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Some analysts believe that the decline will be much more profound given that capital controls are still in place.
Given that capital punishment could be imposed on people as young as 7 in the 18th century, he said, Mr. Graham's punishment would almost certainly have been deemed acceptable back then.
Given that capital expenditures have been weak recently, some economists believe businesses will start spending more if Congress ends or at least delays the risk of severe fiscal tightening.
Given that capital gains are closely tied to the value of stock shares, and stock prices are more volatile than ordinary income, income from capital gains tends to be more cyclically volatile than ordinary income.
Whatever their flaws, the Reinhart-Rogoff estimates are still likely to be a better guide to the downturn than the numbers spat out by standard forecasting models, which take as given that capital flows smoothly through the economy.Mr Rogoff assured his audience that he was not trying to win the prize for gloomiest forecaster, and his sobering conclusions were not hotly disputed by delegates.
He later wrote, "If we had taken Seringapatam and killed Tippoo, we must either have given that capital to the Marattas (a dangerous boon) or have set up some miserable pageant of our own, to be supported by the Company's troops and treasures, and to be plundered by its servants".
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Or maybe not, given that the capital is now seen as the epicentre of western terrorism, hmm, unhurrah.
On the other hand, banks could issue hybrid instruments if they want to minimize the adverse selection discount, given that hybrid capital presents characteristics of debt and, thus, it is less affected by costs of adverse selection.
In turn, given that human capital is multidimensional, both cognitive and socioemotional skills can serve as good predictors of economic outcomes such as income and wealth (Bowles et al. 2001; Hansen et al. 2004; Heckman et al. 2006; Green and Riddell 2003).
Given that the capital's only other five-star hotel, the Marriott, was the site of a 2008 bomb attack that killed 54 people and left a huge crater still visible outside its premises, competition for hosting duties probably wasn't too stiff.
This adjustment in capital equipment is substantial, given that the mean capital share of energy-intensive firms is more than five times larger than the mean energy share.
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