Sentences with phrase «of macroeconomic models»

The average of macroeconomic models indicates that the total cost of the EU's climate policy will be $ 209 billion ($ 280 billion) per year from 2020 until the end of the century.
In the spirit of that openness I shall offer some iconoclastic observations.For the last quarter - century, there has been a consensus in favor of macroeconomic models that largely divorce issues of potential and cyclical performance.
Think of the most important aspects of a macroeconomic model — the level and growth rate of potential output, the real neutral interest rate, and the transmission of terms - of - trade shocks.
Simon Kirby, head of macroeconomic modelling and forecasting at the National Institute for Economic and Social Research, branded the rule «dramatically inflexible».

Not exact matches

Instead of using traditional macroeconomic models, Rickards prefers to borrow one from physics: complexity theory.
Klitgaard and Weir note that macroeconomic models — which often are based on interest rates, prices, and GDP — can help explain exchange rate changes over long horizons, but do a poor job of tracking daily, weekly, or monthly changes.
The inputs were run through the IMPLAN model to estimate the overall macroeconomic effects of preserving the status quo, which effectively prevents new pipeline infrastructure from being developed in the region.
In part, this is because the large scale of the models diminishes the ability to observe the key macroeconomic relationships central to the policy decision.
We are reviewing the measurement issues that are exacerbated by the proliferation of digital and services - oriented technologies.11 We are also developing our macroeconomic models to better account for changes in the distribution of income and wealth.
ACC Accounting & Auditing, AFR Africa, AGE Economics of Ageing, AGR Agricultural Economics, ARA Arab World, BAN Banking, BEC Business Economics, CBA Central Banking, CBE Cognitive & Behavioural Economics, CDM Collective Decision - Making, CFN Corporate Finance, CIS Confederation of Independent States, CMP Computational Economics, CNA China, COM Industrial Competition, CSE Economics of Strategic Management, CTA Contract Theory & Applications, CUL Cultural Economics, CWA Central & Western Asia, DCM Discrete Choice Models, DEM Demographic Economics, DEV Development, DGE Dynamic General Equilibrium, ECM Econometrics, EDU Education, EEC European Economics, EFF Efficiency & Productivity, ENE Energy Economics, ENT Entrepreneurship, ENV Environmental Economics, ETS Econometric Time Series, EUR Microeconomics European Issues, EVO Evolutionary Economics, EXP Experimental Economics, FDG Financial Development & Growth, FIN Finance, FMK Financial Markets, FOR Forecasting, GEO Economic Geography, GRO Economic Growth, GTH Game Theory, HAP Economics of Happiness, HEA Health Economics, HIS Business, Economic & Financial History, HME Heterodox Microeconomics, HPE History & Philosophy of Economics, HRM Human Capital & Human Resource Management, IAS Insurance Economics, ICT Information & Communication Technologies, IFN International Finance, IND Industrial Organization, INO Innovation, INT International Trade, IPR Intellectual Property Rights, IUE Informal & Underground Economics, KNM Knowledge Management & Knowledge Economy, LAB Labour Economics, LAM Central & South America, LAW Law & Economics, LMA Labor Markets - Supply, Demand & Wages, LTV Unemployment, Inequality & Poverty, MAC Macroeconomics, MFD Microfinance, MIC Microeconomics, MIG Economics of Human Migration, MKT Marketing, MON Monetary Economics, MST Market Microstructure, NET Network Economics, NEU Neuroeconomics, OPM Open Macroeconomics, ORE Operations Research, PBE Public Economics, PKE Post Keynesian Economics, POL Positive Political Economics, PPM Project, Program & Portfolio Management, PUB Public Finance, REG Regulation, RES Resource Economics, RMG Risk Management, SBM Small Business Management, SEA South East Asia, SOC Social Norms & Social Capital, SOG Sociology of Economics, SPO Sports & Economics, TID Technology & Industrial Dynamics, TRA Transition Economics, TRE Transport Economics, TUR Tourism Economics, UPT Utility Models & Prospect Theory, URE Urban & Real Estate Economics.
