Graduate school admission letter for one interested in pursuing a career in economics. Career Path There are many careers available in the world today. One can be a doctor and perhaps discover a cure for cancer, a teacher who inspires the next Pre Continue Reading...
Demand-Side Policies and the Great Recession A recession can be delineated as a substantial deterioration in activity across the economy that persists for a period exceeding a few months. This significant decline can be perceived in business product Continue Reading...
Future of Capitalism Current Economic Crisis according to Schumpeter and Keynes A justification of the economic crisis can be precisely explained by shedding light on the perspectives of famous economists. The information gained through this method Continue Reading...
Economic Crisis The recession of 2008-2009 and the subsequent government responses provides a good test for economic theories. There are no controlled experiments in economics, so we can only work with case studies in order to understand how economi Continue Reading...
Malaysia's Budget, 2011 Individual Presentation At the time of its independence in 1957, Malaysia's economy was based on primary exports of agricultural commodities and raw materials such as rice, rubber, palm oil and tin. In a series of five-year Continue Reading...
Such problems are not overcome easily, but in time and with sustained efforts. To better understand my standpoint of defending the bailouts, consider what would have happened had the TARP never been implemented. All of the companies would have comme Continue Reading...
In the first-round survey, a majority of investors cited diversification as their main objective in allocating to hedge funds. Among the second-round interviewees who were planning to increase their target allocations by 10% or more, half named dive Continue Reading...
He states that changes international capital flows have been the primary consequence of increased deficits and likens this to direct competition between the U.S. Treasury and the U.S. exporting industry. He reasons that the flow of foreign funds int Continue Reading...
As Geisel (2004) notes: Income-tax deductions are worth the most to high-bracket taxpayers, who need little incentive to save, whereas the lowest-paid third of workers, whose tax burden consists primarily of the Social Security payroll tax (and who Continue Reading...
Social Security Reform Can Social Security Be Reformed? Doing nothing to fix our Social Security system will cost us, as well as our children and grandchildren, an estimated $10.4 trillion, according to the Social Security Trustees. The longer we w Continue Reading...
The investment friction theory is that monetary contractions increase frictions in capital markets that produce investment-driven downturns in output (McGrattan)." Getting Rich Quickly The crash on Wall Street can be attributed to too much specula Continue Reading...
Currency Markets The currency exchange market is an inter-bank or inter-dealer market that was established in 1971 when floating exchange rates began to materialize. Trading is not centralized, as is the case with many stock markets (i.e. NYSE, ASE, Continue Reading...
remedy for the U.S. economy as the country has started to recover from the shock of September 11. Though the tragedy of September has drastically effected the economic growth of the country but the forces of recovery will soon lift the economy out o Continue Reading...
Social Security Administration (SSA) is an agency of the federal government of the United States charged with administering the Social Security. The Social Security is a social insurance program that consists of retirement, disability, and survivors Continue Reading...
Economic Integration of GCC Countries: Developments Since Economic Integration of GCC Countries: Latest Developments Since 2010 It is important to examine the Gulf Cooperation Council (GCC) Key Economic Indicators. Primarily, 2014 Key economic indi Continue Reading...
Neoliberal Economic Models The Future of Neoliberalism Financialization is a term that describes an economic system or process that attempts to reduce all value that is exchanged (whether tangible, intangible, future or present promises, etc.) eith Continue Reading...
The consumer can learn about the various ways credit reports may -- and may not -- be used by reading credible source data online or in print publications. One of the ways consumers can empower themselves is to gain access to their own credit repor Continue Reading...
America Economy The global economic crisis that the United States finds itself in today is in many ways similar to the basic characteristics and consequences that followed the Great Depression that lasted from 1929 to 1933. In this paper, the Great Continue Reading...
Economics economy has recently emerged from recession. During 2009, real GDP declined 2.6%, the largest drop during the study period beginning in 2009. This came following flatlined GDP in 2008. The only similar instance on record was in the early 1 Continue Reading...
This was because they were seeing one of their primary competitors (Travelers) merging with Citicorp (which created a juggernaut of: insurance, banking and brokerage activities). At which point, executives at AIG felt that in order to: maintain thei Continue Reading...
