Download Full eBooks in PDF
Bad Breaks In Real Gdp And Employment Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of Bad Breaks In Real Gdp And Employment book. This book definitely worth reading, it is an incredibly well-written.
Author : Harrison C. Hartman
Publisher : Springer Nature
Page : 148 pages
File Size : 47,6 Mb
Release : 2024-07-01
Category : Electronic
ISBN : 9783031577697
Author : Harrison C. Hartman
Publisher : Palgrave Macmillan
Page : 0 pages
File Size : 52,7 Mb
Release : 2024-06-01
Category : Business & Economics
ISBN : 303157768X
Why do policymakers allow economies to settle into a “new normal” after a bad break in the economy rather than try to return the economy to its previous trend? In this book, economist Harrison C. Hartman discusses some of the variables that impact a nation’s ability to recover from negative aggregate demand shocks. Spanning total real GDP, per capita real GDP, and nonfarm payroll employment in the USA, the book emphasizes the role of aggregate demand shocks in causing the US economy to fail to return to trend. The resulting book challenges modern mainstream macroeconomic theories and highlights the complexities of post-recession recovery. The chapters provide econometric evidence both for and against the impact of aggregate demand on real GDP and employment levels in the long run. Hartman studies modern macroeconomic theories related to economic resilience and demand using (a) the velocity of money and the equation of exchange and (b) econometric analysis to dissect modern macroeconomic theories related to economic resilience and demand. The book provides methods to estimate and evaluate trends, and after simple methods for estimating trend and discussing associated results, the book turns attention to model selection, hypothesis testing and further results. This book also offers some possible areas for future work. A thought-provoking exploration of economic recovery or lack thereof, the book covers aggregate demand, employment, real GDP, and economic theories (classical, Keynesian, monetarist, neoclassical, new-Keynesian, and post-Keynesian perspectives). Bad Breaks in Real GDP and Employment is a timely and essential guide for economists navigating the complexities of past, present, and future macroeconomic landscapes. It explains the functionality of aggregate demand in the context of economic recession, offering insight into why some AD shocks feel permanent. This book provides econometric evidence supporting Keynesian and post-Keynesian perspectives on the potential importance of aggregate demand in determining real GDP and employment levels in the long run, particularly in cases when real GDP and employment fail to recover fully after recessions. This book is one of few contemporary works (a) explicitly noting the economic importance of money velocity and (b) focusing on econometric analysis that at least at times supports post-Keynesian perspectives.
Author : United States. Congress. House. Committee on Financial Services
Publisher : Unknown
Page : 132 pages
File Size : 50,8 Mb
Release : 2010
Category : Business & Economics
ISBN : PURD:32754081263661
Author : Mr. Bas B. Bakker
Publisher : International Monetary Fund
Page : 60 pages
File Size : 47,8 Mb
Release : 2015-10-28
Category : Business & Economics
ISBN : 9781513599380
This paper argues that the sharp increase in unemployment in a number of advanced countries during the Great Recession was not just cyclical (the result of a lack of aggregate demand); the degree of adjustment of real wages and the impact this had on labor productivity also played a role. In many countries, post-2007 employment losses were modest, as real wages adjusted when the economy slowed down. But in some countries real wage growth stayed too high for too long. The result was large-scale labor shedding, which boosted labor productivity but also contributed to a sharp rise in unemployment. In this context, the paper discusses the different experiences of the UK (where employment increased) and Spain (where it fell sharply), and finds that almost two thirds of the employment losses in Spain resulted from the failure of real wages to adjust adequately.
Author : Vivek Ghosal,Yang Ye
Publisher : International Monetary Fund
Page : 49 pages
File Size : 55,6 Mb
Release : 2015-01-14
Category : Business & Economics
ISBN : 9781498356176
We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based on the survey of professional forecasters, and regressionbased forecasting models for GDP growth, inflation, S&P500 stock price index, and fuel prices. Our results indicate that greater uncertainty has a negative impact on growth of employment, and the effects are primarily felt by the relatively smaller businesses; the impact on large businesses are generally non-existent or weaker. Our results suggest that to truly understand the effects of uncertainty on employment dynamics, we need to focus on the relatively smaller and entrepreneurial businesses. We discuss implications for the framing of economic policy.
