Tag: Economics

Read this article about the business cycle (click here (Links to an external site.)) or click here for a pdf (pdf here Download pdf here). The article argues that it is worthwhile to study past business cycles even though recent downturns in the US have been much shorter. First, why do you think recent business cycle downturns have been shorter? Second, in your opinion is it worthwhile to study earlier (longer) business cycle downturns?

How well does the Phillips Curve describe the inflation process in Philippines?

Answer this question by estimating the equation used in the Kamber Mohanty, Morley paper:

Have the driving forces of inflation changed in advanced and emerging market economies? (bis.org)

• For your own country
• Using ANNUAL data
• Using data from IMF
• Using data from central bank of Philippine
• Using data from The world bank
• (Anywhere you can find the data)

International Monetary Fund – Homepage (imf.org)

World Bank Group – International Development, Poverty, & Sustainability

Bangko Sentral ng Pilipinas Default.aspx (bsp.gov.ph)

This is the equation which, in addition to the domestic output gap, contains lagged inflation, global output gap, the percent change in the nominal exchange rate, and the percent change in USD oil prices. If you do not have an independent measure of expected inflation, please drop this variable from the regression.

=

= Annual inflation rate

= Expected inflation (Drop this variable if you do not have an independent measure for your country

= Domestic output gap (in percent). (Use a centered moving average of real GDP as potential output if you don’t have any other measure of potential GDP)

= ‘Global’ output gap. The file Output gap.xls contains four measures that you may use: one each for the US, France, and Germany as well as the average of the three. Use only one of them at the time. These data come from the WEO Data Base April 2021. You may use any of these or, any other measure that you think is more appropriate.

= The percentage change in your country’s exchange rate relative to the USD, or relative to a trade-weighted average if you think it is more appropriate, and if it is easy to find.

= The percentage change in an international price of oil. The attached file (from FRED) contains the nominal USD price per barrel of Brent crude oil. You may use this to construct the percentage change. The file is called POIL.xls

• Estimate the model for the 2000 to 2015, and describe and comment on the results.
• Use the model to forecast inflation for 2016 – 2020. Use the actual values of the independent variables for those years when you calculate your forecast.

PLEASE NOTE: It is possible that the model does not explain the data as well as you might wish. Do not take this as a failure. Remember, what you are doing is giving an answer to the question ‘How well does the Phillips Curve describe the inflation process in Philippines However, if some results are not what you expect them to be based on the underlying theory, do try to speculate on why that is the case.

Rubric

All cite must come from the required reading, at least one cite from each reading. You should reflect on what you have learned, rather than summarize or present most material in bullet point form. Although you may quote material from lectures and readings, this is best used to support your main arguments, not as a replacement for them.

Approaches in write-ups can include:

* Compare and contrast ideas from the perspective of your preexisting views

* Discuss in detail how lectures and readings surprised and challenged your previous lines of thinking and assumptions

* Think critically about ideas and lines of thought presented in lectures and reading and discuss their strengths and weaknesses

There are not “right” presentations or answers in write-ups–there are only thoughtful discussions of diverse views. Try to provide information on each lecture/reading, even if you go into some in more detail and depth than others. Apply course material in your write-ups, be analytical, and be creative. Content, clarity, and breadth are considered toward your grade.

Rubric

All cite must come from the required reading, at least one cite from each reading. You should reflect on what you have learned, rather than summarize or present most material in bullet point form. Although you may quote material from lectures and readings, this is best used to support your main arguments, not as a replacement for them.

Approaches in write-ups can include:

* Compare and contrast ideas from the perspective of your preexisting views

* Discuss in detail how lectures and readings surprised and challenged your previous lines of thinking and assumptions

* Think critically about ideas and lines of thought presented in lectures and reading and discuss their strengths and weaknesses

There are not “right” presentations or answers in write-ups–there are only thoughtful discussions of diverse views. Try to provide information on each lecture/reading, even if you go into some in more detail and depth than others. Apply course material in your write-ups, be analytical, and be creative. Content, clarity, and breadth are considered toward your grade.

Powerpoint about Bernie Madoff case( in O&T Risk Management view)

“Internal Fraud” is a leading cause of Operations and Technology losses.

Apply the concepts learned in this class to the Bernie Madoff case, to develop an O&T Risk Management Program for the Investment Advisory Industry.

Your presentation should address:

What “internal fraud” was Bernie committing? 

How did Bernie avoid detection? 

What Risk Management policies and processes could have surfaced Bernie’s fraud? 

What would you recommend as a process for Risk Management at any investment fund? 

What else do you want to add to your presentation (if anything).  

“Account for Britain’s decline as the world’s leading economic power.” This essay needs to use the HARVARD METHOD OF REFERENCING and contain at least 2 000 words. It must have a cover page, table of contents and bibliography. Use logical and well-balanced arguments sustained throughout the essay which is supported at every point by relevant evidence and useful statistics and diagrams where needed. Signs of a comprehensive coverage of the literature which has been studied and assessed critically by the student so that some new ideas emerge. The essay must be well organised and the style must convey precisely what the student is trying to say.

Hi, you are applying to the education service, subjects are Humanities and Business. I need someone to write a profile headline and 300-400 words of Bio, based on the resume which I’ll share with you later. Thank you.

The overall aim of our lab section this term is to increase your proficiency in Microsoft Excel and data analysis. By the end of the term, you should feel comfortable taking on any workplace assignments that involves data analysis through Excel. The third lab aims to teach you: • How to collect, organize and analyze a very large dataset • Create your own dataset • A method to combine two datasets into one

Need to write a Referee Report about a Journal “The impact of COVID-19 on student experiences and expectations: Evidence from a survey”. I have a pdf version and an example about the referee report. It’s about causal inference.