By combining policy expertise with a suite of detailed energy - economic models, Rhodium helps clients understand the impact of energy and climate change policy
on economic output, energy markets, and greenhouse gas emissions.
On the vital question of how to approach climate change, the most influential economist is William Nordhaus whose explicit position is that we should decide to reduce greenhouse gas emissions only if cost - benefit analysis or an optimisation model concludes that the net benefits to humans are positive, where the relevant effects are essentially impacts
on economic output (Nordhaus and Yang, 1996).
Benjamin Franklin, per a biography I'm reading, argued that the stock market was superior to gold (from the context, it sounds like the cash of his day) because of what the stock market represents: essentially you're betting
on the economic output of workers.
From this perspective, there is little reason to expect the Fed's policy of «quantitative easing» to have real effects
on economic output.
The impact
on economic output across the world is projected to be US$ 5.36 trillion between 2011 and 2030.
The indicated solution is to limit the proliferation of debt by borrowing less, for instance, and to channel savings more into equities and tangible investment than into debt - claims
on economic output.
Not exact matches
The campaign plan expected «proposals
on trade, regulatory and energy policy would raise
economic output and revenues» to offset most of the remaining shortfall, as cited by the Tax Policy Center analysis.
Rescinding the program could mean the loss of as much as $ 460 billion in
economic output over the next decade, according to a recently released report from the House Committee
on Small Business, which was released by ranking member Nydia Velázquez (D. - N.Y.)
Singapore downgraded its forecasts
on economic growth and exports for 2016 after confirming a contraction in
output in the third quarter, raising the risk of a recession amid fresh uncertainty around global trade under U.S. President - elect Donald Trump.
CBO says
economic growth from the tax cuts will add 0.7 percent
on average to the nation's
economic output over the coming decade.
On its website, the White House says that by 2023, the U. S. economy will lose some $ 80 billion in
economic output by not allowing a path to citizenship for the estimated 11 million undocumented workers.
Given these positive surprises, and because monetary policy must be forward - looking to achieve our inflation target, Governing Council's discussions focused
on three main issues: first, the extent to which recent strength is signalling stronger
economic momentum in Canada and globally; second, how heightened levels of uncertainty, particularly about US tax and trade policies, should be incorporated in our outlook; and third, how much excess capacity the economy currently has, and the growth rate of potential
output going forward.
Since June, oil has receded 30 %
on fears China's
economic slowdown would lead to reduced oil consumption from a country that accounts for 15 % of the world's
economic output.
His comments, made to the U.K.'s Daily Mail, came
on the same day as a «raft of dismal
economic news from around the world, with manufacturing
output falling in Britain and Europe, unemployment jumping in the eurozone and America, and fast - emerging economies such as Brazil and China showing signs of running out of steam.»
The $ 60 billion in U.S. tariffs
on Chinese goods represents a negligible dent in Chinese
economic output.
On the other hand, the Poloz - led Bank's record at identifying the timing and magnitude of economic shocks on output has been bad — granted, the sample size is small (1!
On the other hand, the Poloz - led Bank's record at identifying the timing and magnitude of
economic shocks
on output has been bad — granted, the sample size is small (1!
on output has been bad — granted, the sample size is small (1!).
The answer came
on March 8 in Santiago, Chile, when a revised version of the original pact, called Comprehensive and Progressive Agreement for Trans - Pacific Partnership (CPTPP or TPP - 11) was signed by eleven nations that represent roughly 40 % of the world's
economic output.
In his speech to the Committee for the Republic in Washington D.C.
on January 16, 2013, Richard Fisher of the Dallas Fed said: «The next financial crisis could cost more than two years of
economic output, borne by millions of U.S. taxpayers.
Oman, the poorest Gulf Arab country
on the basis of
economic output per person, was cut for the first time by Moody's Investors Service, which cited the negative impact of Continue Reading
On the surface, both segments represent similar contributions to overall employment and
economic output.
A measure of
economic output similar to gross domestic product (GDP) which includes all taxes received and excludes subsidies
on products.
U.S. consumer prices were unchanged in July
on falling gasoline costs, but solid gains in industrial
output and home building suggested a pickup in
economic activity that could allow the Federal Reserve to raise interest rates this year.
Oman, the poorest Gulf Arab country
on the basis of
economic output per person, was cut for the first time by Moody's Investors Service, which cited the negative impact of lower oil prices
on government finances,
economic performance and balance - of - payments.
Investment, which accounts for about half of China's
economic output, was a major drag
on growth in the fourth quarter, a result of monetary authorities making credit more expensive.
Economic growth in Alberta remains positive, even when one accounts for every conceivable indirect outside force
on the price of Canadian oil, no matter how tenuous the connection is: potential new Iranian supply, single - industry OPEC nations being forced to reduce
output, Greece leaving the Eurozone, Donald Trump surging in the polls, Tom Brady facing suspension, etc..
The Bank will focus
on the inflation and
output consequences of any
economic disturbance, including asset - price shocks, and will continue to respond in a manner consistent with meeting its long - run inflation objective.
Economic performance
on organic farms in many countries and numerous crops are often found to be comparable with those
on conventional farms, even without additional subsidies and sometimes even without
output price premiums.
There are 526,000 immigrants living
on Long Island, making up 18 percent of the region's population and 20 percent of the
economic output of Long Islanders, according to a study released today by the Fiscal Policy Institute, New Americans
on Long Island: A Vital Fifth of the Economy.
