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Author: United States. Congress. Joint Economic Committee. Subcommittee on Energy
Publisher:
ISBN:
Category : Cost and standard of living
Languages : en
Pages : 82
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Book Description
Author: United States. Congress. Joint Economic Committee. Subcommittee on Energy
Publisher:
ISBN:
Category : Cost and standard of living
Languages : en
Pages : 82
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Book Description
Author: Mr. Kangni R Kpodar
Publisher: International Monetary Fund
ISBN: 1616356154
Category : Business & Economics
Languages : en
Pages : 34
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Book Description
This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.
Author: Peter J. N. Sinclair
Publisher: Routledge
ISBN: 1135179778
Category : Business & Economics
Languages : en
Pages : 402
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Book Description
Inflation is regarded by the many as a menace that damages business and can only make life worse for households. Keeping it low depends critically on ensuring that firms and workers expect it to be low. So expectations of inflation are a key influence on national economic welfare. This collection pulls together a galaxy of world experts (including Roy Batchelor, Richard Curtin and Staffan Linden) on inflation expectations to debate different aspects of the issues involved. The main focus of the volume is on likely inflation developments. A number of factors have led practitioners and academic observers of monetary policy to place increasing emphasis recently on inflation expectations. One is the spread of inflation targeting, invented in New Zealand over 15 years ago, but now encompassing many important economies including Brazil, Canada, Israel and Great Britain. Even more significantly, the European Central Bank, the Bank of Japan and the United States Federal Bank are the leading members of another group of monetary institutions all considering or implementing moves in the same direction. A second is the large reduction in actual inflation that has been observed in most countries over the past decade or so. These considerations underscore the critical – and largely underrecognized - importance of inflation expectations. They emphasize the importance of the issues, and the great need for a volume that offers a clear, systematic treatment of them. This book, under the steely editorship of Peter Sinclair, should prove very important for policy makers and monetary economists alike.
Author: United States. National Energy Policy Development Group
Publisher: Group Publishing (Company)
ISBN:
Category : Political Science
Languages : en
Pages : 176
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Book Description
Author: Stephen Broadberry
Publisher: Cambridge University Press
ISBN: 1139448358
Category : History
Languages : en
Pages : 363
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Book Description
This unique volume offers a definitive new history of European economies at war from 1914 to 1918. It studies how European economies mobilised for war, how existing economic institutions stood up under the strain, how economic development influenced outcomes and how wartime experience influenced post-war economic growth. Leading international experts provide the first systematic comparison of economies at war between 1914 and 1918 based on the best available data for Britain, Germany, France, Russia, the USA, Italy, Turkey, Austria-Hungary and the Netherlands. The editors' overview draws some stark lessons about the role of economic development, the importance of markets and the damage done by nationalism and protectionism. A companion volume to the acclaimed The Economics of World War II, this is a major contribution to our understanding of total war.
Author: United States. Congress. Joint Economic Committee
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 64
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Book Description
Author: David M. Blau
Publisher: Russell Sage Foundation
ISBN: 1610440609
Category : Social Science
Languages : en
Pages : 207
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Book Description
"David Blau has chosen seven economists to write chapters that review the emerging economic literature on the supply of child care, parental demand for care, child care cost and quality, and to discuss the implications of these analyses for public policy. The book succeeds in presenting that research in understandable terms to policy makers and serves economists as a useful review of the child care literature....provides an excellent case study of the value of economic analysis of public policy issues." —Arleen Leibowitz, Journal of Economic Literature "There is no doubt this is a timely book....The authors of this volume have succeeded in presenting the economic material in a nontechnical manner that makes this book an excellent introduction to the role of economics in public policy analysis, and specifically child care policy....the most comprehensive introduction currently available." —Cori Rattelman, Industrial and Labor Relations Review
Author: United States. Congress. Joint Economic Committee
Publisher:
ISBN:
Category : Food prices
Languages : en
Pages : 96
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Book Description
Author: Jill A. King
Publisher:
ISBN:
Category : Energy consumption
Languages : en
Pages : 256
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Book Description
Author: Dana Nuccitelli
Publisher: Bloomsbury Publishing USA
ISBN:
Category : Nature
Languages : en
Pages : 283
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Book Description
This book explains the science of climate change in plain language and shows that the 2 to 4 percent of climate scientists who are skeptical that humans are the main cause of global warming are a fringe minority—and have a well-established history of being wrong. Although some politicians, pundits, and members of the public do not believe it, global warming predictions by mainstream climate scientists have been remarkably accurate while those made by climate deniers have not. And if mainstream global warming predictions continue to prove correct, the window of opportunity to prevent a climate catastrophe is quickly closing. This book is the first to illustrate the accuracy—and inaccuracy—of global warming predictions made by mainstream climate scientists and by climate contrarians from the 1970s to the present day. Written in simple, non-technical language that provides an accessible explanation of key climate science concepts, the book will appeal to general audiences without previous knowledge about climate science. Author Dana Nuccitelli, an environmental scientist and risk assessor, discusses some key climate discoveries dating back to the 19th century and debunks myths such as the idea that climate scientists and climate models have grossly over-predicted global warming. He addresses recent findings of a 97-percent consensus in the peer-reviewed scientific literature that humans are causing global warming—a nearly unanimous agreement that formed in the early 1990s and has grown through the present day. Nuccitelli also discusses what the future climate might look like if current trends continue unabated, and what we as a global society need to do to prevent a climate catastrophe.
