Economics of Developing Countries

Economics of Developing Countries

By: Tiago N. Caldeira

Since the pioneering research by Blanchard and Quah (1989), the structural vector autoregression (SVAR) model has been widely used in empirical research macroeconomics. Blanchard and Quah (1989) develop a bivariate VAR model in which real GNP is affected by aggregate supply shocks and aggregate demand shocks. Aggregate supply shocks. (productivity shocks) are assumed to have permanent effects on real GNP, while aggregate demand shocks are assumed to have only temporary effects on real GNP. Blanchard and Quah (1989) identify aggregate supply shocks and aggregate demand shocks from VAR estimations with these restrictions imposed, then analyze how each type of shock affects real GNP based on impulse response and forecast error variance. Bayoumi and Eichengreen (1992) and Lastrapes (1992) apply the SVAR model to evaluate the sources behind real and nominal exchange rate fluctuations. [download]

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Energy Risk

Energy Risk 

By: Dragana Pilipovic

. . . until it starts hurting. As a little girl perhaps I did not know very much about the world at large, but I knew that I did not like going to the dentist. One of my teeth started hurting. I did not like it, I did not enjoy it, but I was going to stand it for as long as I could. I was going to pretend that it was not happening, assume everything was fine just to avoid the dreaded dentist. In the end, the tooth caught up with me. Once the pain got so bad that I could no longer run out to play, I had to tell my mother. Sure enough, the visit to the dentist was not a pleasant one; the baby tooth was at this point so far gone that it could not be saved, and had to be pulled. The moral of the story is not that you should go to the dentist (although you should!), but rather, that the truth will catch up to you, sooner or later, like it or not. [download]

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Future Direction for Heterodox Economics

Future Direction for Heterodox Economics 

By: John T. Harvey and Robert F. Garnett 

Heterodox economics is a community of oersoectives that first emerged in the late 1960s in opposition to the prevailing neoclassical-Keynesian orthodoxy. As an Intellectual  movement, heterodox economics has always had like the greek prefix that anchors its name a twofold goal: to develop a heterodox alternative to the current orthodoxy, and to affirm the plurality of theories, methods, and knowledges that compose economic discourse, in opposition to any sort of monism (hetero as “multiple” or “containing different kinds”). The paradigm building face of heterodoxy was prominent in the 1970s and 1980s, when many leading nonmainstream theorist and schools of thought endeavored to develop a “single correct alternative to neoclassical economics”. [download]

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Criss Angel-Mindpreak

Criss Angel-Mindpreak 

By: Laura Morton

I was three hours into the desert outside Las Vegas. I arrived at our location in the pitch black of night, so I had no sense of the beauty that surrounded me. It’s the last week of shooting the first season of my television show,  MINDFREAK, and I am exhausted. I need a break from the nonstop grind of working twenty-twohour days for the past several months the physical demands I had placed on my body were finally taking a toll. I only have this one last demonstration left to shoot, but it is by far the most challenging I’ve attempted all season. Tomorrow I will face an extreme version of a body suspension, something I have successfully done two times before. I plan to retire it from my act after tomorrow’s final demonstration, which is going to take place over the spectacular mountains and canyons of the Valleyof Fire. [download]

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Dirty Sexy Politics

Dirty Sexy Politics 

By: Meghan McCain

The night before the announcement, I had a nice big king-sized bed all to myself. It was late and I was having trouble settling down. I swilled Red Bull and Diet Coke all day on the campaign, gorged on pizza and donuts, and at night, after all that sugar and caffeine, it was hard to decompress. Shannon and Heather my friends, angels, and colleagues who took videos and still photographs for the campaign and my blog were in an adjoining room. I could hear them laughing. On the road, we were always together, our days spent mostly in transit, on one of the three campaign buses that took everybody around the country. At night, we shared connecting rooms in Holiday Inns very rarely anything nicer. One room had a king. The next room had two twins. We always took turns getting our own room. [download]

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Business Intelligence in The Digital Economy

Business Intelligence in The Digital Economy

By: Mahesh Raisinghani

Who will build intelligence into your business processes? Organizations that need to gain more efficiency and manage or reduce costs are looking to Business Intelligence (BI) to address their requirements. This book can be used as a tool to explore the vast parameters of the applications, problems, and solutions related to BI. Contributing authors include management consultants, researchers, and BI specialists from around the world. The book has an extensive range of topics for practitioners and researchers who want to learn about the state of the art and science in business intelligence and extend the body of knowledge. BI is important in helping companies stay ahead of the competition by providing the means for quicker, more accurate and more informed decision making. [download]

Format : Ebook.Pdf