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Exploring General Equilibrium

Exploring General Equilibrium PDF Author: Fischer Black
Publisher: MIT Press
ISBN: 9780262023825
Category : Business & Economics
Languages : en
Pages : 340

Book Description
The general equilibrium approach, Black asserts, can be used to explain most of the economy's behavior. It can explain business cycles and growth without using sticky prices, irrationality, economies of scale, or imperfect competition. It can explain the volatility of consumption, output, sales, investment, and inventories with axiomatic utility and constant-returns-to-scale production. It can explain temporary layoffs, job changes with and without intervening unemployment, and the behavior of vacancies. It can explain lower wages in part-time jobs, wages that increase rapidly with time on the job, and the forces that cause migration from poor to rich countries. Although the general equilibrium approach cannot be tested in conventional ways, it can be used to generate examples that explain stylized facts - generalized observations from the real world - that have preoccupied macroeconomists for the last decade. Black contrasts his interpretation of these facts with conventional views. Finally, he reviews a substantial body of literature on these topics.

Exploring General Equilibrium

Exploring General Equilibrium PDF Author: Fischer Black
Publisher: MIT Press
ISBN: 9780262023825
Category : Business & Economics
Languages : en
Pages : 340

Book Description
The general equilibrium approach, Black asserts, can be used to explain most of the economy's behavior. It can explain business cycles and growth without using sticky prices, irrationality, economies of scale, or imperfect competition. It can explain the volatility of consumption, output, sales, investment, and inventories with axiomatic utility and constant-returns-to-scale production. It can explain temporary layoffs, job changes with and without intervening unemployment, and the behavior of vacancies. It can explain lower wages in part-time jobs, wages that increase rapidly with time on the job, and the forces that cause migration from poor to rich countries. Although the general equilibrium approach cannot be tested in conventional ways, it can be used to generate examples that explain stylized facts - generalized observations from the real world - that have preoccupied macroeconomists for the last decade. Black contrasts his interpretation of these facts with conventional views. Finally, he reviews a substantial body of literature on these topics.

Guidelines on the Management of Latent Tuberculosis Infection

Guidelines on the Management of Latent Tuberculosis Infection PDF Author: WHO
Publisher: World Health Organization
ISBN: 9241548908
Category : Medical
Languages : en
Pages : 38

Book Description
BACKGROUND: Latent tuberculosis infection (LTBI), defined as a state of persistent immune response to prior-acquired Mycobacterium tuberculosis antigens without evidence of clinically manifested active TB, affects about one-third of the world's population. Approximately 10% of people with LTBI will develop active TB disease in their lifetime, with the majority developing it within the first five years after initial infection. Currently available treatments have an efficacy ranging from 60% to 90%. Systematic testing and treatment of LTBI in at-risk populations is a critical component of WHO's eight-point framework adapted from the End TB Strategy to target pre-elimination and, ultimately, elimination in low incidence countries. OVERVIEW: Recognizing the importance of expanding the response to LTBI, in 2014 WHO developed Guidelines on the Management of Latent Tuberculosis Infection. The guidelines are primarily targeted at high-income or upper middle-income countries with an estimated TB incidence rate of less than 100 per 100 000 population, because they are most likely to benefit from it due to their current TB epidemiology and resource availability. The overall objective of the guidelines is to provide public health approach guidance on evidence-based practices for testing, treating and managing LTBI in individuals with the highest risk of progression to active disease. Specific objectives include identifying and prioritizing at-risk population groups for targeted intervention of LTBI testing and treatment, including defining an algorithm, and recommending specific treatment options. The guidelines are expected to provide the basis and rationale for the development of national guidelines for LTBI management based on available resources, epidemiology of TB including intensity of transmission, the health-care delivery system of the country, and other national and local determinants.

History of Madison County, Indiana

History of Madison County, Indiana PDF Author: Samuel Harden
Publisher:
ISBN:
Category : Madison County (Ind.)
Languages : en
Pages : 411

Book Description


OAR Cumulative Index of Research Results

OAR Cumulative Index of Research Results PDF Author:
Publisher:
ISBN:
Category : Aeronautics
Languages : en
Pages : 252

Book Description


Index of Research Results

Index of Research Results PDF Author: United States. Air Force
Publisher:
ISBN:
Category :
Languages : en
Pages : 520

Book Description


Yackety Yack [serial]; 1968

Yackety Yack [serial]; 1968 PDF Author: University of North Carolina at Chape
Publisher: Legare Street Press
ISBN: 9781014169549
Category :
Languages : en
Pages : 538

Book Description
This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Maggie and Pierre & the Duchess

Maggie and Pierre & the Duchess PDF Author: Linda Griffiths
Publisher:
ISBN: 9781770911802
Category :
Languages : en
Pages : 230

Book Description
Winner of the first Dora Mavor Moore Award for Outstanding New Play, Maggie and Pierre chronicles the public and private relationship between Pierre Trudeau and Margaret Trudeau from 1974-1980. In this mock epic tale three characters, Pierre, Margaret, and Henry, a newspaper reporter navigate the landscape of a changing nation and opposing ideals. The Duchess tells the story of Wallis Simpson, the infamous woman for whom Edward VIII abdicated his throne in 1936. Wallis was brazen and sexual, and unintentionally steered the course of British history as she captivated the king. An inspired epic, The Duchess traverses between a straightforward narrative and magic realism.

The 68000

The 68000 PDF Author: Leo J. Scanlon
Publisher:
ISBN:
Category : Motorola 68000 (Microprocessor)
Languages : en
Pages : 237

Book Description