A Short Review of Precautionary Reference Points and Some Proposals for Their Use in Data-poor Situations

A Short Review of Precautionary Reference Points and Some Proposals for Their Use in Data-poor Situations PDF Author: John Caddy
Publisher: Food & Agriculture Org.
ISBN: 9789251042298
Category : Fish stock assessment
Languages : en
Pages : 40

Get Book Here

Book Description
Attention is given to different ways in which they could be combined in control laws within a fisheries management system.

A Short Review of Precautionary Reference Points and Some Proposals for Their Use in Data-poor Situations

A Short Review of Precautionary Reference Points and Some Proposals for Their Use in Data-poor Situations PDF Author: John Caddy
Publisher: Food & Agriculture Org.
ISBN: 9789251042298
Category : Fish stock assessment
Languages : en
Pages : 40

Get Book Here

Book Description
Attention is given to different ways in which they could be combined in control laws within a fisheries management system.

Money and the Natural Rate of Unemployment

Money and the Natural Rate of Unemployment PDF Author: Finn Ostrup
Publisher: Cambridge University Press
ISBN: 9780521667395
Category : Business & Economics
Languages : en
Pages : 322

Get Book Here

Book Description
The prevailing view among economists and policy makers is that money has no impact on production in a longer term characterised by full price and wage flexibility and rational expectations. This book presents a revisionist view of monetary policy and monetary regimes. It presents several new mechanisms, indicating that money affects long-term production. The consequent policy implications are also discussed, including: the uses of monetary policy and monetary regimes in achieving macroeconomic goals; the impact of an independent central bank; the effects of a movement from floating exchange rates to fixed exchange rates in a monetary union. In addition to the theoretical and policy discussions the book also contains a comprehensive survey of the current state of scholarship in this area. Designed as a textbook for advanced undergraduate and graduate students in macroeconomics, labour economics and finance, this book will also appeal to scholars and policy-makers.

Risk Evaluation and Biological Reference Points for Fisheries Management

Risk Evaluation and Biological Reference Points for Fisheries Management PDF Author: National Research Council Canada
Publisher: NRC Research Press
ISBN: 9780660149561
Category : Nature
Languages : en
Pages : 456

Get Book Here

Book Description
Papers presented: 1) Reference points for fisheries management: the western Canadian experience; 2) Reference points for fisheries management: the eastern Canadian experience; 3) Reference points for fisheries management: the ICES experience; 4) Spawning stock biomass per recruit in fisheries management: foundation and current use; 5) The development of a management procedure for the South African anchovy resource; 6) How much spawning per recruit is enough?; 7) The behaviour of Flow, Fmed and Fhigh in response to variation in parameters used for their estimation; 8) The Barents Sea capelin stock collapse: a lesson to learn; 9) Variance estimates for fisheries assessment: their importance and how best to evaluate them; 10) Evaluating the accuracy of projected catch estimates from sequential population analysis and trawl survey abundance estimates; 11) Bootstrap estimates of ADAPT parameters, their projection in risk analysis and their retrospective patterns; 12) Analytical estimates of reliability for the projected yield from commercial fisheries; 13) Risk evaluation of the 10% harvest rate procedure for capelin in NAFO Division 3L; 14) Using jackknife and Monte Carlo simulation techniques to evaluate forecast models for Atlantic salmon; 15) Monte Carlo evaluation of risks for biological reference points used in New Zealand fishery assessments; 16) A comparison of event free risk analysis to Ricker spawner-recruit simulation: an example with Atlantic menhaden; 17) Choosing a management strategy for stock rebuilding when control is uncertain; 18) Risks and uncertainties in the management of a single-cohort squid fishery: the Falkland Islands Illex fishery as an example; 19) Risks of over- and under-fishing new resources; 20) Estimation of density-dependent natural mortality in British Columbia herring stocks through SSPA and its impact on sustainable harvesting strategies; 21) The comparative performance of production-model and ad hoc tuned VPA based feedback-control management procedures for the stock of Cape hake off the west coast of Africa; 22) A proposal for a threshold stock size and maximum fishing mortality rate; 23) Biological reference points for Canadian Atlantic gadoid stocks; 24) Stochastic locally-optimal harvesting; 25) ITQ based fisheries management; 26) Bioeconomic methods for determining TACs; 27) Management strategies: fixed or variable catch quotas; 28) Bioeconomic impacts of TAC adjustment strategies: a model applied to northern cod; 29) Experimental management programs for two rockfish stocks off British Columbia; 30)A brief overview of the experimental approach to reducing uncertainty in fisheries management; 31) Fisheries management organizations: a study of uncertainty.

