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The Columbia Encyclopedia, Sixth Edition articles from March 2007
With over 51,000 entries The Columbia Encyclopedia (Sixth Edition) is an authoritative and exhaustive reference guide. Each entry is thorough and clear, the result of over 200 editors and academic advisors striving for depth and accuracy in the oldest, most venerable English language encyclopedia in the world.
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The Columbia Encyclopedia, Sixth Edition archives from March 2007
Editors' summary.
March 22, 2007... THE BROOKINGS PANEL ON Economic Activity held its eighty-third conference in Washington, D.C., on March 29 and 30, 2007. This issue of the Brookings Papers includes the papers and discussions presented at the conference. The five papers in this...
International reserves in emerging market countries: too much of a good thing?
March 22, 2007... WITH INTERNATIONAL reserves four times as large, in terms of their GDP, as in the early 1990s, emerging market countries seem more protected than ever against shocks to their current and capital accounts. Some have argued that this buildup in...
Explaining a productive decade.(role of information technology industry in the United States productivity growth from 1995-2000)(Report)
March 22, 2007... PRODUCTIVITY GROWTH IN THE United States rose sharply in the mid- 1990s, after a quarter century of sluggish gains. That pickup was widely documented, and a relatively broad consensus emerged that the speedup in the second half of the 1990s was...
Foreign capital and economic growth.
March 22, 2007... IN ONE OF HIS most memorable and widely quoted passages, John Maynard Keynes extolled the virtues not only of trade integration but also of financial integration when he wrote, in 1920, of the fabled Englishman who could "adventure his wealth...
The effect of dividends on consumption.(Report)
March 22, 2007... MICROSOFT'S $32 BILLION CASH dividend of December 2004 was the largest corporate payout ever. Classical models of finance and consumption-saving decisions predict that this dividend will have little effect on the consumption of Microsoft...
Cracking the conundrum.
March 22, 2007... BETWEEN JUNE 29, 2004, and February 2, 2005, the Federal Open Market Committee increased the target federal funds rate by 150 basis points (bp), or 1.50 percentage points. Over the same period, the long end of the yield curve fell, with the...