On average, each of the 25.5 billion miles Americans drove while under the influence in 2010 cost the economy 12 jobs and reduced national
economic output by $ 0.80 and GDP by $ 0.40.
The shift would reduce
economic output by between 2 - 6 percent by 2050, because of the costs of building a cleaner energy system based
on low - carbon energies that are more expensive than abundant coal, the IPCC said.
By one estimate, over a third of global
economic output depends
on catalytic processes.
Building Bricks: Exploring the Global Research and Innovation Impact of Brazil, Russia, India, China and South Korea, written by Jonathan Adams, David Pendlebury, and Bob Stembridge, highlights these countries» public and private investments in research and development, their scientific and engineering labor forces, their
output of research papers and particularly active areas of research, their academic impact as measured by citations, and their
economic potential based
on innovation and patenting.
China, the world's biggest emitter of greenhouse gases, is betting
on carbon trading as a key measure to cut its emissions for each unit of
economic output 40 to 45 percent below 2005 levels by 2020.
Every dollar spent
on hospital research generates nearly three dollars of
economic output and supports 42,000 jobs.
A «socioeconomic» module would generate predictions of greenhouse gas emissions based
on population and world
economic output;
Studies of policy policies
on economic development, including
output and distributional impacts.
Included in the PowerPoint: Macroeconomic Objectives (AS Level) a) Aggregate Demand (AD) and Aggregate Supply (AS) analysis - the shape and determinants of AD and AS curves; AD = C+I+G + (X-M)- the distinction between a movement along and a shift in AD and AS - the interaction of AD and AS and the determination of the level of
output, prices and employment b) Inflation - the definition of inflation; degrees of inflation and the measurement of inflation; deflation and disinflation - the distinction between money values and real data - the cause of inflation (cost - push and demand - pull inflation)- the consequences of inflation c) Balance of payments - the components of the balance of payments accounts (using the IMF / OECD definition): current account; capital and financial account; balancing item - meaning of balance of payments equilibrium and disequilibrium - causes of balance of payments disequilibrium in each component of the accounts - consequences of balance of payments disequilibrium
on domestic and external economy d) Exchange rates - definitions and measurement of exchange rates - nominal, real, trade - weighted exchange rates - the determination of exchange rates - floating, fixed, managed float - the factors underlying changes in exchange rates - the effects of changing exchange rates
on the domestic and external economy using AD, Marshall - Lerner and J curve analysis - depreciation / appreciation - devaluation / revaluation e) The Terms of Trade - the measurement of the terms of trade - causes of the changes in the terms of trade - the impact of changes in the terms of trade f) Principles of Absolute and comparative advantage - the distinction between absolute and comparative advantage - free trade area, customs union, monetary union, full
economic union - trade creation and trade diversion - the benefits of free trade, including the trading possibility curve g) Protectionism - the meaning of protectionism in the context of international trade - different methods of protection and their impact, for example, tariffs, import duties and quotas, export subsidies, embargoes, voluntary export restraints (VERs) and excessive administrative burdens («red tape»)- the arguments in favor of protectionism This PowerPoint is best used when using worksheets and activities to help reinforce the ideas talked about.
Baker argues that several states, such as Arizona, Tennessee and Michigan, are spending too small a share of their state's
economic output on education.
Yield curves change shape as the
economic situation evolves, based
on developments in macroeconomic factors like interest rates, inflation, industrial
output, GDP figures and balance of trade.
The central banker says governments should cobble together a mix of policies to the boost the country's
economic output — even if each opportunity
on its own offers only a slight improvement.
Another positive
economic report was the U.K.» sonstruction
output report since that printed a 3.5 % year -
on - year sruge in August, very soundly beating expectations for a modest 0.2 % increase in
output.
The market for credit default swaps market (a derivative
on insurance
on when a business defaults), for example, was enormous, exceeding the entire world
economic output of $ 50 trillion by summer 2008.
Because of the size of the system this is quite indirect and works only until real
economic output (oil, manufacture, services etc.) pushes the money supply
on an exponential level.
As explained
on page 42 of The Rough Guide to Climate Change by Robert Henson, «carbon intensity is a measure of how much fossil fuel it takes to produce a certain amount of
economic output.»
The Brookings Institution, a think - tank, recommends that America focus
on metropolitan areas, or «metros», the top 100 of which account for 65 % of population and 75 % of
economic output.
If it did in fact represent the
output of an
economic model instead of a sketchy idea drawn
on a napkin, it would be an ensemble of models with different underlying policy decisions regarding the distribution of tax expenditures.
On a per capita basis,
economic output in Alliance states expanded twice as fast as in the rest of the country, showing that climate action and
economic growth go hand in hand.
The DICE model attempts to quantify how the atmospheric concentration of CO2 negatively affects
economic output through its impact
on global average surface temperature.
IEA releases Oil Market Report for January As oversupply, mild temperatures and grim
economic news check growth demand, non-OPEC
output falls year -
on - year for first time since 2012 19 January 2016
It promised not only a dramatic expansion of the administrative state and a huge increase in the regulatory burden
on American businesses, it threatened to put the brakes
on U.S.
economic output at a time when most economists think the U.S. will struggle to achieve even a meager two percent growth.