Moreover, the magnitude of this effect is sizable. For example, output growth is between 0.6 and 1.2 percentage points lower and inflation is six percentage point higher under presidential regimes relative to those under parliamentary ones. The difference in distributional outcomes is even more stark...
He does not care. “ — On Harris’ reversal of her past support for a ban on fracking:“Just to be clear, Vice President Harris hasn’t said anything that the administration hasn’t already said. She is not promoting expansion [of fossil fuel drilling]. She’s just said that the...
Does budget deficit cause inflation? Deficits can be a source of inflation if they are accommodated by monetary policy-that is, if the Federal Reserve responds to higher deficits by increasing the growth of money. ... The central bank directly purchases the securities issued by the government to...
More surprisingly, these countries, however, also display a more negative short-term interest rate differential and inflation. At the same time, and in line with our previous results, we find no evidence of a systematic effect of the exchange rate regime on real GDP, unemployment, housing ...
The classical model of economics predicts that high levels of immigration may cause wages to fall due to an increased supply of labor. Some studies suggest that immigration can also have a positive effect on aggregate demand, however, depending on the skill sets of the new arrivals. New workers...
Besides, the inflation effect would have been systematic across the sample, so the relative differences between the companies would have remained. 4. Analysis 4.1. Descriptive statistics Fig. 2 shows how the turnover trajectories changed. The trajectory change was measured as a difference between ...
C. The trip today is expensive considering inflation. D. Ben was unable to travel to Mongolia in 1971. Questions 18 to 20 are based on the following passage. At the end of the passage, you will be given 15 seconds to answer the questions. Now, listen to the passage. ...
In a consensus definition, normative sexual behavior by children has been described as involving sex play and exploration that occurs spontaneously and infrequently and is both mutual and noncoercive (Chaffin et al.,2008). The term “sexual” used in this context does not necessarily imply that ...
However, we must remember that the fall of inflation below double digits after 34 months had the blessings of the base effect, too, as inflation in August 2023 was very high — 27.4pc. Moreover, non-food inflation — more relevant for most industries and businesses — is still high at 17...
For instance, if inflation is 5% for one of those tax years, the CTC would be adjusted upwards by $100. Would the CTC's monthly checks return? No, the deal in Congress doesn't include the return of the CTC's monthly payments, despite urging from anti-poverty advocates and Democratic ...