This paper sounds a caution to international trade economists, demonstrating that the equilibrium trade imbalances implied by most models of international investment disturb the symmetry between import tariffs and export taxes found by Lerner (1936). When trade is unbalanced, Lerner's equivalence result holds only when: Trade tax revenue is redistributed...
This paper makes an attempt to deal with the issues of bilateral trade relationship between Bangladesh and India. The second section of this paper highlights the historical development of Bangladesh-India trade relations; the third section looks at the trend, structure and current picture of Bangladesh-India trade; the fourth section discusses...
In the 21st century our nation faces a growing fiscal imbalance. A demographic shift will begin to affect the federal budget in 2008 as the first baby boomers become eligible for Social Security benefits. This shift will increase as spending for federal health and retirement programs swells. Long-term commitments for...
This paper attempts to conceptualize the debate regarding the role of asset prices and perceived financial imbalances in the formation of monetary policy from the perspective of theoretically optimal policy responses. While much of the disagreement can be reconciled within the framework of flexible inflation targeting, defined as a commitment...
For any company considering whether to offer or continue to offer a traditional defined benefit DB pension scheme, the fundamental issue is whether the benefit of doing so justifies the cost. The rationale is clear: in providing a desirable benefit for employees, the company hopes to attract and then retain...
This paper examines the view that inflation targeting alone, whether explicit or implicit, is not enough and that there is a case for an additional monetary response to asset price movements and/or developing financial imbalances in order to reduce the risks of future financial instability. The abrupt unwinding of asset...
In the 1990s, transition countries underwent large adjustments to address fiscal imbalances. This paper examines whether the factors identified in the literature on advanced economies, the size and composition of adjustment, are important in transition economies. It finds that larger consolidations were more successful in addressing fiscal imbalances on a...
This paper proposes a simple model of price pressure and empirically shows that stock returns are in large part due to supply and demand imbalances, and not exclusively due to information. Using a measure of order flow imbalance, which is readily available on the Paris Bourse, the paper runs specifications...
Imbalance in health workforce is an issue regularly addressed by the media, researchers and policy makers. It is a major concern in developed and developing countries, as imbalances might have consequences such as lower quality and productivity of health services, closure of hospitals' ward, increasing wait time, diversion of emergency...
As chairman of the Federal Reserve Board since 1987, Alan Greenspan has presided over the longest economic expansion in history, until recently referred to as the "Goldilocks Economy." Ever since he rescued the stock market following the crash in 1987, he has become the "rescuer of last resort." Whenever a...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/f691a7/value_in_time_bet) has announced the addition of the "Value in Time: Better Trading through Effective Volume" report to their offering. Breakthrough technical analysis tools that will put traders in a better position to succeed. In his quest to become a profitable...
Large Number of Hospitals Operating in the Red Compounds Financial Problems, According to New Report from HealthLeaders-InterStudy NASHVILLE, Tenn., July 14 /PRNewswire/ -- HealthLeaders-InterStudy, a leading provider of healthcare market intelligence, reports that more than 40 percent of the hospitals in the Los Angeles market are losing...
WASHINGTON AP -- Scientists have new evidence that the brain chemical best known for regulating mood also plays a role in the mystifying killer of seemingly healthy babies -- sudden infant death syndrome. Autopsied tissue from SIDS babies first raised suspicion that an imbalance in serotonin might...
According to gastroenterologist andPresident of World Gastroenterology Organization Dr. Eamonn Quigley, youroverall health depends on the healthy functioning of your digestive system.Your digestive system not only pulls nutrients from food to nourish thebody, but it participates in protecting it from disease. The bacteria thatpopulate the digestive tract play a...
WASHINGTON AFP — European scientists have shed new light on the causes of the devastating, inexplicable syndrome known as sudden infant cot death, according to a study published Thursday. The syndrome, which strikes fear into every parent's heart, affects seemingly healthy babies aged between a month to a...
Brandi Giesick Nebraska Age 33 Height 5'2" Pounds lost 141 At this weight 3 years Brandi's challenge At age 22, after having her second child, Brandi began packing on pounds, even though she hadn't...
According to sexual health expert, Sheryl Kingsberg, PhD, baby boomers are more willing to talk about a female sexual dysfunction FSD at a cocktail party than with their doctor. Incidence of Hypoactive Sexual Desire Disorder HSDD, the most common sexual problem for women increases with age and after...
TOKYO, June 16 Kyodo Selected editorial excerpts from the Asia-Pacific press: EIGHT YEARS ON (The Korea Herald, Seoul) ''The South and the North have agreed to consolidate mutual trust by promoting balanced development of the national economy,'' says the June 15, 2000...
DANBURY, Conn. -- Praxair, Inc. (NYSE: PX) is notifying industrial gas customers in the United States of the following price and monthly fee increases, effective July 1, 2008, or as contracts permit: * 10% to 20% for nitrogen, oxygen, argon, hydrogen, and carbon dioxide * 15%...
Austria v Germany Today, 19.45, Vienna, BBC1 Austria may not be a football nation but tonight the country will stop for a football match. Austria v Germany is Scotland v England multiplied. The imbalance between the teams is greater, the historical enmity more recent. For days the...
