--- Knut Wicksell and Macroeconomic Analysis ---by Katsuhito IwaiFaculty of Economics, University of TokyoOctober 19871.What is Macroeconomics? --- Knut Wicksell and Macroeconomic Analysis ---by Katsuhito Iwai1. What is Macroeconomics?"What is Macroeconomics?" The answer to this question seems ...
But foretelling the future is always a risky and uncertain proposition. As the old joke goes, experts have predicted seven out of the last three macroeconomic events. That said, there are a few things we’ve learned about recessions, according to McKinsey Senior Partner and McKinsey Global ...
Also called performance gap analysis, strategic gap analysis is a formal internal review of how a company is performing. The analysis often entails comparing how a company has done against long-term benchmarks such as a five-year plan or astrategic plan. A strategic gap analysis may also be ...
Expansionary policy is also popular—to a dangerous degree, say some economists. Fiscal stimulus is politically difficult to reverse. Whether it has the desired macroeconomic effects or not, voters like low taxes and public spending. Due to the political incentives faced by policymakers, there tends...
Answer to: What is the macroeconomic impact of companies constantly up-selling to increase CLV? By signing up, you'll get thousands of step-by-step...
(Capital productivity and labor productivity are frequentlyconsidered togetheras an indicator of a country’s overall standard of living.) Total factor productivity is the portion of growth in output not explained by growth in labor or capital. This type of productivity is sometimes called “...
Currently, the cryptocurrency market is no longer an isolated asset class. It is once again deeply intertwined with macroeconomic forces and regulatory changes. In the next 3-6 months, the dominant factors in the cryptocurrency market will be regulation and macroeconomics, rather than microeconomics ...
Answer to: What is the macroeconomic effect (if any) that many banks offer automatic mutual fund investments on only a few specified days? By...
Modern Monetary Theory is a macroeconomic model positing that countries that issue their currencies, such as the U.S., are not constrained in spending. Proponents of MMT argue that such countries can't default on the securities they issue, as they can print or issue more currency. ...
Purchasing power parity (PPP) is a popular macroeconomic analysis metric used to compare economic productivity and standards of living between countries. PPP involves an economic theory that compares different countries' currencies through a "basket of goods" approach. That is, PPP is the exchange ra...