ACC Accounting & Auditing, AFR Africa, AGE Economics of Ageing, AGR Agricultural Economics, ARA Arab World, BAN Banking, BEC Business Economics, CBA Central Banking, CBE Cognitive & Behavioural Economics, CDM Collective Decision - Making, CFN Corporate Finance, CIS Confederation of Independent States, CMP Computational Economics, CNA China, COM Industrial Competition, CSE Economics of Strategic Management, CTA Contract Theory & Applications, CUL Cultural Economics, CWA Central & Western Asia, DCM Discrete Choice Models, DEM Demographic Economics, DEV Development, DGE Dynamic General Equilibrium, ECM Econometrics, EDU Education, EEC European Economics, EFF Efficiency & Productivity, ENE Energy Economics, ENT Entrepreneurship, ENV Environmental Economics, ETS Econometric Time Series, EUR Microeconomic European Issues, EVO Evolutionary Economics, EXP Experimental Economics, FDG Financial Development & Growth, FIN Finance, FMK Financial Markets, FOR Forecasting, GEO Economic Geography, GRO Economic Growth, GTH Game Theory, HAP Economics of Happiness, HEA Health Economics, HIS Business, Economic & Financial History, HME Heterodox Microeconomics, HPE History & Philosophy of Economics, HRM Human Capital & Human Resource Management, IAS Insurance Economics, ICT Information & Communication Technologies, IFN International Finance, IND Industrial Organization, INO Innovation, INT International Trade, IPR Intellectual Property Rights, IUE Informal & Underground Economics, KNM Knowledge Management & Knowledge Economy, LAB Labour Economics, LAM Central & South America, LAW Law & Economics, LMA Labor Markets - Supply, Demand & Wages, LTV Unemployment, Inequality & Poverty, MAC Macroeconomics, MFD Microfinance, MIC Microeconomics, MIG Economics of Human Migration, MKT Marketing, MON Monetary Economics, MST Market Microstructure, NET Network Economics, NEU Neuroeconomics, OPM Open Macroeconomics, PBE Public Economics, PKE Post Keynesian Economics, POL Positive Political Economics, PPM Project, Program & Portfolio Management, PUB Public Finance, REG Regulation, RES Resource Economics, RMG Risk Management, SBM Small Business Management, SEA South East Asia, SOC Social Norms & Social Capital, SOG Sociology of Economics, SPO Sports & Economics, TID Technology & Industrial Dynamics, TRA Transition Economics, TRE Transport Economics, TUR Tourism Economics, UPT Utility Models & Prospect Theory, URE Urban & Real Estate Economics.
Five years ago we published two papers [1, 2], which introduced a new macroeconomic model explaining the evolution of labour productivity in developed countries.
In a perfect world, we would have a macroeconomic model sophisticated enough to capture the emergence and resolution of financial imbalances, along with their related impacts on the real economy.
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 +)
«Inflation targeting» summarises the system widely adopted in the last two decades on a nation - by - nation basis, involving independent central banks using interest rates to keep inflation at a target level in the framework of a New Keynesian macroeconomic model.
I hold expertise in all the topics that come under Microeconomics, and some of them are Econometrics, Economic growth, Economic system, Experimental economics, Mathematical economics, Game theory, Market National accounting, Basic macroeconomic concepts, Output and Income Unemployment, Inflation and deflation, Macroeconomic models, Aggregate demand — aggregate supply, Growth models, Macroeconomic policy, Monetary policy, Fiscal macroeconomic concepts, Output and Income Unemployment, Inflation and deflation, Macroeconomic models, Aggregate demand — aggregate supply, Growth models, Macroeconomic policy, Monetary policy, Fiscal Macroeconomic models, Aggregate demand — aggregate supply, Growth models, Macroeconomic policy, Monetary policy, Fiscal Macroeconomic policy, Monetary policy, Fiscal policy, etc..
In this case, if your models of macroeconomics can't accommodate the boom / bust cycle, you don't deserve to be an economist.
To better understand the currency risk of the portfolios beyond tracking relative performance and currency movements, we use the Northfield U.S. Macroeconomic Equity Risk Model to breakdown total portfolio risk.
