Brookings Papers on Economic Activity: Spring 2012

Brookings Papers on Economic Activity: Spring 2012 PDF Author: Herman Royer Professor of Political Economy David H Romer
Publisher: Brookings Institution Press
ISBN: 0815724322
Category : Business & Economics
Languages : en
Pages : 423

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Book Description
"Brookings Papers on Economic Activity" (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues. Contents - Democratic Change in the Arab World, Past and Present Eric Chaney (Harvard University) - Disentangling the Channels of the 2007-2009 Recession James Stock (Harvard University) and Mark Watson (Princeton University) - Macroeconomic Effects of FOMC Forward Guidance Jeffrey Campbell, Charles Evans, Jonas Fisher, and Alejandro Justiniano (Federal Reserve Bank of Chicago) - Is the Debt Overhang Holding Back Consumption? Karen Dynan (Brookings Institution) - The Euro's Three Crises Jay Shambaugh (Georgetown University) - Fiscal Policy in a Depressed Economy J. Bradford DeLong (University of California-Berkeley) and Lawrence Summers (Harvard University )

Brookings Papers on Economic Activity: Spring 2012

Brookings Papers on Economic Activity: Spring 2012 PDF Author: Herman Royer Professor of Political Economy David H Romer
Publisher: Brookings Institution Press
ISBN: 0815724322
Category : Business & Economics
Languages : en
Pages : 423

Get Book Here

Book Description
"Brookings Papers on Economic Activity" (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues. Contents - Democratic Change in the Arab World, Past and Present Eric Chaney (Harvard University) - Disentangling the Channels of the 2007-2009 Recession James Stock (Harvard University) and Mark Watson (Princeton University) - Macroeconomic Effects of FOMC Forward Guidance Jeffrey Campbell, Charles Evans, Jonas Fisher, and Alejandro Justiniano (Federal Reserve Bank of Chicago) - Is the Debt Overhang Holding Back Consumption? Karen Dynan (Brookings Institution) - The Euro's Three Crises Jay Shambaugh (Georgetown University) - Fiscal Policy in a Depressed Economy J. Bradford DeLong (University of California-Berkeley) and Lawrence Summers (Harvard University )

Brookings Papers on Economic Activity: Fall 2020

Brookings Papers on Economic Activity: Fall 2020 PDF Author: Janice Eberly
Publisher: Brookings Institution Press
ISBN: 0815739397
Category : Business & Economics
Languages : en
Pages : 452

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Book Description
Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues.

Brookings Papers on Economic Activity: Fall 2019

Brookings Papers on Economic Activity: Fall 2019 PDF Author: Janice Eberly
Publisher: Brookings Institution Press
ISBN: 0815738293
Category : Business & Economics
Languages : en
Pages : 543

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Book Description
Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues. Contents: All Medicaid Expansions Are Not Created Equal: The Geography and Targeting of the Affordable Care Act Craig Garthwaite, John Graves, Tal Gross, Zeynal Karaca, Victoria Marone, and Matthew J. Notowidigdo Policies and Payoffs to Addressing America’s College Graduation Deficit Christopher Avery, Jessica Howell, Matea Pender, and Bruce Sacerdote The Optimal Inflation Target and the Natural Rate of Interest Philippe Andrade, Jordi Galí, Hervé Le Bihan, and Julien Matheron Inflation Dynamics: Dead, Dormant, or Determined Abroad? Kristen J. Forbes Macri’s Macro: The Elusive Road to Stability and Growth Federico Sturzenegger Progressive Wealth Taxation Emmanuel Saez and Gabriel Zucman

Brookings Papers on Economic Activity: Spring 2021

Brookings Papers on Economic Activity: Spring 2021 PDF Author: Janice Eberly
Publisher: Brookings Institution Press
ISBN: 0815739478
Category :
Languages : en
Pages : 350

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Book Description
Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues.

Changing Times

Changing Times PDF Author: Martin Chick
Publisher:
ISBN: 0199552789
Category : Business & Economics
Languages : en
Pages : 455

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Book Description
A study of the main changes in the British economy from 1951, focussing on nationalisation and privatisation; unemployment; funding of the NHS and education; deindustrialisation and Britain's changing industrial structure; taxation; inequality; environmental change and policy; and the UK's changing relationship with the EEC and the European Union.

