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Sustained Budget Deficits: Longer-Run U.S. Economic Performance and the Risk of Financial and Fiscal Disarray AEA-NAEFA Joint Session, Allied Social Science Associations Annual Meetings, The Andrew Brimmer Policy Forum, ""National Economic and Financial Policies for Growth and Stability"" By: Allen Sinai, Peter R. Orszag and Robert E. Rubin The U.S. federal budget is on an unsustainable path. In the absence of significant policy changes, federal government deficits are expected to total around $5 trillion over the next decade.
Certificate in Economic Measurement 2011 Economic Measurement Seminar Links to presentations Now in its 8th year, The NABE Foundation's Economic Measurement Seminar (formerly, the Professional Development Seminar) is a convenient, cost-effective program designed to strengthen your knowledge of economic statistics and analytical techniques, enhancing your ability to add value in your workplace. Each session at the EMS pairs data producers with prominent data users to provide you with an insightful view of how data are compiled and how they are used by leading analysts. EMS attendees earn the Certificate in Economic Measurement and enjoy numerous opportunities to network with instructors and colleagues. The Economic Measurement Seminar features a dual-track format and includes sessions on:
Economic Freedom of the World project | www.freetheworld.com Economic freedom has been shown in numerous peer-reviewed studies to promote prosperity and other positive outcomes. It is a necessary condition for democratic development. It liberates people from dependence on government in a planned economy, and allows them to make their own economic and political choices.
by R. Preston McAfee Google News: Because of the change in FlatWorld's business model, we have ended our relationship with them. We are looking for someone who would like to take charge of IEA. Interested? Introduction to Economic Analysis
The National Bureau of Economic Research
IDEAS: Economics and Finance Research Share: MyIDEAS: Login Fourni par Traduire Welcome to the largest bibliographic database dedicated to Economics and available freely on the Internet. Over 1,500,000 items of research can be browsed or searched, and over 1,300,000 can be downloaded in full text!
RePEc: Research Papers in Economics General principles RePEc (Research Papers in Economics) is a collaborative effort of hundreds of volunteers in 81 countries to enhance the dissemination of research in Economics and related sciences. The heart of the project is a decentralized bibliographic database of working papers, journal articles, books, books chapters and software components, all maintained by volunteers. The collected data is then used in various services as described below. So far, over 1,600 archives from 80 countries have contributed about 1.4 million research pieces from 1,800 journals and 3,800 working paper series.
Mundell–Fleming model The Mundell–Fleming model, also known as the IS-LM-BoP model, is an economic model first set forth (independently) by Robert Mundell and Marcus Fleming. The model is an extension of the IS-LM Model. Whereas the traditional IS-LM Model deals with economy under autarky (or a closed economy), the Mundell–Fleming model describes an open economy. The Mundell–Fleming model portrays the short-run relationship between an economy's nominal exchange rate, interest rate, and output (in contrast to the closed-economy IS-LM model, which focuses only on the relationship between the interest rate and output). The Mundell–Fleming model has been used to argue that an economy cannot simultaneously maintain a fixed exchange rate, free capital movement, and an independent monetary policy.
In economics, deflation is a decrease in the general price level of goods and services. Deflation occurs when the inflation rate falls below 0% (a negative inflation rate). This should not be confused with disinflation, a slow-down in the inflation rate (i.e., when inflation declines to lower levels). Inflation reduces the real value of money over time; conversely, deflation increases the real value of money – the currency of a national or regional economy. This allows one to buy more goods with the same amount of money over time. Causes and corresponding types In monetarist theory, deflation must be associated with either a reduction in the money supply, a reduction in the velocity of money or an increase in the number of transactions. But any of these may occur separately without deflation. Deflation
IS/LM model The IS curve moves to the right, causing higher interest rates (i) and expansion in the "real" economy (real GDP, or Y). The IS–LM model (Investment Saving–Liquidity Preference Money Supply) is a macroeconomic tool that demonstrates the relationship between interest rates and real output, in the goods and services market and the money market. The intersection of the IS and LM curves is the "general equilibrium" where there is simultaneous equilibrium in both markets.
Why do good institutions ever decline?
Caucus Night Colorado Tonight is Caucus night in Colorado. Thousands of political junkies and activists will turn out to elect delegates to represent candidates at the party state assemblies in May. Key races to watch include the Democratic and Republican U.S. Senate contests. Democratic Sen.
Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse (9781596985872): Thomas E. Woods Jr., Ron Paul
An attribute vector, which may be a dummy or panel variable, is assigned to each characteristic or group of characteristics. Hedonic models can accommodate non-linearity, variable interaction, or other complex valuation situations. Hedonic models are commonly used in real estate appraisal, real estate economics and Consumer Price Index (CPI) calculations. In CPI calculations hedonic regression is used to control the effect of changes in product quality. Price changes that are due to substitution effects are subject to hedonic quality adjustments. Hedonic regression
January 24, 2003 By Peter Monaghan How do you start a fire under a huge wet blanket? A faction of disgruntled economists says that is their predicament. Their efforts to open the field to diverse views are smothered, they say, by an orthodoxy -- neoclassical economics and its derivatives -- that is indulgently theoretical and mathematical in its aspiration to be more "scientific" than any other social science. Although it is inadequate to explain human behavior, they say, that brand of economics Taking On 'Rational Man' - Research
Table 1. Overview of the World Economic Outlook Projections(Percent change, unless otherwise noted) Concern over sovereign risk spilled over to banking sectors in Europe. Funding pressure reemerged and spread through interbank markets, fed also by uncertainty about policy responses. World Economic Outlook (WEO) Update -- Restoring Confidence with
Center For Continuing Study of the California Economy CCSCE conducts research under contract to public agencies, private clients and foundations. CCSCE’s principal expertise is in developing long-term projections of economic and demographic trends for California and sub state market areas. CCSCE helps clients see the important stories told by the numerical projections and relate these stories to the needs of each client. In addition to the long-term projection analysis and story development, CCSCE has experience in analyzing state budget, workforce and immigration trends and related policy issues. CCSCE works alone or in teams with other professionals where CCSCE provides the California economy expertise.
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Social comparison theory
A survey of ecological economics