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Author: Craig Hakkio
Publisher: DIANE Publishing
Keywords: dynamics, inflation, global
Number of Pages: 36
Published: 2010-11
ISBN-10: 1437934552
ISBN-13: 9781437934557

Examines the dynamics of various measures of national, regional, and global inflation. The author calculates the first two common factors for four measures of industrial country inflation rates: total CPI, core CPI, cyclical total CPI, and cyclical core CPI. He then demonstrates that the first common factor is sometimes helpful in forecasting national inflation rates. It also shows that the second common factor and the first common factor for cyclical inflation is sometimes helpful in forecasting national CPI inflation rates. Finally, Hakkio suggests that the commonality of industrial inflatio

Author: Unknown
Publisher: World Bank Publications
Keywords: developing, countries, informality, unemployment, movements, cyclical
Number of Pages: 53
eBookDB-ID: GGKEY:515P

Author: Gottfried Haberler
Publisher: Ludwig von Mises Institute
Keywords: cyclical, movements, analysis, theoretical, depression, prosperity
Number of Pages: 558
Published: 1960
ISBN-10: 1610161726
ISBN-13: 9781610161725

Author: Glenn Follette
Publisher: DIANE Publishing
Keywords: fiscal, policy, actions, economy, stabilizers, automatic, discretionary
Number of Pages: 40
Published: 2011-04
ISBN-10: 1437939880
ISBN-13: 9781437939880

Examines the effects of the economy on the govżt. budget as well as the effects of the budget on the economy. Provides measures of the effects of automatic stabilizers on budget outcomes at the fed., state and local levels. At the fed. level, the deficit increases about 0.35% of GDP for each 1 percentage point deviation of actual GDP relative to potential GDP. For state and local govżt., the deficit increases by 0.1% of GDP. Examines the response of the economy to the automatic stabilizers by comparing the response to aggregate demand shocks. The authors find that federal policy actions are

Author: Guillermo Perry
Publisher: World Bank Publications
Keywords: prudence, abstinence, growth, stabilization, policy, fiscal
Number of Pages: 354
Published: 2008
ISBN-10: 0821370847
ISBN-13: 9780821370841

Fiscal policy in Latin America has been guided primarily by short-term liquidity targets whose observance was taken as the main exponent of fiscal prudence, with attention focused almost exclusively on the levels of public debt and the cash deficit. Very little attention was paid to the effects of fiscal policy on growth and on macroeconomic volatility over the cycle. Important issues such as the composition of public expenditures (and its effects on growth), the ability of fiscal policy to stabilize cyclical fluctuations, and the currency composition of public debt were largely neglected. As

Author: G. W. Trompf
Publisher: University of California Press
Keywords: antiquity, reformation, thought, western, historical, recurrence, idea
Number of Pages: 396
Published: 1979
ISBN-10: 0520034791
ISBN-13: 9780520034792

The concept of viewing historical change as a cyclical process is analyzed, beginning with the works of Polybius, historian of the Roman empire, and ending with Machiavelli, with an examination of the biblical concept of historical change

Author: Unknown
Publisher: OECD Publishing
Keywords: belgium, surveys, economic, oecd
Number of Pages: 156
Published: 2001-03-15
ISBN-10: 9264190848
ISBN-13: 9789264190849

A general economic survey of Belgium that provides an overview of recent trends and prospects, macroeconomic policies and the progress made towards structural reform. It also contains a chapter examining the appropriateness of economic instruments to encourage environmentally sustainable growth. Overall, the survey finds that Belgium's economic performance has been good over the past few years. The challenge that lies ahead will be to move from a robust cyclical expansion to a sustainable non-inflationary level of growth. The key to a successful transition will be the combination of wage moder
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