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The Columbia Encyclopedia, Sixth Edition articles from September 2002
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 September 2002
Editors' summary.
September 22, 2002... THE BROOKINGS PANEL ON Economic Activity held its seventy-fourth conference in Washington, D.C., on September 5 and 6, 2002. This issue of Brookings Papers on Economic Activity includes the papers and discussions presented at the conference....
The role of models and probabilities in the monetary policy process.
September 22, 2002... THis IS A PAPER ON THE way data relate to decisionmaking in central banks. One component of the paper is based on a series of interviews with staff members and a few policy committee members of four central banks: the Swedish Riksbank, the...
Robust monetary policy rules with unknown natural rates.
September 22, 2002...
The natural rate is an abstraction; like faith, it is seen by its
works. One can only say that if the bank policy succeeds in
stabilizing prices, the bank rate must have been brought in line
with the natural rate, but if it does...
Current account deficits in the euro area: the end of the Feldstein-Horioka puzzle?
September 22, 2002... IN 2000-01 THE CURRENT account deficit of Portugal reached 10 percent of its GDP, up from 2-3 percent at the start of the 1990s. These deficits are forecast to continue in the 8-9 percent range for the indefinite future. Greece is not far...
Productivity growth and the new economy.
September 22, 2002... WHAT, ANOTHER PAPER ON the new economy? When financial markets are raking through the debris of $8 trillion in lost equity value, and ".com" is a reviled four-symbol word, a paper on the impact of the new economy on productivity would seem as...