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In the context of international financial crises, what mathematical methods have Economists employed in order to quantify financial contagion?
Note: For a working definition of contagion I'll use the description supplied by Kaminsky, Reinhart & Vegh (2003):
We refer to contagion as an episode in which there are significant immediate effects in a number of countries following an event that is, when the consequences are fast and furious and evolve over a matter of hours or days. This fast and furious reaction is a contrast to cases in which the initial international reaction to the news is muted.
q.equilibration is the process of moving between two equilibrium points as a result of some change in supply or demand.
Illustrate what is elasticity of demand at profit maximizing level of output. Without use of any calculations, determine wherefirm=s total revenue would increase, decrease, or stay same if CRAPCO attempted to increase its price by .2%. Explain how..
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q1. compare the supply and demand conditions in both locations. how many people live in each place? what is the weather
Draw and show the change in the PPF when an outbreak of avian flu sickens millions of agricultural and industrial workers.
You are Chair of the Federal Reserve Board. In your meeting with the Federal Open Market Committee, the committee unanimously votes to increase the money supply using open market operations (OMOs). During the press conference after the meeting a repo..
Which of the following is not an example of a monopolistically competitive firm?
Calculate the expected utility of each project according to this criterion. Is this individual risk adverse, risk neutral, or risk seeking? Why?
A firm sells cups in two fake countries, Noland and Yesville. Price discrimination is illegal in Noland and in Yesville. But, the price per cup can be different in Noland than it is in Yesville. Calculate profit maximizing values for:
q.1. what factors are important in determining the length of the imitation lag and the length of the demand lag?
What are your predictions for the US economy over the next two years? Use the macroeconomic models you have learned to present a reasoned answer. Explain your assumptions clearly.
Your rich relative died and left you $100,000, which you decided to use for your own Internet business. What will be your fixed and variable costs? Briefly discuss.
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