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Macroeconomic equilibrium in the presence of uninsurable labor income risk.
Economic aid and technical expertise to help Ukraine reform its governance and find the road to macroeconomic equilibrium and a solid growth path are more important than ever, after the invasion of Crimea.
"In a period where developments about Syria accelerate, and we have to make very important decisions on issues from macroeconomic equilibrium to big investments, it is a must to drop the election issue from the agenda as soon as possible," he added.
Saving rates are fixed, and saving adjusts to ensure macroeconomic equilibrium, following investment saving-driven framework.
He uses the level of migration m i as an instrument to guide the economy toward the static welfare optimum, taking into account the macroeconomic equilibrium constraint of his country.
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It is to graft additional so-called financial "frictions" on otherwise fully well behaved equilibrium macroeconomic models, built on real-business-cycle foundations and augmented with nominal rigidities.
We will discuss in particular the indirect effects, including macroeconomic and general equilibrium effects, as well as longer run effects determining the cost-effectiveness.
The second part looks at the general equilibrium and macroeconomic effects of liberalization in economies without preexisting markets.
The proposed theory unites Walrasian general equilibrium with macroeconomic dynamics and Schumpeterian innovation utilizing strategic market games.
Our economy is still in a transition towards a long-term equilibrium of macroeconomic variables.The Central Bank sees its main policy goal as targeting the growth of monetary aggregates.
A rigorous theory of money, credit, and bankruptcy in the context of a mixed economy, uniting Walrasian general equilibrium with macroeconomic dynamics and Schumpeterian innovation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com