The Natural Rate of Unemployment

The Natural Rate of Unemployment PDF Author: Rod Cross
Publisher: Cambridge University Press
ISBN: 9780521483308
Category : Business & Economics
Languages : en
Pages : 404

Get Book Here

Book Description
For 25 years, theory about the causes of, and possible solutions to, the problem of unemployment has been dominated by Phelps' and Friedman's natural rate of unemployment hypothesis. This postulates that the equilibrium rate of unemployment consistent with steady inflation is determined by structural variables: sustainable reductions in unemployment can be achieved only by measures to change underlying microeconomic structures, such as benefit and pay bargaining systems. Belief in the hypothesis has faltered since the 1980s, the hypothesis being unable to explain the dramatic upward shifts in European unemployment rates. These essays reflect upon the fundamental structures underlying the hypothesis, assess the related evidence, and look forwards, suggesting possible modifications. In contrast to the single rate postulated by the natural rate hypothesis, several of the contributors propose that there are ranges of unemployment rates consistent with steady inflation.

Value, Capital and Growth

Value, Capital and Growth PDF Author: Gabriel R. Ricci
Publisher: Routledge
ISBN: 1351300199
Category : Business & Economics
Languages : en
Pages : 565

Get Book Here

Book Description
Value, Capital and Growth was written as a mark of honor to Sir John Hicks on the occasion of his retirement as Drummond Professor of Political Economy at the University of Oxford. As the title implies, most of the essays are directed to the development of the three great topics of modern economic theory to which he contributed--Value, Capital, and Growth. More specifically, there are important papers on general equilibrium, aggregation, and index numbers-- all topics of deep interest in international economics.The volume is particularly noteworthy for a number of papers exploring hitherto unrealized implications of general equilibrium models. There are also several papers dealing with mathematical economics as they relate to trade and development, which will be of great interest to students of those fields. Few theorists possessed Hicks catholicity in economics and his interest in and appetite for all branches of applied economics, and especially comparative economic history. His interests ranged from Italian Renaissance banking to academic publishing and the export and import of scholarly works,The international eminence of the contributors and the quality of their work ensure that this volume is a fitting tribute to a great economist and that it will be studied carefully for many years. No effort was spared to present the work in a style and format worthy of the subject and of the occasion. The volume includes masterful contributions by Kenneth Arrow, Jagdish Bhagwati, Roy Harrod, Paul A. Samuelson, Robert M. Solow, and Alan A. Walters among others, and contains a full biographical and bibliographical data base on Hicks.J.N. Wolfe was professor of economics at the University of Edinburgh until his retirement.

Value, Capital and Growth

Value, Capital and Growth PDF Author: Gabriel R. Ricci
Publisher: Routledge
ISBN: 1351300180
Category : Business & Economics
Languages : en
Pages : 705

