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Estimates of Potential Output and the Neutral Rate for the U.S. Economy
Estimates of potential output and the neutral short-term interest rate play important roles in policy making. However, such estimates are associated with significant uncertainty and subject to significant revisions. This paper extends the structural multivariate filter methodology by adding a monetary policy block, which allows estimating the neutral rate of interest for the U.S. economy. The addition of the monetary policy block further improves the reliability of the structural multivariate filter.
After the Wall Fell
After the Wall Fell: A History of the Accomplishments by the Center for International Agricultural Finance at Iowa State University By: Dr. Neil E. Harl Dr. Neil E. Harl gives a personal account of his time in Russia after the fall of the Berlin Wall. Each undertaking of the group and Dr, Harl contributes to building and developing the legacy of the Center for International Agricultural Finance.
Multivariate Filter Estimation of Potential Output for the United States: An Extension with Labor Market Hysteresis
This paper extends the multivariate filter approach of estimating potential output developed by Alichi and others (2018) to incorporate labor market hysteresis. This extension captures the idea that long and deep recessions (expansions) cause persistent damage (improvement) to the labor market, thereby reducing (increasing) potential output. Applying the model to U.S. data results in significantly smaller estimates of output gaps, and higher estimates of the NAIRU, after the global financial crisis, compared to estimates without hysteresis. The smaller output gaps partly explain the absence of persistent deflation despite the slow recovery during 2010-2017. Going forward, if strong growth performance continues well beyond 2018, hysteresis is expected to result in a structural improvement in growth and employment.
The Genetic and Environmental Basis for Diseases in Understudied Populations
This eBook is a collection of articles from a Frontiers Research Topic. Frontiers Research Topics are very popular trademarks of the Frontiers Journals Series: they are collections of at least ten articles, all centered on a particular subject. With their unique mix of varied contributions from Original Research to Review Articles, Frontiers Research Topics unify the most influential researchers, the latest key findings and historical advances in a hot research area! Find out more on how to host your own Frontiers Research Topic or contribute to one as an author by contacting the Frontiers Editorial Office: frontiersin.org/about/contact.
ЈУЖНОСЛОВЕНСКИ филолог
ISSN 0350 Ово дело је лиценцирано под условима лиценце Creative Commons - Attribution-Noncommercial-No Derivative Works 3.0 Serbia http://creativecommons.org/licenses/by-nc-nd/3.0/rs/deed.en
قبيلة بني عطية ودورها التاريخي خلال الفترة (905-1443هـ/1500-2022م)
يُعَدُّ هذا الكتاب الأوَّلَ في موضوعه، ورائداً في تناوله لقبيلة بني عطيَّة منذ أواخر العهد المملوكيّ، ثمَّ خلال العهد العثمانيِّ في جميع مراحلِه، وصولاً إلى العهد الوطنيّ السعوديّ، وذلك لفترة تاريخيَّة تزيد على 500 سنة. وقد حاولنا من خلاله جمع المعلومات التاريخيَّة والاجتماعيَّة والعشائريَّة الّتي تتعلَّق بهذه القبيلة ونشاطها على المستويات كافَّة، وقدَّمنا تصوراً لعلاقتها بالدولة العثمانيَّة (سلباً وإيجاباً)، من خلال ما وفَّرته لنا المصادر التَّاريخيَّة المختلفة، وعبر الدِّراسة الميدانيَّة ومراجعة الموروث الثقافيِّ لهذه القبيلة.
Public Expenditure Review of Armenia
This, the first full-scale World Bank Public Expenditure Review for Armenia, reviews the main fiscal trends in Armenia for the period of 1997-2001 and develops recommendations with respect to further fiscal adjustment, expenditure prioritization, and budget consolidation. The analysis focuses on the following core issues: Sustainability of fiscal adjustment, fiscal transparency, expenditure priorities, and short-term expenditure management given the existing economy-wide institutional constraints. This study covers extra-budgetary funds, in-kind external grants, subsidies provided by the state-owned companies in the energy and utility sectors, and operation of the Social Insurance Fund, as well as regular budgetary spending. It suggests a medium-term action plan to address identified weaknesses. Sector chapters review health, education, and social protection and insurance. The report also analyzes budget support for core public infrastructure, and ArmeniaA's public investment program.
