... International Financial Crisis Back from the Brink Christina D Romer* CouncilofEconomicAdvisers The anniversary of the collapse of Lehman Brothers has spurred countless speeches, newspaper articles, ... ago, the CouncilofEconomicAdvisers (2009a) reported that approximately US$63 billion of 15 The US$787 billion figure is from the Congressional Budget Office (2009) Adding their estimate of the ... from the U.S Bureau of the Census (http://www census.gov/retail/marts/www/retail.html) For an analysis of the effects of the “Cash for Clunkers” program, see CouncilofEconomicAdvisers (2009c)...
... terms of this growing sense of a wider social obli- The republic of letters 31 gation that we must locate Dena Goodman’s description of the ‘seriousness of purpose’ of the Enlightenment republic of ... communication of intelligence hourly gratifies’.21 The attempts of authors (many of whom were involved in the ‘great national events’ of the day) to insist on the central importance of a particular type of ... terms of this other field of politics as well – what Fraser describes as a politics of distinction The critical challenge is less one of selecting an alternative definition of ‘the political’ than of...
... communication of intelligence hourly gratifies’.21 The attempts of authors (many of whom were involved in the ‘great national events’ of the day) to insist on the central importance of a particular type of ... terms of this other field of politics as well – what Fraser describes as a politics of distinction The critical challenge is less one of selecting an alternative definition of ‘the political’ than of ... question of who could lay claim to literary authority Central to these revisions of Habermas’s account of eighteenthcentury print culture is the question of his sense of the cultural location of the...
... other documentation of all auditors of components of the group 22 4 SUPERVISION The Profession Professional bodies and associations linked to the profession The vast majority of those who commented ... profession The second biggest group of respondents were the preparers of the accounts and businesses in general (21% of the total number of responses) There has also been good representation of ... Responses from non-EU countries In terms of the interest groups, a majority of responses represented the interests of the audit profession – 59% of the total number of responses (see figure 4) It should...
... processes of a corporate driven globalisation which continues to swell the ranks of the poor in all countries of both the South and the North Dennis Brutus Professor Emeritus, Professor of African ... experienced water cutoffs, with an equal percentage having had their electricity cut off Thirty-nine percent of these households had experienced cutoffs of both services About three per cent of those sampled ... Rosenberg of HSRC publishing have been professional, courteous and supportive in the production of this volume, as has Robert Molteno of Zed Press Finally, we would like to thank all of our colleagues...
... encouragement of home remittances of profits on foreign investments Some of these measures are intended to address the immediate impacts of the 2008 global economic crisis, while others are part of a ... in the employment rates of graduates from professional degree courses Republic of Korea The Impact ofEconomic Crisis on Higher Education Korea’s economy and the impact of the crisis Lee and Yi ... rate of college graduates was not adversely impacted, because of the implementation of appropriate and prompt policies The Peking University Graduate School of Education and Institute of Economics...
... history of the New York Stock Exchange, and consequently that some record of, and commentary upon, these facts may be of value to the present members of that body and of interest and profit to ... throughout the day, at the close of business profound uneasiness prevailed On the afternoon of July 30th, the officers of the Stock Exchange met in consultation with a number of prominent bankers and ... a prominent member of their body who had gone to the office of the President of the bank Clearing House and had been told by him, after consulting with some of his fellow officers, "We concur;...
... Denominators of convergents and Fibonacci numbers 3.6 The key inequality for the upper bound 3.7 Application to the proof of Theorem 2: Υ at Cremer numbers 266 ´ XAVIER BUFF AND ARNAUD CHERITAT Proof of ... cannot collide with the points of Xn−1 (α) In terms of logarithms of conformal radii, this implies that there must be a decrease of −1 log |α − pn /qn | The theory of continued fractions qn approximates ... This completes the proof of inequality (4) 4.4 Proof of Lemma 3: Removing external rays for α close to p/q We recall that α = p/q + ε is real, and that n0 depends on the sign of ε Lemma For ε ∈...
... minus rate of changeof GDPdeflator Bank averagedepositinterest rate minusrate of changeof GDP deflator Lendingrate minusdeposit rate Rate of changeof the GDP deflator Rate of changeof the nominal ... changein the stock of real credit is an imperfectmeasureof the aggregateamountof funds availableto bank customers,particularlyduring a crisis Someof the increase(or lack of decline )of credit may reflect ... 1999release of the Bankscopedatabase,compiledby Fitch IBCA Table A2 VariableDefinitions Variable Name Definition ROAA Ratio of after tax profitsto total assets Profitability Ratio of grossprofit to...
... an estimate of the number of distinct objects seen when drawing (with replacement) a sample of the size suggested by the Rule of Three We call this modification the Improved Rule of Three There ... nearly t Given then a universe of size n, and a target number b of bad objects we wish to detect, instead of using the Rule of Three sample size (for a confidence level of 95%): t = 3n/b we suggest ... different value of b, the number of bad objects we wish to detect There are in each table two sections of two columns each, one for a confidence level of c = 0.95 and one for a confidence level of c = 0.99...
... processes of a corporate driven globalisation which continues to swell the ranks of the poor in all countries of both the South and the North Dennis Brutus Professor Emeritus, Professor of African ... experienced water cutoffs, with an equal percentage having had their electricity cut off Thirty-nine percent of these households had experienced cutoffs of both services About three per cent of those sampled ... Rosenberg of HSRC publishing have been professional, courteous and supportive in the production of this volume, as has Robert Molteno of Zed Press Finally, we would like to thank all of our colleagues...
... President of the Queen’s Bench Division put it recently, ‘the fabric of justice is part of the fabric of society.7’ The fabric of justice demands equality before the law Without it the rule of law ... the midst of an economic crisis, such amounts take on an even greater significance The greatest significance however is however one to the fabric of justice, of society Amidst claims of a compensation ... which relates to the role of the state It is a principle which is relevant not only to the later subject matter of this talk, but it is highly topical in an age ofeconomic austerity, with concomitant...
... Emergence of Cultural Studies and the Crisis of the Humanities STUART HALL If I address the crisis of the humanities in the face of the problem of social technology, I want to so first of all from ... dismaying number of university graduates unable to master these essentials of a bygone age All this is part of Thatcherism; it has to with a profound crisis of national identity, of the national ... kind of existence there Nevertheless, Leavis saw himself committed to the project of tending the health of the language and the national culture, of nurturing the refined sensibilities of that...