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The Columbia Encyclopedia, Sixth Edition articles from September 2004
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 2004
Editors' summary.(Editorial)
September 22, 2004... THE BROOKING'S PANEL ON Economic Activity held its seventy-eighth conference in Washington, D.C., on September 9 and 10, 2004. This issue of Brookings Papers on Economic Activity includes the papers and discussions presented at the conference....
Monetary policy alternatives at the zero bound: an empirical assessment.
September 22, 2004... THE CONVENTIONAL INSTRUMENT of monetary policy in most major industrial economies is the very short term nominal interest rate, such as the overnight federal funds rate in the case of the United States. The use of this instrument, however,...
Budget deficits, national saving, and interest rates.
September 22, 2004... ECONOMIC ANALYSIS OF the aggregate effects of fiscal policy dates back at least to the work of David Ricardo. Modern academic interest was reinvigorated by the work of Robert Barro and others and by the emergence of large U.S. federal budget...
What happened to the great U.S. job machine? The role of trade and electronic offshoring.
September 22, 2004... The loss of manufacturing jobs and hundreds of thousands of service jobs over the past few years, and the threat of the loss of millions more to offshore outsourcing, is a clear call to our business and political leaders that our trade policies...
Investment, overhang, and tax policy.
September 22, 2004... THE PAST DECADE HAS seen an unusual pattern of investment. The boom of the 1990s generated unusually high investment rates, particularly in equipment, and the bust of the 2000s witnessed an unusually large decline in investment. A drop in...