Tourism and Leisure Mobilities: Politics, work, and play

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Language: English

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At the same time, rents remained stable, and there was a relative decline in the costs of heating and light. A curve showing the relationship between the quantities of a good consumers are willing and able to buy during a particular time period and their respectable prices. Owing to the dollar’s preeminent standing, that could have severe global repercussions. I attended the Fed’s recent gathering in beautiful Jackson Hole, Wyoming—the first time I had been since the end of my term as Fed chairman.

Pages: 274

Publisher: Routledge (July 15, 2016)


The curve for the no-shirking condition (labeled NSC) goes to infinity at full employment as a result. The inflation-fighting benefits to the entire economy arising from a presumed optimum level of unemployment has been studied extensively. [90] The Shapiro–Stiglitz model suggests that wages are not bid down sufficiently to ever reach 0% unemployment. [91] This occurs because employers know that when wages decrease, workers will shirk and expend less effort The competition, which attracts young econometricians from leading universities, takes place annually (visit ). Each participating university sends a team of 4 students to work on a socially relevant case using econometric methods , e.g. With this production suffers and companies unable to pay on time and this increases the rate of unemployment. Job dissatisfaction by many employees is another cause, this happens when less attention given by the employers on the performance of employee , cited: A low rate of entrepreneurship may also International Conference on Business & Information 2013 ISBN 978-955-4563-17-9 be a consequence of the low economic growth levels, which also reflect higher levels of unemployment (Audretsch, 1995) , e.g. Pulled down by slower expected growth in the United States, the world's advanced economies are expected to grow 1.6 percent this year, down from the 1.8 percent the fund forecast in July. But the IMF upgraded its forecast for Japanese growth to 0.5 percent this year and for the 19 countries that use the euro currency to 1.7 percent. The fund's outlook for the United States is a bit gloomier than other private forecasts
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