Sentences with phrase «growth factors economists»

There is no time where economic growth factors economists and policy makers denied the role of the financial sector.

Not exact matches

That factor, along with above - trend GDP growth, could fuel an increase in total employee compensation by slightly more than 2 % in 2017 and 2018 — in line with nominal GDP growth — while growth in average hourly earnings could accelerate to around 3 % in 2018, according to Morgan Stanley Chief Japan Economist Takeshi Yamaguchi, in a recent report.

(The late British economist Angus Maddison credited open trade as one of three factors that mattered to income growth and poverty reduction, along with innovation and settlement of relatively sparse areas.)

Commenting on the figures, Construction Products Association senior economist, Kelly Forrest said: «It is encouraging that sales rose in the first quarter, but manufacturers also highlighted the key factors that threaten growth throughout 2012 and into 2013, these factors include the continuing uncertainty within the euro zone, and significant concern regarding rising costs, especially fuel costs.

All economists now agree that investment is not just the most important factor in economic growth but outweighs all others put together.

Starting after World War II and continuing in the 1970s and 1980s, economists have largely settled the question of where the exponential growth of the U.S. economy has come from and what the factors that produced it were.

For example, many economists believe the rapid influx of comparatively less - educated foreign immigrants has been a factor in suppressing wage growth at the lower end of the income scale (and hence in increasing inequality).

Economists Eric Hanushek and Ludger Woessmann concluded that the two tests measure «a common dimension of skills,» and that the scores can be aggregated to form a single national - level indicator of cognitive ability predicting economic growth.6 Psychologist Heiner Rindermann referred to that common dimension as a «g - factor,» standing for general intelligence.

«Prevailing consensus amongst economists is that liquidity is an important factor in price discovery, and that it will fuel the growth of any market or asset class regardless,» Lee added, citing this World Bank report.

An economist also has to research on population growth, currency, consumer spending trends, and other factors that determine the economy of a nation.

«This growth was likely spurred by several factors, including a warm winter that allowed builders to stick to construction schedules, last year's strong home construction starts, and a gradual shift from building apartments to individual homes,» says Joseph Kirchner, senior economist at realtor.com ®.

Accelerating economic growth and employment gains are the primary factors that have helped consumer confidence jump back to pre-recession levels, according to NAHB Chief Economist David Crowe.