Investors might be rubbing their hands at the prospect of an upcoming QE2, but concern is growing over
the effect of another stimulus package.
Another unrelated note: I'll add that the softness in activity is consistent with the lag in monetary policy — that is,
the effect of the stimulus provided in January has not fully made its way through to the real economy.
The markets will correct and the focus will shift to
the effects of the stimulus at this stage of the recovery, which has been questioned by many economists.
Podcast: Education Next's Paul Peterson and Chester E. Finn, Jr. talk this week (Nov. 24) about
the effect of the stimulus package on education, a sector that has proven to be very good at job creation.
Beginning as an abstract painter and figurative sculptor, his motivation grew from an interest in chroma and psychophysical
effects of these stimuli acting upon his five known senses.
The Effect of Stimulus Content on Volunteering for Sexual Interest Research among College Students
The average tax burden is at its lowest level in more than 40 years due to
the effects of the stimulus bill passed in February.
Not exact matches
They had never really before tried to limit the negative
effects of low interest rates — asset - price bubbles — while at the same time as applying a heavy dose
of monetary
stimulus.
«If there are any negative
effects of low rates on net interest income in the future, they should be largely offset by the positive
effects of monetary
stimulus on the other main components
of profitability, such as the quality
of loans and therefore on loan - loss provisions,» Draghi added.
Fiscal
stimulus introduced in recent provincial budgets is expected to help offset these
effects by adding about 0.4 per cent to Canada's real GDP by the end
of 2020.
This is just another way in which the Fed is pumping monetary
stimulus into the economy to offset the
effect of fiscal restraint.
Once one accounts for fiscal feedback
effects, the net cost per job created
of these targeted job creation policies are perhaps one - fourth
of the net costs
of general fiscal
stimulus.
The massive and multifaceted policy responses to the financial crisis and Great Recession — ranging from traditional fiscal
stimulus to tools that policymakers invented on the fly — dramatically reduced the severity and length
of the meltdown that began in 2008; its
effects on jobs, unemployment, and budget deficits; and its lasting impact on today's economy.
This is just another way
of saying that low interest rates are actually having big
effects today, but the headwinds pushing back on that
stimulus remain quite powerful.
This exaggerates the impression
of disagreement within the committee, arguably diluting the
effect of new
stimulus policies not long after they are unveiled.
Rather, that projection continues to rely on the expected
effects of domestic fiscal
stimulus.
We also need to watch the full
effects of the government's fiscal
stimulus unfold.
«We think that the beneficial
effects of the supply - side
stimulus, especially that begin to accumulate after this year, take a lot
of pressure off
of inflation.»
The brighter conditions in the labour market have supported consumer spending as the
effects of the fiscal
stimulus earlier in 2004 have waned.
WASHINGTON — Most business economists believe the Federal Reserve's controversial bond - buying
stimulus program has helped boost the recovery, but differ on the
effects of the healthcare reform law and other policies by President Obama and Congress, according to survey results released Monday.
Markets are closely watching the ECB's timetable because the eventual withdrawal
of stimulus will have wide - ranging
effects on markets and consumers.
In late October, South Korea announced that its economy grew at an annual rate
of 2.6 % in the third quarter, the fastest pace in five years, aided by a
stimulus - driven rebound in domestic demand that outweighed the negative
effect of slowing Chinese and global demand.
For instance, during the recent
stimulus bill, Billions
of dollars in federal tax dollars were diverted to states to cover budget shortfalls, which had the indirect
effect of preventing municipalities from declaring bankruptcy.
Japan's stock market jumped Monday after global finance leaders gave a seal
of approval to the country's
stimulus program and refrained from criticizing its weakening
effect on the yen.
Though a final deal on the United Kingdom's departure from the EU remains years away, the British pound has already experienced a significant adjustment, a
stimulus which we believe should go a long way toward offsetting the potential negative
effects of the uncertainty surrounding the country's relationship with Europe.
This
effect «provides more evidence that the brain's ability to integrate various sensory
stimuli plays a key role in locating the self in the body» and
of the way it «puts together our autobiographical self».
Its figures show, among other things, that, after an initial demand
stimulus, the
effect of a significant rise in military spending (as we've experienced in recent years) turns negative around the sixth year.
The media invade our privacy, and we still do not know the
effects that such a multiplicity
of stimuli have on us.
