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A Long-term Macroeconomic Equilibrium Model for the European Community

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Release : 1982
Genre : European Economic Community countries
Kind : eBook
Book Rating : 359/5 ( reviews)

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Book Synopsis A Long-term Macroeconomic Equilibrium Model for the European Community by : Hans-Holger Rogner

Download or read book A Long-term Macroeconomic Equilibrium Model for the European Community written by Hans-Holger Rogner. This book was released on 1982. Available in PDF, EPUB and Kindle. Book excerpt:

The Macroeconomic Effects of Public Investment

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Release : 2015-05-04
Genre : Business & Economics
Kind : eBook
Book Rating : 555/5 ( reviews)

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Book Synopsis The Macroeconomic Effects of Public Investment by : Mr.Abdul Abiad

Download or read book The Macroeconomic Effects of Public Investment written by Mr.Abdul Abiad. This book was released on 2015-05-04. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample of 17 OECD economies since 1985 and model simulations, the paper finds that increased public investment raises output, both in the short term and in the long term, crowds in private investment, and reduces unemployment. Several factors shape the macroeconomic effects of public investment. When there is economic slack and monetary accommodation, demand effects are stronger, and the public-debt-to-GDP ratio may actually decline. Public investment is also more effective in boosting output in countries with higher public investment efficiency and when it is financed by issuing debt.

Understanding Risks and Uncertainties in Energy and Climate Policy

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Release : 2018-12-10
Genre : Business & Economics
Kind : eBook
Book Rating : 527/5 ( reviews)

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Book Synopsis Understanding Risks and Uncertainties in Energy and Climate Policy by : Haris Doukas

Download or read book Understanding Risks and Uncertainties in Energy and Climate Policy written by Haris Doukas. This book was released on 2018-12-10. Available in PDF, EPUB and Kindle. Book excerpt: This open access book analyzes and seeks to consolidate the use of robust quantitative tools and qualitative methods for the design and assessment of energy and climate policies. In particular, it examines energy and climate policy performance and associated risks, as well as public acceptance and portfolio analysis in climate policy, and presents methods for evaluating the costs and benefits of flexible policy implementation as well as new framings for business and market actors. In turn, it discusses the development of alternative policy pathways and the identification of optimal switching points, drawing on concrete examples to do so. Lastly, it discusses climate change mitigation policies’ implications for the agricultural, food, building, transportation, service and manufacturing sectors.

International Macroeconomics in the Wake of the Global Financial Crisis

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Release : 2018-06-13
Genre : Business & Economics
Kind : eBook
Book Rating : 757/5 ( reviews)

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Book Synopsis International Macroeconomics in the Wake of the Global Financial Crisis by : Laurent Ferrara

Download or read book International Macroeconomics in the Wake of the Global Financial Crisis written by Laurent Ferrara. This book was released on 2018-06-13. Available in PDF, EPUB and Kindle. Book excerpt: This book collects selected articles addressing several currently debated issues in the field of international macroeconomics. They focus on the role of the central banks in the debate on how to come to terms with the long-term decline in productivity growth, insufficient aggregate demand, high economic uncertainty and growing inequalities following the global financial crisis. Central banks are of considerable importance in this debate since understanding the sluggishness of the recovery process as well as its implications for the natural interest rate are key to assessing output gaps and the monetary policy stance. The authors argue that a more dynamic domestic and external aggregate demand helps to raise the inflation rate, easing the constraint deriving from the zero lower bound and allowing monetary policy to depart from its current ultra-accommodative position. Beyond macroeconomic factors, the book also discusses a supportive financial environment as a precondition for the rebound of global economic activity, stressing that understanding capital flows is a prerequisite for economic-policy decisions.

Macroeconomic Modelling of R&D and Innovation Policies

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Release : 2021-12-03
Genre : Business & Economics
Kind : eBook
Book Rating : 567/5 ( reviews)

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Book Synopsis Macroeconomic Modelling of R&D and Innovation Policies by : Ufuk Akcigit

Download or read book Macroeconomic Modelling of R&D and Innovation Policies written by Ufuk Akcigit. This book was released on 2021-12-03. Available in PDF, EPUB and Kindle. Book excerpt: This open access book encompasses a collection of in-depth analyses showcasing the challenges and ways forward for macroeconomic modelling of R&D and innovation policies. Based upon the proceedings of the EC-DG JRC-IEA workshop held in Brussels in 2017, it presents cutting-edge contributions from a number of leading economists in the field. It provides a comprehensive overview of the current academic and policy challenges surrounding R&D as well as of the state-of-the-art modelling techniques. The book brings to the forefront outstanding issues related to the assessment of the macroeconomic impact of R&D policies and its modelling. It speaks to the rising importance of R&D and innovation policy, and the proliferation of macroeconomic models featuring endogenous technological change. The contents of this book will be of interest to both academic and policy audiences working in the fields of R&D and innovation.

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