the constitution of economic policy

... influenced by the degree of credibility of the announcement of the wage policy authori- 3 The cause of the increase in production potential is ir- relevant for the further analysis. The increase ... against the background of the new eco- nomic setup in the euro area: While there is a single monetary policy, other areas of economic 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 of the Netherlands was signifi- cantly better than the...

Ngày tải lên: 20/02/2014, 20:20

Ngày tải lên: 17/03/2014, 08:20

Ngày tải lên: 17/03/2014, 10:20

... than the GDP decline in the other group. The reactions of the other variables to a monetary policy shock are essentially the same. A third important characteristic of the financial system is the ... for these countries the existence of cointegration could not be rejected. We therefore specify the VAR models in the level of the 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 of the expected effects of monetary policy...

Ngày tải lên: 24/10/2012, 09:40

... issues relating to the translation of the terms. Firstly is the great usefulness of the methods of the translation of technical terms and Neologisms in the translation of the economic terms in ... on 1 Rationale of the study 1 2 Scope of the study 1 3 Aims of the study 2 4 Methods of the study 2 5 Design of the study 3 Par t II: Developmen t Ch apter I : The oreti cal backgro und 1. 1 Translation theory ... how the action of the Thing is carried out. The translators are then to find the lexical equivalent for the lexical items of the compound. The next step for the translator to do is to put these...

Ngày tải lên: 07/11/2012, 14:12

Ngày tải lên: 15/11/2013, 20:27

... picture of the underlying inflation trend. The rate of change of the core CPI is one of the 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 of Economic Analysis of the Department of Commerce. Availability: First business day of the month at 8:30am ... expenditures on investment goods reduces the prospect of inflation. Source: The Census Bureau of the Department of Commerce. Availability: Around the 26th of the month at 8:30am ET. Data for month...

Ngày tải lên: 17/01/2014, 03:20

... 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...

Ngày tải lên: 18/01/2014, 07:20

... Change in the EFI Level of the EFI Level of the EFI Level of the EFI Level of a version of the EFI with different weights Level of the Scully-Slottje economic freedom index Level of the Scully-Slottje economic ... In the final section, I note some of the avenues for further research that these and related questions suggest might be worthwhile. The Importance of Economic Freedom Economic Growth That economic ... and economic freedom (in the form of the Scully- Slottje index) affect economic convergence, and they find economic freedom, of all the variables they studied, to have the strongest effect. 13 As...

Ngày tải lên: 20/02/2014, 19:20

... 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 of the 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 of the main features of balanced paths. The treatment of behavior off balanced...

Ngày tải lên: 20/02/2014, 20:20

... scrutiny of the courts? What is the use of courts, if you cannot access them? . . . The response of the 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 of the hub of the Common- wealth – the United Kingdom – and of the 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 of the rule of law. For they maintain that they...

Ngày tải lên: 07/03/2014, 02:20

... however the creation of South African judges. Rather, it was the product of the hub of the Common- wealth – the United Kingdom – and of the 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 of the ... article does the important service of bringing out from the shadow of Liversidge the judgments of the majority of the House of Lords from the First World War in Halliday on which the majority...

Ngày tải lên: 07/03/2014, 02:20

Ngày tải lên: 08/03/2014, 05:20

... 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 of the 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...

Ngày tải lên: 08/03/2014, 06:20

Ngày tải lên: 15/03/2014, 01:20

... to increase the sensitivity of loan supply to changes in monetary policy, thereby strengthening the importance of the lending channel. The second set of regulatory changes affecting the lending ... quarters of data, the power of the 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...

Ngày tải lên: 15/03/2014, 10:20

... reauthorization of the surface transportation program and the creation of a National Infrastructure Bank. In support of this commitment, the Department of the Treasury, with the Council of Economic ... conditions); the higher the TTI index, the larger the share of peak travel time that is subject to congestion. The TTI is independent of the 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...

Ngày tải lên: 17/03/2014, 08:20

... 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 of the impact of economic ... and the contents are the responsibility of the 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 of the economic research examining the relationships...

Ngày tải lên: 17/03/2014, 08:20

Ngày tải lên: 22/03/2014, 22:20