1) Charities spend their income on necessities, such as food and utilities, which ever - so - slightly re-orients our economy toward recession - resistant products, rather than luxuries 2) Charities spend their money quickly, but on independent schedules, making for a smoother
stimulus effect on the economy 3) Charities make purchases tax - free, meaning that $ 1 spent by a charity generates a full $ 1
of private economic activity; furthermore, much
of those tax revenues are recovered as income tax on the grocery stores, utility companies, etc. that might not have received that income otherwise 4) Charitable giving is by far the most democratic way to improve society; from birth control to bombers, government assuredly spends money on something you don't like, and charitable giving restores your say - so 5) Charitable donations are tax deductible, meaning you keep those tax dollars in your local community 6) Charitable donations provide the funds necessary for volunteers to serve the needy, thus giving «the average citizen» a chance to meet and interact with the needy, breaking down stereotypes
The attitude
of the present paid - time religious broadcasters, for example, is indicative
of what Schramm referred to as the «hypodermic» approach to mass - communication
effect (i.e., where the message
of the broadcaster acts as a powerful and direct
stimulus to action on the part
of the receiver).
To quote the researchers: «Thus, modification
of this PIP2 regulatory domain by genetic, biochemical, or pharmacological mechanisms may have profound
effects on sensitivity
of primary afferent nerve fibers to chemical and thermal
stimuli under normal or pathological conditions.»
Thus, although swaddling clearly promotes sleep and decreases the number
of awakenings, the
effects on arousability to an external
stimulus remain unclear.
Fourth, higher quality maternal interactions have been shown to improve brain development at 5, 10 and 24 months.34 Fifth, there is growing evidence to suggest that the beneficial
effects of exclusive breastfeeding may be moderated by the infant's genome, 35,36 and the metabolism
of the fatty acids in maternal breast milk.37 For example, Krol et al. 36 showed that infants exclusively breastfed for a longer duration (above the 50th percentile) showed a heightened sensitivity and interest in a happy visual
stimulus (eyes) than infants exclusively breastfed for a shorter duration (below the 50th percentile).
Physiologic studies have demonstrated that, in general, swaddling decreases startling, 301 increases sleep duration, and decreases spontaneous awakenings.310 Swaddling also decreases arousability (ie, increases cortical arousal thresholds) to a nasal pulsatile air - jet
stimulus, especially in infants who are easily arousable when not swaddled but less so in infants who have high arousal thresholds when not swaddled.301 One study found decreased arousability in infants at 3 months
of age who were not usually swaddled and then were swaddled but found no
effect on arousability in routinely swaddled infants.301 In contrast, another group
of investigators showed decreased arousal thresholds310 and increases in autonomic (subcortical) responses311 to an auditory
stimulus when swaddled.
In
effect the expected
stimulus impact
of projected capital expenditure in 2016 may not materialize!
So although there are many infrastructure projects in other parts
of the country, the
stimulus from house building would mostly
effect the south east, which is not where it is mostly needed.
In this case, pregnancy occurred through artificial insemination with semen from stallions other than those exposed to the females; thus, the
effect was driven by physical exposure
of the mares to «
stimulus» males, rather than by the genetic similarity
of the donors.
«We were surprised to find that the
effects on participants» perception
of acoustic space were almost as strong for imagined
stimuli as they were for real visual
stimuli,» says Berger.
Joachim Vosgerau at Carnegie Mellon University in Pittsburgh, Pennsylvania, and colleagues studied the
effect of mental processes on habituation — the weakening
of our response to a
stimulus when it is repeated.
The scientists were further able to demonstrate how the brain implements this placebo
effect: although the subjects were given the same pain
stimuli, the nerve cells in the second run triggered a different pattern
of brain activity.
«Alcohol's rewarding
effects can enhance memories
of environmental
stimuli.»
The scientists discovered that a class
of mechanoreceptors in the skin that detect painful mechanical
stimuli are part
of a feedback circuit in which excitatory neurons that produce the hormone somatostatin are inhibited by neurons that synthesize dynorphin (a natural analgesic molecule that produces
effects similar to opiates).
Furthermore, awareness that today's budget deficits will eventually require spending cuts and tax increases at least blunts the short - term
stimulus effects of the deficits.
«However, we found no transfer
of the
effect to the other domains
of non-linguistic auditory and visual
stimuli» concludes the research scientist.
The types
of stimuli that share this common
effect on protein phosphorylation include numerous substances that do not act through cyclic AMP.
Led by Monika Seltenhammer
of MedUni Vienna's Department
of Forensic Medicine (Head: Daniele U. Risser) it has now been shown in a study published in the «Journal
of Addiction Research & Therapy» that the
effects of this chronic
stimulus can even be identified post-mortem as «dependence memory.»
The researchers investigated the
effects of health warnings on food choices in the presence or absence
of food - associated
stimuli.
«It seems that the positive
effects of physical activity on arterial stiffness require sufficient cardiovascular strain, and light physical activity does not provide that kind
of stimulus.
There is however reason to believe that these
effects were mostly the results
of exposure to specific
stimuli and subsequent priming that formed part
of these studies.
Although the
effects of ODS on acid and salt responses closely phenocopied 5 - HT3AKO, the
effects of ODS on other
stimuli were less robust but trended in the same direction.