Herbert Hoover and the Great Depression In recent years, a debate has arisen regarding the extent of Herbert Hoover's progressive and Keynesian leanings, with conservative historians suggesting that Hoover may have been less of an advocate for laiss Continue Reading...
Monetary Policies A meeting between heads of state: President Obama of the United States and Naoto Kan of Japan has just concluded. The focus of the discussion was the exchange rate between the U.S. dollar and the Japanese yen. The president and pri Continue Reading...
Even when forced to rework his model to allow for some private investment, he argued that it wasn't as efficient as government spending because private investors would be less likely to undertake/overpay for unnecessary works in hard economic times" Continue Reading...
According to Kelly and Ransom (2000), by state law, Trenton, like other cities in New Jersey, is not allowed to increase its annual budget by more than 3.5% per year absent a referendum that approves such larger increases. For the state capital, Kel Continue Reading...
It would have repeated the 1986 bill, though on a grand scale -- ten million illegals granted amnesty -- another magnet for yet another increase in the rate of illegal immigration into this country? The purpose of the bill, as with IRCA was to elim Continue Reading...
weak dollar encourages exports, while a strong dollar encourages foreign imports into the United States. The explanation in this case is rather simple. Imports need to be paid in the currency of the country wherefrom they have originated. This means Continue Reading...
This tax encouraged individuals who owned large tracts of land to make it available for settlers. Much of this land was held by residents of England who rarely used their land. The goal was to see the land used more productively (Commonwealth of Aus Continue Reading...
insert on page 581 (Box 27.2), titled "Are the Days of Cash Numbered?" And discuss, giving reasons for your answer. Modern cash - Federal Reserve Notes, are but the newest incarnation of Man's attempt to use simulacra to denote value. Our money is Continue Reading...
Ecotourism in Brazil The premise and primary focus of this research is that the ecotourism in Brazil has been underdeveloped and that it could serve as an even greater source of income on both a local level and national level for the Brazilian econ Continue Reading...
Hyperinflation: The effects of the Russian Ukrainian war on the International TradeTable of ContentsAbstract 1Introduction 2Humanitarian and Economic Impact of the War in Ukraine 3Hyperinflation as a Result of the Russian-Ukrainian War 6Labor-Market Continue Reading...
Home Mortgage Summary The general subject of home mortgages can be daunting and complex to many people. However, there is no mystery or ambiguity to how they work. Rather, they are pretty simple to render and perceive once the basics are known. This Continue Reading...
Swaps Doing business overseas requires a number of strategies to manage foreign exchange rate risk. One of those techniques is the interest rate swap. A swap can also be used for domestic transactions as well. An interest rate swap is "an agreement Continue Reading...
The increase in profits (at certain points) highlights the overall risks vs. rewards, as they can see substantial growth of 5% each year. Moreover, the performance of various strategies used in management of hedge funds experienced a greater feat, d Continue Reading...
With a declining economic output, we can not financially export our way out of a government budget deficit situation. Since the oil crunch of the mid-1970s, energy costs have increasingly been a part of this equation. Trade deficits are linked to bu Continue Reading...
When you analyze the current situation with the projection for the future, it is clear that specialized areas will continue to be in demand. This means that two different worlds will emerge, where you will have those individuals who have obtained s Continue Reading...
These funds are now removed from the banking system. Keep in mind that banks use every dollar on deposit to create many more dollars worth of loans, the hit to the banking system and by extension, to the money supply is something approaching 25 to 3 Continue Reading...
During times of extreme pressure from the supply or demand side, the central bank is prepared to go in and support the currency, to help provide stability. This is significant because traders around the world; will use the major currencies as a way Continue Reading...
By not offering an artificial incentive to stay in business (the subsidy), product would not have been over-produced and wasted (perhaps an environmental impact), new and in-demand skills would have been acquired, real demands would have been met, a Continue Reading...
Long-Term Capital Management The Failure of Long-Term Capital Management The Long-Term Capital Management is a popular term relating to hedge funds that experienced massive failure. The fund was initially a success from the time it was launched acc Continue Reading...