Author : David Graeber
Publisher : Simon & Schuster
Page : 368 pages
File Size : 51,9 Mb
Release : 2019-05-07
Category : Business & Economics
ISBN : 9781501143335
From bestselling writer David Graeber—“a master of opening up thought and stimulating debate” (Slate)—a powerful argument against the rise of meaningless, unfulfilling jobs…and their consequences. Does your job make a meaningful contribution to the world? In the spring of 2013, David Graeber asked this question in a playful, provocative essay titled “On the Phenomenon of Bullshit Jobs.” It went viral. After one million online views in seventeen different languages, people all over the world are still debating the answer. There are hordes of people—HR consultants, communication coordinators, telemarketing researchers, corporate lawyers—whose jobs are useless, and, tragically, they know it. These people are caught in bullshit jobs. Graeber explores one of society’s most vexing and deeply felt concerns, indicting among other villains a particular strain of finance capitalism that betrays ideals shared by thinkers ranging from Keynes to Lincoln. “Clever and charismatic” (The New Yorker), Bullshit Jobs gives individuals, corporations, and societies permission to undergo a shift in values, placing creative and caring work at the center of our culture. This book is for everyone who wants to turn their vocation back into an avocation and “a thought-provoking examination of our working lives” (Financial Times).
Author : Jaejoon Woo
Publisher : Oxford University Press
Page : 240 pages
File Size : 48,5 Mb
Release : 2022-05-12
Category : Business & Economics
ISBN : 9780192633439
South Korea's economic miracle is a well-known story. However, today Korea is confronting a new set of internal and external risks, which may foreshadow the next crisis. The Korean economy has been struggling with the faltering growth momentum and the rise of unprecedented socio-economic problems over recent years well before the pandemic crisis. After abrupt downshifts to markedly slower growth in the early 2000s, economic growth has continued to decelerate. Koreans are grappling with slow income growth, all time-high household debt, high youth unemployment, inequality, and social polarization. Politics is in disarray and is incapable of directing social discourse for the common good. Rapid population aging along with the world's lowest fertility rates stokes fears of Japanification. Simultaneously, disruptive technologies and fast-changing business environment such as the rise of China clash with a range of long-standing structural problems. The contemporary challenges are radically different from those seen in the early stages of industrialization. There are multiple risks that threaten to self-perpetuate low or stagnant growth over the next decade or so, if not an outright financial crisis. Motivated by these latest developments, this book seeks to provide a timely and in-depth analysis of key current issues and foreseeable challenges of the economy, with a provocative reassessment of its future. Based on extensive new empirical works, it examines the underlying causes of the socio-economic problems. In a constructive spirit, it puts in perspective what would constitute critical elements of ideal policy solutions and the direction of the future government's role.
Author : United States. Congress. Joint Economic Committee
Publisher : Unknown
Page : 64 pages
File Size : 44,9 Mb
Release : 1994
Category : Business & Economics
ISBN : MINN:31951D00271810V
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 778 pages
File Size : 45,6 Mb
Release : 1993-03-15
Category : Business & Economics
ISBN : 9211613523
The 1993 SNA represents a major advance in national accounting. While updating and clarifying the 1968 SNA, the 1993 SNA provides the basis for improving compilation of national accounts statistics, promoting integration of economic and related statistics, and enhancing analysis of economic developments. The 1993 SNA deals more clearly with relationships between economic flows (such as production, income, savings, accumulation, and financing) and links between these flows and stocks. At the same time the 1993 SNA reflects the many significant developments that have taken place in financial markets and completes the integration of balance sheets into the system. The 1993 SNA also suggests how satellite accounts (e.g. environmental accounts) and alternative classifications (e.g., through social accounting matrices) an be used to augment the central framework of the system.
Author : William Mitchell
Publisher : Edward Elgar Publishing
Page : 520 pages
File Size : 45,7 Mb
Release : 2015-05-29
Category : Business & Economics
ISBN : 9781784716660
Eurozone Dystopia traces the origin of the Eurozone and shows how the historical Franco-German rivalry combined with the growing dominance of neo-liberal economic thinking to create a monetary system that was deeply flawed and destined to fail. It argu
Author : Samuel Brittan
Publisher : Harvard University Press
Page : 316 pages
File Size : 53,9 Mb
Release : 1996
Category : Business & Economics
ISBN : 0674094921
Sir Samuel Brittan, the doyen of British economic journalists, explores the connections between economics, ethics, and politics while assessing the merits and defects of capitalism in this post-socialist era.
