Endogenous Fluctuations in Unionised Economy with Productive Externalities
Author : Rui Coimbra
Publisher :
Page : 48 pages
File Size : 24,60 MB
Release : 2002
Category : Externalities (Economics)
ISBN :
Author : Rui Coimbra
Publisher :
Page : 48 pages
File Size : 24,60 MB
Release : 2002
Category : Externalities (Economics)
ISBN :
Author : Rui Coimbra
Publisher :
Page : 30 pages
File Size : 20,37 MB
Release : 2002
Category :
ISBN :
Author : Ms.Valerie Cerra
Publisher : International Monetary Fund
Page : 50 pages
File Size : 10,59 MB
Release : 2020-05-29
Category : Business & Economics
ISBN : 1513536990
Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.
Author : Charles R. Hulten
Publisher : University of Chicago Press
Page : 648 pages
File Size : 30,29 MB
Release : 2007-11-01
Category : Medical
ISBN : 0226360644
The productivity slowdown of the 1970s and 1980s and the resumption of productivity growth in the 1990s have provoked controversy among policymakers and researchers. Economists have been forced to reexamine fundamental questions of measurement technique. Some researchers argue that econometric approaches to productivity measurement usefully address shortcomings of the dominant index number techniques while others maintain that current productivity statistics underreport damage to the environment. In this book, the contributors propose innovative approaches to these issues. The result is a state-of-the-art exposition of contemporary productivity analysis. Charles R. Hulten is professor of economics at the University of Maryland. He has been a senior research associate at the Urban Institute and is chair of the Conference on Research in Income and Wealth of the National Bureau of Economic Research. Michael Harper is chief of the Division of Productivity Research at the Bureau of Labor Statistics. Edwin R. Dean, formerly associate commissioner for Productivity and Technology at the Bureau of Labor Statistics, is adjunct professor of economics at The George Washington University.
Author : Peter A. Hall
Publisher : Oxford University Press
Page : 557 pages
File Size : 35,30 MB
Release : 2001
Category : Business & Economics
ISBN : 0199247749
Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 257 pages
File Size : 35,33 MB
Release : 2015-04-20
Category : Business & Economics
ISBN : 1498344658
This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.
Author :
Publisher :
Page : 1228 pages
File Size : 24,23 MB
Release : 2006
Category : Mathematics
ISBN :
Author : Francisco Torres
Publisher : Cambridge University Press
Page : 406 pages
File Size : 28,87 MB
Release : 1993-10-21
Category : Business & Economics
ISBN : 052144019X
The Maastricht Treaty, signed in December 1991, set a timetable for the European Community's economic and monetary union (EMU) and clearly defined the institutional policy changes necessary for its achievement. Subsequent developments have demonstrated, however, the importance of many key issues in the transition to EMU that were largely neglected at the time. This volume reports the proceedings of a joint CEPR conference with the Banco de Portugal, held in January 1992. In these papers, leading international experts address the instability of the transition to EMU, the long-run implications of monetary union and the single market for growth and convergence in Europe. They also consider the prospects for inflation and fiscal convergence, regional policy and the integration of financial markets and fiscal systems. Attention focuses on adjustment mechanisms with differentiated shocks, region-specific business cycles and excessive industrial concentration and the cases for a two-speed EMU and fiscal federalism.
Author : Donald A. R. George
Publisher : John Wiley & Sons
Page : 306 pages
File Size : 15,74 MB
Release : 2008-02-11
Category : Business & Economics
ISBN : 1405179619
Through contributions from leading authors, Issues in Heterodox Economics provides a critical analysis of the methodology of mainstream economics. Challenges economists to abandon sterile formalism and develop new intellectual rigors to contribute to pressing contemporary issues A series of cutting-edge articles provides a critical analysis of the dependence of mainstream economics on mathematical modelling and other methodologies Topics discussed include sustainable development, worker control of firms, evolutionary growth theory, and more Challenges economists to abandon sterile formalism and develop new intellectual rigors to contribute to pressing contemporary issues
Author : Toke Aidt
Publisher : Directions in Development
Page : 188 pages
File Size : 35,67 MB
Release : 2002
Category : Business & Economics
ISBN :
This book offers an extensive survey and synthesis of the economic literature on trade unions and collective bargaining and their impact on micro-and macro-economic outcomes. The authors demonstrate the effects of collective bargaining in different country settings and time periods. A comprehensive reference, this book will be of interest to students and scholars of labor policy as well as to policy makers and anyone with an interest in the economic consequences of unionism.