The path from grammar school to art school, for instance, was one of the key determinants of great British pop music of the 60s and early 70s.
At the moment, the UN works out its main projection (called the medium variant) based on countries' fertility rates and life expectancies, the most important determinants of population growth.
Studies like this help move economics forward, away from the ceteris paribus world of one-dimensional rational expectations, and into the modern-day reality where we come to realise that there are many determinants of satisfaction, and that those firms that can best understand their customers are in a competitive advantage in an ever-changing landscape of competition.G.G
Once the dynamics of the labour market and the determinants of long-run growth are added, the reader has a comprehensive tool-kit for understanding how an economy works.Along the way, Mr Blanchard shows how this analytical framework can be put to use in understanding real policy issues from deficit-reduction in the United States to unemployment in Europe.
The OECD, in a big cross-country analysis, concludes that "skill-biased technological change" is one of the main determinants of the rich world's wage inequality.
Its two big determinants, the supply of workers and the rise in their productivity, have both fallen short.
The most important determinants of longer-term productivity growth are the rate of adoption of existing and new technologies, the pace of domestic scientific innovation and changes in the organisation of production.
But nutrition is one of the main determinants of health; agriculture is vital to nutrition-and the Gates foundation has ended up as one of the most important financiers of agricultural research today (especially into the crops of the poor, such as cassava and millet).
One of the strongest determinants, besides wealth, seems to be good governance including a broad commitment to the rule of law.In this section Overview Output, demand and jobs Prices and wages Environmental Money and interest rates The Economist commodity price index Stockmarkets Trade, exchange rates and budgets Stockmarket turnover Reprints.
Second, by stressing the "social determinants" of health they may have gone too far to one extreme and underplayed the more obvious link between health and income.
Hence his interest, and the report's focus, on "social determinants" of health that are non-monetary.One example: job insecurity, and the resulting stress, have a proven link with mental health (see chart).