Author : Olivier Jean Blanchard,Kenneth A. Froot,Jeffrey D. Sachs
Publisher : University of Chicago Press
Page : 288 pages
File Size : 41,6 Mb
Release : 2008-04-15
Category : Business & Economics
ISBN : 9780226056814
When communism fell in 1989, the question for most Eastern European countries was not whether to go to a market economy, but how to get there. Several years later, the difficult process of privatization and restructuring continues to concern the countries of the region. The Transition in Eastern Europe, Volumes 1 and 2 is an analysis of the experiences of various countries making the transition to market economies and examines the most important challenges still in store. Volume 1, Country Studies, gives an in-depth, country-by-country analysis of various reform experiences, including historical backgrounds and discussions of policies and results to date. The countries analyzed are Poland, Czechoslovakia, Hungary, eastern Germany, Slovenia, and Russia. Written by leading economists, some of whom helped shape local and national reforms, this volume identifies common progress, common difficulties, and tentative solutions to the problems of economic transition. Volume 2, Restructuring, focuses on specific issues of transition, including how to design labor market institutions, privatization, new fiscal structures, and bankruptcy laws; how to reorganize foreign trade; and how to promote foreign direct investment. The articles, written by experts in the field, will be of direct help to those involved in the transition process. These volumes provide a standard reference on economic transition in the region for policymakers in Eastern Europe and in western countries, for international agencies concerned with the transition process, and for anyone interested in learning about the dramatic changes that have recently occurred in Eastern Europe.
Author : A. Bhalla,F. Lapeyre
Publisher : Springer
Page : 254 pages
File Size : 49,6 Mb
Release : 2004-04-30
Category : Business & Economics
ISBN : 9780230005624
This volume looks at the three dimensions of social exclusion: economic, social and political. Exclusion is analyzed as a new approach to such issues as the 'new' poverty, precariousness, long-term unemployment, social polarization and lack of citizenship. The book shows how relational and distributional aspects of poverty are interlinked.
Author : J. van Rensburg,Campbell McConnell,Stanley Brue,Sean Flynn
Publisher : McGraw Hill
Page : 547 pages
File Size : 49,6 Mb
Release : 2021-04-22
Category : Business & Economics
ISBN : 9781526848734
Economics studies how people, businesses and governments use resources. What shapes our decisions? How do we allocate goods and services? What does a rational choice look like? In this third edition of Economics: A Southern African Context, the authors expertly guide us through the key principles of economics, providing a solid foundation in the subject. The text combines relevant Southern African examples with a clear and accessible narrative. By encouraging critical engagement with economic theories, it provides a basis for examining today’s economic, social, and political issues. Key Features: •A new structure to refocus the book and align with teaching •Additional online chapters, including the Economics of Pandemics, available in Connect® •Fully updated pedagogy, including Interactive Graphs, Last Word, and Quick Quiz boxes •Discussions on new developments in economics, such as the consequences of COVID-19 and the impact of BRICS membership on trade in South Africa •Revised end-of-chapter content to test comprehension, including Review Questions, Discussion Questions and Problems, available in Connect® Economics: A Southern African Context is available with McGraw Hill’s Connect®, the online learning platform which features resources to help faculty and institutions improve student outcomes and course delivery efficiency. Jan J. Janse van Rensburg is a lecturer at the University of Pretoria. His main area of interest is in teaching and course development with a focus on Principles of Economics. He also specializes in Health Economics, concentrating on the economic effects and costs of substance abuse. Campbell R. McConnell was a professor at the University of Nebraska-Lincoln, where he taught from 1953 until his retirement in 1990. Stanley L. Brue is a professor at Pacific Lutheran University, where he has been honoured as a recipient of the Burlington Northern Faculty Achievement Award. Sean M. Flynn is an associate professor of economics at Scripps College in Claremont, California.
Author : Libby Rittenberg
Publisher : Flat World Knowledge
Page : 551 pages
File Size : 51,6 Mb
Release : 2008
Category : Economics
ISBN : 9780982043035