This model gives us the ability to understand the macroeconomic risk exposures, including changes in the value of the U.S. dollar, of a portfolio.
One weakness of many macroeconomic models is that they don't take account of the long - term resilience of economies, but focus on short - term losses, as if that were all that goes on.
We are aware of one macroeconomic model (Duke / Fuqua 2002) which claims to successfully anticipate 2/3 of growth and value switches over the preceding 25 years.
pdf) Dirk J Bezemer of Groningen University takes a scholarly look at which macroeconomic models helped anticipate the credit crisis and economic recession and which did not.
In addition, we believe that the more challenging macroeconomic environment could provide unique M&A opportunities, for which we are well - positioned with our balance sheet, our more predictable cash flow outlook resulting from Blizzard subscription business model, and the backing of Vivendi as a shareholder.
The central objective of our paper is to set forth a model — the macroeconomics evaluation of climate change (MECC) model — to evaluate the impact of climate change on GNP growth.
Synapse implements, assesses, and adapts many commonly used macroeconomic models, including IMPLAN and REMI, to predict the cascading economic and job impacts of capital projects and spending.
[35] HEM's Macroeconomic Activity Module makes use of the IHS Global Insight model, which is used by government agencies and Fortune 500 organizations to forecast the manifestations of economic events and policy changes on notable economic indicators.
For example, Brookings scholars helped convene the Stanford Energy Modeling Forum 32 exercise with eleven of the best macroeconomic models to model scenarios of a U.S. carbon tax.
Modeling comparable tax changes as a substitute for estimating the macroeconomic impact of complex regulatory schemes is a widely accepted practice.
This model includes modules covering a variety of energy markets and integrates with the IHS Global Insight macroeconomic model.
[18] HEM's Macroeconomic Activity Module uses the IHS Global Insight model, which is used by government agencies and Fortune 500 organizations to forecast the effects of economic events and policy changes on notable economic indicators.
But there are important differences between macroeconomic and climate modeling that limits the usefulness of the analogy.
McArdle appears reluctant to embrace the predictions of climate models under the assumption that they are similar to mid-century macroeconomic models, for which «only the unflappable true believers place great weight on their predictive ability» these days.
Ruiz Estrada, Mario Arturo (2013): The Macroeconomics evaluation of Climate Change Model (MECC - Model): The case Study of China.
Zhang, Z.X. (1998), Macroeconomic Effects of CO2 Emission Limits: A Computable General Equilibrium Analysis for China, Journal of Policy Modeling, Vol.
The assessments were based on set of actor interviews within maritime cluster and ship traffic emission modeling and macroeconomic modeling.
In their discussion of national - level and macroeconomic rebound effects, the report cites work by Barker et al (2009) using IEA modeling data that finds global average economy - wide rebound effects will reach approximately 31 % by 2020 and 52 % by 2030.
The report is documenting the findings of a Danish research project with an objective of to integrate the Danish macroeconomic model ADAM with elements from the energy simulation model BRUS, developed at Risø.
[10] While many companies appear to believe that climate targets will not be met, we are unaware of any company (save Statoil) that endeavors to incorporate the physical and economic impacts of largely unabated climate change on the macroeconomic forecasts that drive their modeling, though that flows, ipso facto, from the suggestion that the world is likely to use far more fossil fuels than could safely be combusted whilst still achieving those targets.
These three modules interact in a iterative procedure with the macroeconomic model ADAM through a number of links.
The Macroeconomics of Student Debt Cancellation models two scenarios where the U.S. government issues a one - time cancellation of all student loan debt.
During a meeting of the Federal Open Market Committee, held on Tuesday, December 11 and continued on Wednesday, December 12, 2012, the presentation focused on the potential effects on the U.S. economy, based in part on simulations of a staff macroeconomic model, and for the Federal Reserve's balance sheet and income of continuing to buy MBS and longer - term Treasury securities over various time frames.
Source: NAR Research forecast as of Oct. 9, based on Macroeconomic Advisors quarterly model of the U.S. economy
Source: NAR Research forecast as of Oct. 22, based on Macroeconomic Advisers» quarterly model of the U.S. economy.
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