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Twenty years With the Euro

 Twenty years With Euro Twenty years ago, on January 1, 2002, citizens of 12 European countries began using notes and coins ...
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Oil, Economy and Institutions

 Oil, Economy and Institutions The weakness of the economies of countries that possess oil resources is often attributed to these same ...
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change in the world economies

  change in the world economies American economist William Arthur Lewis was awarded the Nobel Prize in Economic Sciences for his analysis ...
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Why did almost no one notice the advent of inflation?

 Why did almost no one notice the advent of inflation? Inflation is not nearly as bad as the financial crisis, especially ...
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Why did almost no one notice the advent of inflation?

 Why did almost no one notice the advent of inflation? Inflation is not nearly as bad as the financial crisis, especially when price increases coincide with a rapid improvement in the economy. While financial crises may be by their nature unpredictable, forecasting inflation is a key component of macroeconomic modeling.Why, then, has nearly everyone so grossly mischaracterized the inflation story in the US last year? A survey of 36 private forecasters in May revealed average inflation expectations of 2.3% for 2021 (as measured by the core PCE price index, the target metric that the Fed actually uses). In all, the group ...
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