The Disappointing Recovery

The Disappointing Recovery PDF Author: United States. Congressional Budget Office
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 52

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The Disappointing Recovery

The Disappointing Recovery PDF Author: United States. Congressional Budget Office
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 52

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Book Description


The Disappointing Recovery

The Disappointing Recovery PDF Author: United States. Congressional Budget Office
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 30

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Book Description


The Disappointing Recovery of Output After 2009

The Disappointing Recovery of Output After 2009 PDF Author: John G. Fernald
Publisher:
ISBN:
Category : Financial crises
Languages : en
Pages : 61

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Book Description
U.S. output has expanded only slowly since the recession trough in 2009, even though the unemployment rate has essentially returned to a pre-crisis, normal level. We use a growth-accounting decomposition to explore explanations for the output shortfall, giving full treatment to cyclical effects that, given the depth of the recession, should have implied unusually fast growth. We find that the growth shortfall has almost entirely reflected two factors: the slow growth of total factor productivity, and the decline in labor force participation. Both factors reflect powerful adverse forces that are largely unrelated to the financial crisis and recession-and that were in play before the recession.

Arthritic Japan

Arthritic Japan PDF Author: Edward J. Lincoln
Publisher: Rowman & Littlefield
ISBN: 0815798717
Category : Business & Economics
Languages : en
Pages : 260

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Book Description
In the late 1980s, Japan's strong economic performance put it on a the verge of becoming a major player in regional and global affairs. But nearly a decade of economic stagnation, a mounting of bad debts, and a continuing stream of scandals have tarnished the country's distinctive economic model. At the turn of the millennium, the Japanese economy remained mired in a pattern of stagnation. As this disappointing condition dragged on, the government pursued policies to restore economic health. Yet Japan has been slow to embrace the systemic reform on which a robust economic recovery depends. In Arthritic Japan, Edward J. Lincoln examines the causes and implications of this weak response. Concluding that Japan is unlikely to pursue the vigorous reform necessary for economic growth, Lincoln warns of serious consequences: a stumbling economy bedeviled by recession and financial crisis, eroding leadership in economic and security issues, a continued defensive trade posture, and a disgruntled population that could turn a more nationalistic stance in foreign policy.

A Decade after the Global Recession

A Decade after the Global Recession PDF Author: M. Ayhan Kose
Publisher: World Bank Publications
ISBN: 1464815283
Category : Business & Economics
Languages : en
Pages : 475

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Book Description
This year marks the tenth anniversary of the 2009 global recession. Most emerging market and developing economies weathered the global recession relatively well, in part by using the sizable fiscal and monetary policy ammunition accumulated during prior years of strong growth. However, their growth prospects have weakened since then, and many now have less policy space. This study provides the first comprehensive stocktaking of the past decade from the perspective of emerging market and developing economies. Many of these economies have now become more vulnerable to economic shocks. The study discusses lessons from the global recession and policy options for these economies to strengthen growth and prepare for the possibility of another global downturn.

Princess Recovery

Princess Recovery PDF Author: Jennifer L Hartstein
Publisher: Simon and Schuster
ISBN: 1440531838
Category : Family & Relationships
Languages : en
Pages : 272

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Book Description
At two, she only wears dresses because she's a princess like the ones on TV. At six, she wants the trendiest, scantily clad doll because all her friends have it. At eight, she's begging for makeup because she wants to be pretty like the teen superstars. Your daughter has every opportunity to be independent and confident--if only you could help her tune out the rest of the world! But can you really deny your little girl dresses, cartoons, and friends until she is out of danger? Child and adolescent psychologist Dr. Jennifer L. Hartstein has good news: you don't have to! Her unique program teaches you to curb the world's influence on your daughter--without making her live in a bubble. In this debut book, Dr. Hartstein teaches you to: Encourage your daughter to pursue her passion with industry and intelligence Establish high but realistic expectations of your daughter and her future Provide context for problematic influences--from the media to prissy peers Build a mutual trust that will withstand her adolescent growing pains With this plan, you can bring balance, confidence, and self-sufficiency into your daughter's life without denying her a modern, vibrant childhood.

Hysteresis and Business Cycles

Hysteresis and Business Cycles PDF Author: Ms.Valerie Cerra
Publisher: International Monetary Fund
ISBN: 1513536990
Category : Business & Economics
Languages : en
Pages : 50

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Book Description
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.

International Macroeconomics in the Wake of the Global Financial Crisis

International Macroeconomics in the Wake of the Global Financial Crisis PDF Author: Laurent Ferrara
Publisher: Springer
ISBN: 3319790757
Category : Business & Economics
Languages : en
Pages : 300

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Book Description
This book collects selected articles addressing several currently debated issues in the field of international macroeconomics. They focus on the role of the central banks in the debate on how to come to terms with the long-term decline in productivity growth, insufficient aggregate demand, high economic uncertainty and growing inequalities following the global financial crisis. Central banks are of considerable importance in this debate since understanding the sluggishness of the recovery process as well as its implications for the natural interest rate are key to assessing output gaps and the monetary policy stance. The authors argue that a more dynamic domestic and external aggregate demand helps to raise the inflation rate, easing the constraint deriving from the zero lower bound and allowing monetary policy to depart from its current ultra-accommodative position. Beyond macroeconomic factors, the book also discusses a supportive financial environment as a precondition for the rebound of global economic activity, stressing that understanding capital flows is a prerequisite for economic-policy decisions.

Brookings Papers on Economic Activity: Spring 2017

Brookings Papers on Economic Activity: Spring 2017 PDF Author: Janice Eberly
Publisher: Brookings Institution Press
ISBN: 081573252X
Category : Business & Economics
Languages : en
Pages : 484

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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.

America's New Beginning

America's New Beginning PDF Author: United States. President (1981-1989 : Reagan)
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 304

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Book Description