University of Frankfurt am Main Bachelor Seminar Business Cycle: Theory and Empirical Applications Country of interest: Netherlands Teacher: Prof. Ctirad Slavik Summer Semester 2013 Yisong Dong Student ID: 3903447 June 17.2013 Contents 1. Introduction……………………………………………………………………3 2. Data Work………………………...…………………………………………...3 2.1 2.2 2.3 2.4 2.5 Data……………………………………………………………………3 Detrending the data with Hodrick-Prescott Filter………………..……4 Basic Statistics for the detrended data………………………………...7
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With the recent government shutdown and the fiscal cliff debate over, many Americans are stepping back and asking “what is the current state of the economy?” Although the nation has been experiencing growth and a decrease in unemployment for the past three years, the national annual deficit of $1.1 trillion and the recent fiscal cliff debate along with the government shutdown reflect the nation’s struggle with furthering our economic growth and stability. According to the Bureau of Economic Analysis
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The Weak of the BRIC: Currency Depreciation in Russia and Brazil ◎D0131160 Irina Chen ◎D0131187 Gloria Chang ◎D0173297 Sunny Chiu ◎D0173270 Doris Chen ◎D0173670 Athena Du Contents Abstract ..................................................................................... 2 Brazil ......................................................................................... 3 Why Brazil become the BRIC ................................................... 3 What was behind Brazil’s Depreciation
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Ryan Peace Prof. Young Macro Econ Film Analysis on “Crash of 1929” Discuss 3 economic theories raised during the film. Economic Growth – positive. Spirits were high during the roaring 20s. New inventions and mass marketing encouraged people to spend and spend. Mass production made new technology affordable to middle class. New construction and automobiles were major factors causing the economic growth of the period. Price Level Stability – positive. The prices of stocks were easily
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Intellectual Property Rights and Economic growth “Imagination is more important than knowledge” – Albert Einstein Albert Einstein’s preference of imagination over knowledge speaks well to the potential capabilities of enterprises and businesses. If a creative idea is discovered, it can be transformed into innovative products. Innovation is instrumental among other things in creating new jobs, providing higher incomes, offering investment opportunities and curing disease. “There is wide agreement
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作業請另紙書寫，並標明題號姓名和班別，必須字體清晰，滿足這些條件才能另外加2分 Macroeconomics Homework 3 2015 1. | If consumption increases by $8 when after-tax disposable income increases by $10, the marginal propensity to consume equals: A. | 0.2 | B. | 0.8 | C. | 2.0 | D. | 8.0 | | 2. | In the basic Keynesian model all of the following are true EXCEPT: A. | planned consumption always equals actual consumption. | B. | planned investment always equals actual investment. | C. | planned government
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INTRODUCTION In the year 2008 the world saw one of the greatest financial crisis since the great depression of the 1930s. This financial crisis also known as the “Great Recession” caused various problems for different economies worldwide. The collapse of the Lehman Brothers bank, a sprawling global bank, in September 2008 almost brought down the world’s financial system. Large sums of tax payer based bail-outs were needed in order to shore up the company. However, the issuing credit crunch made
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understand the This study aims to helps to know the future of india in terms of development in reference to Foreign Investment. The changing trends in the government & economy of india have been the indicators of development of India. The main objective of this study is to compare the flow of FDI in INDIA & CHINA and to bring the revolution in the development of india by the schemes taken by india to attract foreign investment. The crucial step in this revolution is the campaign “Make in India”
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Keynes VS. Hayek John Maynard Keynes developed an economic theory that argues, the government can borrow money. Then spends the means to create jobs and purchasing power. The concept is based on the circular flow of money and the government should step in and increase the money supply or start buying things themselves. Trying to balance the budget during a poor economy would make matters worse not better. The government Keynes beliefs were the government would spend more during a poor economy
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Fundamentals of Macroeconomics Xxxxxx xxxxxxxxx ECO-372 March 16, 2015 Fundamentals of Macroeconomics Astrophysicists will tell you that energy cannot be destroyed, only changed. While in the process of researching the fundamentals of macroeconomics and how all the different sectors work with, for, and even against each other at times, I decided to focus on the concept of circular flow. Like energy, value can only be changed or repurposed, but it never actually disappears. A circular flow
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