Aggregate
in sentence
821 examples of Aggregate in a sentence
It shows that most households’ real market incomes remained flat or fell, even though
aggregate
growth remained positive in the 2005-2014 period.
But RWT is costly, too, as we have seen, so the
aggregate
negative effect of the policy response to false positives (AWF) would have to be large to be convincing.
Virtually every economic policy has an impact on both
aggregate
income and its distribution.
The ordoliberal emphasis on personal responsibility fostered an unreasoning hostility to the idea that actions that are individually responsible do not automatically produce desirable
aggregate
outcomes.
In a global economy in which
aggregate
demand is a key growth constraint, that is the last thing the system needs.
Weak
aggregate
demand is the primary culprit for subdued GDP and employment growth.
Economists use different methods to analyze fiscal issues: stylized analytical models; macroeconometric models fitted to
aggregate
data, such as those used by the Federal Reserve, the European Central Bank, and the US Congressional Budget Office (CBO); empirical estimation of key parameters, such as spending multipliers; vector autoregressions; and historical studies.
Rather, the risk stems from governments’ refusal, when push comes to shove, to match
aggregate
demand to
aggregate
supply in order to prevent mass unemployment.
Managing
aggregate
demand is governments’ job.
It’s just that their integrity suffers little lapses here and there – and not always so little in
aggregate.
For the US and Switzerland, this is particularly bad news, as in both countries the realized write-offs already amount to 53% and 54% of the
aggregate
balance sheets of their national banking systems, which corresponds to 4.4% or 15.0% of GDP, respectively.
Their write-offs were 2.0%, 4.2% and 2.8% of GDP, respectively, which corresponds to 11%, 16% and 22% of the
aggregate
equity stock of their banking systems.
I used to think that the US current account deficit would stop when the rest of the world "balanced up"--when Japan recovered from its decade-long stagnation, and when Western Europe restructured its economy, boosting
aggregate
demand and reducing its unemployment rate to some reasonable level.
If a single major central bank attempted to introduce higher interest rates, its economy would immediately be “punished” through currency appreciation, declining competitiveness, and falling exports, all of which would undermine
aggregate
demand and employment.
At the
aggregate
level, Egypt could improve its performance in global rankings.
So at the heart of a great country’s power is its economic might, both
aggregate
and in terms of the prosperity of its individual citizens.
Dissatisfaction with the myopia of GDP has led policymakers in recent years to explore alternative, more people-oriented
aggregate
indicators.
Given GDP’s seeming indispensability today, it may come as a surprise that until the 1930s national governments’ only
aggregate
statistical measurement of the economy was tax estimates.
Congress recognized the need for an
aggregate
statistical picture of the economy, but it didn’t know how to produce one.
Once established, the ICU would tax persistent surpluses and deficits symmetrically, to annul the negative feedback mechanism between unbalanced capital flows, volatility, inadequate global
aggregate
demand, and unnecessary unemployment distributed unevenly around the world.
The longer these disturbances persisted, the greater the threat to a global economy already challenged by structural weaknesses, income and wealth inequalities, pockets of excessive indebtedness, deficient
aggregate
demand, and insufficient policy coordination.
As former United States Deputy Secretary of the Treasury Frank Newman argued in a recent book, Freedom from National Debt, a country’s capacity for fiscal intervention is better assessed by examining its
aggregate
balance sheet than by the traditional method of comparing its debt (a liability) to its GDP (a flow).
But it remains unclear whether elevated asset prices are supporting
aggregate
demand or mainly shifting the distribution of wealth.
Finally, and most important, the magnitude and duration of the drop in
aggregate
demand has been greater than expected, partly because employment and median incomes have been lagging behind growth.
The world’s major developed economies are not suffering from cyclical deficiencies in
aggregate
demand that are amenable to a monetary cure.
For starters, it reflects the enormous successes in economic development during the last four decades (the BRICS’
aggregate
GDP is now greater than that of the advanced countries when the Bretton Woods institutions were founded) and the rebalancing of global economic power that this implies.
Consider first the goal of reversing the monetary expansion, which is necessary to avoid a surge of inflation when
aggregate
demand begins to pick up.
We must think hard about fiscal policies and structural measures to support sustained and adequate
aggregate
demand.
Generally, a centralized, top-down approach – one that comprehends the entire system, identifies choke points, and makes changes to eliminate them – will be more efficient than simply letting individual drivers make their own choices on the road, with the assumption that these choices, in aggregate, will lead to an acceptable outcome.
Under conditions of weak
aggregate
demand, stronger public investment encourages more private business investment.
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