Sentences with phrase «for macroeconomic policies»

This phenomenon lessens the scope which might otherwise exist for macroeconomic policies to expand the economy more quickly to a point where it operates with significantly lower unemployment.

Substantial changes in commodity prices present important policy issues, both for macroeconomic policies working on the demand side of the economy, and for structural policies that work on the supply side.

But they matter a great deal in determining how easy it is for macroeconomic policy to manage the economy's response to the shock.

«The Great Recession: Lessons for Macroeconomic Policy from Japan.»

Not exact matches

«Under - emphasis of these (structural) policies relative to macroeconomic, trade and financial stability policies is a key reason for many governments» failure in recent decades to mobilize a more effective response to widening inequality and stagnating median income as technological change and globalization have gathered force,» the report said.

«The GUIDES indicators that focus on some overall macroeconomic indicators,» Chisa recommends, plus «a few other topics that get you a lot of bang for the buck: British Colonialism, nations versus states, Dutch Disease (resource curse), Sovereign Wealth Fund, import substitution, current account balance, fiscal deficit, IMF austerity measures, and the «trilemma» of free - capital flows, independent monetary policy, and fixed exchange rates.»

PHILADELPHIA, Pa. - Cleveland Fed President Loretta Mester participates in panel «Coordinating Conventional and Unconventional Monetary Policies for Macroeconomic Stability» before the 2018 ASSA / American Economic Association Annual Meeting - 1730 GMT.

Suppose, for example, that macroeconomic policy choices convinced businesses to expect faster growth in the demand for their goods and services than they currently do.

Any attempt to do so (for example, by running a much tighter policy in order to constrain domestic demand) would be counterproductive and would detract from the Bank's broader macroeconomic goals.

While there are some signs of recognition such as the Fed's reduction in its estimated neutral rate from 4.5 percent to 3.0 percent during the last 2 years, the IMF's explicit use of the term secular stagnation in its World Economic Outlook, ECB president Mario Draghi's call for global coordination and greater use of fiscal policy, and Japan's indicated interest in fiscal - monetary cooperation, policymakers still have not made sufficiently radical adjustments in their world view to reflect this new reality of a world where generating adequate nominal GDP growth is likely to be the primary macroeconomic policy challenge for the next decade.

I do not see a case for a further rate increase on current facts and remain very concerned that macroeconomic policy has inadequately internalized all the aspects of large declines in the neutral real rate and secular stagnation risks.

New president Mauricio Macri has motivated his economic team to restore Argentina's macroeconomic balance by adopting a flexible currency policy, devaluing the peso, reducing subsidies and easing tariffs for agribusiness exporters.

«For the Fed, the underlying momentum is more important in terms of policy decisions, and that looks to be strong, supported by a tightening labor market, rising incomes and high consumer confidence,» Gregory Daco, head of U.S. macroeconomics at Oxford Economics, told Reuters.

In fact, the mainstream theoretical models that we use for monetary and macroeconomic analysis are built on the notion that monetary policy is conducted in a rule - like manner.

Attentions this week turn to a busy macroeconomic calendar headlined by the Bank of England's policy announcement Thursday while the more immediate focus turns to Manufacturing PMI for direction through trade on Monday.

Voting against the policy action was Thomas M. Hoenig, who believed that continuing to express the expectation of exceptionally low levels of the federal funds rate for an extended period was no longer warranted because it could lead to a build - up of future imbalances and increase risks to longer run macroeconomic and financial stability, while limiting the Committee's flexibility to begin raising rates modestly.

Regardless of the precise details of any particular framework, though, what is most important is for broadly good macroeconomic policy to be followed.

Lucy Macdonald is also a member of the firm's Global Policy Council, which is responsible for setting company - wide macroeconomic and strategic pPolicy Council, which is responsible for setting company - wide macroeconomic and strategic policypolicy.

For more Morgan Stanley Research on the U.S. macroeconomic and Fed policy outlook, ask your Morgan Stanley representative or Financial Advisor for the full report «FOMC: Time for Change» (Mar 2, 201For more Morgan Stanley Research on the U.S. macroeconomic and Fed policy outlook, ask your Morgan Stanley representative or Financial Advisor for the full report «FOMC: Time for Change» (Mar 2, 201for the full report «FOMC: Time for Change» (Mar 2, 201for Change» (Mar 2, 2017).

