Social policy

(Fed), the Bank of England (BoE) and the European Central Bank (ECB), there has been an undeniable surge in the debating of the validity of the strategy by both scholars and industry professionals alike. The success of central bank’s asset purchasing policies are mostly perceived to decrease unemployment and boost economic activity; see (Kapetanios et al., 2012), (Joyce et al., 2012), (Gagnon et al., 2011) and others. It may be true that economic activity is increased as a result as a large…

increasing the monetary supply without tying the increase to gross national product output. Bernanake 's writings discussed the challenges of implementing a "helicopter money" policy, according to an article posted on Forbes.com, so Japanese financial leaders were anxious to consult with Bernanke before implementing such a policy. Bernanke 's visit to Japan was enough evidence to send stock prices soaring despite Japanese policymakers denying that they were considering direct debt monetization,…

Immigration is driven by various factors such as the increased population in the world (Bansak, Simpson and Zavodny). Such increase is further complemented by the introduction and growth of the modern technology that enables people to move from one place to another regardless of the distance between at a given time. Energy consumption, on the other hand, has been affected by the increasing demand for energy supply in daily activities such as transportation, cooking, entertainment, learning…

There is a dire need of the solution if we are to reduce the environmental degradation for the sake of the future generations. The development of the sustainable energy policy is required to change values and lifestyles in energy production and use. The decline of petroleum production near the end of the 21st century will cause oil and gasoline to be in shorter supply and more expensive but before that they need to be reduced…

National Compensation Survey Methods and Reasoning The National Compensation Survey (NCS) is a division of the United States Department of Labor, and resides within the website for the Bureau of Labor Statistics. The function of the NCS is to collect information regarding changes in employer and employee costs, as well as cost levels and cost of employee benefits. These three methods that the NCS uses to gain the data are the Employment Cost Index, The Employer Costs for Employee Compensation,…

This article reports that in January 15, 2015, the Reserve Bank of India (RBI) surprised the market by implementing expansionary monetary policy (EMP) and cut the interest rate, which reduces its “key repo rate by 25 basis points to 7.75 percent” to boost the economy. This is because the persistent decline in crude oil prices leads to lower demand in oil. Consequently, countries only gain low profit from selling oil, which the level of gross domestic product (GDP) result in a dramatic decline.…

The purpose of this paper is to advise the president of Bartvia on how to enact some expansionary fiscal policy. The economy of Bartvia is close to a full employment level, meaning that all resources are most fully employed in the economy. A short run tradeoff between unemployment is better than inflation. To begin with “An expansionary policy is a macroeconomic policy that seeks to expand the money supply to encourage economic growth or combat inflation (price increases’. “Inflation is an…

afloat and to protect investors in the process. From small businesses (microeconomics) to government spending (macroeconomics) to different economic policies like Fiscal and Monetary America’s economy has it all. When talking about employment fiscal policy plays a HUGE role. This term fiscal policy is normally associated with macroeconomics. Fiscal policy deals with the way government adjusts taxes and spending to have a desired…

standard and the Fed’s issuing of fiat money which is money not tied to a physical asset (Ro). The Federal Reserve is also supposed to prevent or lessen the effects of recessions or depressions. During the time the Fed has been in charge of monetary policy, several major recessions have occurred including two of the greatest in history, the Great Depression and the recession of 2008. The Fed is also suspect to conflict of interests. A recent example being the apportionment of bailout money…

economies. Monetary policy is seen as the central tool of macroeconomic stabilization, and in some countries monetary policy is implemented by an independent central bank (Blinder, 1998). According to Singleton (2011), the world central banks have experienced two revolutions in the 1940s and 1980s, respectively. The former indicates that the central banks were less autonomous and were controlled by the governments with regard to the setting and implementation of macroeconomic policy. The latter…