers use these instruments to cover their exchange and interest rate risks Box further discusses...
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The Snowball: Warren Buffett and the Business of Life docx
... grandchildren bounced on their heels as the pilots unloaded the luggage, tennis rackets, and Buffett’s red -and- white Coca-Cola golf bag into the SUVs Then he and the others shook hands with the pilots, said ... name He lined them up on the flat edge at the back of the tub Then he clicked the stopwatch just as he swept the marbles into the water They raced down the porcelain slope, clicking and rattling, ... sit between the two of them, and they’d sort of vie for my attention and try to sell me that they were right They didn’t like each other, so they wouldn’t talk to each other, but they would talk...
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Being Born Under Adverse Economic Conditions Leads to a Higher Cardiovascular Mortality Rate Later in Life: Evidence Based on Individuals Born at Different Stages of the Business Cycle pdf
... analyses and additional results The effect of the timing of the birth in the year and the business cycle around the birth year The first column of Table presents estimates of the PH model where the ... Fellman and Eriksson (2006) 19 birth year cohort changes with the cyclical indicator of the business cycle at birth Their data are from the Netherlands and contain the social class of the parents ... Funen, or Jutland, where it should be noted that the islands of Lolland and Bornholm are included in Zealand, and Jutland is the only part of the country belonging to mainland Europe), and we also...
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Working Paper No. 446 The business cycle implications of banks’ maturity transformation potx
... output, and inflation The reduction in inflation increases the real value of banks’ nominal assets and banks are therefore better off on impact However, the fall in the demand for capital and the associated ... March 2012 13 the other firms have to demand the remaining amount of capital to ensure equilibrium in the capital market The fact that the capital-labour ratio is the same across firms further implies ... notably the well-known studies by Kiyotaki and Moore and Bernanke, Gertler and Gilchrist have studied the role of financial frictions, they did so without explicitly modelling the behaviour of the...
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Economic Growth and the Unemployment Rate pptx
... periods of instability in the relationship between the rates of economic growth and unemployment.17 Some of the variation may be due to the stage of the business cycle, with the rule of thumb perhaps ... each new addition to the labor force is employed, growth in output will equal growth in the labor supply If the rate of GDP growth falls below the rate of labor force growth, there will not be enough ... examines the long-run relationship between the two economic variables and then narrows its focus to the periods of recovery from the postwar recessions The Relationship Between Growth and Unemployment...
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Accounting and the Business Environment pot
... for Business Transactions Other transactions that took place were as follows: The business collected $1,000 from the client She sold some land at cost for $9,000 She withdrew $2,000 from the business ... using same data The Cost Principle Assets and services acquired should be recorded at their actual cost The Going Concern Concept The entity will continue to operate in the future The Stable-Monetary-Unit ... Accounting for Business Transactions What is a transaction? It is any event that both affects the financial position of the business and can be reliably recorded Accounting for Business Transactions...
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Tìm thêm: xác định các mục tiêu của chương trình khảo sát chương trình đào tạo gắn với các giáo trình cụ thể xác định thời lượng học về mặt lí thuyết và thực tế tiến hành xây dựng chương trình đào tạo dành cho đối tượng không chuyên ngữ tại việt nam điều tra đối với đối tượng giảng viên và đối tượng quản lí điều tra với đối tượng sinh viên học tiếng nhật không chuyên ngữ1 khảo sát các chương trình đào tạo theo những bộ giáo trình tiêu biểu nội dung cụ thể cho từng kĩ năng ở từng cấp độ xác định mức độ đáp ứng về văn hoá và chuyên môn trong ct mở máy động cơ lồng sóc mở máy động cơ rôto dây quấn các đặc tính của động cơ điện không đồng bộ đặc tuyến hiệu suất h fi p2 đặc tuyến mômen quay m fi p2 đặc tuyến tốc độ rôto n fi p2 đặc tuyến dòng điện stato i1 fi p2 sự cần thiết phải đầu tư xây dựng nhà máy thông tin liên lạc và các dịch vụ từ bảng 3 1 ta thấy ngoài hai thành phần chủ yếu và chiếm tỷ lệ cao nhất là tinh bột và cacbonhydrat trong hạt gạo tẻ còn chứa đường cellulose hemicellulose chỉ tiêu chất lượng theo chất lượng phẩm chất sản phẩm khô từ gạo của bộ y tế năm 2008