Banking and Monetary Statistics 1914 - 1941 (1,400 +) Data on the nominal term structure model from Kim and Wright (6 +) Historical Federal Reserve Data NBER Macrohistory Database (2,000 +) Penn World Table 7.1 (4,400 +) Penn World Table 9.0 (3,800 +) Recession Probabilities Weekly U.S. and State Bond Prices, 1855 - 1865 Economic Policy Uncertainty Sticky Wages and Comovement (3 +) A Millennium of Macroeconomic Data for the UK (9 +)

In part because human capital in these high quality sectors is deep and specific, so needs to be used to the full in exporting; in part because there are typically strong positive externalities to training and innovation systems from increased exports; in part because a tight fiscal policy constrains wage demands in the public sector from undermining restraint of export sector unions: these countries, as well as Japan and China for similar reasons, want no constraints on their exports through macroeconomic regulatory rules pressuring them to expand consumer demand.

Mr. Speaker, this year, we have restored macroeconomic stability, which is protecting the value of money in the pockets of ordinary Ghanaians and giving businesses the predictability space to plan and invest, thereby sowing the seeds for economicgrowth and jobs creation.The broad agenda for next year is to translate the stability achieved into shared growth with aggressive policies aimed at creating moreopportunities for jobs.

The strategies for achieving these broad macroeconomic objectives include the following: • Promoting inclusive growth without compromising fiscal consolidation; • Anchoring fiscal policy on reducing the fiscal deficit to low and sustainable levels, sufficient to reduce the overall public debt burden; • Strengthening the inflation targeting regime and pursuing complementary monetary policy to promote monetary discipline; and • Pursuing complementary external sector policies to ensure exchange rate stability and favourable current account balance.

Mr. Speaker, based on our policy objective of ensuring macroeconomic stability, and growing the economy for job creation, whilst protecting social spending, the following macroeconomic targets are set for the 2018 fiscal year: • Overall GDP growth rate of 6.8 percent; • Non-oil GDP growth rate of 5.4 percent; • End period inflation rate of 8.9 percent; • Average inflation rate of 9.8 percent; • Fiscal deficit of 4.5 % percent GDP; • Primary balance (surplus) of 1.6 percent of GDP; and • Gross Foreign Assets to cover at least 3.5 months of imports of goods and services

Mr. Speaker, consistent with our medium - term development policy framework, we have set the following macroeconomic targets for the medium term (2018 - 2021): • Real GDP to grow at an average rate of 6.2 percent between 2018 and 2020; • Inflation to stay within the target band of 8 ± 2 %; • Overall fiscal deficit to remain within the fiscal rule of 3 - 5 percent; • Primary balance expected to improve from a surplus of 0.2 percent of GDP in 2017 and remain around 2.0 percent in the medium term; and • Gross International Reserves to cover at least 4 months of imports.

[5] Lane Kenworthy, professor of sociology at the University of California at San Diego, has stated that Sanders is a social democrat and not a democratic socialist -LSB-...] Mike Konczal, an economic policy expert at the Roosevelt Institute, also characterizes Sanders» positions as «social democracy» rather than «socialist», noting that social democracy means support for a mixed economy combining private enterprise with government spending, social insurance programs, Keynesian macroeconomic policies, and democratic participation in government and the workplace - all of which are a part of Sanders» platform.

«In any case, because of the growing intensity of the shocks and the reduced degrees of freedom for expansionary macroeconomic policies, Latin America and, in particular, South America will experience very weak performance both in 2015 and in 2016.»

Arguing for a «behaviorally informed Keynesianism,» Akerlof and Shiller discuss a variety of macroeconomic topics including business cycles, inflation, unemployment, financial and real estate booms and busts, poverty, and monetary policy.

There are also essay plans with evaluation for all three macroeconomic policies.

Voting against the policy action was Thomas M. Hoenig, who believed that continuing to express the expectation of exceptionally low levels of the federal funds rate for an extended period was no longer warranted because it could lead to a build - up of future imbalances and increase risks to longer run macroeconomic and financial stability, while limiting the Committee's flexibility to begin raising rates modestly.

For a real - world example of how a system of market - chosen monetary policy would work in the absence of a central bank, one need not look to the past; the example exists in present - day Central America, in the Republic of Panama, a country that has lived without a central bank since its independence, with a very successful and stable macroeconomic environment.

The Fund has a role to play in helping its members address those challenges of climate change for which fiscal and macroeconomic policies are an important component of the appropriate policy response.

It takes stock of the wide - ranging implications for fiscal, financial, and macroeconomic policies of coming to grips with climate change.

Managing Macroeconomic Policies for Sustainable Growth: A Computable General Equilibrium Inquiry (Edward Elgar, Cheltenham, UK, 2012).

Zhang, Z.X. (1998), Macroeconomic Effects of CO2 Emission Limits: A Computable General Equilibrium Analysis for China, Journal of Policy Modeling, Vol.

I'm leaving the details of macroeconomic thinking and policy for another chapter and writing about how society should handle risk.

► Sector level considers sector policies in a «partial - equilibrium» context, for which other sectors and the macroeconomic variables are assumed to be as given.