Get Book Here

Book Description
Value, Capital and Growth was written as a mark of honor to Sir John Hicks on the occasion of his retirement as Drummond Professor of Political Economy at the University of Oxford. As the title implies, most of the essays are directed to the development of the three great topics of modern economic theory to which he contributed--Value, Capital, and Growth. More specifically, there are important papers on general equilibrium, aggregation, and index numbers-- all topics of deep interest in international economics.The volume is particularly noteworthy for a number of papers exploring hitherto unrealized implications of general equilibrium models. There are also several papers dealing with mathematical economics as they relate to trade and development, which will be of great interest to students of those fields. Few theorists possessed Hicks catholicity in economics and his interest in and appetite for all branches of applied economics, and especially comparative economic history. His interests ranged from Italian Renaissance banking to academic publishing and the export and import of scholarly works,The international eminence of the contributors and the quality of their work ensure that this volume is a fitting tribute to a great economist and that it will be studied carefully for many years. No effort was spared to present the work in a style and format worthy of the subject and of the occasion. The volume includes masterful contributions by Kenneth Arrow, Jagdish Bhagwati, Roy Harrod, Paul A. Samuelson, Robert M. Solow, and Alan A. Walters among others, and contains a full biographical and bibliographical data base on Hicks.J.N. Wolfe was professor of economics at the University of Edinburgh until his retirement.

Wicksell’s Monetary Theory

Wicksell’s Monetary Theory PDF Author:
Publisher: Springer
ISBN: 134912155X
Category : Business & Economics
Languages : en
Pages : 142

Get Book Here

Book Description
Originally published in Italian in 1983, the book elaborates and interprets Wicksell's monetary theories, contrasting them with the methodological approach of both classical economists and members of the Swedish school.

Secular Drivers of the Natural Rate of Interest in the United States: A Quantitative Evaluation

Secular Drivers of the Natural Rate of Interest in the United States: A Quantitative Evaluation PDF Author: Josef Platzer
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 88

Get Book Here

Book Description
We develop a heterogeneous agent, overlapping generations model with nonhomothetic preferences that nests several explanations for the decline in the natural rate of interest (r∗) suggested in the literature: demographic change, a slowdown in productivity growth, a rise in income inequality, and public policy. The model can account for a 2.2 percentage point (pp) decline in r∗ between 1975 and 2015, which is within the range of empirical estimates. Rising income inequality is an important driver (-0.70 pp), and together with demographic change (-0.71 pp) and the slowdown in productivity growth (-1.0 pp) explains most of the decline. Growing public debt is the major counteracting force (+0.31 pp). Permanent income inequality is of greater importance than inequality due to uninsurable income risk, and matching the degree of nonhomotheticity in consumption and savings behavior to empirical estimates is essential for this result. We predict that r∗ will reach a low of 0.38% by 2030, after which a slow reversal will begin. The natural rate will stabilize at 1% in the long run, a low level when compared with the postwar path of r∗ implied by the model. This remains true even if we take into account soaring public debt levels due to the COVID-19 pandemic. Policy can have considerable impact on the level of r∗ through the tax and transfer system.

Using Poetry for Economic Analysis

Using Poetry for Economic Analysis PDF Author: Ky-Hyang Yuhn
Publisher: Cambridge Scholars Publishing
ISBN: 1527519694
Category : Business & Economics
Languages : en
Pages : 640

Get Book Here

Book Description
This book is innovative in methodology, novel in ideas and rich in contents. The book is the first attempt to amalgamate economics with poetry, mythologies, novels, paintings, and movies that pertain to economic subjects. It presents the principles of economics in a systematic manner, but in plain and lyrical English. Through analysing real-world issues using solid economic theory, and literary prose, the topics discussed in the book allow for a straight to the point analysis which can be used by all. The book serves as a guide to college undergraduate and MBA students who are beginning to study economics and as a navigator to lay readers including financial practitioners, fund managers, and portfolio investors who need economics knowledge in their chosen fields. The book introduces 22 European, American, Chinese, Japanese and Korean poems which are related to economic subjects.

Monetary Theory

Monetary Theory PDF Author: Antoin E. Murphy
Publisher: Taylor & Francis
ISBN: 9780415140201
Category : Business & Economics
Languages : en
Pages : 368

Get Book Here

Book Description
This six-volume set contains the writings of the earliest pioneers of monetary theory. It contains some 28 texts, beginning with Gerard de Maynes' "A Treatise of the Canker of England's Common Wealth" (1601) and ending with Joseph Harris' "An Essay on Money and Coins" (1757/58).