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Costs in the Short Run

Fiscal consolidation in the euro area: long-run benefits and short-run costs.

Fiscal consolidation in the euro area: long-run benefits and short-run costs.

... noticeable short-run adjustment costs, in contrast to what the literature on expansionary fiscal consolidations suggests and regardless of the consolidation policy ...

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A Long-Run, Short-Run and Politico-Economic Analysis of the Welfare Costs of Inflation

A Long-Run, Short-Run and Politico-Economic Analysis of the Welfare Costs of Inflation

... long-run, short-run and politico-economic welfare costs of in‡ation in a model with essential money that delivers a nondegenerate distribution of money holdings across agents in line with the ...

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Costs of Agricultural Credit in the Philippines: The Short-run Effects of Interest Rate Deregulation

Costs of Agricultural Credit in the Philippines: The Short-run Effects of Interest Rate Deregulation

... The computations tend to show that use of STDs/rediscount funds even with prescribed levels of lending rates was still the most profitable option for agricultural lending. While the use of marginal bank funds in ...

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SHORT-RUN PRODUCTION

SHORT-RUN PRODUCTION

... Determine the accounting and explicit costs and the accounting and normal profits of the firm! 3. The mother of a business student quit her job that has been paying 50 thousand forints per month and starts her own ...

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Short-run and long-run determinants of the price of gold

Short-run and long-run determinants of the price of gold

... For example, dollar depreciation raises costs and prices, which decreases competitiveness and eats away at the improvement in the trade balance. There is debate as to whether the situation can be defused without ...

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Short-run and long-run determinants of the price of gold

Short-run and long-run determinants of the price of gold

... A recent OECD report (Jarret, 2005) gives five reasons for expecting the US current account deficit to continue to worsen, which will cause the dollar to weaken. First, imports are nearly half again as large as exports. ...

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Short-run Money Demand

Short-run Money Demand

... in the return on near monies. The results of this paper have parallels in recent work on M2. Duca (2000) and Carlson et al. (2000) explain the “Missing M2" of the 1990s with decreased costs of holding bond mutual ...

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The Long-Run Costs of Moderate Inflation

The Long-Run Costs of Moderate Inflation

... long run (Barro, Fischer 1993, Bruno and Easterly, and ...have short-run costs, such as higher unemployment and slower economic growth, the results from these studies may lead people to ask ...

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The long-run costs of moderate inflation

The long-run costs of moderate inflation

... long run (Barro, Fischer 1993, Bruno and Easterly, and ...have short-run costs, such as higher unemployment and slower economic growth, the results from these studies may lead people to ask ...

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Intra-and International Risk-Sharing in the Short Run and the Long Run

Intra-and International Risk-Sharing in the Short Run and the Long Run

... of 15 years and beyond, implying that the relative lack of international consumption risk sharing worsens in the long run. 2. The second important result of our paper is that the apparent lack of international ...

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Long-run strategic advertising and short-run Bertrand competition

Long-run strategic advertising and short-run Bertrand competition

... in…nite time horizon consisting of advertising and pricing decisions for which the intertemporal e¤ects of advertising e¤orts should be considered. Each period is split up in two decision moments. First, both …rms in- ...

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Current Accounts in the Long and Short Run

Current Accounts in the Long and Short Run

... long run, the shock does not affect the composition of the country portfolio and the new rule ...the short-run effects of increases in savings on the current ...adjustment costs to investment ...

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Short-Run Effects of A Carbon Tax

Short-Run Effects of A Carbon Tax

... the costs and benefits for Australian industry of an international consensus in line with the Toronto target, but extending its scope from carbon dioxide to all greenhouse gases not already covered by the Montreal ...

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Short-Run Cost. Total Cost

Short-Run Cost. Total Cost

... Another example is the use of ATMs by banks to dis- pense cash. ATMs, which are fixed capital, have replaced tellers, which are variable labor. Such a tech- nological change decreases total cost but increases fixed ...

5

Short run and long run cost-effectiveness outcomes in health care

Short run and long run cost-effectiveness outcomes in health care

... that costs and effects are constant over time (i.e. the rates at which costs are incurred and health outcomes are obtained will not vary during the lifetimes of the competing ...the short run, ...

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STOCKS IN THE SHORT RUN

STOCKS IN THE SHORT RUN

... relatively short, the effects of the initial condition will not have enough time to wear off before the market closes, so the sample mean of the 5-minute estimates will overstate the asymptotic ...

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International risk sharing in the short run and in the long run

International risk sharing in the short run and in the long run

... Our results may also suggest that a fully speci…ed dynamic econometric model as the one put forward in this paper is required to get at the issue of dynamic risk sharing. Earlier contributions to the literature which ad- ...

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International Risk Sharing in the Short Run and in the Long Run

International Risk Sharing in the Short Run and in the Long Run

... JEL No. E2,E21,E32,F11,F15,F2,F4,F41 ABSTRACT International risk-sharing has far-reaching implications both for economic policy and for basic research in economics. When countries do not share risk, individuals in those ...

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Short-Run and Long-Run Prospects for Female Earnings

Short-Run and Long-Run Prospects for Female Earnings

... earnings (and other reasons) rather than movements along relative supply functions in response to changes in relative earnings. An increase in the general level of wages has very little [r] ...

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Long-run UIP holds even in the short run

Long-run UIP holds even in the short run

... We replicate the standard results for the short-run UIP regression (2). Exhibit 1 presents the regression results for the standard regression with our data set. The results of the panel regression replicate ...

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