... 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 ... on
1
Rationale ofthe study
1
2 Scope ofthe study 1
3 Aims ofthe study 2
4 Methods ofthe study 2
5 Design ofthe study 3
Par t II: Developmen t
Ch apter I : The oreti cal backgro und
1. 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 EFI
Level ofthe EFI
Level ofthe EFI
Level ofthe EFI
Level of a version ofthe
EFI with different weights
Level ofthe Scully-Slottje
economic freedom index
Level ofthe Scully-Slottje
economic ... In the final section, I
note some ofthe avenues for further research that these and related questions suggest
might be worthwhile.
The Importance ofEconomic Freedom
Economic Growth
That 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.
13
As...
... the 60s to -
9.2
in the 70s; Iran's
fell
from 11.3 to 2.5, comparing
the same two periods. I do not think
we
need to look to economic theory for
an 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 level
to be a worthy objective for the theory
of
economic development.
3. Neoclassical growth theory: ... contrast to the model of section
2)
has not been fully
analyzed 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 South
African 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 exceptional
situations, they make things worse not better from the perspective of a
substantive conception ofthe rule of law. For they maintain that they...
... however the creation of South
African 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 executive
is acting outside ofthe ... article does the important service of bringing out from the
shadow of Liversidge the judgments ofthe majority ofthe House of Lords
from 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 crisis
At 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, thereby
strengthening 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 broadly
consistent 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 find
evidence 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...