منابع مشابه
Macroeconomic Priorities
Macroeconomics was born as a distinct field in the 1940s, as a part of the intellectual response to the Great Depression. The term then referred to the body of knowledge and expertise that we hoped would prevent the recurrence of that economic disaster. My thesis in this lecture is that macroeconomics in this original sense has succeeded: Its central problem of depression-prevention has been so...
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In the common jargon used by non-specialist commentators in newspapers or TV programs, business cycle downturns are sometimes described in terms of economic collapses, crashes or even earthquakes. Does these comparisons make any sense but for literary license? In particular, are economic recessions and recoveries governed at large by the same statistical law underlying earthquakes' occurrence? ...
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Health has gained importance on the global agenda. It has become recognized in forums where it was once not addressed. In this article three issues are considered: global health policy actors, global health priorities and the means of addressing the identified health priorities. I argue that the arenas for global health policy-making have shifted from the public spheres towards arenas that incl...
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Abstract This paper examines factors affecting happiness using panel data concerning 58 countries during 2003-2011. Happiness data come in the form of answers to questions such as "How happy are you as a whole in your life?" and the answers range from 1 to 5transformed to obtain a 1-10 scale. Macroeconomics data are from MIT and World Bank 2012 tables. Including 215 total pool observations indi...
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This paper considers the design of macroeconomic policies in the face of uncertainty. In recent years, several economists have advocated that when policymakers are uncertain about the environment they face and find it difficult to assign precise probabilities to the alternative scenarios that may characterize this environment, they should design policies to be robust in the sense that they mini...
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ژورنال
عنوان ژورنال: American Economic Review
سال: 2003
ISSN: 0002-8282
DOI: 10.1257/000282803321455133