2010. "Economic De-growth vs. Steady-state Econ- omy." Journal of Cleaner Production 18: 544-51.Kerschner, C., 2010. "Economic de-growth vs. steady-state economy". Journal of Cleaner Production 18 (6), 544-551.KERSCHNER C.Economic de-growth vs.steady-state economy.Journal of Cleaner...
However, that approach was found to be poorly substantiated, especially as the processes studied did not follow a steady (upward or downward) trend. As shown by a preliminary analysis of empirical data, the growth rates of the phenomena concerned did not always follow a clear trend. As a ...
Still, although investors are now confident that the Fed will act this month, they are less confident of steady rate cuts in 2025. Rather, there is an expectation that rate cuts will be intermittent, depending on data and policy. This expectation reflects the strength of the US economy as ...
This contributed to the worsening worldwide depression, a steady decline in the world economy until 1933. American import declined from $5.2 billion in 1929 to $1.7 billion in 1933. Hoover is best remembered for the Revenue Act of 1932, the largest peacetime tax increase in American history. ...
EconomicGrowthII slide1 Introduction IntheSolowmodelofChapter7,theproductiontechnologyisheldconstant.incomepercapitaisconstantinthesteadystate.Neitherpointistrueintherealworld:1904-2004:U.S.realGDPperpersongrewbya factorof7.6,or2%peryear.examplesoftechnologicalprogressabound (seenextslide).Econ...
thatthenaturalrateofunemployment(i.e.theratethatbringswagegrowthandinflationtotheirsteadystate) maybeabithigherthantheFed’sestimateof4.2%.Inthiscontext,wethinktheFedwilleventuallyhavetoacceptahigherunemploymentratetotameinflation. StickyUSinflationwillprompttheFedtobecome increasinglyhawkish.Stallingprogressondisinfl...
Steady-state distortions; Fundamental surplus; 81.High and low activity spells in housing markets 机译:住房市场的高低活动法术 期刊名称:《Review of Economic Dynamics》 | 2020年第期 关键词: Stock-flow matching; Sales fluctuations; Price fluctuations; Time on the market; 82.The twenty-fifth an...
state (or competitive) pattern may differ from an optimal pattern in which all the external benefits and costs of households' migration decisions are internalized." We will examine effects of changes in amenity parameters on not only steady state but also transitory processes of the economic system...
Western Europe and Asia, with the United States, Germany and Japan emerging as the major global manufacturing leaders and reaping the rewards: steady GDP growth, a prosperous middle class, and a rapidly growing services sector fuelled in large part by the multiplier effect of the manufacturing inn...
Once a fully industrialized economy has reached the steady state, per capita income and growth is driven by innovation. 14 The share of labor cost in total business enterprise R&D expenditures decreases from developed to developing economies: 64.5% Germany (in 2011) and 48.7% United Kingdom, ...