Has Higher Household Indebtedness Weakened Monetary Policy Transmission?

Has Higher Household Indebtedness Weakened Monetary Policy Transmission? PDF Author: Mr.R. G Gelos
Publisher: International Monetary Fund
ISBN: 1484395026
Category : Business & Economics
Languages : en
Pages : 33

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Book Description
Has monetary policy in advanced economies been less effective since the global financial crisis because of deteriorating household balance sheets? This paper examines the question using household data from the United States. It compares the responsiveness of household consumption to monetary policy shocks in the pre- and post-crisis periods, relating changes in monetary transmission to changes in household indebtedness and liquidity. The results show that the responsiveness of household consumption has diminished since the crisis. However, household balance sheets are not the culprit. Households with higher debt levels and lower shares of liquid assets are the most responsive to monetary policy, and the share of these households in the population grew. Other factors, such as economic uncertainty, appear to have played a bigger role in the decline of households’ responsiveness to monetary policy.

Optimal Fiscal Adjustment under Uncertainty

Optimal Fiscal Adjustment under Uncertainty PDF Author: Rossen Rozenov
Publisher: International Monetary Fund
ISBN: 1475521790
Category : Business & Economics
Languages : en
Pages : 51

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Book Description
The paper offers a non-probabilistic framework for representation of uncertainty in the context of a simple linear-quadratic model of fiscal adjustment. Instead of treating model disturbances as random variables with known probability distributions, it is only assumed that they belong to some pre-specified compact set. Such an approach is appropriate when the decision maker does not have enough information to form probabilistic beliefs or when considerations for robustness are important. Solution of the model in the minimax sense when disturbance sets are ellipsoids is obtained and the application of the method is illustrated using the example of Portugal.

The Euro Experiment

The Euro Experiment PDF Author: Paul Wallace
Publisher: Cambridge University Press
ISBN: 1107104890
Category : Business & Economics
Languages : en
Pages : 343

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Book Description
A clear, analytical and balanced guide to the euro experiment and subsequent crisis that will appeal to a wide readership.

Routledge Handbook of the Economics of European Integration

Routledge Handbook of the Economics of European Integration PDF Author: Harald Badinger
Publisher: Routledge
ISBN: 1317751965
Category : Business & Economics
Languages : en
Pages : 677

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Book Description
Routledge Handbook of the Economics of European Integration provides readers with a brief but comprehensive overview of topics related to the process of European integration in the post-World War II period. Its short chapters reflect the most up-to-date and concise research, written by a collective of experts on their own subjects. The aim of this book is twofold. Firstly, the text illustrates the broad and diverse range of issues associated with European integration, and lastly, the key approaches and findings are summarised. Since institutional integration in Europe is an ongoing process, with possibly frequent and sometimes rapid changes, the chapters are intended to focus on the key features of the economic analyses of these topics. A wide and diverse set of economic issues is of direct relevance for European integration. These topics cover various fields, ranging from the history of the European Economic and Monetary Union, EU Trade Policy and the stability of international trade, single market issues over fiscal, monetary and other policies, the crisis that faces the Euro area, and institutions such as EU Council of Ministers. Not surprisingly, many of these issues have also been analysed from a European perspective. This handbook is designed to provide students, researchers, the public and policy makers with ready and accessible knowledge of issues related to European integration and will provide the definitive overview of research in the area.

Republic of Armenia

Republic of Armenia PDF Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
ISBN: 1484371631
Category : Business & Economics
Languages : en
Pages : 27

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Book Description
This Selected Issues paper analyzes scope for further de-dollarization policies in Armenia. High financial dollarization makes Armenia more vulnerable to external shocks and limits its capacity to respond. The de-dollarization strategy is broad and comprehensive, and has achieved a reduction of deposit dollarization during the past few years. Additional efforts should focus on reducing inflation volatility and external imbalances, using prudential regulations to increase foreign currency liquidity in the banking system, and strengthening the monitoring of currency mismatches. International experience suggests, however, that further reductions in dollarization are likely to occur only gradually.